Top 3 Crypto Trading Levels

Weekly Overbought / Oversold Ranges for the week of April 15 -22, 2018.

We report the conditions of a simple moving average overlay, taking volatility into consideration. In other words, stocks, bonds, & commodities trade back and forth like a pendulum on a grandfather clock. How big the “arc” of swing, is the annualized volatility.¬† It’s very similar to Bollinger Bands.

Ethereum  -58% oversold
Bitcoin at -28% oversold
Litecoin -46% oversold

Selling pressure continues with many different opinions for the cause.  All tokens continue to trade in OVERSOLD condition.

 

 

 

 

 

 

Learn more about investing in the Enterprise value of Blockchain stocks at: https://lnkd.in/eBbVFEX

Not investment advice. Cenacle Capital owns positions in Bitcoin, Ethereum and other digital tokens.

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