6 Cryptos Making Technical Analysis Moves for 3/7/2022

For this 3/7/2022, we look at cryptocurrencies making waves from Technical Analysis Perspective.


Traders of different trading timeframe philosophies would agree that it is important to gain an understanding of a currency pair's price action. This importance varies among traders, but it still remains important as traders look to buy low and sell high. Every day presents new opportunities to examine cryptocurrencies and their price movement (technical analysis).

Let’s examine the cryptocurrencies that have made the most recent technical analysis moves with various indicators. This is not an exhaustive list, this is just a selection of cryptos that have made a significant movement or have made a shift. None of the below is financial advice, you are encouraged to do your research before trading or investing in any securities. Cryptocurrency positions carry risk of loss of investment principal.

Cryptocurrency #1:DCRUSD



In this examination of DCRUSD's hourly candlestick chart (1h) it has a Relative Strength Index (RSI) that is below 25 in the previous trading hour. As far as a 14 hour RSI is concerned, it is in oversold condition. When used with other indicators and price action, it could help in providing the conditions where one would take a long position or take profits on a short position.

The Moving Average Convergence Divergence (MACD) indicator for DCRUSD on a daily chart has shown a bearish signal, the signal line crossed below the MACD Line and the MACD Histogram crossed below the Zero Line in the previous trading day on the daily chart.


Cryptocurrency #2:DVFUSD



The hourly chart of DVFUSD has the Relative Strength Index (RSI) dropping below 25 in the previous trading hour, which indicates that the cryptocurrency is oversold. This is commonly used in conjunction with other indicators to confirm a possible situation where one would go long on this currency pairing or take profits on a short position.

On the daily chart for DVFUSD, the Moving Average Convergence Divergence (MACD) is showing a bearish signal, the signal line crossed below the MACD Line and the MACD Histogram crossed below the Zero Line in the previous trading day on the daily chart.


Cryptocurrency #3:EUTUSD



EUTUSD is appearing bullish according to the Moving Average Convergence Divergence (MACD) indicator on a hourly chart with the common default settings of a 12 hour Exponential Moving Average less the 26 hour Exponential Moving Average with the 9 hour Exponential Moving Average to be used as the Signal Line. The signal line crossed above the MACD Line and the MACD Histogram crossed above the Zero Line in the previous trading hour on the hourly chart.

In this examination of EUTUSD's daily candlestick chart (1D) it has a Relative Strength Index (RSI) that is below 25 in the previous trading day. As far as a 14 day RSI is concerned, it is in oversold condition. When used with other indicators and price action, it could help in providing the conditions where one would take a long position or take profits on a short position.


Cryptocurrency #4:XDCUSD



Right now, the hourly trend is an downswing and the Bollinger Bands help confirm it as the price is nicely contained within 1-2 Standard Deviation levels below the mean.

Right now, the daily trend is an downswing and the Bollinger Bands help confirm it as the price is nicely contained within 1-2 Standard Deviation levels below the mean.


Cryptocurrency #5:XVGUSD



On the hourly chart for XVGUSD, the Moving Average Convergence Divergence (MACD) is showing a bullish signal, the signal line crossed above the MACD Line and the MACD Histogram crossed above the Zero Line in the previous trading hour on the hourly chart.

On the daily chart for XVGUSD, the Moving Average Convergence Divergence (MACD) is showing a bearish signal, the signal line crossed below the MACD Line and the MACD Histogram crossed below the Zero Line in the previous trading day on the daily chart.











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The people doing V2K with remote neural monitoring want me to believe this lady @battleaxe is an operator. She is involved deeply with her group and @fyrstikken . Her discord is Battleaxe#1003. I cant prove she is the one directly doing the V2K and RNM. Doing it requires more than one person at the least. It cant be done alone. She cant prove she is not one of the ones doing it. I was drugged in my home covertly, it ended badly. They have tried to kill me and are still trying to kill me. I bet nobody does anything at all. Ask @battleaxe to prove it. I bet she wont. They want me to believe the V2K and RNM in me is being broadcast from her location. And what the fuck is "HOMELAND SECURITY" doing about this shit? I think stumbling over their own dicks maybe? Just like they did and are doing with the Havana Syndrome https://ecency.com/fyrstikken/@fairandbalanced/i-am-the-only-motherfucker-on-the-internet-pointing-to-a-direct-source-for-voice-to-skull-electronic-terrorism

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