1) As you see i drew 2 resistance lines on CCI indicator and one of them will have been broken soon but we will wait for second one.
2) I drew resistance line on DMI indicator and it has not been broken yet.
2) I drew resistance line on DMI indicator and it has not been broken yet.
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RSI has 2 moving averages and they did not cross each other. It is still valid for sell sign. Also resistance line was not broken. I applied Weighted Moving Average(12 period) because in a year has 12 months. It represents 10.97 price level but price is 4.50$. We will wait more. Prices must be above this moving average.
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Resistance line was not broken this week.
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Very close to break its resistance line about CCI. It is same for +DI. Of course it may decrease more with a gap but certain buy sign will come from broken resistance line of CCI indicator.
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Daily chart.
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Daily chart!
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Resistance lines of RSI and CCI was broken yesterday.
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Both resistance line was broken last week of CCI.
+DI has broken its resistance line last week.
+DI has broken its resistance line last week.
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First resistance line was broken last week with huge volume.