Using 3-day 21-period EMA, TEMA interaction with ETHE

27 июл. 2021 г.

This is another example of how I am using an interaction between a 21-period EMA and TradingViews' Triple EMA (TEMA) to identify trending direction. I have my chart set at 3-day as that is about how long it takes to settle those investments.

Unless we have a reversal soon and subsequent move to the downside as with last year, we are headed towards a crossover going up TradingView (built-in) Triple EMA (blue line) over the 3-day 21-period EMA (red line). I am using daily pull-backs to DCA when the trend is going up.

Also shown on this chart is volume and CCI for context.

27 июл. 2021 г.

Заметка

I would add in referencing exactly one year ago - that we had an uptrend that reversed course and bottomed in October before our strong subsequent up-trend.