The Trend Is Your Friend đ«
Every day, I scan more than 500 crypto tokens for various technical indicators.
Here's one of my favorite searches: The Triple EMA.
What is The Triple EMA?
The indicator is based on three exponential moving averages (EMA): A long-term EMA (200 days), a medium-term EMA (100 days), and a short-term EMA (9 days).
The tokens below show a solid uptrend since their price trades above all three EMAs. Additionally, the EMAs are well aligned with the 9-EMA above the 100-EMA and the 100-EMA above the 200-EMA.
In other words, it is a setup that perfectly defines a solid uptrend.
Here are the tokens:
âą Bitcoin (BTC), CMC Rank: 1
âą BNB (BNB), CMC Rank: 4
âą XRP (XRP), CMC Rank 7
âą Tron (TRX), CMC Rank 11
âą Aave (AAVE), CMC Rank 43
âą Pax Gold (PAXG), CMC Rank 132
âą Reserve Rights (RSR), CMC Rank 196
âą Aragon (ANT), CMC Rank 236
Be careful with Pax Gold and Aragon since the RSI already trades in overbought territories.
