The Trend Is Your Friend š«
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:
ā¢ Bitcoin (BTC), CMC Rank: 1
ā¢ BNB (BNB), CMC Rank: 4
ā¢ XRP (XRP), CMC Rank 7
ā¢ Tron (TRX), CMC Rank 11
ā¢ Aave (AAVE), CMC Rank 43
ā¢ Pax Gold (PAXG), CMC Rank 132
ā¢ Reserve Rights (RSR), CMC Rank 196
ā¢ Aragon (ANT), CMC Rank 236
Be careful with Pax Gold and Aragon since the RSI already trades in overbought territories.
