#Write2Earn #PENDLE
Technical indicators show the following signals:
- MACD: Bullish signal with a golden cross that has occurred 8 times with a signal accuracy of 37.5% in the last 7 days.
- RSI: There is no obvious pattern in the last 7 days, but in the last 30 days there has been a bullish "oversold" signal 20 times with a signal accuracy of 50%.
- BOLL and KDJ do not show obvious patterns over the last 7 and 30 days.
Based on current data and technical indicators, the Pendle market is in a situation where the MACD is signaling a possible rise in price and the RSI is not showing a clear direction. It is also worth noting that the external indicator of market sentiment shows a level of 78, which corresponds to the level of “greed”
I recommend purchasing right now, I expect a bullish trend in the next hour!
