Aroon Oscillator Bitcoin Analysis & Aroon Oscillator ==22==Trade Signals
Calculated from Aroon Bitcoin Indicator.
Calculation
The oscillator is calculated by subtracting Aroon DOWN Indicator from Aroon UP Technical Indicator.
Oscillator oscillates between -100 & +100, this is because both Aroon UP Indicator ==22==and Aroon DOWN Indicator moves between Zero & 100.
Bitcoin Analysis and How to Generate Signals
Buy Signal
The Oscillator gives a technical buy cryptocurrency signal when it moves above Zero line. The further it is from zero the stronger the up btcusd trend
The indicator displays bitcoin price is gaining momentum if it keeps moving toward +100, and energy is reducing if it's approaching the Zero mark.
Sell Signal
The Oscillator gives a trading short signal when it goes below the Zero line. Further it is from zero the stronger the down btcusd trend
The indicator displays bitcoin price is gaining momentum if it keeps heading toward -100, & energy is reducing/decreasing if it's approaching the Zero mark.
Buy and Sell Trade Signals
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