Aroon Oscillator Bitcoin Trading Analysis and Aroon Oscillator Bitcoin Trading Signals
Calculated from Aroon Bitcoin Technical Indicator.
Calculation
The oscillator is calculated by subtracting Aroon DOWN Indicator from Aroon UP Indicator.
The Oscillator oscillates between -100 and +100, this is because both Aroon UP Indicator and Aroon DOWN Indicator moves between Zero and 100.
Bitcoin Trading Analysis and Generating Bitcoin Trading Signals
Buy Bitcoin Trading Signal
The Oscillator gives a technical buy cryptocurrency signal when it goes above the Zero line. The further it is from zero the stronger the up btcusd trend
The indicator shows btcusd price is gaining momentum if it keeps moving towards +100, and momentum is reducing if it is approaching the Zero mark.
Sell Bitcoin Trading Signal
The Oscillator gives a technical short signal when it goes below the Zero line. The further it is from zero the stronger the down btcusd trend
The indicator shows btcusd price is gaining momentum if it keeps moving towards -100, and momentum is reducing if it is approaching the Zero mark.
Buy and Sell Bitcoin Trading Signals