ACT Price: 0.68205

ADX is showing a strong trend.

CCI is in the overbought area, short position may be considered.

Aroon is showing an upward trend.

There is a positive movement, there may be a buying opportunity.

TRIX is showing bullish momentum.

ROC is positive, an increase may be expected.

Price is above the upper Keltner band, there may be a selling opportunity.

Price is below the pivot point, approaching support levels.

CryptoLobby:

Short-term trading recommendations based on technical analysis indicators may be as follows:

1. ADX indicator is showing a strong trend. Therefore, we may be in an uptrend.

2. Since CCI is in the overbought area, short position may be considered, but caution should be exercised in this case, as other indicators are indicating an uptrend.

3. Aroon indicator is showing an upward trend, which indicates an uptrend.

4. TRIX and ROC indicators also support bullish momentum.

Williams %R and MFI are not in the overbought area, which may indicate that the price may rise further.

For the long positions you will create, the stop-loss level can be placed below the resistance level, and the take-profit level can be placed above the previous high level. For short positions, the stop-loss level can be placed above the resistance level, and the take-profit level can be placed below the previous low level.

According to market conditions, if we think that we are in an uptrend and other indicators are pointing in this direction, we can open long positions. Nevertheless, it is important to carefully determine the stop-loss and take-profit levels in order to manage risks. The recommended strategy is to make high-probability transactions by taking into account the strength and momentum of the trend. Finally, it is important to constantly monitor the market and manage positions according to the current situation.