1. Purple (EMA50) on top, then blue (EMA21), then orange (EMA9)
• Situation: Downward trend.
• Interpretation: The overall direction is downward, and momentum is weak. The price is likely heading downwards.
• Potential action: Do not enter buy, or consider selling with confirmation from other indicators.
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2. Orange breaks above blue, but purple is still above them
• Situation: Beginning of upward momentum.
• Interpretation: This could be the start of a reversal, but the overall trend is still negative (because EMA50 is above).
• Potential action: Do not enter directly. Watch to see if the price stabilizes above EMA50.
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3. The price is above all lines but purple (EMA50) is still above
• Situation: Temporary upward momentum within a downward trend.
• Interpretation: This could just be a bounce or correction.
• Potential action: Do not enter until after confirming a break of EMA50 and its stabilization.
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4. Purple (EMA50) in the middle: below orange and above blue
• Situation: Range or transitional phase.
• Interpretation: The market is unclear, and the direction may change.
• Potential action: Wait for a clearer arrangement of EMAs, and confirmation of direction from other indicators like MACD or RSI.
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5. Ideal arrangement for upward movement: orange > blue > purple
• Situation: Strong upward trend.
• Interpretation: Clear upward momentum, and buyers are entering.
• Potential action: Enter buy on corrections, or after breaking resistance.
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