Aroon Oscillator Bitcoin Analysis & Aroon Oscillator Trading Signals
Calculated from Aroon Technical Indicator.
Calculation
The oscillator is calculated by subtracting Aroon DOWN Technical Indicator from Aroon UP Technical Indicator.
Oscillator oscillates between -100 & +100, this is because both Aroon UP Indicator and Aroon DOWN Indicator moves between Zero & 100.
Bitcoin Analysis & How to Generate Trading Signals
Buy 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 trend
The indicator shows bitcoin price is gaining momentum if it keeps moving toward +100, & momentum is reducing if it is approaching the Zero mark.
Sell Trading Signal
The Oscillator gives a technical short signal when it goes below the Zero line. Further it is from zero the stronger the down trend
The indicator shows bitcoin price is gaining momentum if it keeps heading toward -100, & momentum is reducing if it is approaching the Zero mark.
Buy and Sell Trading Signals