(Chart by TradingView)
Until around the end of March, the Binance alligator against Bitcoin kept falling to about 9,250 Satoshi. Then it started to come back ever faster.
Currently, the MACD (Moving Average Convergence Divergence) oscillator is in a bullish position and getting stronger. This indicates that the price of this asset that is rising is getting faster.
Meanwhile, the Stochastic RSI (Relative Strength Index) oscillator seems to be in overbought territory. This means that the market price of this asset is already above its intrinsic price.
At this point, we can see that the alligator's mouth is wide open to the upside. Will it continue to climb in search of prey?
Let's continue following this Binance alligator adventure with Bitcoin.