Bitcoin produced only two days red, a bear-trap, and is now trading daily back above $107,000, an extremely bullish development. The range is still valid though, $100,000 – $110,000. The altcoins market bull market is confirmed and what Bitcoin is currently doing gives further strength to the bullish case and bias. Good morning my fellow Cryptocurrency trader, I hope you are having wonderful day. It will be only a matter of days before the entire altcoins market turns strongly bullish with major momentum.

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But this time around the upper-boundary is likely to break and the last ATH tested, a new all-time high is even possible and also highly probable which is what will propelled the altcoins to hit multi-year highs and some even new all-time highs. Then we will have a correction, the fourth wave followed by one final jump, the fifth wave. The start of the third wave started 22-June. Should go for 2-3 months. We can expect growth now. With each passing day, the Cryptocurrency market will continue to heat up. Choose wisely. Low risk vs high potential for reward. Aim high. Focus on the long-term. All through late 2025. The entire period will be bullish. We can expect growth long-term. Thanks a lot for your continued support. Only when the marketwide correction comes there will be a pause but many pairs will grow even at this point. Many pairs will move ahead. The 2025 bullish cycle started with the 7-April market low.

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How to read the Aroon chart? What is the best software for Aroon indicator trading? To read an Aroon chart, look for two lines, the Aroon Up and the Aroon Down. The Aroon Up line is a momentum indicator that measures bullish trends in the market, while the Aroon Down line is a measure of bearish trends. When both lines are close together, it indicates no clear trend in the asset. TrendSpider is by far the top software for trading and backtesting Aroon indicators; with point-and-click backtesting requiring no coding, it’s a game-changer!

Aroon produced a weak 24% average success rate versus a long-term buy-and-hold strategy.

Is the Aroon indicator good for trading? Our 12-year tests of the 30 Dow Jones Industrial Average stocks prove Aroon should be avoided. Our testing shows that the best setting for Aroon is 25 on an OHLC 5-minute chart which yields a 47% win rate. Aroon, on all other timeframes, underperformed the average stock market returns. No, our research shows that Aroon is a poor indicator on all timeframes from 1 minute to daily charts. What is the best setting for Aroon? Aroon produced a weak 24% average success rate versus a long-term buy-and-hold strategy. What indicators are better than Aroon?

Traders can use either of these signals to indicate entering or exiting a position. See the chart below for details on Aroon buy and sell signals. But the big question is whether the Aroon buy and sell signals are profitable, like the ROC indicator, or if the Aroon is another chart indicator that does not work, such as moving averages. These signal lines will be the basis of our testing of the Aroon indicator.