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What does this BTC chart looks like? It's bullish to me!
Re-create the chart indicator on yours now, follow this:
Chart:
BTCUSD, 1-day timeframe, turn on Log Scale.
Indicators:
1) Add this: 2-Year MA Multiplier indicator. When the top has touched or very near, it shows the crypto market's top.
2) Add RSI, 1-week timeframe. Look at level 20, when bitcoin at it's bottom, RSI is about 20 or below.
3) Add WMA, 1-week timeframe, length at 324. Price drop below this line is a confirmation of the whole crypto market's bottom.
Just look at all three indicators, how can this not be bullish to you?? Still waiting for it to drop below 10k? I don't think so, but of course, it's still possible to drop till 0, i get it, whatever, I'm buying while everyone are still selling or shorting.
Chart:
BTCUSD, 1-day timeframe, turn on Log Scale.Indicators:
1) Add this: 2-Year MA Multiplier indicator. When the top has touched or very near, it shows the crypto market's top.
2) Add RSI, 1-week timeframe. Look at level 20, when bitcoin at it's bottom, RSI is about 20 or below.
3) Add WMA, 1-week timeframe, length at 324. Price drop below this line is a confirmation of the whole crypto market's bottom.
Just look at all three indicators, how can this not be bullish to you?? Still waiting for it to drop below 10k? I don't think so, but of course, it's still possible to drop till 0, i get it, whatever, I'm buying while everyone are still selling or shorting.
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