The indicator used in the chart is Williams Alligator.
Every time the green line of Williams alligator crossed the blue and red line downwards, we entered a bear market. There were several bounces each time but BTC had to find its last line of support at 220MA.
This time we also have a bearish cross on the Williams indicator.
Let's wait and watch for now. I strongly believe, which is also shown in the last 2 ideas I published today, that we will have to visit 200MA by the end of this year before the next big rally.
I'm keeping my charts simple because this is the way I like it.
Every time the green line of Williams alligator crossed the blue and red line downwards, we entered a bear market. There were several bounces each time but BTC had to find its last line of support at 220MA.
This time we also have a bearish cross on the Williams indicator.
Let's wait and watch for now. I strongly believe, which is also shown in the last 2 ideas I published today, that we will have to visit 200MA by the end of this year before the next big rally.
I'm keeping my charts simple because this is the way I like it.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.