People are saying that buyers are drying up....but so are sellers.
Totally flat price action. Bitcoin is never flat unless it's bear market or accumulation time. I feel this is NOT a bear market as sellers are not willing to short further. Whales are not willing to sell current BTC in volume to create a further drop, because people are HODLing.
MACD - still bullish
MACD Platinum - looking to show sell, buy, sell at zero line which normally happens before a big move.
Wycoff Accumulation - very shallow on the daily view although negative (flips quickly to green when shallow red)
EMA Ribbon- shows flip may take a month but is around same time period as February 2019, before recent rally.
Gaussian channel- lines up with price looking to cross with rally in November/December (like usual best months).
Totally flat price action. Bitcoin is never flat unless it's bear market or accumulation time. I feel this is NOT a bear market as sellers are not willing to short further. Whales are not willing to sell current BTC in volume to create a further drop, because people are HODLing.
MACD - still bullish
MACD Platinum - looking to show sell, buy, sell at zero line which normally happens before a big move.
Wycoff Accumulation - very shallow on the daily view although negative (flips quickly to green when shallow red)
EMA Ribbon- shows flip may take a month but is around same time period as February 2019, before recent rally.
Gaussian channel- lines up with price looking to cross with rally in November/December (like usual best months).
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.