The blue line is the ADS or the Advance Decline Line. This indicator basically indicates cycles and huge moves in the charts.
We broke this downtrend only 3 times in history
1) 2015
2) 2020
3) 2023
We broke this downtrend only 3 times in history
1) 2015
2) 2020
3) 2023
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.