"NVT Signal (NVTS) is a derivative of NVT Ratio by Dimitry Kalichkin which provides more emphasis on predictive signaling ahead of price peaks.
NVTS = Network Value / 90d MA of Daily Transaction Value.
This differs from Standard NVT Ratio which is simply the Network Value divided by Daily Transaction Value, and then interpolated using forward/backward moving averages to create a smooth line. "
Oversold zone: under 50
Overbought zone: above 150
So, when NVT Signal will go to 40-45, price wil hit aprox $1800.
NVTS = Network Value / 90d MA of Daily Transaction Value.
This differs from Standard NVT Ratio which is simply the Network Value divided by Daily Transaction Value, and then interpolated using forward/backward moving averages to create a smooth line. "
Oversold zone: under 50
Overbought zone: above 150
So, when NVT Signal will go to 40-45, price wil hit aprox $1800.
Note
On weekly NVT Signal shows that we already bottomed, but it can still go to 40-45 on daily until turns to green.
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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.