Other Bitcoin Findings 1 Month
This post is an addition to the Bitcoin 1 Week post earlier today.
Indicators I still find problematic are the MACD on the 1 month chart which shows a downtrend until May. MACD is not as reliable as some of the indicators, but the projections are sometimes accurate. The bull moving average which is not shown on the chart did populate a buy signal, so a reversal is possible.
The Twiggs Money flow indicator is getting smaller and smaller, and that huge bull runs are decreasing over time.
Indicators I still find problematic are the MACD on the 1 month chart which shows a downtrend until May. MACD is not as reliable as some of the indicators, but the projections are sometimes accurate. The bull moving average which is not shown on the chart did populate a buy signal, so a reversal is possible.
The Twiggs Money flow indicator is getting smaller and smaller, and that huge bull runs are decreasing over time.
Avange-Lina
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.