Bitcoin may be ready for a long position. It took quite a hit, but is finding support. Both Kovach Indicators are solidly bearish, registering the smack down but the Chande, being an oscillator, is starting to curve up suggesting some support and perhaps a retracement. There is a green triangle on the Kovach Reversals Indicator which supports this.
Join my discord at discord.io/quantguy
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.
Join my discord at discord.io/quantguy
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.