RCBInvestments

Support Bands Indicator BTC

Long
COINBASE:BTCUSD   Bitcoin
My Support Bands indicator turn on Greener on the second band over the weekly chart when the 21EMA crosses the SMA 30 for a longer trend just this Week.
I've published a similar setup over the DIA and it worked pretty good, it turned green on the First week of October.
Only time will tell, maybe is time to look those Miners Stocks again.
Comment:
Back in Jan 21 I posted about my Support bands indicator. time is telling you, not me. My long term Band turned on, on that week, if the catalyst goes in force for BTC (more Illiquid Banks) Support Bands will expand and we could see BTC back to 50's sooner than you could think. Also we could see Gold stocks and BTC stocks going up like crazy, money running to safe. I thought I'd never see BTC and Gold going up together. Random thoughts tonight, Time will tell...

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