At the moment we are at 0.47 and this confirms the movement in place. Usually when the efficiency ratio reaches 0.7 and sometimes 0.8 the market top or bottom is close. I remind you that the efficiency ratio does not give any kind of directionality of the market but only the intensity of the movement.
The first strong long term is around 6500$, this support is obtained using my bitcoin price model v1.1 indicator. The fairprice line is close to 5000$.
Is t possible to get the KAMA 1.22 oscillator ?
Can't seem to find it.
Take care enky.