This indicator is the Steve's NVT HV. It's a private indicator. It follows the HISTORICAL VOLATILATY and the NETWORK VALUE OF TRANSACTIONS. This indicator is 100% accurate on finding bitcoins major moves, both up and down.
The way it works is very simple, on the one week only...
The movement of the line is the volatility. once the volatility reduces to under the yellow line and then pops back up above it, it means volatility is coming, but you we don't know which way. The color say the direction. if it's white then prices plummet, if red then prices will go up. It doesn't' matter what color it is upon entry, on the the exit matters.
So, take a look at it 's historical accuracy
so it's saying that a big move is coming.. but where ? we don't have confirmation yet, but it will flash here in the next week or two. So we wait..
leave a comment if you are interested in this indicator, I can point you in the right direction.
Thanks for peeking, WeAreSatoshi
Comment
⋅
I will update new relevant information
Comment
⋅
The NVT HV has now come above the yellow line and it is red. It needs to close red at the end of the week to be official. Only a complete collapse will change that now.so, I don't expect it.