BTC chart still looking healthy with repetition of April,2018 market trend considering William's Alligator Indicator.
Ideally the Pink thread- represent the Alligators Teeth
While the Green thread- represent the Alligator's Lips
Then the Blue thread- represent the Alligator's Jaw.
Now, take a look at the green thread (Lips) crossing over the Pink thread (Teeth) the light green dot, that's an indicator that the Alligator is awake and ready to eat i.e. confirming a break out in a new direction.
Once the mouth of the Alligator is widely open like we have in the red box back then in April, we have a strong upward price trend confirmed.
Ideally the Pink thread- represent the Alligators Teeth
While the Green thread- represent the Alligator's Lips
Then the Blue thread- represent the Alligator's Jaw.
Now, take a look at the green thread (Lips) crossing over the Pink thread (Teeth) the light green dot, that's an indicator that the Alligator is awake and ready to eat i.e. confirming a break out in a new direction.
Once the mouth of the Alligator is widely open like we have in the red box back then in April, we have a strong upward price trend confirmed.