DejaBrew

DBT MoMo Slow Line Finding Bottoms on Bitcoin

BITFINEX:BTCUSD   Bitcoin / U.S. Dollar
Part 2 of a quick look into the Slow MoMo Line.

Here we can see the Slow MoMo calling bottoms back in 2017 during the bull run. The highlighted areas are when the MoMo line was below -10. As you can see it does not stay below -10 for very long before finding the bottom.

This is less than half of what the MoMo offers and as you can see it is quite powerful.

 

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