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Andy_D
Oct 19, 2022 5:48 PM

BTC Bullish Divergence on Weekly Long

Bitcoin all time history indexINDEX

Description

Capitulation Sell Volume? Check
50/100 MA Cross? Check
Sentiment at all time lows? Check

My own custom indicator, Average Oscillator, is a combo calculation of volume+4 difference oscillators, averaged out.

It's indicating a bullish divergence. End of this month, as predicted long ago, will likely be a break to the upside.

Comment

Rally has begun :)

Comment

Haters gon' hate.. Upvember it is

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FTX going insolvent was not on my bingo cards.

Comment

Fake out, to false breakdown, and now back to test 25k..

This market is cruel :P
Comments
tl27
Do you understand what is happening right now in this world? That TA doesn't mean sh** if markets crashes and inflation gets higher and higher. Also DXY is very bullish right now..pushing prices down even more.
Ben_vouh
@tl27 true
Andy_D
@Ben_vouh,


Hanging Man on Weekly...
Ben_vouh
@Andy_D, week aint over yet.
Andy_D
Andy_D
@tl27, I do understand, and it's guys like you with sentiment like this that makes me bullish
scratchticket
@Andy_D, I agree. Thanks for posting up the divergences in this chart. Best,
Andy_D
@scratchticket, thank you for the support! :)
Andy_D
@tl27 @Ben_vouh 👀 still listening to headlines or listening to the charts ?
Andy_D
@tl27 🤷‍♂️
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