DejaBrew

DBT Slow MoMo Finding Tops on Bitcoin

DejaBrew Updated   
BITMEX:XBTUSD.P   Bitcoin
Just a quick look at the DBT MoMo Slow Line (which is the overall trend) and its calls on the last five Bitcoin tops.

Each Sell signal was preceded by only a few candles, average of 6. Another thing to note is that it is calling tops much easier than bottoms due to it being a significant bear market. We can only guess how it will call bottoms in the bull market.
Comment:

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.