Current condition of Bitcoin looks like a fractal to enter a new bull-run phase, as we can see since Sept 2020, Bitcoin have a long bull-run. Komodo TCM shows us that the trend is going up and up, entering strong bullish area (above 80), until this week there is a small turning point that might be indicating a weak or climax point. But we are still on strong...
Blue line of Komodo Trails look solid, this indicate the trend is strong enough to breakout fibo 0.382, and there is a signal to buy with Sideway Bullish indication. if the trend not strong enough to break fibo 0.382, it will hit the yellow line of Komodo Trails, which is strong support area. this might be it. buckle up. BINANCE:DOTUSDT
This is not...
There is two buy signals on Extreme Bullish point followed by a sell signal on overbought area.
then the next buy signal pop up, it says on Sideway bullish area. this indicate the weak bullish and probably after reached the highest high, it gonna pullback to strongest support area and continue the correction.
Buy signal on Extreme Bearish point occurs and confirmed with triangle breakout and going up to closest resistance (fib, 0.618), if breakout happens, it confirm gonna reach next fibonacci and rebound for a price correction. then continue the rally up.