There is a clear pattern for Bitcoin while still in the early investment stages of life. The large gaussian channel has never turned red which could indicate the Elliot wave is still valid, there is much more downside after relief rally or a relief rally isn't happening because the double top with 2 consecutive ATH recently happened. Check out the moments indicators.
- indicator 1) The standard deviation of the mean distribution within the Bollinger bands is squeezed.
- indicator 2) Before Bitcoin begins a new bull rally the mean distribution turns slightly red.
- indicator 3) The variance is now flat. Is this calm before the storm?
- indicator 4) The standard deviation of the skewness is flat. Is this calm before the storm?
- indicator 5) The kurtosis is negative.
Comment:
Comment:
Avange-Lina