The risk value for the BTC top indicator is still only at 7.48. Major tops occur at over 10. So according to this indicator, a major top is still a good ways away.
That being said, now is a good time for BTC to cool off since several top indicators are nearing triggers including the coin value days destroyed and realized price extensions, the net unrealized profit and loss, and the plus directional movement indicators.
That being said, now is a good time for BTC to cool off since several top indicators are nearing triggers including the coin value days destroyed and realized price extensions, the net unrealized profit and loss, and the plus directional movement indicators.
Nota
The last note about BTC cooling off turned out to be a good call locally and the broader point of the risk still being not super high has worked out as well. Exención de responsabilidad
La información y las publicaciones que ofrecemos, no implican ni constituyen un asesoramiento financiero, ni de inversión, trading o cualquier otro tipo de consejo o recomendación emitida o respaldada por TradingView. Puede obtener información adicional en las Condiciones de uso.
Exención de responsabilidad
La información y las publicaciones que ofrecemos, no implican ni constituyen un asesoramiento financiero, ni de inversión, trading o cualquier otro tipo de consejo o recomendación emitida o respaldada por TradingView. Puede obtener información adicional en las Condiciones de uso.