bitcoin
oddly no monthly sell signal so assume back up one day again, 5-6k range perhaps bottom??? .618 fib around 8k
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How do you get monthly signals (or not) off weekly charts?
Referencing GBTC (no bitcoin in my feed), I certainly have monthly sell signals.
referring to ema/scalper indicator, found this lately and seems to be fine compared to other ones that repaint and confusing. Obviously many monthly sells but just found it odd that the new indicator has not noted one even at the top, cannot see bitcoin being finished yet as the crash mania should push it back up to who knows. added it to the charts now
I distinguish LT vs VLT in my work. I can get a monthly sell signal even in a bull mkt.
But GBTC and BTC have had 50% haircuts here. So if I was in your shoes, I’d be looking for more sensitive monthly signals (mine on GBTC came in Dec near the highs on a bolly band escape). That or their meaning differs substantially from mine (entirely possible).
Just for comparison sake, I just got a MONTHLY sell signal on SPX (its via algorithm, so its not just one indicator or my choice of indicators). But in this context, I’m not calling a top. Just a tradable correction. No VLT sell signal yet.