djmorsey37

NVT Wookalich Ratio

Short
BITFINEX:BTCUSD   Bitcoin
As expected NVT broke channel support and BTCprice dropped, this channel started on june 22nd when NVT bottomed. I see lots of downside for BTC and am currently Bearish. NVT is at a range that is fairly overbought. Obviously should NVT turn upwards that would be Bullish, and would be trending in a bullish manor. which would be Very bullish. i 'm currently bearsih

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