Ok, this is not my own creation, I just took an indicator that I liked how it was made and then did some changes to suite what I wanted out of it.
But you should use this in log scale on bitcoin to see where bitcoin are in the long term.
The red zone is where it is getting a bit over heated and the green zone is where you want to stack up for the future.
Think of this indicator as something you look at when trading on a very long term time frame and finding a strong bottom that you can buy with confidence.
If you ever want to donate as a thank you for all the work I share:
USDT( TRC ): TVD3SBDF4wcCa5J4pDEQq7WgXkHyPMHuAL
BTC: 1M9yxwoGBiMebQktow8vQYV3J9EDAFwiYd
ETH (ERC20): 0xb392f5f58bd10de374736ac337cfd9635cd92d20
XRP: rEb8TK3gBgk5auZkwc6sHnwrGVJH8DuaLh
XRP MEMO: 102109716
paypal: michael.nyberg@gmail.com
But you should use this in log scale on bitcoin to see where bitcoin are in the long term.
The red zone is where it is getting a bit over heated and the green zone is where you want to stack up for the future.
Think of this indicator as something you look at when trading on a very long term time frame and finding a strong bottom that you can buy with confidence.
If you ever want to donate as a thank you for all the work I share:
USDT( TRC ): TVD3SBDF4wcCa5J4pDEQq7WgXkHyPMHuAL
BTC: 1M9yxwoGBiMebQktow8vQYV3J9EDAFwiYd
ETH (ERC20): 0xb392f5f58bd10de374736ac337cfd9635cd92d20
XRP: rEb8TK3gBgk5auZkwc6sHnwrGVJH8DuaLh
XRP MEMO: 102109716
paypal: michael.nyberg@gmail.com
Notes de version:
=)