Short indication 1 : colored directional movment index on the top of the chart is yelow which indicates non-existend trend and the arrow points down which is showing that the negative direction is stronger.
Short indication 2 : probability line as shown with bayes indicator is right at %50 level which is infact equilibrium of probable move up or down. But the slope is pointing down which could be indication of further move down. PS: Probablity line is calculated by taking on account BTCUSDT’s probable movements
Short indication 3 : WaveTrend is signaling sell even if it is not a strong one
Short indication 4 : Price Action below 20 period SMA
Short indication 5 : elliott wave could be forming WXY and Y not completed yet
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.