the blue/green line is crossing the purple dotted line. This is a sign representing a transitional phase between moving averages where the short line begins to cross over the patterns of longer time frames. I was looking at this today and though any indicator is never 100% accurate it is always better to see positive signs rather than no signs at all. Could this be the summer of crypto? A positive crypto summer unlike so many previous years? I'm well aware the second quarter just started and summer is not close by 3 months time.
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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.