OPEN-SOURCE SCRIPT

BTC > bull market support

Updated
Plots the natural log of the price divided by the 20w SMA and 21w EMA, color coded by the Bitcoin price (green if above, red if below). Use this when comparing Altcoins to Bitcoin's performance. Works in daily & weekly timeframes only!
Release Notes
Plots the natural log of the price divided by the 20w SMA and 21w EMA , color coded by the Bitcoin price (green if above, red if below). Use this when comparing Altcoins to Bitcoin's performance. Works in daily & weekly timeframes only!
Bullish PatternsmarketMoving AveragessmasupportTrend Analysis

Open-source script

In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in publication is governed by House rules. You can favorite it to use it on a chart.

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