View my profit and investment portfolio details. Follow for investment tips. The dominance of Bitcoin indicates that the bear market is almost over for Altcoins!
Today we will review BTC.D, this chart is quite annoying, but it is finally approaching its reversal point.
Let's consider the weekly time frame. Here we can see 3 red dots on the Bullish/Bearish Reversal Indicator [Skyrexio].
Now we will try to learn how to filter out false signals. The first dot forms on a very weak bar with no angle to the Alligator.
We cannot use this one. The next bar is great, but it's just wave 3. The best signal is the last one. We have an angle, a bearish divergence with AO, and a potential wave 5.