Bull Market Barrier

This is a very special band of long-term Bollinger Bands derived from Fib values, and is specifically made for Bitcoin .

It represents one of, if not the strongest dynamic resistance in the BTCUSD market, and divides the market into bull and bear cycles.

The BMB uses the BLX long-term data.

Release Notes

Fixed a bug caused by a typo that made the bull zone overlap with the barrier.

Release Notes

Fixed another bug not displaying the Range Center Bottom level correctly.

Release Notes

Preview chart adjusted

Release Notes

New release v2.0!
This version is optimized and now more accurate based on the Bitcoin price action of the past two years. It is also now colorized based on whether we are in a bull market or bear market environment.

Release Notes

Hotfix

Protected script

This script is published as closed-source. However, you can use it freely and without any limitations – learn more here.

FireflyTA

Crypto TA & FireflyTA indicator tutorials:

Twitter: twitter.com/FireflyTA
YouTube: youtube.com/channel/UC3Hxf0omt3dMqAxGQBnXJPA
Discord: t.co/Ky7gE7zfja
Twitch: twitch.tv/fireflyta

Also on:

Disclaimer

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.

Protected script

This script is published as closed-source. However, you can use it freely and without any limitations – learn more here.

FireflyTA

Crypto TA & FireflyTA indicator tutorials:

Twitter: twitter.com/FireflyTA
YouTube: youtube.com/channel/UC3Hxf0omt3dMqAxGQBnXJPA
Discord: t.co/Ky7gE7zfja
Twitch: twitch.tv/fireflyta

Also on: