The green lines on the indicators show the bottom of each cycle, and the blue line in the lower indicator is after the breaking of moving by the yellow line, and in the upper indicator, it is simultaneously rising from the zero line. Every time we moved up from the zero line in the upper indicator, we did not return to the bottom and we gradually prepared for the bull run, and in the lower indicator, it did not return to the historic bottom and it was a sign of a slow movement towards the ceiling of the cycle. Just be aware that a correction is still possible but this shows that we have seen the bottom of the cycle and we should be ready for a correction and then prepare for a bullrun as we approach the halving. Whenever the zero line in the above indicator is broken, it has historically been a support And the breaking of the blue line by the yellow line in the lower indicator has indicated the entry of upward movement, and the blue moving has accompanied the price as a support to the new historical high. You have to wait for the third collision with the blue line and then the main speed In the indicator below, you can see that after the blue trend line was broken by the yellow line, we returned to the blue line three times in each cycle, and after the last time, the main movement has started. Movements are marked with numbers in each cycle with arrows. And usually the last time and the last return is deeper than the previous ones Good luck
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.