Most of the people try to make a bad position, really really bad position. because they don't notice to it:" sometimes, we have to rest". After last little up movement in BTC chart, most of the people started to find Up trend signals. Yes...There are some signal.But it is not to mean UP trend. For change of every trend, we have to remember essential condition. Time of Buy, Sell or Rest depends of signals ad charts of something that I want to see or find or connect. So,
1. There is long long Down Trend. We heard about good fundamental news. chart could break first powerful resistance but for change trend: We need to break Komo. It doesn't happen yet. It is important that charts make Higher high.
2. Line of Down komo wants to change but NOT now. It can be if charts target to powerful resistance.
3. concept of Rest is "there are some signal for BUY but not enough". you can buy anything but it is not Analysis or wisdom trader.
1. There is long long Down Trend. We heard about good fundamental news. chart could break first powerful resistance but for change trend: We need to break Komo. It doesn't happen yet. It is important that charts make Higher high.
2. Line of Down komo wants to change but NOT now. It can be if charts target to powerful resistance.
3. concept of Rest is "there are some signal for BUY but not enough". you can buy anything but it is not Analysis or wisdom trader.
Comment:
the Candle of 28 OCT 2019 covered last bull candle. So, Komo didn't cross. but in this moment Down trend more powerful than Up. But we have to rest Yet.