Bitcoin Directional Movement indicator.
Directional Movement Indicator is historically very reliable for clues on trend direction.
I separated the indicator into two parts down below to make it easier to view.
Currently the indicator shows us in bearish/neutral territory.
Long term it's showing extremely bullish trend.
More notes in the chart:
I separated the indicator into two parts down below to make it easier to view.
Currently the indicator shows us in bearish/neutral territory.
Long term it's showing extremely bullish trend.
More notes in the chart: