BTCUSD | Violation

Classic price-based ribbons are commonly used.
Their inversion signifies a bear market, while their normalization a bull one.

They are unfortunately very laggy.
In markets, it is trends that change first and then prices.
Therefore, a trend-based ribbon can prove a highly responsive and clear way to visualize market cycles. This trend-based ribbon can be used as a price centerline and as an indicator of market trends.

With this trend-based ribbon, the famous 1970s stagflation and the 2000s stagnation is clearly discernible.

Applying this indicator to Bitcoin, we realize the following.
We are entering a period o stagnation for Bitcoin. Its trend-ribbon has began inverting.
This has happened in 2015 and 2022.

Also notice the broader Crypto problems.

P.S. PineCoders have banned dozens of my indicators for violating "House Rules" I don't know which rule in specific, because many of them were open-source. Some of you may have briefly seen some of them before their demise.

The protagonist indicator of this idea, called Trend-Based Ribbon, got banned yesterday.

This idea is posted after following some useful guidance from PineCoders. In this fashion, I can analyze a chart and talk about it with you, while at the same time showing you the reaction of my indicators. I thank them for the workaround.

Feel free to ask for a private copy by commenting below. I will get to you ASAP.

Individual, you are convicted of multi-anti-civil violations. Implicit citizenship revoked, status: malignant

P.S. Again...
I got sick of having all of my work banned. I have been developing these indicators for hundreds of hours, only to see them locked for no explanation.

(They can't ban an idea now, can they?)

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The offer will be applicable until 2024-09-30.

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Talking about contraband...