Using the True Strength Indicator we can view two prior periods of upward movements, one correlating with the top of the 'Gaussian Channel'
As the Price drops and the Gaussian channel approaches in this current price test, the True Strength Indicator (blue and white) can be seen to be moving towards a state of recovery
This is a good indication of a bottom point, which would be upon the top of the green channel (Gaussian Channel)
I am long LUNAUSD
As the Price drops and the Gaussian channel approaches in this current price test, the True Strength Indicator (blue and white) can be seen to be moving towards a state of recovery
This is a good indication of a bottom point, which would be upon the top of the green channel (Gaussian Channel)
I am long LUNAUSD