Bitcoin "bear market" Flags and Pennants on the VDO indicator
Updated
The Volume Density Oscillator (VDO) is an incredible volume based macro top and bottom indicator for Bitcoin.
Throughout Bitcoin's history, the VDO has correctly and accurately signaled the top and bottom for every
macro Bitcoin cycle. See my previous "Idea" demonstrating and describing this indicator.
In this post, I wanted to demonstrate that the VDO also forms Flags and Pennants during each bear market cycle.
In the event that the first bear market signal, provided by the VDO, was not acted upon by the trader, flag and
pennant formations occur later in the bear market that present incredible shorting opportunities:
Thanks for viewing. Please leave comments or questions.
Throughout Bitcoin's history, the VDO has correctly and accurately signaled the top and bottom for every
macro Bitcoin cycle. See my previous "Idea" demonstrating and describing this indicator.
In this post, I wanted to demonstrate that the VDO also forms Flags and Pennants during each bear market cycle.
In the event that the first bear market signal, provided by the VDO, was not acted upon by the trader, flag and
pennant formations occur later in the bear market that present incredible shorting opportunities:
Thanks for viewing. Please leave comments or questions.
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