TOTAL Crypto Long-Term Trend Probability #1
This indicator transitioning to a bearish stance on the 2-day timeframe potentially signals a temporary pullback or risk-off sentiment in the crypto market.
It could imply that investors might adopt a cautious approach, possibly locking in profits or reducing exposure, especially if other confirming strategies/indicators align with this shift.
Given the long-term upward trajectory visible in the chart, this short-term bearish signal might represent a minor correction or consolidation phase rather than a reversal of the broader bullish trend.
It could imply that investors might adopt a cautious approach, possibly locking in profits or reducing exposure, especially if other confirming strategies/indicators align with this shift.
Given the long-term upward trajectory visible in the chart, this short-term bearish signal might represent a minor correction or consolidation phase rather than a reversal of the broader bullish trend.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.