@krupaiah
Bull propaganda: The bottom is in? š¤
Bitcoin bulls finally got a small spark. The Insilico leledc indicator flashed a buy signal on the 3-day chart š
This tool is an exhaustion counter similar to TD Sequential. It helps spot when a trend is getting weak, but you need real understanding of exhaustion frameworks to use it.
š During the last bear market in 2022 it printed a buy signal about six months before the actual bottom, then gave another confirmation closer to the real reversal.
š If you want to use this signal as a basis for a long, you have to be ready for that kind of early call again (after which we can easily drop another 15%).