I Don’t Always Guppy but When I do, Bitcoin Just Flipped Bullish

The guppy is the most beautiful indicator in a traders toolbox. I enjoy watching as this collection of EMAs helps paint a clear picture of uptrends and downtrends.

Blue and green supper guppy means that there is a confirmed uptrend while red guppy shows a confirmed downtrend.

We haven’t seen the guppy flip bullish aka confirmed uptrend since the alt-season of 2018 in the crypto markets.

As of now, it’s a very bullish sign for bitcoin that the bottom “could” be in…. but we’ll want to wait and see for any future retests of $4200 or below.

Published at Wed, 10 Apr 2019 03:51:13 +0000

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