Combination of multiple indicators successfully caught the #Bitcoin's bottoms.

Stochastic indicator %K 🔵 falling below 20 signals the possibility of a bottom. At the same time, it forms a support trendline ⚪️ along the lows of %K. It caught the bottoms in 2015 and 2019 and fell below 20 again in Nov 2022.

RSI MA 🟡 falling onto near 50 (mid channel) signals another possibility of a bottom. It also forms a support trendline ⚪️ along the lows. It caught the bottoms in 2015 and 2019 and fell on 50 again in Nov 2022.

OBV smoothing line 🟠 has behaved a bit late in bottom signaling, but it can confirm the true bottoms coming. It also forms a support trendline ⚪️ along the lows.

It confirmed the bottoms in 2016 and 2019. It now confirm the true bottoms has come in May 2023.

#ftx #usdr #avalanche #galxe #BinanceSquare $BTC