Aroon is better than NVT for BTCUSD
If you have been following Bitcoin charting for a while you have probably heard of NVT . Traditionally NVT has been a good indicator when to buy and sell BTC . However, recently NVT has indicated that you should be selling BTC . On the flip side Aroon has us buying BTC . Over the years NVT and Aroon have been lock step when to buy and sell BTC . This is the first time where these indicators are telling us opposite of each other. Aroon says buy BTC we are in a Bull market. NVT says sell BTC we are in a Bear market.
Only time will tell but I believe Aroon is a better indicator than NVT . Fundamentally NVT should be a better indicator of the value of BTC , but, when it comes to markets and when people are involved sometimes fundamentals get thrown out the window. With Aroon the trend is your friend until the end.
According to Aroon we are in a Bull Market.
~Controllinghand
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