Does the Williams Alligator Have A Hold on Bitcoin?
It's a new week so we should take a look at the weekly chart to help us keep a clear and open mind concerning which direction Bitcoin might be heading next.
I'm made some modifications to the stock colors of my Williams Alligator by changing the color of the teeth to white and the lips to red. I have also shortened the offset of the jaw, lips and teeth to 2 and changed the lengths to my personal taste.
When the lips are on top it indicates that the Alligator is content with a full stomach brought on by higher prices. And when something spooks the Alligator or he just needs to slow his appetite from a steadily rising market he rolls over and tries to drag his prey to the bottom of the pond where he can drowned it before getting on to his next meal. Or so I've been led to believe.
Remember. This is not trading advice. Follow me if you wish, share it if you want and please engage the like button and add your comments below. Happy Trading.
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