falonso

The boat is still going down before "moon"

Short
BNC:BLX   Bitcoin Liquid Index
Like mentioned in a comment on my previous published idea I have calculated four more signal dates one of which not so strong for October 18 or 19 and three stronger signals for October 23, November 1 and November 28. From there I sketched three different scenarios delimited by those dates. Another observation is that the longer it takes for the price to break up and a new uptrend to be confirmed (in green) the stronger the bullish momentum should be expected and the price should spike higher, delimited by the left ascending red triangle's hypotenuse. I feel strong about the price breaking down still below $5500 and settle above $4000, probably somewhere in the $4500's range, but let's see...
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.