Ultimate Bull Run Entry Signal

BNC:BLX   BraveNewCoin Liquid Index for Bitcoin
This is a quick down and dirty test you can use to tell if the next bull run is upon us, to minimize your risk and maximize your entry and reduce the time component. The chart shows six times the price action struggled against falling resistance on the log chart for at least 60 days with the rest being substantially longer. For all of the green examples the price action broke through the log resistance, retested the line as support and then the price action exploded and never returned to those levels. The red example is unique because it is the only example where the price action did not retest previous resistance as support. Most of these retests lead to parabolic advances afterwards.

Now if you go in leveraged 100x after you see this retest you could be blown the heck out as the price action retest the wedge slightly lower and wicked its way back up as a series of long legged dojis impoverish you. Recreating this chart on lower timeframes will make that clear to you. It should also be clear to you that BTCUSD isn't at this point yet. You can suppliant this chart with whatever other indicators you want to increase your certainty when the time us upon us and still be prepared based on the reality no trade set up is 100%

You can take this principle and back-test it on other cryptos with significant histories and price increases and decide which one you think is closes to breaking through log resistnace, retesting and exploding parabolically. I don't think it is BTCUSD .
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
HE עברית
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing Send feedback Ideas Published Followers Following Private Messages Chat Sign Out