crypto_nami

BTC ´line break` chart gives a hint for bullish continuation!

Long
BNC:BLX   Bitcoin Liquid Index
This is a `line break candles` chart.
_________________________________________

Sharp tops follow after parabolic uptrends.

-> They cause an extended correction.


- Round tops follow after healthy uptrends.

-> They cause a bullish follow through.

_________________________________________

For the first time in history the MFI indicator (which shows divergences to the RSI)

signals a `buy` on monthly BTC charts.
_________________________________________

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.