Bixley

Respecting the Fibonacci Circle - Transitions

BNC:BLX   BraveNewCoin Liquid Index for Bitcoin
This is the BLX chart
Consistently through 1 - 1.618 a down move can be witnessed as price crosses into the next fib ring.
This is cool because it shows the power these tools have over price, and the power of analysis.

Current price has broken to the upside
Very bullish for BTC however I still recommend ETH (a lot of smart people behind it)
Bet I guess.



Some more analyses for BLX
Comment: breakout may act as a bulltrap, and continue the pattern of moving down along the fib rings.

Comments

nice.
so your target for btc ?
+1 Reply
Bixley martzouzou
@martzouzou, ~600k by 2041
+1 Reply
@Bixley, why not.
+2 Reply
Amazing layout Bixley
+1 Reply
Bixley TheSignalyst
@TheSignalyst, Thankyou :)
Reply
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