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.


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 :)
Home Stock Screener Forex Screener Crypto Screener Economic Calendar About Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter
Profile Profile Settings Account and Billing Referred friends Coins My Support Tickets Help Center Private Messages Chat Sign Out