This is my market mood indicator. Accurate determine the bottoms and top of cycles.
Based on this analysis on BLX chart and Monthly timeframe we can find something interesting
- Marked Monthly green zones.
- We never seen white color disbeliefe zones.
- Previews 3 times when we saw BLUE color it was a bottom (I was impressed how accurate it play out!!!)
- Now it looks like 2018-2019 period (green box-blue-green)
- So now no euphoria on market. Need to see yellow, orange and top will be again at extreme red
- Hard to say about timing but most likely we will test trendLine at 35-36 (maybe with fake out to 41)
- Then we will see yellow and orange color on indicator and drop to covid trendLines again 21-19 and continue move forward till 2025 March to extreme RED zones and end of cycle.
Hope you enjoyed the content I created, You can support with your likes and comments this idea so more people can watch!
✅Disclaimer: Please be aware of the risks involved in trading. This idea was made for educational purposes only not for financial Investment Purposes.
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✅Youtube- www.youtube.com/crypto4light
💰Join in tg channel - t.me/crypto4light
🐦Follow on Twitter - www.twitter.com/vladi4light
📊Max Discounts lnk.bio/discount4light