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IvanLabrie
Jun 24, 2018 4:03 PM

BLX: Monthly view, and initial 2013 top... Education

Bitcoin Liquid IndexBrave New Coin

Description

Very interesting how these trends panned out, with a more complete data set we can see that a target zone between 950 and 1850 was established as a potential topping zone well in advance while the price was close to $100...
Time @ mode analysis of multiple timeframes, using the system's rules would have let you ride most profitable segments of the trend and avoid drawdowns moving to cash efficiently when needed -or going short-.
I haven't included lower than weekly data but we also had multiple signals in the daily-3-day timeframe charts that would have given us additional details and precision. Adding in emotional signals/sentiment data, and fundamental analysis and factors, like key hidden levels of support and resistance from fundamental events, among others, the picture becomes even clearer.

Cheers,

Ivan Labrie.
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