Bitcoin has just confirmed a very rare, +30% buy signal
Welcome!
You think you got clickbaited don´t you? Don´t worry, let me show you the way to valhalla.
What we have is an extremely rare but also extremely bullish TA signal. The Ichimoku cloud. Not my favorite indicator as it flashes signals relatively rarely but when it does it´s time to pay attention, this one flashed this particular buy setup just for the 10th time in 6 YEARS.
Anyway, we are witnessing a TK cross above the Kumo on the 12h time-frame, which is a very strong buy signal. How strong? Did some past analyses and on average we got at least a 30% move after the signal has happened, even during bear markets. In bull runs, this signal produced rallies of more than 70%!
Past events are not indicative of future performance but if TA is anything to go off of we are looking at a pretty big upside for Bitcoin in the coming weeks and pullbacks are likely for buying.
Lastly, you´re welcome to follow me on Twitter, where I post much more in depth analyses:
twitter.com/mansasuma
Until next time.
You think you got clickbaited don´t you? Don´t worry, let me show you the way to valhalla.
What we have is an extremely rare but also extremely bullish TA signal. The Ichimoku cloud. Not my favorite indicator as it flashes signals relatively rarely but when it does it´s time to pay attention, this one flashed this particular buy setup just for the 10th time in 6 YEARS.
Anyway, we are witnessing a TK cross above the Kumo on the 12h time-frame, which is a very strong buy signal. How strong? Did some past analyses and on average we got at least a 30% move after the signal has happened, even during bear markets. In bull runs, this signal produced rallies of more than 70%!
Past events are not indicative of future performance but if TA is anything to go off of we are looking at a pretty big upside for Bitcoin in the coming weeks and pullbacks are likely for buying.
Lastly, you´re welcome to follow me on Twitter, where I post much more in depth analyses:
twitter.com/mansasuma
Until next time.