FieryTrading

🔥 The Best Bitcoin Price Forecasting Tool: Conquer The Market!

Long
INDEX:BTCUSD   Bitcoin
Bitcoin has been trending up with time. Generally, Bitcoin has been following an increasing logarithmic path, as seen on the chart. I tried to build an indicator that can give traders an edge in discovering long-term trading opportunities.

The top red band has been calculated by plot the cycle tops against time, the bottom green band has been calculated by plotting cycle bottoms against time.
The yellow area is calculated as a function of the red period, which has historically proven to offer strong support/resistance.

Historically, buying in the green area has proen to be very profitable in the long-tern, especially if you managed to sell in the red areas.

Furthermore, this indicator can very clearly predict top- and bottom ranges, as well as the time it could happen. For example, if the BTC cycle top would be today, this model predicts that BTC will top somewhere between 102k - 147k.

You can find the indicator here:


🎯Official Channel: t.me/FieryTradingChannel

📈Try my Premium Signals for FREE - 80% Win-Rate: t.me/FT_Futures_free

✅Monster Signals: t.me/monster_cryptosignals

🔥Premium Signals: www.fierytrading.com
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.