Dagbit81

BTC/USD to $1800 with NVT Signal

Dagbit81 Updated   
BITFINEX:BTCUSD   Bitcoin
"NVT Signal (NVTS) is a derivative of NVT Ratio by Dimitry Kalichkin which provides more emphasis on predictive signaling ahead of price peaks.
NVTS = Network Value / 90d MA of Daily Transaction Value.
This differs from Standard NVT Ratio which is simply the Network Value divided by Daily Transaction Value, and then interpolated using forward/backward moving averages to create a smooth line. "

Oversold zone: under 50
Overbought zone: above 150

So, when NVT Signal will go to 40-45, price wil hit aprox $1800.
Comment:

On weekly NVT Signal shows that we already bottomed, but it can still go to 40-45 on daily until turns to green.

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