Extremely Accurate Prediction of BTC Dump Using MarketLiberator
All credit for this indicator goes to @MarketLiberator, I got access to this tool yesterday and have already made my most accurate prediction yet.
(This post is not sponsored nor am I directly in contact with ML)
Using basic maths and MarketLiberator A/ B, I was able to predict the exact moment and depth of this BTC correction (thusfar, if I am wrong I will be deeply embarrassed, lol)
Here's how:
Last time the ribbons squeezed this much (white circles), BTC rose from 34k to 60k.
However, you will notice that before this, there were steep corrections each time, this allows the MA ribbons to converge and squeeze before exploding up.
The last time the ribbons began to squeeze this much, was just after a correction down from 40,000 to 29,000, or 27.5%
At the time of prediction, (23:43, 22 April 2021, GMT) BTC had suffered a downswing of 22% and the ribbons had begun to squeeze the same way as previously. Therefore, another 5% would bottom BTC off at roughly 47,000.
This, combined with a prior contention that BTC was in a bull trap, allowed me to predict that BTC would take another turn down of roughly 5% as of writing.
(This post is not sponsored nor am I directly in contact with ML)
Using basic maths and MarketLiberator A/ B, I was able to predict the exact moment and depth of this BTC correction (thusfar, if I am wrong I will be deeply embarrassed, lol)
Here's how:
Last time the ribbons squeezed this much (white circles), BTC rose from 34k to 60k.
However, you will notice that before this, there were steep corrections each time, this allows the MA ribbons to converge and squeeze before exploding up.
The last time the ribbons began to squeeze this much, was just after a correction down from 40,000 to 29,000, or 27.5%
At the time of prediction, (23:43, 22 April 2021, GMT) BTC had suffered a downswing of 22% and the ribbons had begun to squeeze the same way as previously. Therefore, another 5% would bottom BTC off at roughly 47,000.
This, combined with a prior contention that BTC was in a bull trap, allowed me to predict that BTC would take another turn down of roughly 5% as of writing.
Comment:
Would like to add that if you look at the 16th April, on the Market Liberator B (Bottom waves), you will see a red dot crudely circled. This was the sell indicator provided by ML, and look what followed.
Trade closed: target reached:
Ok so as of 26 April, this played out perfectly. BTC bottom was predicted within $16.
Comment:
Please ignore some of the lines, i forgot to remove them before publishing and some are nonsensical