Japanese Top Author AKUBI_FACTORY Predicted the Dump of ETHUSD 12 hours in advance, by using "9 Seasons Rainbow Multiple Time Frames Pattern" Indicator and traditional indicators: RSI and MACD.
Time Frame: 4H Percentage of Drop: 12% so far The signals: Overbought / Resistance (Yellow) in "9 Seasons Rainbow Multiple Time Frames Pattern" RSI: Divergence MACD: Divergence Trendlines
The benefit of using "9 Seasons Rainbow Multiple Time Frames Pattern" is it saves traders' time: Divergence of RSI and MACD in 12 time frames can be seen on the same chart straightforward. Especially when 6 or 9 assets are monitored, it may save up to 90% of your time.
For the details of Top Author AKUBI_FACTORY' prediction and analysis, please refer to his idea:
DISCLAIMER This is only a personal opinion and does NOT serve as investing NOR trading advice. Please make their own decisions, carefully assess risks and be responsible for your own investing and trading activities.
Very interesting analysis guys! Always love to see what others are coming up within the indicator space, fantastic! We're using something called the Martin Trend Trader and we're averaging .93% profit a day in the last 152 days and we're currently short. That drop was called perfectly and I'm sure you guys made a killing :)