B166ERcrypto

The NVT Has Flashed Red on the Weekly Bitcoin Chart

Long
KRAKEN:XBTUSD   XBT / USD
This indicator has been useful in the past because dumps often occur sometime after the NVT flashes red, the problem being it doesn't clue us in as to WHEN. The price can still pump much higher before a significant pullback, so be careful.

If the pullback is soonish then it's entirely possible the price drops and tests the Parabolic Adoption Curve in the 7K region. That's the lowest I see it going, with an extremely low probability that it will hit 6900.

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Peace, Love, & Crypto,
B166ER

Comments

Which NVT are you using? I dont see this one in the library
+1 Reply
B166ERcrypto jlouvierobv
@jlouvierobv, The original by gliderfund
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