I want to go on the record with what I will be looking for in the future with Bitcoin BITFINEX:BTCUSD . I have been consistent in my thesis since October 2021 that the bullish cycle of cryptocurrencies was ending upon the failed breakouts of the All Time Highs. Since November I have called the crypto winter and expected it to last through 2023.
On an esoteric...
Buy Signals:
- Bullish Divergence BB%B
- Fibonacci Confluence matches div ( 3rd Fib cluster )
- Potentially bottomed in large channel
Other Signals
- Bollinger Band Squeeze ( potential large move in either direction )
- BBW all time high( existing trend is ending )
- Pending price action when price approaches the cloud.
Invalidation:
- Increased Volume and...
