Greetings! Bitcoin looks like it is primed for a final leg of its parabolic move based on a series of indicators which would suggest that alts will be topping in the months afterwards. Log Growth Curves by quantadelic These curves were based on calculations made in October of 2019 and so far have done a really good job of informing users on price action. ...
TL:DR THE NEXT THREE MONTHS WILL BE CRAZY A couple of weeks ago I posted this screenshot as part of a larger post that will be in my linked post. During the last couple of weeks a lot of the daily or multi-daily YouTube crypto posters have gyrated all over the post over going long or short and I have been silent on BTC while posting bullish posts on other assets....
It appears we have once again peaked on the NVT Signal indicator. As you can see by the 100% strike rate, we are nearing a top. Bitcoin's price, as of publishing, is within 10% of a new ATH. NVT Ratio was created as an alternative to the traditional P/E Ratio that stocks have. NVT Signal is a derivation of NVT Ratio, and performs better than its...
Hash rate: Bitcoin Hash Rate Indicator. Dominance: Bitcoin Dominance Oscillator (BTC.D RSI) CME Volume: CME Bitcoin Futures Volume NVT Signal: Network Value to Transactions (NVT) Signal with RMA Energy: Bitcoin Energy Value Oscillator
Have we hit the bottom yet? Weekly 200MA which many people use point towards a double bottom test that we have had, yet other indicators which I believe are more useful in showing accumulation zones show that March's drop to 4k was not actually a second accumulation zone. You can check out this chart I have uploaded.... ibb.co CVDD and Balanced Price are really...
Just an idea pointing out similar scenarios in the past and where we can end up. We are at a key resistance level that was a major support during the 2018 bear market. NVT is used to speculate on tops and bottoms. When it flips red it signals a market-top following a big dump, but keep in mind it isn't accurate with regards to timing and can still have the...
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...
Bitcoin's NVT signal, which has done a decent job at indicating that the Bitcoin price may fall, has flashed red on the daily chart but not yet on the weekly chart. The NVT flashed red in April 2019 as well and Bitcoin continued to climb to 14K afterward before tumbling, so it's not great at signalling WHEN the price may fall. Also, it seems to be more powerful on...
I published an idea a while back stating that Aroon is a better indicator for Predicting Bitcoin (BTC) than NVT: It's been almost 6 months later and here are the results: On May 11th Aroon said buy BTC at $7200. NVT was telling you to sell BTC. Today Nov 1st BTC sits at ~$9100 Many are saying that BTC will crash soon and that might be true. However,...
If you have been following Bitcoin charting for a while you have probably heard of NVT. Traditionally NVT has been a good indicator when to buy and sell BTC. However, recently NVT has indicated that you should be selling BTC. On the flip side Aroon has us buying BTC. Over the years NVT and Aroon have been lock step when to buy and sell BTC. This is the first...
ABOUT DYNAMIC RANGE NVT SIGNAL NVT Signal (Credit: woobull.com) is akin to a "PE" ratio for Bitcoin, and can be used to identify when Bitcoin is overbought or oversold based on the relative value of transactions sent across the network. This indicator includes a 2 year moving average and standard deviation to identify outlier values, instead of declaring a static...
Hello everyone, my name is CombJelliesAreCool, lets get to brass tacks. Lets start off with the red and green curves i have surrounding the entirety of the price action for BTC, i started off with the first high and low back in Oct 2010 and connected the green curve with every subsequent rally high and connected my red curve with every subsequent rally low. Doing...
hi friends, today we have the opportunity to buy a little 10-20%, in the hope that the trend will stand! please remember that formally we are trading 8000-12000$ there is also a trading idea: when Hiking to 6000 (God forbid) if you are stuck in long to move from the Altcoin to btc.
Bitcoin NVT Ratio, an indicator commonly used to time the tops and bottoms of Bitcoin "bubbles" has signaled a top is in, and during my analysis, I realized it never signaled a bottom was in during the December 2018 bottom. However, I am not sure what this means, as the creator of the indicator is bullish while the indicator suggests more bearish price action...
Not a big fan of the NVT model as a price indicator, but still an interesting correlation ...
NVT has exited the OverBought condition after 3 months. And this event offers multiple layers for interpretation: The local top at $13k-$14k got confirmed by the NVT. Looking back in history, we see that after this event happened a severe correction was due along the next weeks/months, pushing price down between 50%-70% which would bring us into the $4k-7$k...
It seems bulls are exhausted, most indicators favour trend reversal.