MaxHodler

All my indicators converge towards a bullish reversal

Long
MaxHodler Mis à jour   
BNC:BLX   Bitcoin Liquid Index
Bitcoin course has just made a rebound on the MA 200 long-term trend.
This had not happened since 2015 (January to October) as my graph shows in logarithmic.
What at the time had signed the end of the bear market in 2014!

This trend reversal signal adds to those of my previous ideas.
To summarize all my ideas, there is a convergence of the following signals:

Rebond on MA 200 as in January 2015 (see the present idea)

+ ETEi: reversal figure during training (see the update of my idea of December 18, 2018)

+ RSI 14 <30 as on January 12, 2015 (see my idea of December 18, 2018)

+ Retracement of Fibonacci under 23.6% as on January 12, 2015 (see my idea of November 20, 2018)

+ Fractal "cup & handle": the speculative bubble of 2017 and its break-up of 2018 follow a path very similar to the 2013 bubble and its burst in 2014 (see my ideas of September and October more and more refined)

The entry point for "buy and hodl" seems to be the rebound to $ 3k
To extrapolate on the Altcoins of your choice (be careful, the more one targets the low marketcap, the more it is "high risk high rewards", it goes without saying)

And I want to remind him at the risk of drooling: if the story really comes to be repeated as in 2015, the next 9 ~ 10 months would be a relatively flat corridor, but who can "range trade" between 3000 and 6000 $, before knowing a real bullrun as in 2016-2017 that can lead us to new highs.

Happy New Year ;)

WARNING:
This is not an investment advice.
Only invest what you are willing to lose.
Do not listen to any "prophet", only rely on your own opinion.
Transaction en cours:
My idea shows that the rebound from December 15, 2018 to $ 3230 took place on the 200-day Mobile Average (MA 200), which in my opinion signaled the end of the bear market, bringing Bitcoin into a new phase of stabilization that could last about 9 months as in 2015.

I would add that this stabilization phase could be part of a relatively "safe" triangle (in blue below) between the MA 50 and the MA 200.

Indeed, throughout the year 2015, the MA 50 and 200 have gradually moved closer and it is when they touched that the Bitcoin course has finally been able to get out of the MA 50 and take its rise on the rise (bullrun)!

Let's hope that the story is repeated in 2019 with a contact of the two moving averages around August-September (around $ 5000) for a bullrun entry that can allow Bitcoin to find his ATH ($ 20K) a year later (around September 2020).


WARNING:
This is not an investment advice.
Only invest what you are willing to lose.
Do not listen to any "prophet", only rely on your own opinion.
Commentaire:
EVOLUTION OF MA 200 AS SUPPORT:

Commentaire:
Pump faster than expected in terms of timing in the first half of 2019, but eventually this resulted in a parabolic correction and a range that brings us back to the time on my 2013-2017 fractal!
Commentaire:
The idea is that we are only today in July 2017 (BTC @ $ 2,800) compared to the last bullrun of 2017 (ATH BTC @ $ 19,750)

Or another x7 on BTC (19750/2800) during this 1st half of 2021, like the 2nd half of 2017.

BTC 56,000 x 7 = $ 392,000 before June 2021.

I know, hard to believe. Especially when I released this analysis in December 2018.
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