I posted this idea roughly 60 bars ago, and a reminder came in my to-do list today.
My expectations were on the peak that it would take 60 bars or so to reach the low point.
Now we are there.
The Mayer multiple is low (0.6).
Cycle Top a while back (60 bars).
Fear and Greed in Fear.
What other signals could you need for a volatile asset like BTC?
Going long and hodl till late 2024/25, perhaps longer.
My expectations were on the peak that it would take 60 bars or so to reach the low point.
Now we are there.
The Mayer multiple is low (0.6).
Cycle Top a while back (60 bars).
Fear and Greed in Fear.
What other signals could you need for a volatile asset like BTC?
Going long and hodl till late 2024/25, perhaps longer.
Note
A buy from $22.5k is spectacular if you can get itNote
Note: the marker is at 23-05, +/- 5 days. I expect a little further drop before making the buy.
Trade active
He bought.Trade active
He bought more bagsNote
If drop below 20
K insta buy, spectacular deal
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.