Akickmonkey

A BTC Cycle Top Indicator

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BITFINEX:BTCUSD   Bitcoin
A BTC Cycle Top Indicator
1. Track when the green crossing the orange line
2. Yellow is halving date
3. Track when orange line begin to face up, the green line will slow close the gap in between, SELL before the the actuall cross
4. Use Fib 0.618 to 2.618 to track R/S.
5. BTC R/R for the 1st, 2nd, 3rd cycle is diminishing
6. 1st, get 1:40 R/R
7. 2nd, get 1:8(actual), 1:20(projected) R/R, because the May 19th shutdown break the Momentum
8. 3rd, get 1:10(projected)
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