Bitcoin Monthly Time Frame
Hello,
Having this upside moment, thought that its good idea to look at the monthly time frames,
and one indicator that always it is flashing very accurate buy signals.
Zooming the chart out, we can easily spot that bitcoin it repeats specific cycles.
Honesty I am very cautious at the moment, simply because the economy and the news,
are not supporting possible similar cycle. But...really, who knows, when we are speaking
about bitcoin and cryptos.
The general picture is looking good, but i am waiting the moment that the capitulation
will flash an ending signal on the hash ribbon indicator and at the same moment a buy signal
by flashing the blue bubble. Until then, i am watching and waiting with patience.
Even if our analysis is for Bitcoin price action, I would like to mention two altcoins that already
flashed the buy signal based on Hash Ribbon.
Algorand and Lunc are two of them, from the list of altcoins I am watching.
Thats my view - Thats my opinion at the moment.
Thank you for reading my personal opinion.
Leave your comments below and click like if you agree with my idea.
I will really appreciate it and I wish you good luck with your personal choices.
Having this upside moment, thought that its good idea to look at the monthly time frames,
and one indicator that always it is flashing very accurate buy signals.
Zooming the chart out, we can easily spot that bitcoin it repeats specific cycles.
Honesty I am very cautious at the moment, simply because the economy and the news,
are not supporting possible similar cycle. But...really, who knows, when we are speaking
about bitcoin and cryptos.
The general picture is looking good, but i am waiting the moment that the capitulation
will flash an ending signal on the hash ribbon indicator and at the same moment a buy signal
by flashing the blue bubble. Until then, i am watching and waiting with patience.
Even if our analysis is for Bitcoin price action, I would like to mention two altcoins that already
flashed the buy signal based on Hash Ribbon.
Algorand and Lunc are two of them, from the list of altcoins I am watching.
Thats my view - Thats my opinion at the moment.
Thank you for reading my personal opinion.
Leave your comments below and click like if you agree with my idea.
I will really appreciate it and I wish you good luck with your personal choices.
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