BTC Magic Blue Line Breakout Possible
The magic blue line is what I like to call the 377ma with offset 233 bars in the future.
This line is major influence on all timeframes and is perfect for finding breakouts or rejections.
We are now breaking out after a daily buy signal and we are above that average for the first time since the dip from 40k.
I believe we will see a very quick and sudden parabolic move from here, or at least there is a good chance, based on how the magic blue line performs in the past. (When we pass below it from above its time to sell, when it passes above it from below, time to buy)
Lets see how this develops, but it looks pretty good. Top bollinger bands on the monthly are at around 47k from memory, but I have to check that.
Good luck trading it, Im long on various alts.
This line is major influence on all timeframes and is perfect for finding breakouts or rejections.
We are now breaking out after a daily buy signal and we are above that average for the first time since the dip from 40k.
I believe we will see a very quick and sudden parabolic move from here, or at least there is a good chance, based on how the magic blue line performs in the past. (When we pass below it from above its time to sell, when it passes above it from below, time to buy)
Lets see how this develops, but it looks pretty good. Top bollinger bands on the monthly are at around 47k from memory, but I have to check that.
Good luck trading it, Im long on various alts.
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