Hi everyone,
When Pi Cycle bottom, which is a free indicator, cross up with 1 week candle and holdl support, there are great chances that the bottom is in.
As long as, red line hodl support we can see further upside price action. Even in 2019, when the price was rising for short time, red line showed danger as soon as the 1 week candle broke down and confirmed.
This cycle looks like 2015 cycle more than 2019 so $27.7k will be one important level to watch for next weeks.
Cheers!
When Pi Cycle bottom, which is a free indicator, cross up with 1 week candle and holdl support, there are great chances that the bottom is in.
As long as, red line hodl support we can see further upside price action. Even in 2019, when the price was rising for short time, red line showed danger as soon as the 1 week candle broke down and confirmed.
This cycle looks like 2015 cycle more than 2019 so $27.7k will be one important level to watch for next weeks.
Cheers!
