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Bitcoin golden ratio | Want to use this script on a chart? Indicator Overview The Golden Ratio Multiplier explores Bitcoin's adoption curve and market cycles to understand how price may behave on medium to long term time frames. Protected script. Author's instructions To access this script please subscribe at: www. You cannot view or modify its source code. As Bitcoin becomes adopted over time, it's market cycle highs hit decreasing Fibonacci sequence multiples of the DMA. Contact LookIntoBitcoin for more information, or follow the author's instructions below. |
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Can i store eth and btc in same wallet | If this decreasing Fibonacci sequence pattern continues to play out as it has done over the course of the past 9 years, then the next market cycle high will be when price is in the area of the DMA x3. Remove from favorite indicators Add to favorite indicators. These specific multiplications of the DMA have been very effective over time at picking out intracycle highs for Bitcoin price and also the major market cycle highs. The Golden Ratio Multiplier is an effective tool because it is able to demonstrate when the market is likely overstretched within the context of Bitcoin's adoption curve growth and market cycles. It is currently forecasting that the next potential resistance level is the x2 multiple red line. This script is published closed-source but you may use it freely. As Bitcoin becomes adopted over time, it's market cycle highs hit decreasing Fibonacci sequence multiples of the DMA. |
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The Golden Ratio Fibonacci Retracement Trading Stratgey Proven 100 Trades - Full ResultsBTC: Pricem1 ; DMAf1 ; Golden Ratio f2 ; f3 ; GR x2f4. The golden pocket represents a complete price reversal level for an asset and a very likely point of a slow or aggressive uptrend. Most traders assume this to. The Golden Ratio Multiplier live chart explores Bitcoin's adoption curve and market cycles to understand $BTC price behaviour.
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