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Is it possible that the Pi Cycle indicator doesn't trigger? #CTMUsing the Pi Cycle Bitcoin High/Low indicator, I have a really rough estimate at whether the indicator may cross before the end of the year. Don't look for advice here, or science, or even well rounded Math - this is strictly an artistic look at whether price could cause the moving averages to cross. If you find the thought process entertaining, leave a like, and if you don't, share your own publication with me that explains your point of view. If you want more scientific analysis, search for jclcapital and #CTM on Twitter. They do much more cleverer work than me.
INDEX:BTCUSDLong
by NoCreditsLeft
12
CTM in descending triangle and thoughts on a breakoutDescending triangle pattern looks like being established, although I'd like to see three verifications of the pattern rather than the two we have here. I am considering the following three possibilities going forward... Option 1: Breakdown within triangle to 0.465 before resuming upward trend. Option 2: Breakdown out of triangle to 0.395 (top of 'GAP' and 200 day average) before resuming upward trend. Option 3: Breakdown out of triangle to 0.345 (effectively filling the 'GAP') before resuming upward trend. I have seen the GAP filling idea in operation before, but can't remember where. It will be interesting to see if that happens here.
ASX:CTMLong
by Mugginns