Hi guys, So in this video, I'm showing you two of my favourite bitcoin indicators that show that bitcoin is looking to start the next phase of the bull run and not enter into a capitulation event down 40% that people are calling for. These indicators are free to use on TradingView and are: - NVT signal line - Mayer Multiple Bands Nothing in this video is...
There are several NVT indicators/charts you can find online, but I find this one as one of the best out there to spot market sentiment, buy/sell zones. Simply put, green zones cover heavy capitulation 'oversold' conditions and hence offer a great risk : reward ratio. You'd be surprised how profitable a simple strategy like this can be. The only thing you need is...
Daily Graph NVT (Network Value to Transaction) indicator This indicator describes the relationship between volume of transfers and market capitalization. It is also described as the price/earnings ratio of cryptocurrencies. The calculation is done by dividing the network value by the daily volume. At the moment, we can verify an indefinite moment. A good...
The trend has obviously been up and bullish but the chance of a double top remains real until it has passed. There have been many times over my trading career where I did both a bullish and bearish scenario "just in case" and was biased in the wrong direction for my initial position. Sometimes I did a good job switching my trades and some times not. But really,...
It appears we have once again peaked on the NVT Signal indicator. As you can see by the 100% strike rate, we are nearing a top. Bitcoin's price, as of publishing, is within 10% of a new ATH. NVT Ratio was created as an alternative to the traditional P/E Ratio that stocks have. NVT Signal is a derivation of NVT Ratio, and performs better than its...
Hash rate: Bitcoin Hash Rate Indicator. Dominance: Bitcoin Dominance Oscillator (BTC.D RSI) CME Volume: CME Bitcoin Futures Volume NVT Signal: Network Value to Transactions (NVT) Signal with RMA Energy: Bitcoin Energy Value Oscillator
ABOUT DYNAMIC RANGE NVT SIGNAL NVT Signal (Credit: woobull.com) is akin to a "PE" ratio for Bitcoin, and can be used to identify when Bitcoin is overbought or oversold based on the relative value of transactions sent across the network. This indicator includes a 2 year moving average and standard deviation to identify outlier values, instead of declaring a static...
Bitcoin NVT Ratio, an indicator commonly used to time the tops and bottoms of Bitcoin "bubbles" has signaled a top is in, and during my analysis, I realized it never signaled a bottom was in during the December 2018 bottom. However, I am not sure what this means, as the creator of the indicator is bullish while the indicator suggests more bearish price action...
Hello fellow traders today i have a chart analysis that some of you have already thought of or seen. We have yet to see our bottom and while this bull rally has been pleasant for all who have been longing it, the bulls may be running out of steam. What's driving our rally is beyond me, possibly the trade war between the U.S. and China or manipulation due to the...
This is a snapshot of the NVT signal, following @TradingShot proposition of one more 25% upward movement for this rally.
So we've been following the NVT Signal with a bad call at $8000 when we expected the overbought NVT Signal trend line to be crossed. This BTC pump is on wall street steroids, meaning also that it is subject to traders taking benefits based on indicators. But let us remember that all rationality and information available is priced in within 15 minutes nowadays,...
Following the parabolic rise of BTC to 8300, we are in for a correction. The NVT Signal is showing Epic overbought proportions and the last rise was stopped by the NVT trendline. Next move is down to correct the overbought signal. What is your level for this correction ? 0.618 drop from top to 5260USD 0.69 drop from top to 4900USD ...?
Euphoria is in the air. Still the NVT Signal announces imminent correction. Was rejected trying to raise again after crossing the trend line and still holds in mid air before correcting to 0.618 Fib or lower. Thanks for your crowdsourced experience. What is your reference Chart of the moment for NVT Signal sens making ?
We have been made attentive to an epic overbought NVT Signal indicator. Depending on how you position the trend line, the NVT Signal is crossing the trend line, announcing the correction. Do you have a rational analysis that supports a rebound on the NVT trend line and another bull leg for BTC ?
Epic BTC Overbought NVT Signal - more aggressive correction than 7th December 2017 to come ? Thanks @Magic for pointing that signal to us. How do you think the major Alts will behave if this correction starts now ?
G'day friends! What a great time to be alive and knowing how to trade and capitalise on these volatile crypto currency movements. We are some of the chosen few! Chosen because we chose to master it. Getting right into it, Bitcoin is at stage 7 of 7 of the Cryptonite price cycle. Waterfalls in the next 48 hours or so. The NVT indicator has broken its upwards...