BLX index -> log scale -> green little lines = supports never touched again after collapse from bull run.
If you connect the supports you can trace a log curve -> log curve = fair value line
fair value line -> add tollerance band up and down. Now you have a range. --> "fair value range".
Red box = days since price is out from "fair value range"
Green box = days since price is out from "fair value range" before a bubble peak price top.
Green box is 30-40 % the red box.
Bubble peak price of this bubble = 40k
Do your number.
Expected touching "fair value range" in may/july 2021 with a price range from 9k to 12k.
If you connect the supports you can trace a log curve -> log curve = fair value line
fair value line -> add tollerance band up and down. Now you have a range. --> "fair value range".
Red box = days since price is out from "fair value range"
Green box = days since price is out from "fair value range" before a bubble peak price top.
Green box is 30-40 % the red box.
Bubble peak price of this bubble = 40k
Do your number.
Expected touching "fair value range" in may/july 2021 with a price range from 9k to 12k.
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.