Hi traders!
As you know, BTC has made all time high not so far ago. That’s why we decided to tell you about one of the most powerful indicators that helps traders to recognize the market reverse after peaking. Well, today we’ll speak Pi Cycle Top Indicator.
The indicator consists of two Moving averages: 350DMA*2 and 111DMA. In fact, 350/111=3,153 which is really close to Pi=3,142. Probably, it demonstrates the cyclicality of Bitcoin. Moreover, it is confirmed by last 3 cycles of BTC market and all times the indicator gave a signal, trend reversed.
How to work with Pi Cycle indicator?
When the 111 moving average reaches the 350DMA*2 it means that BTC is on its peak and it’s time to quit the position.
However, we’d advice you to use it with other indicators and oscillators, to look for the trend reverse or continuation patterns and so on.
DISCLAMER: Information is provided only for educational purposes. Do your own study before taking any actions or decisions.
As you know, BTC has made all time high not so far ago. That’s why we decided to tell you about one of the most powerful indicators that helps traders to recognize the market reverse after peaking. Well, today we’ll speak Pi Cycle Top Indicator.
The indicator consists of two Moving averages: 350DMA*2 and 111DMA. In fact, 350/111=3,153 which is really close to Pi=3,142. Probably, it demonstrates the cyclicality of Bitcoin. Moreover, it is confirmed by last 3 cycles of BTC market and all times the indicator gave a signal, trend reversed.
How to work with Pi Cycle indicator?
When the 111 moving average reaches the 350DMA*2 it means that BTC is on its peak and it’s time to quit the position.
However, we’d advice you to use it with other indicators and oscillators, to look for the trend reverse or continuation patterns and so on.
DISCLAMER: Information is provided only for educational purposes. Do your own study before taking any actions or decisions.
Turn TradingView indicator & strategy alerts into automated trades on major crypto exchanges using no-code bots
Start free at skyrexio.com
Start free at skyrexio.com
Declinazione di responsabilità
Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.
Turn TradingView indicator & strategy alerts into automated trades on major crypto exchanges using no-code bots
Start free at skyrexio.com
Start free at skyrexio.com
Declinazione di responsabilità
Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.