BTC Delivered a buy signal on Monday.
BTC printed its lowest point on Friday, day 30, placing it in the early part of its timing band for a DCL. BTC should turn the 10 day MA lower in order to complete its DCL. However BTC formed a swing low on Saturday then delivered bullish follow through on Monday. BTC is currently in a daily uptrend. Forming a swing low and a closing back above the to day MA indicates a continuation of its daily uptrend and signals a cycle band buy signal — so we will label day 30 as the DCL.
Cycle Trading 
Leave a comment