StockSwinger

BTC GENIE-CYCLES & MOTREND: Beginning of a strong Trend

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BITSTAMP:BTCUSD   Bitcoin
The merging of the short and long cycle length Hurst Cycles in addition to the upswing of the Laguerre moving filter set to 40 days, make a long entry in the next couple a good entry point to capture the beginning of the next long term trend. As the Genie-Cycles indicator is projecting, (transparent bubbles on right of chart) expect a reversion period prior to next leg up. Bottom chart MOTREND is indicating the beginning of a new trend as well. Stiffness indicator on unbroken upswing. It is what it is until it isn't ;√)

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