Trying to cram as much chart data in a screen with the TSI and stoch RSI. First chart is a daily chart with 1d tsi basic settings and 3d stoch RSI. Second chart is weekly with basic tsi and stoch. $xbtusd $btcusd $btc #bitcoin 
Sorry for the crappy charting, I'm doing this in between things at work and can't access full trading view website for some reason. I'm trying to see where we are right now in this bear market compared to the bear market of 2013-2017. Price peaked at 1136 in Nov. 2013.
Then a two year bear market followed through all the way to January 2017. And for more than 3 months, we have a maximum buy opportunity period, where averaging down between 150-300$ had the maximum reward. This is what we are looking for right now.
News barely pump price and people are quick to take profits. Even worse, the dumps on the bad news have been quite bad. So what am I looking for? Pretty much an extended bear market with a 2-3 month bottom. No idea how low we can go. I'm looking for similar patterns earlier.
Scenarios I have been considering ; like it or not, parabolic retracement idea from @PeterLBrandt - he has been talking about it for months. 80% retracement from the top. And @woonomic's bear market idea with his indicator. See his research on the subject.
Both indicate similar trend. The bear market could bring us down to 4k at a 80% retrace from the top. It's hard to conclude really, and trading wise, my execution/management is not top notch so my strategy would still be to average down to 4k spot and take some 2-3x longs
So, why the indicators? I'm looking for similar behavior after a top in 2013 or other analog moments.
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