Borrowing for the P. Faders Crypto method, I am using the 100 EMA. After reviewing the charts life span up until this point in addition to the 100 EMA method I find that RSI hits between 25-30 (RSI @ 7) on high volume, in an uptrend correlates with accumulation.
Full credit here again to Faders method. They uses a 14/50 EMA with the 1 hour as a home base in FX. For digital he only uses a 100 EMA and volume with the 4 hour as a home base. He does also use LB coloured volume with supply/demand color inversion.. also borrowed and slightly modified for my eye.
Not part of the his method is RSI. Although not necessary I find it useful for alerts, divergences and general situational awareness. I have found RSI to be very powerful on the 15 minute especially in FX, when practicing supply/demand trading.
In crypto its serves as a powerful adjunct and alert system. Using the 4 hour you can very easily see the result when RSI breaks 25-30 on high volume.
PM if confused.
Full credit here again to Faders method. They uses a 14/50 EMA with the 1 hour as a home base in FX. For digital he only uses a 100 EMA and volume with the 4 hour as a home base. He does also use LB coloured volume with supply/demand color inversion.. also borrowed and slightly modified for my eye.
Not part of the his method is RSI. Although not necessary I find it useful for alerts, divergences and general situational awareness. I have found RSI to be very powerful on the 15 minute especially in FX, when practicing supply/demand trading.
In crypto its serves as a powerful adjunct and alert system. Using the 4 hour you can very easily see the result when RSI breaks 25-30 on high volume.
PM if confused.
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Comment:
"X" marks the spot!