Trying out some paper trades based on some basic strategy testing. Here's my thinking for the Bitcoin cash USD pair
April 26 bullish signals; - 3HH, 3HL since January 2021 - Watch for second green candle for double bottom to form - 20 EMA above 50 EMA - Candle april 23 touched 50 EMA. Two candles after that didn't, next candle green + close above that red candle
Bearish: - MACD200 is below 0, signals bearish trend
General: - Resistance between 1100 & 1200
TRY: - Buy based on macro uptrend & breakout patterns (flag near 20MA + clean break from 50 EMA) - 1% of portfolio. Set Stop just below the lowest wick of previous pullback at a little over 1 ATR. - R/R @1.41