Monthly analysis of BTC chart with my Trading Strategy Indicator:
1. The price is trending down (green dots).
2. The price is below the moving average, too far below.
In this timescale you should be short since the October 1st, because the price was starting to trend below the moving average moving down. Before that you should have been neutral since April 1st, because the uptrend (purple dots) was finally over.
1. The price is trending down (green dots).
2. The price is below the moving average, too far below.
In this timescale you should be short since the October 1st, because the price was starting to trend below the moving average moving down. Before that you should have been neutral since April 1st, because the uptrend (purple dots) was finally over.