OTM.Investments

BITCOIN still bleeding...

BNC:BLX   Bitcoin Liquid Index
*DON'T COMPLICATE YOUR TRADING! BUY THE SIGNALS WHEN THE SIGNALS ARE GIVEN.
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The probability overtime with this 1 indicator has clearly shown BEARS & BULLS at play while minimizing noise in the market.
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We have been bleeding all year long and now we are seeing very tight range.
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Many predict this could be the bottom but also many could be wrong.
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Earlier this year we had so many people predict the bottoms around april, they were wrong.
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We failed to gain but we broke short term resistance.
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You can scalp a bear market but there will always be more risk without buying pressure to the upside.
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If you focus on LARGE swing trading, you will beat the markets 90% of the time easily.
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This 1 tool clearly displays that.
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Profit the bull markets and reinvest the next bull market, don't blow your profits chasing.
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If you try to hard to predict, it could make you look like a fool.
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Trade with the wave and don't get too ahead of yourself.
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Buy Green
Sell Red
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it's mainly for swing trading, i use the 3 day / 15 day / monthly charts with it and it works perfectly,
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it works good for stocks and cryptocurrency.
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you will use heiken ashi chart style and turn on the EMA DOTS indicator.
once the indicator is on you will hide the heiken ashi so you only see the dots.
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when a green dot -7.17% -6.68% -7.44% -7.44% appears you buy, if a green dot -7.17% -6.68% -7.44% -7.44% appears after that green dot -7.17% -6.68% -7.44% -7.44% you hold your investment.
if a red dot appears you sell your position. easy as that.
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the standard dots setting will be set to 10 - use this for any chart above 3 days
change the dots setting to 6 for 3day charts and below
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shorter time frames will be choppy.
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larger time frames will be smooth.
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*Daytrading smaller timeframes is possible but not recommended.
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