Hello, in this analysis I want to show you how to sell and how to bougth Bitcoin in key zones usign indicator keys to study it.
Ok, this strategy it's called bought cheap and sell expensive usign the price action + RSI. So, in this scenario we have that Bitcoin it's far away from $10,000 USD to $19,000 USD. Now, the crypto-markets need a correction before to continue up. So, we are in weekly timeframe and I use the RSI and also I quit some configuration and I did a personalized my configuration to understand it to invest in long term in Bitcoin. So, I add this green and red line. all lines are horizontal in the RSI.. The green line it's a zone to bought and the red line it's a zone to bought. And also, I share you this with arrows. Now, this broken line it's any key to bought, but yes it's so consider it as support. Now, the strategy it's simple to invest in Bitcoin in long term. So, I add this red line touching the past RSI point in the past bull rally 2017
Looking this screenshoot, we have that when the RSI touch the red line, this it's a sell iniminent that how occur in the past and then, the RSI it's nos leading down to find down the green line, that's mean a bought. It's simple, using the price action, using any indicator like RSI. Now, in case when Bitcoin starting a bearish trend like 2018, so we have this sitution.
As Bitcoin broke down the green line, so that obviously the trend could be bearish and then, using some configuration as I share you, we could to have any alert of then.
Now, actualy we are in the selling zone. So, my reccomendation for you it's that we can to see some days of correction and then, we would need to still pending in two levels to bought. My 2 possible levels that Bitcoin could to down are the $16, 500 USD and $13,800 USD. So, in these zones are possible boughts!!!
So, I will going to update this par when Bitcoin touch these possibles correction wheter are $16,500 USD or $13,800 USD.
***My purpose it's to share and have any plan
Ok, this strategy it's called bought cheap and sell expensive usign the price action + RSI. So, in this scenario we have that Bitcoin it's far away from $10,000 USD to $19,000 USD. Now, the crypto-markets need a correction before to continue up. So, we are in weekly timeframe and I use the RSI and also I quit some configuration and I did a personalized my configuration to understand it to invest in long term in Bitcoin. So, I add this green and red line. all lines are horizontal in the RSI.. The green line it's a zone to bought and the red line it's a zone to bought. And also, I share you this with arrows. Now, this broken line it's any key to bought, but yes it's so consider it as support. Now, the strategy it's simple to invest in Bitcoin in long term. So, I add this red line touching the past RSI point in the past bull rally 2017
Looking this screenshoot, we have that when the RSI touch the red line, this it's a sell iniminent that how occur in the past and then, the RSI it's nos leading down to find down the green line, that's mean a bought. It's simple, using the price action, using any indicator like RSI. Now, in case when Bitcoin starting a bearish trend like 2018, so we have this sitution.
As Bitcoin broke down the green line, so that obviously the trend could be bearish and then, using some configuration as I share you, we could to have any alert of then.
Now, actualy we are in the selling zone. So, my reccomendation for you it's that we can to see some days of correction and then, we would need to still pending in two levels to bought. My 2 possible levels that Bitcoin could to down are the $16, 500 USD and $13,800 USD. So, in these zones are possible boughts!!!
So, I will going to update this par when Bitcoin touch these possibles correction wheter are $16,500 USD or $13,800 USD.
***My purpose it's to share and have any plan