I'm not a financial advisor, Don't buy or sell bass on what I'm saying... I do own some Bitcoin and I think it has a great future, this future may or may not be that great so PLEASE DO YOUR OWN HOMEWORK. THIS POST IS JUST FOR INFO ONLY...
I have recently posted a new and my 2nd attempt at a real indicator this last weekend...
It's called "The Complex"Red Line" vs Simple"White Line" Moving Average "Beta" the same basic idea as my 1st indicator but it looks at more moving averages.... it takes a couple of "SMA" with the "VWAP" and combines them in one white line on the chart... And my 1st real indicator is called "Hello VWAP"
I have been looking at the hour chart and it looks like Bitcoin is maybe changing direction soon, but look out for the wicks...
Out on the daily chart, it's still under the average... But this is where it starts to come out to play, at least for me... Just take a look at what happened over the last month or so... I'm using the two lines like one would use a 200 vs 50 days SMA... That being said, look out it looks like Bitcoin is going to fall over the next little bit...
Note if you want to chat about my indicator or just about anything that is related to trading overall, just send me a DM... Thanks for reading this post and happy trading!
I have recently posted a new and my 2nd attempt at a real indicator this last weekend...
It's called "The Complex"Red Line" vs Simple"White Line" Moving Average "Beta" the same basic idea as my 1st indicator but it looks at more moving averages.... it takes a couple of "SMA" with the "VWAP" and combines them in one white line on the chart... And my 1st real indicator is called "Hello VWAP"
I have been looking at the hour chart and it looks like Bitcoin is maybe changing direction soon, but look out for the wicks...
Out on the daily chart, it's still under the average... But this is where it starts to come out to play, at least for me... Just take a look at what happened over the last month or so... I'm using the two lines like one would use a 200 vs 50 days SMA... That being said, look out it looks like Bitcoin is going to fall over the next little bit...
Note if you want to chat about my indicator or just about anything that is related to trading overall, just send me a DM... Thanks for reading this post and happy trading!
