YellowRaincoat

200 Week Moving average buy in

YellowRaincoat Updated   
BITSTAMP:BTCUSD   Bitcoin
You will probably never get a more certain buy in range when buying below or on, the 200 week moving average. Since it started tracking in June 2015 its been a great indicator of a correction or bearmarket bottom. I will wait and see if the current draw down reaches the 200 week MA this year before building positions.

Comment:
$22,800 I bought back in, lets see if this was the correct trade.

I am following my own trading strategy, as all trading view users should.
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