But they need to be used properly. For the strongest indication, you must change the default values.
- Set lengths as you would set Moving Averages
- not only show the MA, but also give you an idea about
- Great lengths are 14, 50, 100, 200 and 300
- Use 1st standard deviation instead of 2nd
When Bitcoin enters a major from below, it usually signalizes a BULL RUN.
When Bitcoin enters a major from above, it usually signalizes a BEAR RUN.
These are the Market Conditions 101.
The current bull run still has steam, but could lose momentum due to energy. With every step up, it is harder and harder to push the price more up. BTC /USD could be stopped by the 0.786 Fibonnaci Retracement, or by the Upper . Watch out for parabolic momentum, after which a retracement is due.
, custom indicators and and their derivatives were used in the . This is not a financial advice and you agree to take 100% responsibility.
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