Ave Crypto! We who are about to get Liquidated Salute you!
Its my earnest hope that we all make it, brah. Looking at the weekly it looked like easy money, but this was pretty volatile and after several God Tier Trades Loki game by and made me broki, so I took some time away and just recently started trading in Ernest. This weekly snap gives us some relative marks of last summers bull run, which may overlap seasonally. Blue Circle is a 200 SMA bounce; different in 19 insofar that it dragged and in 20 it stabbed below and zoomed up. The purple arrows show us breaking the midline of the Bollinger Band, which we pushed up for 8 weeks. It took approx 5 weeks from the midline break to really start pushing up, so don't be surprised if we languish a bit.
The Stoch RSI time bar starts at the 60-65 range to get a feel where we are now.
Being that I am but a humble tradingview member, I can only have 3 indicators per chart.
This chart has the Hash Ribbons below, which uses some calculation to track when miners are capitulating and calculating good buy zones. While this is not advice, I can't help but notice what the price does (long term) after the buy signal. The red bar is a halvening.
I am a caveman level trader. I wait for the Heikin Ahsi candles to turn color, start paining flat bottoms and then I enter, and hope for a long trend. My biggest weaknesses are setting targets to get out on purpose.
The anticipation is that post-havlvening we will have a strong trend like 2017 and my strategy of getting out no later than when the daily green candle turns red, or hits my stop loss at the bottom of the previous day's HA open.
Its my earnest hope that we all make it, brah. Looking at the weekly it looked like easy money, but this was pretty volatile and after several God Tier Trades Loki game by and made me broki, so I took some time away and just recently started trading in Ernest. This weekly snap gives us some relative marks of last summers bull run, which may overlap seasonally. Blue Circle is a 200 SMA bounce; different in 19 insofar that it dragged and in 20 it stabbed below and zoomed up. The purple arrows show us breaking the midline of the Bollinger Band, which we pushed up for 8 weeks. It took approx 5 weeks from the midline break to really start pushing up, so don't be surprised if we languish a bit.
The Stoch RSI time bar starts at the 60-65 range to get a feel where we are now.
Being that I am but a humble tradingview member, I can only have 3 indicators per chart.