mortonpeak

Buy Points, 50 and 200 day Moving Averages, collapsing BTC trend

COINBASE:BTCUSD   Bitcoin / U.S. Dollar

Overlays here: 50 and 200 day MA
Until this trend abates, best to wait for day time buys when outside the 200-day bollinger standard deviation, where high rates of divergence exist between 50 day MA.

Dialing back to 15 minute increments you can see the safety in buying at the lower standard deviation, can probably sit on this chart for the next day or so until this period abates.

But look at the solid buys taking place!



This document is for information and illustrative purposes only. It is not, and should not be regarded as “investment advice” or as a “recommendation” regarding a course of action, including without limitation as those terms are used in any applicable law or regulation.
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