ChartArt
Long

"The market can stay irrational longer than you can stay solvent

BITFINEX:BTCUSD   Bitcoin / Dollar
332 3 2
I can't stand the pain anymore of the Bitcoin market not starting to buy until the MACD on the daily chart with default periods finally "turns green". As if there is no way to optimize the MACD period settings. Especially because Bitcoin is traded 24/7/365, unlike Wall Street stocks for which the MACD was developed for decades ago, which are traded only from Monday to Friday.

Quote from the title:
“The market can stay irrational longer than you can stay solvent.” - John Maynard Keynes

P.S. I don't claim these are the perfect MACD settings, but they help a trader to see the trend with a different perspective.

P.P.S. And here is a very fast setting:

snapshot
rivet.popper
2 years ago
Is this possible? http://www.fxpips.com/bitcoin-news-april-1-greek-pm-may-adopt-bitcoin-as-last-resort-as-aussie-treasury-sees-bitcoin-as-threat-to-its-tax-drive/

Or is it April Fool's?
Reply
Qiuness rivet.popper
2 years ago
seriously? ahahaha it's a joke
+1 Reply
MACD has long been the "go to" indicator for tricking people into poor trades in the bitcoin scene. To me, the "daily MACD turned green!" is a often good example of "buy the rumor, sell the news" type of situation. IMO Horizontal S/R is the ONLY reliable way to trade BTC.
+2 Reply
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