Bitcoin - Weekly and Daily Buy Signal.

BITSTAMP:BTCUSD   Bitcoin / U.S. Dollar
The monthly is holding the line:

The weekly closed with a buy signal (main chart).

The daily closed with a buy signal:

I really thought we would dip below 8k, and there may still be a fake out below but I'm going long due to the signals.

The trading indicator is in the public library.
cheers :)
What do the blue crosses indicate on your indicator?
Vold316 akasstan
@akasstan, The blue crosses happen when the price goes strongly against the previous trend, and the price starts ranging between those extremes before breaking in some direction and start trending again. So, I use the blue lines as a range. Cheers.
Following with vested interest - good work !
+1 Reply
Vold316 Gnome73
@Gnome73, Thanks. :)
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