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nsprph
Oct 5, 2022 8:19 PM

BTC long term - updated 

Bitcoin / U.S. dollarBitstamp

Description

Note to myself.

Don't have to look for the exact bottom

1. Buy the break of the RSI down trend line. ( red vertical line)
2. Buy the weekly close above 20 WMA after the break is confirmed. ( blue oval)
3. Buy the test of the black curve line ( green oval - happened after every major bottom) but after break if RSI down trend line is broken and a close above the 20 WMA.

Comment

2. buy the weekly close above 20 WMA after break is confirmed for RSI.
Comments
SwallowPremium
Thank you for sharing, I like your style!
nsprph
@SwallowPremium, Thank you, I try to keep simple and clean when possible.
Goldenbreakout
Nice WMA trend
nsprph
@Goldenbreakout, Thank you , but only if there is a break of the RSI down trend line. Before the RSI trend break price can get above the 20WMA and fail.
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