Maybe this chart helps new people who are starting with trading to see the overall Bitcoin price trend. I researched what the most common day-trading indicators are and wanted to share with you what these show with default settings. The most popular indicators are the , and ( ). The Moving Average wasn't mentioned as being the most popular, but I know it's a popular indicator, especially with the classic 50 day period.
Wednesday, December 3, 2014
Current price: $376
Four days later on Wednesday after publishing the volume shows more sellers. And the Stochastic has a bearish crossover. Last peak was $383. If you are trading Bitcoin these are early warning signals to consider selling. Still no breakout above $386.60 to enter the trade.