TRXBTC - Breakout soon? TA on RSI/MACD/EMA only
Parameters:
EMA - 13, close (red line)
EMA - 48, close (blue circles)
RSI - 28 - reasoning for this is that lately I've been experimenting with 28RSI and it seems to fit my narrative of uptrending from a value of 50 RSI -> possible breakout
MACD (13, 28, close, 16) - reasoning for these values is to make it more "difficult" for the MACD to crossover, therefore making "false breakouts" unlikely to show on the indicator.
13EMA doing a crossover to the 48EMA, MACD crossing over soon, RSI crossing up from the value of 50 which is a bullish indication. Peiwo app is launched with TRX so TRX is now fundamentally sound.
Tronix's GitHub: github.com/tronprotocol
medium.com/@Tronfoun...inished-9fbcb49feb09
EMA - 13, close (red line)
EMA - 48, close (blue circles)
RSI - 28 - reasoning for this is that lately I've been experimenting with 28RSI and it seems to fit my narrative of uptrending from a value of 50 RSI -> possible breakout
MACD (13, 28, close, 16) - reasoning for these values is to make it more "difficult" for the MACD to crossover, therefore making "false breakouts" unlikely to show on the indicator.
13EMA doing a crossover to the 48EMA, MACD crossing over soon, RSI crossing up from the value of 50 which is a bullish indication. Peiwo app is launched with TRX so TRX is now fundamentally sound.
Tronix's GitHub: github.com/tronprotocol
medium.com/@Tronfoun...inished-9fbcb49feb09
My published indicators: www.tradingview.com/u/NeoButane/
Sorry if I haven't replied to your message yet, I'm a bit backlogged :)
Sorry if I haven't replied to your message yet, I'm a bit backlogged :)
Terribly sorry to any who got in above 485 sats on my word. I'm still holding from my initial buy in from these itchy fomo hands at 505. Safe hold for now, super important to set a stop loss in case you get ADA'd.
Loss prevention is best in these cases when you are buying before breakout confirmation. win some ya lose some