Took the weeks in which 20MA decline ended. Marked with arrows when week high and low pierced H L range of first and last daily price bar of decline in MA. Can you discern a pattern. NOT ADVICE. DYOR.
From yesterday's post see yesterday's post for more detail
Using 20MA Bitcoin Shorts. When to buy. Looked for long drops in MA ending with double bottoms (27 & 29 Jan, 21 & 25 Otc) and studied those bars to draw interesting breakout levels. In this study a close above $8371.3 looks key for bulls, and below $7,426 for bears. But be careful this is based on today's low at the time of posting this chart having already been...
Using: Bollinger Bands Width; BTCUSD Shorts; & RSI
Box denote BTCUSD (20 MA) downtrend. Check stats. See what happens when bandwidth drops to end of box and vice versa. Also combine RSI
NOT ADVICE DYOR
Bitcoin / Dollar 2hrs GDAX chart is looking in to famous upcoming 2018 Spring/start of summer BULLTRAP.
MY PLAN and brainstorming at the same time is:
1. First of all always scale out at least a bit of your positions under the traders rule: SELL IN MAY AND WALK AWAY. Most of the times happen and this 2018 summer will be no different (my personal deadline is...
