Defining whether the market is in a bullish or bearish trend at any given moment is relatively easy. but the ability to determine when a trend will revert is a completely different science. Of course there are a number of technical analysis principles and trading indicators that help do that on a micro level, but defining when the macro trend will change is a...
Here's an idea. *Not financial advice. BTC is coiled up for a breakout and the market is percolating with anticipation. Unfortunately for the bulls, thus far every attempted breakout seems to be a fakeout back to the downside. Trying to figure out what is causing this, and also curious why all of the local support ranges seem to be in roughly the same size...
My Trend Precognition indicator is giving early signs of a bearish trend change for COINBASE:BTCUSD ever since it called the bottom perfectly.
See previous idea:
The A2+ algo is giving a 35% probability of a bearish trend change (30% is the minimum to trigger a signal, but needs weekly close for confirmation), the A1 algo is also about to cross bearish, and...
