SchamBTC

SchamBTC 163 views ・

This idea is to expand on my recent observations while trading Basis (spread) of futures contracts for XBT, and how recently Contango and Backwardation have been a good timing indicator for XBTUSD. For more detailed explanation, please check out my indicator script the XBT Contango Calculator in related link. Typically I have noticed that Futures...

SchamBTC 132 views ・

Just a simple observation of monthly BTC chart with RSI plotted with 12 month EMA. Monthly RSI/EMA cross doesn't seem to pick perfect bottoms/top, however it appears to show early confirmation at critical points in major trend change. I first noticed this cross in mid April 2019. At the time i was skeptical of the recent Bitcoin pop to the upside and this...