NOT a financial advice.
Long-term positional trade, expect several months to play out or 1-2 weeks to be stopped out
(not for the faint-hearted or those afraid of a little underwater snorkeling)
Weekly BB (20, close) - Coinbase BTC/USD
Successful breaches: (price went below the line and bounced)
Oct 2019 = 7296.44/7733.72 (-5.6% below)
Nov 2019 = 6526/6876.67 (-5.1% below)
Jun 2021 = 28800/30027.11 (-4.1% below)
Near-misses: (price almost touched the line and bounced)
Jun 2018 = 5777/5666.71 (1.9% above)
Sep 2019 = 7712.45/7654.79 (0.7% above)
Dec 2019 = 6430/6303 (2% above)
May 2021 = 30000/29443.06 (1.8% above)
Jun 2021 = 31004.95/30269.76 (2.4% above)
Epic fails: (price went far below the line):
Nov 2018 (6k "titanium support" breakdown)
Mar 2020 (Covid)
Win/Loss ratio: 8/2 = 4.0
Idea:
Long /w entry around 2% above lower weekly BB line (wait for weekly close)
Stop around -9% below entry or -7% below BB
BTCUSD
BTCUSDT
BTCUSD
XBTUSD
XBTUSD
Don't have FTX account yet? Register with my referral link for discounted fees -> ftx.com/
Long-term positional trade, expect several months to play out or 1-2 weeks to be stopped out
(not for the faint-hearted or those afraid of a little underwater snorkeling)
Weekly BB (20, close) - Coinbase BTC/USD
Successful breaches: (price went below the line and bounced)
Oct 2019 = 7296.44/7733.72 (-5.6% below)
Nov 2019 = 6526/6876.67 (-5.1% below)
Jun 2021 = 28800/30027.11 (-4.1% below)
Near-misses: (price almost touched the line and bounced)
Jun 2018 = 5777/5666.71 (1.9% above)
Sep 2019 = 7712.45/7654.79 (0.7% above)
Dec 2019 = 6430/6303 (2% above)
May 2021 = 30000/29443.06 (1.8% above)
Jun 2021 = 31004.95/30269.76 (2.4% above)
Epic fails: (price went far below the line):
Nov 2018 (6k "titanium support" breakdown)
Mar 2020 (Covid)
Win/Loss ratio: 8/2 = 4.0
Idea:
Long /w entry around 2% above lower weekly BB line (wait for weekly close)
Stop around -9% below entry or -7% below BB
BTCUSDBTCUSDTBTCUSDXBTUSDXBTUSDDon't have FTX account yet? Register with my referral link for discounted fees -> ftx.com/
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.