Coppock Curve Weekly Study - Highly Reliable
The Coppock Curve on a week chart has produced only one false signal on BTC when you set the threshold to 50.
It is best used for finding a breakout after a long consolidation, so it's not surprising that the one bad trade it signaled was not after consolidation. It did find the breakout at the end of 2015 that led to the run to 20k.
Will be watching for a signal on this after BTC has gone flat for many months and it seems like people have forgotten about it. That could be the trade of a lifetime, especially if coupled with accumulating some alts that have been beaten into dust and have the potential to come back 100x.
In the mean time I am looking for a pump before it dumps to 1k or 2k, so I will probably have a short bias most of this year.
It is best used for finding a breakout after a long consolidation, so it's not surprising that the one bad trade it signaled was not after consolidation. It did find the breakout at the end of 2015 that led to the run to 20k.
Will be watching for a signal on this after BTC has gone flat for many months and it seems like people have forgotten about it. That could be the trade of a lifetime, especially if coupled with accumulating some alts that have been beaten into dust and have the potential to come back 100x.
In the mean time I am looking for a pump before it dumps to 1k or 2k, so I will probably have a short bias most of this year.
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