[UPDATE] Bitcoin Is Perfect For TA - The Proof
This is an update of my previous BTCUSD idea, which worked out quite well.
There's not much to say besides that I consider a long position at the previous lows (~18k). The downwards movement needs to be completed
and we want clear signals for a change in the secondary trend. I'm looking for Engulfing Patterns on the weekly & monthly or using the RSI & ADX to get a feeling for possible trend changes.
There's not much to say besides that I consider a long position at the previous lows (~18k). The downwards movement needs to be completed
and we want clear signals for a change in the secondary trend. I'm looking for Engulfing Patterns on the weekly & monthly or using the RSI & ADX to get a feeling for possible trend changes.
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Related publications
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.