A Brainstorm on BTC price movement in October
Updated
Hi
I remember seeing the 19.150 price a lot this month. So I drew a line and checked how the price of BTC moved in relation to 19.150.
It is interesting to see that here are 6 very profitable trades formed this price. 4 long trades and 2 short trades. All with very little stop loss.
I might just play around and update this idea if I find something interesting.
Thanks for checking!
I remember seeing the 19.150 price a lot this month. So I drew a line and checked how the price of BTC moved in relation to 19.150.
It is interesting to see that here are 6 very profitable trades formed this price. 4 long trades and 2 short trades. All with very little stop loss.
I might just play around and update this idea if I find something interesting.
Thanks for checking!
Note
It can be seen that the EMA 15, 30, 50, crossing is quite close to predicting when toopen the long trades. But it only seems to work on long entry.
Note
Back towards the line again.
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