ETH Trend

ETH price chart analysis on the Weekly time frame 2015-Current.

In line with my "Keep it simple stupid" philosophy, my trend analysis shows that when the 13 SMA crosses the 48 SMA , it is a notable occurrence, possibly indicating a change in trend upcoming. My buy or sell decision occurs when the red 48 SMA turns down (Bear) or up (Bull). This simple strategy shows me possible % gains if playing various long or short market equity instruments and entering/exiting the trade at or near these occurrences. Included is the 200 SMA line.

My method of trading this ticker would be to long or short 100% of my position at the 13/48 SMA crosses (with 48 pivoting up or down). This helps my probability of success and risk factor. Using this method, after 4 trades long and short, I could've possibly made approx. 36X gain on the upside since 2017, and an additional approx. 50% gain on the short side up until 2020. Then in long for a 10X gain until May 2022 or so. Currently I'm waiting for a new cross up to go long.

I could also add other indicators such as custom buy sell signals and or MACD , Stochastic, RSI , SAR to assist my decision making but the trend based idea keeps me grounded in the trade.

I generally use Heikin-Ashi candles for simplicity/clarity and also remove the wicks.

None of this should be interpreted as financial advice, I am not a professional or certified financial adviser! all charts, and or analysis' are my personal opinions and observations only!
CryptocurrencyETHTrend Analysis

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