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Bitcoin-gold

Bitcoin / Gold (1d) - Time for bounce?Dears, Bitcoin to Gold is currently at the support. And there is a potential chance to bounce. Why? Because: 1. Sell signal at RSI 14 was March 14. (7 days ago) 2. Primary sell signal at MACD was also March 14. (7 days ago) 3. Secondary sell signal ("bearish cross", confirmation) was already March 18. (3 days ago) And... Until today nothing happened. Today is decided move, hoever... to support line... If it hold - bullish. If it break - bearish continuation...
BITSTAMP:BTCUSD
by PawelHodurek
Using Comparisons as indicators?After sitting in on one of @scheplick live streams last night. It got me thinking about starting a discussion with the community on tools used outside of the conventional methods. Comparisons, or using other instruments to calculate/forecast other aspects of your trading. Sure we can use things like Interest rates or 30 year bonds, take a measure of curves in the Dow Jones. But what tools - pairs - crosses or instruments do you find interesting and why? In the crypto world - Bitcoin is changing the dynamic & I can't stress enough - it can't and will not keep moving up at 90-degrees. So how does it interact with the Dow, SPX or Gold? Be great to get your thoughts and opinions here on the topic. Share ideas, regardless of the tool, cross or instrument. See some examples below; Silver to the Dow Jones The Fed's Balance sheet - this is interesting in its own right. How about Gold to the Dow - take a look at the stochastic level Now overly gold as a comparison. Then you have the US500 (SPX) compared with Gold You can use this to get a multiplier of the neutral cash ratio Then overlay with the calculation Take a look at some crypto - Bitcoin & SPX Bitcoin to Gold And Bitcoin to the DJI (Dow Jones) As I said, it would be fascinating to get ideas & opinions - where you use crosses like this, why you find them interesting. Have a great weekend! Disclaimer This idea does not constitute as financial advice. It is for educational purposes only, our principle trader has over 20 years’ experience in stocks, ETF’s, and Forex. Hence each trade setup might have different hold times, entry or exit conditions, and will vary from the post/idea shared here. You can use the information from this post to make your own trading plan for the instrument discussed. Trading carries a risk; a high percentage of retail traders lose money. Please keep this in mind when entering any trade. Stay safe.
BITSTAMP:BTCUSD
by Mayfair_Ventures
6
Bitcoin : strong reversal after RSI hits oversoldBitcoin is consolidating further, bouncing between the 4hr bands, since it broke the RSI midline, expecting it to hit oversold before continuation upwards, therefore we can still make a lower low & build a divergence, which could initiate a strong reversal. Entering a long when price crosses over the blue 4hr scalpel line after RSI hits oversold + divergence could be ideal entry. Bitcoin is taking is slow, which is great for alts, many of whom have ignored BTC dump & continued to fly. We are entering the meat of alt season with BTC dominance continuing to fall. This is the promised land. Enjoy it.
BYBIT:BTCUSD.PLong
by Official_Bitcoin1
XAUUSD !! Is the downtrend starting? What do you think?Gold has entered the channel now its first target is 1845 and then 1833 Please push **LIKE** to support idea , thanks This post does not provide financial advice. It is for educational purposes only! You can use the information from the post to make your own trading plan for the market. But you must do your own research and use it as the priority. Trading is risky, and it is not suitable for everyone. Only you can be responsible for your trading.
OANDA:XAUUSDShort
by Wolf_of_Trading
65