BTC price chart analysis on the 3day/Weekly time frame 2015-2018. (Heikin-Ashi candles, wicks removed, LOG setting).
-My "Keep it simple stupid" philosophy
-When the13 SMA crosses the 48 SMA on, it is a notable occurrence, indicating possible trend change
-My buy or sell decision occurs when 48 SMA turns down or up (ideally both SMAs)
-For me, using 3Day charts normally yield larger gains than Weekly charts, however the 3Day is more volatile
IMPORTANT
-The crosses are for my awareness only, the 48MA must turn up or down for my buy/sell signal. Fake outs can occur
-Log setting allows me a smoother trend following
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 simple trend based method more than provides me with relatively "low risk" gains.
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!
-My "Keep it simple stupid" philosophy
-When the13 SMA crosses the 48 SMA on, it is a notable occurrence, indicating possible trend change
-My buy or sell decision occurs when 48 SMA turns down or up (ideally both SMAs)
-For me, using 3Day charts normally yield larger gains than Weekly charts, however the 3Day is more volatile
IMPORTANT
-The crosses are for my awareness only, the 48MA must turn up or down for my buy/sell signal. Fake outs can occur
-Log setting allows me a smoother trend following
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 simple trend based method more than provides me with relatively "low risk" gains.
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!