xuanhaimmoer

Bitcoin analysis with trading system

BITFINEX:BTCUSD   Bitcoin
Hi guys, welcome back to XUANHAIMMOER analysis today I will introduce with all you 1 trading system in this post.

Note: This is my opinion and my viewpoint about the market right now.

The trading system I willing to tell you is combination of Ichimoku and DMI.

We just talk about signal for short entry in this post.

The needed conditions for short entry :

+ Price falling below cloud in Ichimoku
+ Conversion line cross down base line in Ichimoku
+ ADX cross up 20
+ DI- cross down DI+

So in the chart I give you 2 point that you can short entry in history.

So what about now: we are in below the cloud of Ichimoku and Conversion line may cross down Base line >>> bear market will happen

DMI also show bear is continuing

We may see the price come to lower support zone and consider buy in here. We are in big falling wedge pattern.

Good luck and LIKE for support author.

~~~ XUANHAIMMOER ~~~

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