Bulls: Significant Long term bull trend Higher lows 10k psychological support Symmetrical triangle of Sorts Its Bitcoin!
Bears: Bear Div RSI Lower highs EMA Cross Head and shoulders top inside bigger head and shoulders top Medium term long term support is a lot lower Significant 20k psychological resistance
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We're trying!
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BTC Break out.. $16600 in sight. Will be intereting to see if we can break it - there will be a lot of stops / liquidations in the gap above. RSI is trying to break. Looks promising all round.
Would you mind making a post about how to read VPVR and the customazation of your moving exponentials?
Crypapi
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And also I wonder which indication is the strongest one for you to to enter a long position? I see your trades are very awesome, any tips for which indicators you belive is the stronest ones?
filbfilb
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@Crypapi, I use custom exponential moving averages to determine trend (Bull - Green / Bear - Purple) and Divergence (Bull - Bule / Bear - Red). OBV gives a good idea of the volume which is traditionally used as a leading indicator to price direction.
filbfilb
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@filbfilb, When trading i go +1 or -1 on positions when trend changes and operate trading entries seperately in time and weight fot the EMA and Divergence.