mortonpeak

trend reversal CONFIRMATION

Giá lên
COINBASE:BTCUSD   Bitcoin
as you can see, MACD reversal is clear. I like to set up Bollinger 200, MA 50, to catch buyable lows, then track when trends change. As you can see here, the bear decline is reversed. There are clearly buying forces at work, and we typically get a 30% gain under these conditions.

I am more interested in the HOLD, now that we may get a strong year, with good fundamentals and a lack of credible external forces prohibiting growth. Will write more on this

This document is for information and illustrative purposes only. It is not, and should not be regarded as “investment advice” or as a “recommendation” regarding a course of action, including without limitation as those terms are used in any applicable law or regulation. You will understand this comment as purely speculative, is done without compensation by you, and bears no accountability for the success of your investment actions.

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