Bitcoin Weekend Fade

This indicator is a tool for setting a bias based on weekend price movements, with the assumption that the crypto market often experiences stronger moves over the weekend due to thinner order books. It helps identify potential fade opportunities, suggesting that price movements from Saturday and Sunday may reverse during the weekdays.

How to use:

Sets a bias based on weekend price action.

• Sets a bias based on weekend price action.
  
• Use weekday price action for confirmation before acting on the bias.
  
• Best suited for range-bound markets, where the price tends to revert to the mean.
  
• Avoid fading high-timeframe breakouts, as they often indicate strong trends.