mortonpeak

A chart only a day trader could love

COINBASE:BTCUSD   Bitcoin
HODLers need not apply

Bottom of trend is totally breachable, so you need short-term tools to navigate this monster.

I am no longer using MACD/RIS to gauge bottoms, instead am employing:

EMA 34
Bollinger SMA 200 day
MA 50

These trend illustrate good buy points, and confirm trend shifts. I will publish more notes on this as we go.


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

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