After about a month or so of indecisive action from bitcoin, by getting in at $51800 only to sell at a loss at $42152. Which was only the 5th loss in this trading system's history. 19 full trades since January 2013.
Bitcoin today is once again a buy. This should propel BTC to go to 6 Figures. Once we hit all time highs, it will leave Altcoins for dead.
Here are the rules once again
Price closes above 20MA but the 20MA must be in an upward direction or
(10) EMA over the (20) EMA (which ever comes 1st)
Stochastic RSI upward but at least 1 line not above 80 Cannot have 1 line above 80 for 2 days
MACD bullish Inputs changed Fast Length 8, Slow Length 26, Signal Smoothing 9
if all rules are met buy on the next 2day candle
Bitcoin today is once again a buy. This should propel BTC to go to 6 Figures. Once we hit all time highs, it will leave Altcoins for dead.
Here are the rules once again
Price closes above 20MA but the 20MA must be in an upward direction or
(10) EMA over the (20) EMA (which ever comes 1st)
Stochastic RSI upward but at least 1 line not above 80 Cannot have 1 line above 80 for 2 days
MACD bullish Inputs changed Fast Length 8, Slow Length 26, Signal Smoothing 9
if all rules are met buy on the next 2day candle
