BTC Trading Tip...
An easy way to enter when BTC is about to run up and exit before it is about to drop...
What if there was an easy way to buy just before the run and sell just before the drop?
There is!
If you buy when BTC breaks the 52 number on the RSI to the upside and sell when BTC breaks it to the downside you could do just that!
Check this out:
(Source: https://twitter.com/Nebraskangooner/status/1560257265822744577/photo/1)
If you followed that pattern you would have done very well on bitcoin over the past several years...
Perhaps its a good idea to give it a try this time.
For longer time frames this works pretty. Even MACD crossover works nicely in long run.
The problem appears when we do it in short term haha..
Yep, also there were a couple of fake outs in there if you really zoom in as well...
Agreed but as compared to shorter time frames, longer time frames provide much reliable indications with lesser fake outs..
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Upvoted! Thank you for supporting witness @jswit.
Looks interesting, i always wondered how many read these charts.. will have to look into this thank you.
yes you would enjoy learning how to read charts alot, never to get bored because hella lot of things to learn!
Very good