DFauvre

Trend Trading Bitcoin with my proprietary Indicator.

BITSTAMP:BTCUSD   Bitcoin
Using a proprietary trend indicator, which you can follow currently for free here on Bitcoin at: https://btrading.substack.com, I sold all of my Bitcoin around $60k...with confidence that Bitcoin was gong to fall....and fall it did.

How did I do that? Simple.

Red Arrow alert means the trend is now bearish.

Green arrow alert means the trend is now bullish.

I just trade the indicator I had built.

How does it work?

That's a proprietary secret, but if you look carefully at the chart, you'll notice something about the support zones (green) and resistance zones (red)....that might give you a hint!

When a candle closes above a red box, we have confirmation of a bullish trend.
When a candle closes below a green box, we have confirmation of a bearish trend.

I trade when the arrow appear, either buying, selling, going long or short, or taking profit.
Depends on what I'm using the indicator.

I had no idea how low Bitcoin would go when I got out, I don't care...

All I care about is knowing when to get back in. Simple. Green arrow. Done. Time to buy again.

Notice on the far left when it first signaled a bullish trend and how long until it signaled the end of that trend....that's over 300%.

What's next for Bitcoin?

God only knows. There's 100 of articles out daily all predicting this or that, but why does it matter?

It doesn't to me, price action never lies. So I follow the money, and that's seeing what price is telling me.

All arrows were created by the indicator when the candle they are above closed. Can't wait for the next green arrow!
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.