Fool4Crypto

Bitcoin - Fast and Simple Trend Identifier - 2 indicators

Long
COINBASE:BTCUSD   Bitcoin
Using only these two indicators, we have isolated a quick and easy way to identify trends in Bitcoin. Sometimes, the price moves too far and too fast for this method. But as highlighted red boxes show, many developing trends are easily identified and easily entered. Still a work in progress but works very well thus far. Using it for primarily Bitcoin but seems to work well with everything. Can be used for quick in/out trades as well. Plus, there is also an effective way to use this setup to find good exits, but with a smaller time frame.
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.