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Felix000

Take out ATH this week what does Stochastic reveal

Long
Bitcoin (BITFINEX:BTCUSD)  
Felix000 Updated   
BITFINEX:BTCUSD   Bitcoin
Technical Indicators Beyond Technical Analysis BTC BTCUSD Bitcoin (Cryptocurrency) crypto cryptocurrencies
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NOT ADVICE. DYOR.

The key is only a one hour bar over 95 on the Stochastic - no more. Then check back odds how performs in that week and next. CAVEAT: Short sample size based on 2020 statistics only.
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Still working on this but here are all the occasions this year when MA's were in a rising trend then for one day only STOCH hit over 95 and then price crashed below the low of the first bar of the week.
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Here's with MACD's included
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Here is one of my posts from Nov 22. Thought more likely to happen after ATH. NOT ADVICE. DYOR.
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Here are some of the years >9% drops
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