nullcomplex

BTCUSD (added 280MA and 70MA for testing weeks vs weekdays)

nullcomplex Updated   
BITSTAMP:BTCUSD   Bitcoin
Added daily 280MA (was 200MA for five days a week, but BTC is traded seven days a week, so 40 weeks make 280 days) and 70MA (was 50MA for the same reason, I changed it to 70MA). You can see the price fluctuates between 280MA and 70MA starting from 16/01/18 to 29/03/18 then drops under and trying to recover now. We will probably have another unsuccessful attempt at 280MA fall back to the trend line and bounce from there. My idea is the same however MA's added for a more broad view.

I also have daily 50MA-200MA (more transparent with the same colors) for a comparison.
Comment:
I forgot to mention that death cross has not happened between 70MA and 280MA yet.

Related Ideas

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.