On today's analysis, we talk about the alternate scenario if the weekly 200 MA is broken.
Mean reversion is in. Trend cannot continue until price action hits the 200 MA. Either price action will trend upward to meet price, or the mean will travel down to meet price through a lateral move. Ideal entry can be gained from a 20 period cci roll up.
I've layered into my positions, the retest of the weekly 200 is on its way!
More of the same, it's a quiet week for crypto as we wait for the retest of benchmarks.
Wonderfully interesting signals firing today despite being trapped in a lateral range. Looking forward to the retest of the weekly 200 MA.
Explaining some important institutional benchmarks here, how they operate and potential scenarios for Bitcoin's continued expansion or compression.
A crash pattern's end is accompanied by a period of reduced price volatility and volume on top of an institutional benchmark. We are seeing those symptoms in full force.
An excellent time to get some futures contracts open on BTC, the profit ratios here are insane.
We did it boys, bitcoin hit the bottom. Layer in those longs.
A very unexciting day.
A pleasant update on expected moves for bitcoin. A clean chart with solid alignment of expectations.
Another bearish break, lateral trading on the daily chart is implied for a long time.
Bitcoin has done nothing but trade laterally as defined by the most overexpanded period! Thanks for tuning in.
Here's the daily update for you folks. Bullish moves are implied at least for the short term.
The pivots are still respected. Happy scalping everyone.
You don't need my indicators to do what I'm doing here. Every indicator on my chart is a derivative of a Bollinger Band. I've been trading forex and crypto for several years now and would like to share some of my findings. Let me ask an important question. Would you ever expect to have a trading edge using the same strategy, default setting indicators, and...
I've drawn up a short guide on how to properly range trade Bitcoin For the upcoming 24 hours. Due to the compressing 110 period distribution, Price is very unlikely to continue a new trend before sufficient mass has been shed. As such, the most likely scenario, and the best way to trade this is to take shorts from the top edge of the band and longs from the bottom...
We've entered a period of short term compression. Bitcoin will stay inside of the relevant pivots until the 110 period mass reading compresses below the 0.7 value. To define the current overexpansion for bitcoin, load up the 110 period BB with a 1.25 standard deviation.