BTC - determining trend
Determining trend for intra week trading.
I use 1h timeframe and 300/400/500 moving averages (grey).
If they are stacked and do not entangle too much the trend is defined and trading on 1h and lower timeframes should be done in the direction of the trend.
Otherwise it is better to stay away.
I use 1h timeframe and 300/400/500 moving averages (grey).
If they are stacked and do not entangle too much the trend is defined and trading on 1h and lower timeframes should be done in the direction of the trend.
Otherwise it is better to stay away.
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🗃️ Extensive analysis archives
📏 Chartopedia, with examples of applying ElliottWave to real world charts
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