Bitcoin long history with the MA100Hey, I got some stats for you.
So Bitcoin MA 100 got tested 38 times since 2010, and this happened:
* Clean bounce : 12 times
* The MA got passed, with little follow up (< 10%), the price stagnated, and then the price went back the other way: 9 times
* Break with follow up (immediate): 7 times
* MA break followed by rapid reversal (like bouncing on it but after passing throught it a bit > 10%): 3 times
* Break MA slighlty, stagnates, then continues: 3 times (case #26 in the screenshot is the 3rd time)
* Bounce, stagnates, breaks: 1 time
Here are all the times Bitcoin MA 100 got tested:
The 3 cases when the MA got slightly broken, then price stagnated, and then there was follow through, in 2 cases the price stagnated for a very long time on the opposite side of the MA before breaking it weakly.
So to sum up out of 38 times the 100MA got visited, the price broke it and stagnated 12 times, and out of these 12 times, only 3 were wins for traders buying the break.
Is this always the same? With other markets?
That seems logical. If a resistance gets broken, but there is no follow up the first few days, it would seem very unlikely anything happens. You need an initial snowball to grow a snowball bigger.
But I never backtested the MA100 or any moving average actually, that much. What do you think? The odds of going up are about 1 in 4?
1-BTC
Timing the BTC bottom with Murad, Vinzen & Tone V.MustStopMurad had this analysis where he suggested that the next BTC bottom would be around the 300 MA.
Tone Vays has for a long time compared MA crosses from 2014 with todays MA crosses for estimating how far into the bear market we currently are.
Yesterday when watching Tone Vays video with Vinzent and Willy Woo (first of the recent Thailand videos) Vinzen suggested with the Fib Time Zone (I believe) that the bottom would be between 2020-22. Combining the above two analysis’ which I attempted in the chart actually suggests the same a bottom around 2021 which I found interesting. Estimations of moving averages is drawn by hand so not sure how accurate this will be (and obviously these estimations are also just a predictions so could be completely inaccurate). Would still be very interesting to hear peoples thoughts on this anyways.
Best regards.
Bitcoin - How to ride this baby (Set-up) since 2014 using 20MAThe easy way to ride this baby. There aren't many set-ups like this to study. Work your strategy using 20MA by studying stats for each set up. Using my custom MACD (6, 13, Close, 31) I've boxed price where MACD in blue switches above zero through to where Signal Line does same. I've marked with vertical white line where MACD first switches above zero. That's all you need to do folks. Not Advice. DYOR.
Use moving average indicators to find short - termpWhen a wave of market into the horizontal consolidation, how to choose the next buy? I will give you a simple indicator today. The moving average is a common technical indicator used in tables. When many people start trading, the first thing they come into contact with is the moving average and K chart. The moving average is the average of the closing price of n days, and also the average cost of n days. Early investors all know the theory of reason and the galanz method, which are the tools to use the moving average for investment behavior. Although traditional, they work wonders in the digital currency market. As shown in figure, I set the ma12, and in this wave of market, the price obtained the obvious,, ma12 also showed a trend of obvious rise, after all line go flat, also is the first time we have underweight position, after some form, should be on average once again become warped, price placeholder line, is to make the average also become one of your support, hold prices up. Once the formation of a moving average pressure, is the signal to reduce the departure. Although this index is simple, but easy to operate, the disadvantage is poor sensitivity, not suitable for short - term trading, but the amplitude of the currency market, band trading profit is also very rich.
A Clear Idea Why BTCUSD is trading sideways these days.I cannot publish these ideas at a smaller resolution. But as you can see, these days, whenever BTC/USD rally above 3600, There would be a dump.
If you just open the chart at the 5min interval, the dump is more obvious.
Why would someone keep dumping BTC/USD at such a price, their motivation is unknown.
***This post is meant to be educational and not meant to be information to buy or sell.
BTC Obvious BartThis is the most obvious bart in all of bitcoin history. Dead volume, sudden spike in volume and price, then dead volume and slowly bleeding price with a curving down RSI. Really if you don't understand how this space is manipulated by whales and exchanges to liquidate both shorts and then longs, then you should move over to forex or something.
Speculation on the currency that a few moves - pull up after the
Horizontal dish is more awkward trend, how to deal with is a problem. We see this is the 2 hours of the BTC, Paula because one liter brought enough to adjust the power, then sideways concussion became a lack of opportunities, in fact, many people make the mistake, tend to be in the entry, because the pull to rise rapidly, causing a lot of people can not afford time to response, prices have soared, the first response is often dry, afraid to go, so I want to say this is understandable, because most retail is a one-way trade, can only make money to do more, empty means losing the opportunity. But please note, everything has rules, the market also is such, if you feel a wave of rising will not adjust, can only make money, chase high consider high position, if it is a long-term get rid of, at the bottom of the rise in 20-30% May really is the admission opportunity, but for a short period, 10% May be the prices high, so you have to judge whether their entry position will have profit. The other way is to give up the first wave of profits and capture the second wave, which is the zigzag operation introduced by Paul yesterday. Then judging the second wave of low, there are generally several, back to the position of more than half, will be better trend, if the gold level, so better, in short, pull up the trend after the strength of the bull will represent the strength. As for the above figure, we can see that in the 2-hour figure, the trend of BTC is sideways fluctuation, so the timing of intervention is generally higher before the breakthrough, so the safety of doing more is better, of course, some people like radical, so you must be prepared for losses, set stop loss is very critical. The aggressive approach is to form a bullish trend in key support positions. For example, after the gold line is clearly supported, the macd shows a golden cross. In this case, you can try to enter the market, but you must set a stop loss to avoid uncontrollable losses after breaking.
BTC, Volume tell u everything!!!human nature, they don't want to lose when trading.
we can analyze when they trade from volume. large volumes indicate mass transactions. we can use large volumes in the price range as support or resistance.
strong volume is more accurate in a full body candle not in the form of a doji. bullish volume as support otherwise bearish volume as resistance.
BTC Bull Flag - What to look for nextA look at some recent BTC impulse moves higher and subsequent price movement. I prefer bull flags that drift lower on lighter volume and then push higher on increased volume. However, ultimately the breakout volume and follow-through move is what's important. Box A is yesterday's move showing an ideal pullback level. Box B is the Dec 17th move which turned into a good multi-day run. Notice the volume. Box C is the failed breakout attempt in early January. How will this latest one turn out is yet to be seen but so far the volume signature is positive. Sitting tight for a another day will help cool off the technicals and let the EMAs catch up. After that, we'll want to see some volume on a push above 3700 and see prices hold above that level.
#bitcoin when to buy made easy. Not advice. D.Y.O.R.First thing you need is my custom MACD (6, 13, close, 31). Then just use signal line. Mark all first days up from a bottom with light blue vertical. Then set up RSI use default. Have marked with purple vertical when big drop in price touches lower green horizontal level. Only one allowed (I guess) between two light blue verticals. Once you done I looked for two fractals, the last being a lower low and boxed in orange. I then took the first light blue vertical after that, and the high of that day was the significant resistance to break with a close above it. Simple but deadly. Watch out for whipsaw. Not advice. DYOR.
Bitcoin Aims At $4350+ With Highest Volume Since Dec.Bitcoin finally decided which way to go, and that's the way of the bulls.
Please allow me to entertain you for a few minutes and let's look at some of the signals coming from the charts:
1) A strong green candle broke through EMA10, the main resistance to break to change from bear to bullish potential, supported by big volume.
2) Today Bitcoin is seeing its highest volume since December when it had its last bullish wave.
If this momentum is to be maintained by buyers, I expect Bitcoin to go as far high as its last peak, which sits at $4384.
3) The next challenge to break is EMA50 (magenta line), which held Bitcoins price on the way up.
Additional bullish action is expected.
Conditions for change: If BTCUSD price moves down and closes below EMA10. The above signals are invalidated and a new analysis is needed. Bitcoin would be back trending bearish-sideways if this scenario plays out.
What's your take on Bitcoin's next move?
Let us know in the comments section below... And before you go, let me share a message for your entertainment and fun.
GROWING LIGHT
Growing with light, within light is what we all are.
Growing in this life with light, as we experience our own great intelligence and might.
Growing light...
Growing in this life full of light.
Namaste.