Experimental review. Hi. There is a lot of debate going on on bitcoin dominance right now and I thought I wanted to get the most out of this picture. I came up with the idea to take the weekly Renko chart for parsing and leave almost all my usual indicators except EMA (it is not needed here). And VFI LF is also unnecessary. So what do we observe, besides a...
Hi. Another comment on signal compatibility. In EMA crossing a true death cross should be considered the crossing of EMA100/EMA200. This is usually always dangerous. Since the model situation I want to discuss is now occurring on the daily DXY, let us take it. 1. So there is a fresh death cross printed on January 6. 2. There is no crossing of EMA100/EMA200...
Put this in your watch very closely list, it's starting to look bullish. Let's hope it continues this way!
Hi everyone, Welcome to another Bitcoin update on the Monthly Chart! As usual, it's all pretty clear in the chart. I take a look at the MACD, Sqz Momentum Indicator and RSI on the Monthly chart. Assuming we are in a new BULL market (as of April/May 2019), here are some points to consider on the indicators: 1) A bearish MACD cross never happens when BTC is in a...