I am using Coinbase COINBASE:BTCUSD for this study. The objective is basically to follow through on crosses of the 100 and 200 Simple Moving Average to see when the price can't sustain another cross. The minute chart is obviously going to provide the first cross which is an event that just happened on the chart above..... Logically, the next cross will be...
this descending hrly 200 sma seems like such a good long challenge point
A few loose brush lines on this BNB US Tether chart shows a possible HS forming with lots of recent action just around 12 and 13. My belief is that the Binance traders will keep this coin in this general range for awhile as the coin is mostly used for saving on the cost of trading and is valuable to that extent. Also, from that perspective, the coin becomes...
First attempt to post idea....will it work ? just discovered the "brush" which allows me to draw channels like this...take that run up to 20k out of the picture and this channel is pretty telling.... Wave after wave....some complete while others just bounce.....there as to be a way to exploit this successfully. Once i go to a smaller timeframe most of the "...