I have a few indicators that tell me whenever i should accumulate or distribute.
On the Weekly timeframe:
1. Does my Accumulation/Distribution band show Red or Green.
If Red:
2. Is RSI above 70 and RSI SMA above 50?
3. DISTRIBUTE
If Green:
2. Is RSI under 30 and RSI SMA under 50?
3. Is BTC price +- 80% down from ATH?
4. did 50 & 100 SMA Death cross happen?
5. ACCUMULATE
There is a few more things i take into account but this is the minimun needed that worked in the past and i believe will work again in the future.
For now i'm DCA'ing in slowly untill we see a Death cross on the 50 & 100 SMA AND/OR a drop to -80% from ATH.
If you have any questions feel free to contact me
On the Weekly timeframe:
1. Does my Accumulation/Distribution band show Red or Green.
If Red:
2. Is RSI above 70 and RSI SMA above 50?
3. DISTRIBUTE
If Green:
2. Is RSI under 30 and RSI SMA under 50?
3. Is BTC price +- 80% down from ATH?
4. did 50 & 100 SMA Death cross happen?
5. ACCUMULATE
There is a few more things i take into account but this is the minimun needed that worked in the past and i believe will work again in the future.
For now i'm DCA'ing in slowly untill we see a Death cross on the 50 & 100 SMA AND/OR a drop to -80% from ATH.
If you have any questions feel free to contact me
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.