- 90-hour Moving Average
- Basic Candles Techniques
- Current Price and Volume
To clarify, I am long-term about CEXIO:BTCUSD but am looking to profit off of the waves that we're seeing now. My goal is not to identify the ultimate peak and the ultimate valley, but trade on strong indicators. This method has strongly outperformed the simple buy-and-sell as long as you are able to maintain some composure and trade only once when the MA crosses the price a bunch of times in a short period of time (see yesterday for what I mean).
Short-term, I'm short on CEXIO:BTCUSD because the price dropped well below the MA yesterday. Check my previous analysis, I exited my position and am holding fiat in preparation to buy back in.
I'll be keeping a running tally of trades that I recommend and tracking actual returns! So far, here are the trades following this strategy (sell rounded down to the nearest hundred to account for fees):
Trades by Segment: