November 23, 2018
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Bitcoin in US Dollars Daily Charting
We believe in Buy Low Sell High
In other words Buy Support Sell Resistance
Study Bitcoin chart.
Are you aware that when Bitcoin was at the peak near 19000 dollars, many people rush in. Many are new to the market. Most of them do not read chart, or understand what is charting software. So, very easily for them to buy high, and expected to sell higher. Especially when they see their friends laughing to the bank because they started bitcoin very much earlier.
You as a trader has to always remember to the TA rule, buy low sell high. Or buy support sell resistance. Of course this has never be an easy task.
Let cross check the Bitcoin with the MACD indicator, see chart.
MACD expected to close above zeroline but fail. So, you should expect something might happen.
Trade with your eyes open.
Manage your risk.
November 22, 2018 Bitcoin and MACD
November 22, 2018 Bitcoin and River and H M Gartley 222
if you can see the full chart, “press Ctrl and -” to zoom out and see the entire chart.
Moses US Stock Chart Analysis
AmiBrokerAcademy.com
Disclaimer
The above result is for illustration purpose. It is not meant to be used for buy or sell decision. We do not recommend any particular stocks. If particular stocks of such are mentioned, they are meant as demonstration of Amibroker as a powerful charting software and MACD. Amibroker can program to scan the stocks for buy and sell signals.
These are script generated signals. Not all scan results are shown here. The MACD signal should use with price action. Users must understand what MACD and price action are all about before using them. If necessary you should attend a course to learn more on Technical Analysis (TA) and Moving Average Convergence Divergence, MACD.
Once again, the website does not guarantee any results or investment return based on the information and instruction you have read here. It should be used as learning aids only and if you decide to trade real money, all trading decision should be your own.