BEST BITCOIN INDICATOR: WARNED US OF EVERY BIG BITCOIN CRASH
This Indicator Warned of big and small bitcoin & crypto crashes. Today I am going to show you how to build this indicator & how to use it!
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INSTRUCTIONS:
â—‹ BUY SIGNAL:
- 4 Week ROC crosses up through 0.
- Place Buy Stop Order above that Weekly Candles high
- If price action does not reach entry point by the time the ROC crosses back down through 0, buy Signal is deactivated & we wait for the next buy signal.
â—‹ SELL SIGNAL:
- 4 Week ROC Crosses down through 0
- Place Stop Loss Order Below the Low of that Weekly Candles low.
- If Price action does not reach Stop Loss & the next weekly Candle Prints a higher low, update your Stop loss to the low of the new weekly candle.
- Any buy Signal that occurs during this time is an invalid buy Signal because you are still in the position Updating your stop loss every week.
- Once you are stopped out, you wait for your next buy signal
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DISCLAIMER: I am not a professional investment advisor, nor do I claim to be. All my videos are for entertainment and educational purposes only. This is not trading advice. I am wrong all the time. Everything you watch on my channel is my opinion. Links included in this description might be affiliate links. If you purchase a product or service with the links that I provide I may receive a small commission. There is no additional charge to you! Thank you for supporting my channel :)
#Bitcoin #Crypto
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