BITCOIN Technical Analysis Jan 02 2024
BITCOIN Technical Analysis Jan 02, 2024 using Stochastic and Commodity Channel Index.
Welcome to Pete’s investing updates
in this strategy edition we will be talking about trading using the Commodity Channel Index Indicator with a weighted moving average, and applying a % Gain and Average Down approach.
#BITCOIN #ASX200 #sharetrading #averagedown #MovingAverage #CCI #CommodityChannelIndex #divergence
Become a PetesInvesting Patreon member with weekly scans on
https://www.patreon.com/petesinvesting
Don't forget...
First always remember to review petesinvesting channel playlists
Updated every weekend I look at the charts of some select blue chip shares as well as some key world sharemarket indices.
As always click on the SUBSCRIBE button as well as the NOTIFICATION bell and LIKE this video to support this channel.
If you want me to review an Index a share, a commodity or a FOREX pair, put it in the comments and I'll cover it in a future video
Things
to consider:
•We track and trade on a Daily chart since we want to back test and see results of trades back during the GFC as well as Covid effects.
•We track and back test Revenue over Drawdown requirements
(as a %) to optimize our returns with less exposure.
•Brokerage is included in our back testing. I use $8 per transaction each time we buy or sell. Revenue shown may change slightly depending on your brokerage costs.
•Our Back testing transacts with $2,000 per trade. ie everytime you purchase $2k worth of shares in the instrument you want to invest.
To increase Revenue (ie returns) simply increase this. But beware this will also increase your Drawdown, so ensure you factor in this with your money management strategy.
Lets get started
Remember...
Don't forget to subscribe / LIKE and hit the notification bell and review the PETESINVESTING channel playlists for further reference.
-
2:46
Petes Investing
5 months agoBITCOIN Technical Analysis Jan 15 2024
35 -
3:52
Petes Investing
5 months agoBITCOIN Technical Analysis Jan 10 2024
51 -
9:08
Candlestick Ninja TV
1 month ago🚀 Candlestick Ninja's 4/24/2024 8PM EST Top Down Bitcoin Technical Analysis Overview
222 -
12:46
SpitfireTraders
4 months agoBitcoin is going Parabolic, will it continue? Bitcoin Technical Analysis
14 -
6:25
Ultimate Trader
2 years agoBitcoin BTC Technical Analysis ETF Bullish?
11 -
19:22
SpitfireTraders
4 months agoHow to Day Trade a Range - Bitcoin Technical Analysis Update
23 -
3:49
Candlestick Ninja TV
3 months agoNinja Altcoin Technical Analysis: Bearish Outlook for STORJ | 3/15/2024
9 -
11:37
NewThoughtCrypto
6 months agoBitcoin - Technical Analysis, December 6th, 2023
2 -
10:40
LargePetrol
4 months agoBitcoin BTC â‚¿ - Smart Money Concepts Technical Analysis
19 -
23:45
Unleash your inner trader with Team NakedTrader!
5 months ago $0.01 earnedBitcoins last week in 2023 | NakedTrader
854