Using past trends to help predict BTC reactions
Using past trends to help predict BTC reactions using ghost trends from the past. Not exactly TA but tends to work out sometimes as it simulates how this assets reacts to certain market conditions. BTC tends to mimic itself.
I am looking for a double bottom, that creates a bullish hidden divergence, a lower low in price, with a higher low in RSI on Sunday night USA time. I am looking to go long then, and ride it up to 60K by Wednesday.
if price continues to rise slowly instead then, I will short the double top when RSI bearish divergence comes to play at resistance.
I am looking for a double bottom, that creates a bullish hidden divergence, a lower low in price, with a higher low in RSI on Sunday night USA time. I am looking to go long then, and ride it up to 60K by Wednesday.
if price continues to rise slowly instead then, I will short the double top when RSI bearish divergence comes to play at resistance.
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