rthomson

rthomson

So many on CT taking profit, exiting all markets, calling tops on $BTC, tethering, retiring, but what if? Bitcoin has done far wilder things than this little current parabola. Why not just trail a stop instead?

rthomson

Every time this bearish divergence between price and the Elliot Wave Oscillator has occurred in this past year it has led to a major cyclical downturn.

rthomson

Allows backtesting of different percentage Trailing Stops, with entries based on percentage based Trailing Buys. On 4hr, 1.5% trailing stop, and 1.9% trailing buy worked best. On Daily, 4.3% trailing stop, and 1.9% trailing buy worked best. This version is for Longs only. Will write a Short and Long version next.

rthomson

An analysis of the beginning of the last bull run and its trend change, by looking at major LSMA supports and resistances. We are now above all these LSMA again for the first time since then.

rthomson

Stoch RSI on OBV and KDJ on 12hr suggests a swing top. Fairly good accuracy when applied backwards.

rthomson

The current price is digging deep into the Bollinger Bands and last time it did that it signaled a wave upwards, and this time its far outside its Keltner Channels. The lowest it can go is 7000 which would be the outer range of the Bands, but this mornings algo dip struggled to find sellers to take it down as far as it aimed which was 7500, hence bouncing back up,...