/biz/ - Business & Finance

>>13449779
Everything will be in a downtrend the next two months. Bitcoin will retrace exactly to the weekly 200, though 4,700 as a closer mean reversion pivot is reasonable as well.
>>13449794
Read books. Macro to micro and volatility illuminated by mark whistler.
>>13449796
Active downtrend. I don't recommend holding active downtrends.
>>13449755
>>13449797
All my indicators are derivatives of bollinger bands. Everything on that chart is just a bollinger band reading, albeit with very specific reasoning behind each setting.
>>13449806
You should have access to my google doc of resources yeah?
>>13449920
retrace to the weekly 200. Enter leveraged longs when there's sustained trend above the weekly 50 MA
>>13450152
Great question. Mean reversion conditions from the longest over expanded period IMPLY mean reversion to that mean, but that's actually not guaranteed. All the condition means is that it will trade laterally as defined by that period's 1.25 standard deviation as long as it's wave PM reading is above the 0.7 value. Traveling to the mean is just a biproduct of that lateral move. It's rare when it doesn't hit, but I got burned on that trade. chart related.
https://www.tradingview.com/x/XFfrJzKz/

look at the date pic related was made.

here