Price Action Close Below 25 MA | Bitcoin | BTC-USD | Moses Stock Analysis | AmibrokerAcademy.com

14 August, 2019

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Added to our study on Bitcoin analysis, charting recently, we show bitcoin and GMMA and Woodies CCI. Those whom have been the site will probably seem them. With the recent rate cut, and gold price up, many has been looking at alternative currency might be interested to study bitcoin for the possible future investment. Have fun!

BTC-USD Bitcoin Stock Charting

Study with GMMA and Woodies CCI, Bitcoin Stock chart, let see Bitcoin Chart with Bollinger Bands.

See chart, picture worth a thousand words.

In stead of just 2 standard deviation, we apply 1, and 3 as well. Can you see?

Now, price action close below 25 MA, 25 MA below 50 MA, and both 25, and 50 MA above 200 MA. There is no conclusive of very bull trend.

Manage your risk.

Trade with your eyes open.

August 14, 2019 Bitcoin and Bollinger Bands

Moses Stock Observation

AmiBrokerAcademy.com

Disclaimer

The above result is for illustration purpose. It is not meant to be used for buy or sell decision. We do not recommend any particular stocks. If particular stocks of such are mentioned, they are meant as demonstration of Amibroker as a powerful charting software and MACD. Amibroker can program to scan the stocks for buy and sell signals.

These are script generated signals. Not all scan results are shown here. The MACD signal should use with price action. Users must understand what MACD and price action are all about before using them. If necessary you should attend a course to learn more on Technical Analysis (TA) and Moving Average Convergence Divergence, MACD.

Once again, the website does not guarantee any results or investment return based on the information and instruction you have read here. It should be used as learning aids only and if you decide to trade real money, all trading decision should be your own.