4 June 2021
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Correlation | Chainlink Crypto and Gold Correlation
Study Cryptocurrency like Chainlink and Gold correlation.
Remember a joke i made when I was in Beijing with a colleage. After I realize he trades stock. I ask him to consider commodity like Gold. But, I ask him to buy physical gold. I told him when the price become so cheap, just use the Gold bar as paper weight
Crypto Chainlink Price Action and Moving Averages:
LINK-USD Price Action and Moving Averages:
Price Action has closed below its Short time (20 period) moving average.
Short time (20) moving average is currently below mid-time (50), AND above long time (200) moving averages.
Manage risk is a key in trading. Trade carefully.
Moses Free Crypto and Commodity Charting
Moses Power Crypto and Commodity Charting
Official AmiBrokerAcademy.com Charting
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.
We learn from many past and present great traders. Kudo to these master.