24 May 2021
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Bitcoin now becomes too expensive to trade. Market has since started many Bitcoin alternative. The following are the popular one, these Bitcoin alternative Cryptocurrencies are more affordable. How many of them are within your radar?
1. Ethereum (ETH)
2. Litecoin (LTC)
3. Cardano (ADA)
4. Polkadot (DOT)
5. Bitcoin Cash (BCH)
6. Stellar (XLM)
7. Chainlink
8. Binance Coin (BNB)
9. Tether (USDT)
10. Monero (XMR)
Let study the Bitcoin in last twelve months.
BTC-USD | Bitcoin price action and Fibonacci
Study Bitcoin price action Chart using Fibonacci Retracement.
Draw a swing low to high from a pullback. We see the price action after got supported at 50% level, but fail. Now price action is near the support. Will the price action rebounce after the support.
Secret to win in trading and taking low risk is to buy on pullback. Manage your risk.
Manage risk is the key.
Moses Free Bitcoin Charting
Moses Power Bitcoin 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.