May 28, 2019
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BTC-USD Bitcoin Charting
Study Bitcoin chart and MACD.
See chart, picture worth a thousand words.
Price Action returns to nine months high. See chart.
When price action goes lower for bitcoin, and MACD goes higher low, signal a change in trend direction. After three months, price action begin to rebounce.
However, if you have show hand at the high of the bitcoin. Can you hold your investment until now and see some light. Probably you can not. Especially those whom took a bank load to trade. Remember trading can be get you rich, but most of the time you just do not have such luck. Please never try to borrow money to trade. Trade within your means and not beyond.
Manage your risk and trade with your eyes open.
Now you understand why we have been using MACD indicator to scan, to do charting. As MACD is a leading indicator for reversal strategy.
Moses Stock Observation
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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.