Simple As Anything But Works - BTC Long

EMA 12 crossing over 26 indicates a long. EMA 26 crossing over 12 indicates a short.

EMA 12 just barely crossed over 26. I will personally buy more bitcoin once we get another confirmation on the daily candle.

Not financial advice, but just something I wanted to share.

Komentar:

Idea validated. I am in the trade. Volume also looks good, so I expect Bitcoin to go up for the next few days. If you want a shorter time frame, use the EMAs with the 4 hour chart. (EMA 12 has been over 26 on the 4 hour chart since August 15th.)

The next real bull run will come when a cross over happens on the weekly chart, so trade cautiously until then.

When the next weekly cross over happens, even idiots will make money. I am an idiot who studies. Hopefully by the next bull run, everyone who does their due diligence by educating themselves now will reap greater rewards than bandwagoners.

Stay safe, and good luck trading!