XBT / USD Weekly thoughts using 200MA
Posting now to track the price journey towards the end of this year and into next.
Curious to see if the 200MA and 200EMA will act again as support. Estimating very simply how it will trend.
Also the DMI is approaching a potential cross
I use the 14 day setting on RSI and DMI in this analysis. I have been using 7 in shorter time periods to allow for the 24 / 7 /365 nature of this market
Curious to see if the 200MA and 200EMA will act again as support. Estimating very simply how it will trend.
Also the DMI is approaching a potential cross
I use the 14 day setting on RSI and DMI in this analysis. I have been using 7 in shorter time periods to allow for the 24 / 7 /365 nature of this market
I post my trade ideas as a tool to check historical results and improve. Any comments, corrections or criticism are welcome. Progress not perfection.
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