No need to mention that the weekly chart is bullish but I will do it anyway We are well above all the emas, and the macd is still rising.
On the daily I like to use my special indicator (which is free) It's a double donchian channel with additional signals from the oscillators. Globaly we are still in the blue channel so that means we remain bullish.
Moving on to the 4H chart which is also interesting since will are back up on top of the 3 emas. I found that the 9500 level is an old resistance that got confirmed as a new support, a very bullish sign too.
Diving into the intraday chart to find an entry. I will simply be using a breakout of the previous day high as show below. I use a 2% trailing SL, the target is at 1550, which is the next level from the daily chart.
So I can set these bots up and they are completely automated and can return how much a month on BTC?
I'm interested for sure If I can make 25% on my money a month or more?
I'm using a script ATM moment that makes 300-500% a year on 5hr chart BTC
But the draw down is 20% and it only gets 50% of trades correct, can you beat this?
ICEKI
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I agreed with that, long for bullish is seem safer than short for bearish; thanks cyatophilum =D
I'm interested for sure If I can make 25% on my money a month or more?
I'm using a script ATM moment that makes 300-500% a year on 5hr chart BTC
But the draw down is 20% and it only gets 50% of trades correct, can you beat this?