Hey traders! Let's talk about a cool system that spots potential trend changes in crypto. It's all about using data to make smarter trades. Why use computers for trading? Simple - it takes the feels out of it. Markets can be crazy, and we humans sometimes make dumb choices when we're scared or greedy. But a computer? It just follows the rules we give it. This system is all about spotting trends. Knowing which way the market's headed is super important for making money or avoiding losses.
$BTC is just 16% away from $100,000. I have already started levelling out and taking profits. Beyond 100K I will enter when the price drops considerably.
$BTC we are seeing a local top forming and a retrace can be expected. This doesn't cancel the bullish trend since mid September - just balances it. 74K seems like a good support level.
$BTC just a little warning that my system has flagged a potential downtrend. Its not confirmed yet but I will be out of the market while the signal is confirmed within a few days. Then I will enter when a new uptrend is flagged. That’s my game plan. Stay safe out there.
$BTC a little more detail to how my strategy work. I look for weakness and strength in the price action. That's a combination of momentum and volume. Look at the green and the red vertical lines. They signify enter and exit. Many times a price increases without commitment - that's where I'm out. It shows weakness. Other times I see the price is dropping but with weakness and that's where I'm preparing to enter. I hope this makes sense else ask your questions here.