I want to add custom technical indicators and receive alerts when conditions are met. May I ask what methods you have, experts? #技术指标

#比特币 When these particular indicators intersected twice in the past (the yellow circle in the figure below), the price of Bitcoin seemed to reach a regional bottom.

Now, with these indicators converging for the third time, does it mean that the price of Bitcoin will continue the previous pattern?

#历史模式 #技术分析 #技术指标 #价格趋势

In Bitcoin intraday trading, there are some commonly used technical indicators that can help traders better analyze market trends and make decisions - Issue 1:

Introduction to Common Technical Indicators in Bitcoin Intraday Trading

Moving Average (MA) is a tool used to smooth out price fluctuations. The Simple Moving Average (SMA) adds up the prices over a certain period and divides by the number of that period. For example, the 5-day Simple Moving Average is the sum of the closing prices over the past 5 days divided by 5. It can help determine the direction of price trends; when the price is above the SMA, it is generally considered an upward trend; conversely, it indicates a downward trend. The Exponential Moving Average (EMA) gives more weight to recent prices, reacts more quickly to price changes, and can promptly reflect short-term price variations.

Relative Strength Index (RSI) measures the speed and magnitude of price changes to determine market overbought and oversold conditions. The RSI ranges from 0 to 100, and it is generally considered that a value above 70 indicates an overbought area, where the price may pull back; a value below 30 indicates an oversold area, where the price may rebound. In Bitcoin intraday trading, the RSI can help determine the timing for buying and selling.
$BTC $ETH
#技术分析参考 #教学 #技术指标

Advice for friends in the cryptocurrency circle

1. 90% of your wealth is earned in 10% of your time, so it is important not to be fully invested. You must make friends with time and use 90% to wait for opportunities. New investors are unwilling to be short or even half-invested, so they must jump in. This fear of missing out is also a necessary stage for every novice.
2. You must set stop-profit and stop-loss. It is not great to buy, but it is a master to sell.
3. When others buy something to make a fortune, you must be afraid of missing it when you hear the news. Remember, the moment you hear the news, it is too late. If you go in, you will take over at a high position, which is a huge risk.
4. Don't have faith in a certain coin, identify the outlet, and leave when you make money. Wait quietly for the next outlet. Don't think that if you choose the right outlet, even pigs can fly. The cryptocurrency circle is not about who makes money faster, but who can live longer.
5. Don't believe in getting rich overnight, but you must believe in the power of compound interest. You can only earn money within your cognitive range.
6. There are risks in entering the market, so you must be cautious when investing. You must leave yourself a way out before you step into this circle.
#加密市场反弹 #币圈反诈 #技术指标 #实盘交易

In Bitcoin day trading, there are some commonly used technical indicators that can help traders better analyze market trends and make decisions - Issue Two:

The role of Bollinger Bands, Stochastic Indicator, and Volume Indicator in Bitcoin day trading

Bollinger Bands consist of three lines: the middle line is the Simple Moving Average, and the upper and lower lines are the Standard Deviation lines. The bandwidth changes with price fluctuations; it widens when price volatility is high and narrows when volatility is low. In Bitcoin day trading, Bollinger Bands can help determine the range of price fluctuations and trends. When the price approaches the upper band, it may be in an overbought state; when it approaches the lower band, it may be in an oversold state. The narrowing and widening of Bollinger Bands can also serve as signals for trend changes.

The Stochastic Indicator is used to measure the relative position of price over a certain period, determining whether the market is overbought or oversold. Its value ranges from 0 to 100; when the Stochastic Indicator value is above 80, it is in the overbought zone, and the price may pull back; when it is below 20, it is in the oversold zone, and the price may bounce back. Similar to the RSI, it can help determine the timing of trades.

Volume is the number of Bitcoins traded over a certain period. Changes in volume reflect the activity level and strength of the trend in the market. When prices rise, an increase in volume is usually a bullish signal; when prices fall, an increase in volume is usually a bearish signal. In Bitcoin day trading, the volume indicator can help confirm the reliability of price trends.

It is important to note that technical indicators are not absolutely accurate, but are merely tools for analyzing the market. Traders should combine various technical indicators and market analysis methods, consider fundamental market factors and risk tolerance, and develop reasonable trading strategies. At the same time, the Bitcoin market is highly volatile and uncertain, and traders should remain cautious and strictly control risks.
$BTC $ETH
#技术指标 #技术分析参考 #教学