BitcoinActualizado Buy? Sell? Short term projections (SMA) give purchase limits
With this strategy having performed relatively well during the pandemic, while we do see the upwards trend continued in short term projections; one should at least await for a cross below overbought to get a fair price.
Interesting observation: SMAs fitted to the RSI are converging; such also occurred at the last "big jump" and at the begging of the last slow decline.
Edit: corrected "oversold" to "overbought"
Interesting observation: SMAs fitted to the RSI are converging; such also occurred at the last "big jump" and at the begging of the last slow decline.
Edit: corrected "oversold" to "overbought"
Nota
Correction: "Cross below overbought", although given that the bands are built on 7 day periods, I honestly would wait until it crosses below oversold myself.
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Exención de responsabilidad
La información y las publicaciones que ofrecemos, no implican ni constituyen un asesoramiento financiero, ni de inversión, trading o cualquier otro tipo de consejo o recomendación emitida o respaldada por TradingView. Puede obtener información adicional en las Condiciones de uso.