controllinghand

Aroon is better than NVT (5 months later) Bitcoin (BTC)

Largo
BITSTAMP:BTCUSD   Bitcoin
I published an idea a while back stating that Aroon is a better indicator for Predicting Bitcoin (BTC) than NVT:

It's been almost 6 months later and here are the results:

On May 11th Aroon said buy BTC at $7200. NVT was telling you to sell BTC.
Today Nov 1st BTC sits at ~$9100

Many are saying that BTC will crash soon and that might be true. However, according to Aroon we have a very strong base at $7200.

Aroon is telling us to stay in this trade
NVT has not yet signal a buy entry. However, if Aroon stays green and NVT does signal I'm going to be buying more BTC.

I do have a golden rule to not lose more than 10% in any trade. so unless BTC hits $6480 I'm going long BTC.

Be safe out there and this is not investment advise yada yada.

~Controllinghand




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.