top of page

Weekly Newsletter

Hi Riders, on the last issue, we focous on long term approach and DCA for $BTC and $NASDAQ, now i will focus on the trend on multiple timeframes so you can get familiarized with the pattern and identify opportunities on other coins by yourself.



Let´s start with the weekly chart.

  • Trend sill bearish: all indicators bearish, price below band

  • Oversold

  • Price way below band (room for a bounce)



Daily chart:

  • Trend Still bearish: all indicators bearish, price below band

  • Not Oversold: green area just dissapeard, potential bounce on the making.

  • Price way below band (room for a bounce)


4 Hour chart:

Trend neutral: price inside band.

If price stays above band for a few candles then we could see a much bigger bounce.



1 Hour chart:

Trend bullish: price above band, rider band gold, most indicators bullish.



So, how to use this information:

  • When a price is above band: longs have mor chances to succeed, when below shorts are more succesfull.

  • Choose coins: If BTC is above rider band, look for coins that are still below, those will tend to follow BTC fast if BTC holds. This is a very powerful technique, specially on the daily chart.

Commentaires


Stay informed with our latest blog updates on crypto and stocks! Subscribe now and don't miss out!

Thank you for subscribing!

bottom of page