Moving Average Channel

Intended for use on BTC long term (BNC:BLX Weekly) with Logarithmic charts only

As Bitcoin is adopted, it moves through market cycles. These are created by periods where market participants are over-excited causing the price to over-extend, and periods where they are overly pessimistic where the price over-contracts. Identifying and understanding these periods can be beneficial to the long term investor. This long term investment tool is a simple and effective way to highlight those periods.

Buying Bitcoin when the price drops below the green line has historically generated outsized returns. Selling Bitcoin when price goes above the red line has been historically effective for taking profits.

NOTE: 144 Week = 2¾ Years. 104 Weeks = 2 Years. Originally created by Philip Swift
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Excellent analysis, thanks for sharing :)
+1 Svara
Brother can we use same formula for " Nifty 50 Index ".. If yes request you to please share me " Nifty 50 Index " chart with your formula.
jaggedsoft anirudhvv
Adjust 'mult' to 4, or a setting of your choice and it will work for you. Only buy when Megatrend is green @anirudhvv
+1 Svara