Post
Topic
Board Trading Discussion
Re: Do You Use Technical Analysis?
by
el kaka22
on 30/10/2021, 09:15:33 UTC
Do you use technical analysis when you trade bitcoin?
If yes, what are the best strategies? Bitcoin is so volatile now.
I like to suggest you to check 2 technical strategies here.

First one is moving average cross-over strategy:
https://www.fxempire.com/education/article/how-to-enhance-your-moving-average-crossover-strategy-271691

It has few disadvantages as well like you may not able to enter or exit at exact trend reversal level as it is a time lagging strategy hence longer time frame may help.

The second one is the pivot point analysis:
It will get you support and resistance levels and you may need to work out on when and where to buy/sell based on your observation as nothing permanent in the market.