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Author Topic: Daily Bitcoin Trend & forecast  (Read 381 times)
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Indicators (OP)
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February 10, 2017, 10:49:42 PM
Last edit: February 11, 2017, 09:42:23 AM by Indicators
 #1

To make the prediction easier to understand we are using line graph on the realtime charts and show the prediction using candles.The mean floating price range prediction is pink line and trend is indicated below.Remember anything on the trend strength chart below 70% is unreliable.


The neural virtual forecast begins at the vertical gold broken line using candles.All Red(Bear) and Green(Bull) candles shown on this chart are generated using a neural predictive programme and are not real time.Pink line is also a neural predictive trend line and not actual real time trend.


From time to time the charts will show different varying signal outputs depending on frequency and quality of signal shown in relation to each type programme used.



BTCUSD, H4, 2017.02.10 22:44 UTC


https://charts.mql5.com/14/54/btcusd-h4-fxopen-investments-inc.png


BTCUSD, D1, 2017.02.10 22:44 UTC


https://charts.mql5.com/14/54/btcusd-d1-fxopen-investments-inc.png


BTCUSD, W1, 2017.02.10 22:45 UTC


https://charts.mql5.com/14/54/btcusd-w1-fxopen-investments-inc.png


All indicators shown are only a representation of my own personal opinion regarding the indicated market and are not to be taken as advice but solely for entertainment or educational purposes.Follow me here for daily free signals http://bitcoinplus.org/blog-content/indicators or coins.newbium.com



Disclaimer - Trading Bitcoin and Altcoins have large potential rewards, but also large potential risk. You must be aware of the risks and be willing to accept them in order to invest in these markets. Don't trade with money you can't afford to lose. This post is neither a solicitation nor an offer to Buy/Sell anything. No representation is being made that any reader will or is likely to achieve profits or losses.The past performance of any trading system or methodology is not necessarily indicative of future results. Traders should rely one their own judgment and not solely on any trading software alone including the signals given in this or other posts by the poster.
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Idrisu
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February 11, 2017, 08:17:50 AM
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Op thank you for this info. One thing I will like to add is trading bitcoin without adequate skills and knowledge on how trading works in general is like jumping from an aircraft without a Para suit. Like you said trading has a potential great rewards and also an inherent risk. My advice is traders should learn demo trading first before really trading. I do used pin bar on a daily chart for both entries and exists plan.
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February 11, 2017, 09:36:21 AM
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Op thank you for this info. One thing I will like to add is trading bitcoin without adequate skills and knowledge on how trading works in general is like jumping from an aircraft without a Para suit. Like you said trading has a potential great rewards and also an inherent risk. My advice is traders should learn demo trading first before really trading. I do used pin bar on a daily chart for both entries and exists plan.


Thanks for your comments.Yes trading on demo mode or with small amounts are the best route for anyone who starts trading.Also many variables including fundamental data from reliable news sources/activity from developers//github activity/noise from forums and blogs etc along with the basic technicals like monitoring buy support and market depth and comparisons to previous movements v price etcare some of the starting things to study for new traders.
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February 11, 2017, 09:46:01 AM
 #4

To make the prediction easier to understand we are using line graph on the realtime charts and show the prediction using candles.The mean floating price range prediction is pink line and trend is indicated below.Remember anything on the trend strength chart below 70% is unreliable.


The neural virtual forecast begins at the vertical gold broken line using candles.All Red(Bear) and Green(Bull) candles shown on this chart are generated using a neural predictive programme and are not real time.Pink line is also a neural predictive trend line and not actual real time trend.


From time to time the charts will show different varying signal outputs depending on frequency and quality of signal shown in relation to each type programme used.



BTCUSD, H4, 2017.02.11 09:41 UTC

 https://charts.mql5.com/14/57/btcusd-h4-fxopen-investments-inc.png


BTCUSD, D1, 2017.02.11 09:41 UTC


https://charts.mql5.com/14/57/btcusd-d1-fxopen-investments-inc.png


BTCUSD, W1, 2017.02.11 09:41 UTC


https://charts.mql5.com/14/57/btcusd-w1-fxopen-investments-inc.png


All indicators shown are only a representation of my own personal opinion regarding the indicated market and are not to be taken as advice but solely for entertainment or educational purposes.Follow me here for daily free signals http://bitcoinplus.org/blog-content/indicators or coins.newbium.com



Disclaimer - Trading Bitcoin and Altcoins have large potential rewards, but also large potential risk. You must be aware of the risks and be willing to accept them in order to invest in these markets. Don't trade with money you can't afford to lose. This post is neither a solicitation nor an offer to Buy/Sell anything. No representation is being made that any reader will or is likely to achieve profits or losses.The past performance of any trading system or methodology is not necessarily indicative of future results. Traders should rely one their own judgment and not solely on any trading software alone including the signals given in this or other posts by the poster.
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