Hello everyone, not sure if this counts as advertising or not but we're not here to shill some coin or ico. We would just like to help traders and hodlers alike have an idea of where the price of bitcoin is going and when to buy or sell. Easy to understand and nothing to download or subscribe to. We post our signals and indicators daily for free, we are donation supported. Anyways with our introduction out of the way here's an image of one of our daily posts.
https://i.imgur.com/hWBGOaK.pngThe main indicator is the 4 panels.
1st panel: Useful for day traders who make multiple trades a day, can indicate a short term trend change. (Accuracy: Above average)
2nd panel: Early warning signal, shows that a trend is getting close or about to change. Useful for swing traders. (Accuracy: High)
3rd panel: Strong indicator that a trend is going to change, consider a stop loss and look for signs of a trend reversal. Useful for Hodlers (Accuracy: Very High)
4th panel: Our own sentiment on where the price of bitcoin is going in the medium to long term. Also an overbought/oversold signal.
All Panels Red or Green: Strong buy or sell signal
All Panels Grey: No significant signal to buy or sell, current direction continuing like normal.
Dots on panels: Last signal given, if grey that means the stop loss was triggered for this panel.
Light green/Pink on 4th panel: Overbought during downtrend or oversold during uptrend
TSL: Tight Stop Loss
SL: Stop Loss
Sentiment:
https://pbs.twimg.com/media/D-Mu3VoUcAA01Hx.png (typos: -4 should be 05-14; 80 is a sentiment value of +3; every candle is given a score of 0-100)
Momentum: Shows the current trend and its strength. Green is uptrend and Red is downtrend, great indicator for hodlers.
Value:
https://pbs.twimg.com/media/D7sY_8ZWkAg3Ajz.pngWhether bitcoin is undervalued, fairly priced or overvalued. Lets you know when is a good time to accumulate more bitcoin.
We hope these signals can help you with your trading, especially those new to bitcoin. Follow us on twitter @bitcoinpanel
