Bearish until the "fear zone" is not passed

16 de jun. de 2017

RSI momentum in addition to ATR is a combination that I found to be very useful for predicting fear and uncertainty in the BTCUSD market. I added recently to my strategy this indicator and I tested it during the last fall with a very good margin. You buy when the indicator is passing the blue line. This is also good for predicting the last wave of a bearish movement. Last wave in the past built from the fear that the previous 2 bearish waves have generated. For my point of view (I can be in error), but I have the indicator that shows the building of the third Bearish wave coming. Ichimoku is also giving some details about it right now showing a trend that is not clear and this linear situation, is what predicted previous strong bearish moves. Take care, be cautios in your margin position