Bitstamp chart with ttm squeeze 1h + GODMODE 3.1.4
Bitcoin / U.S. dollarBitstamp
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⋅ BITSTAMP:BTCUSD
Using Squeeze, volume trend analysis and MACD trend analysis to predict the sharp wedge breakout that occurred.
squeeze can indicate that a large movement is going to occur, the longer the red dots are lit, the more likely a large breakout is incoming.
https://www.tradingview.com/script/eFs5kf8F-TTM-Squeeze/
Using MACD and Volume TA, I was betting on the likelihood of a price breaking DOWN out of the consolidation wedge in the charted example.
TTM also lit up when the reversal was near, see arrows.
The optimal Short-sale price was lit up by GODMODE 3.1.4 PRIOR to the TTM providing conformation.
https://www.tradingview.com/script/h7gIIXqF-Godmode-3-1-4-SNOW-CITY-SCALPER-EDITION-7-2017/
Using these indicators along with basic TA, you can have a higher confidence in your positions.