BTC 7/01/18 Analysis Using Quansium Golden Ratio Moving Average
This is our Bitcoin Analysis. Just today we invented a new moving average. Best way to describe is by calling it a 2nd Generation Williams Alligator Indicator.
The goals were:
This indicator has only 10 setups. It's able to show all kind of historical data with as little lag as possible. It works in any market and timeframe, and can show short, as well as long term view of the current trend.
In this analysis we use setup 7 and 10, which show current price channel is very important to the future price of Bitcoin. From here on, we will either break bearish trend and move into bullish territory or restart another downtrend.
The goals were:
- - To remove as much lag as possible.
- - To make it as simple as possible.
- - To show all different views of the current market.
- - To maintain the outputs as close as possible to their Fibonacci Levels.
This indicator has only 10 setups. It's able to show all kind of historical data with as little lag as possible. It works in any market and timeframe, and can show short, as well as long term view of the current trend.
In this analysis we use setup 7 and 10, which show current price channel is very important to the future price of Bitcoin. From here on, we will either break bearish trend and move into bullish territory or restart another downtrend.