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/ Crypto̶ Ðan🌐 Profile picture
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15 Dec, 13 tweets, 6 min read
My top 10 BEST trading indicators for buying the #Bitcoin bottom

I've been obsessed for 3+ years on this topic, and can say these tools WILL make you money

Here are my favourites👇
#1 - 200D Moving Average

- The line is the average price of Bitcoin over the prior 200 days.

- SUPER simple. Buy when price gets to the blue line.
#2 - Puell Multiple

- A calculation which uses daily issuance of new Bitcoin's to determine great places to buy

- Buy when the indicator has the green column showing
tradingview.com/script/ecEyOv0…
#3 - 2Y MA Multiplier

- Very similar to the 200D moving average

- Great for spotting accumulation regions. DCA during the highlighted green section.

lookintobitcoin.com/charts/bitcoin…
#4 - Unrealised profit/loss

- Shows how much profit/loss Bitcoin investors have

- Also shows you when Bitcoin enters the accumulation zone. Great for DCA when it enters 'capitulation'.
lookintobitcoin.com/charts/relativ…
#5 - Cuban's Spot BTC buying guide

- An algorithim which buys after significant dips in price

- Buy when the indicator flashes 'spot' with the green arrow. Amazing for buying dips.
tradingview.com/script/bELupuo…
#6 - Hash Ribbon

- Uses miner capitulation as a way of determining the best place to buy

- Pretty simple. Buy when the blue dot appears saying 'buy'.

honestcrypto.io/bitcoin-hash-r…
#7. Difficulty Ribbon Compression

- Similar to the above indicator

- Simple. Buy in the green zone.

studio.glassnode.com/metrics?a=BTC&…
#8 - Miner Position Index

- Tracks whether miners are buying/selling to determine the best time to buy

- Buy when it crosses over zero

Thanks to Lark for this one
#9 Bitcoin Production Cost

- Tracks the cost to mine Bitcoin, and uses this data to determine the best spots to buy

- Buy when the indicator shows price in the red zone

tradingview.com/script/ug1V9P1…
#9 - Reserve Risk

- Shows the confidence amongst long term bitcoin holders

- Buy in the highlighted blue zone

lookintobitcoin.com/charts/reserve….
#10 - Funding and Premium Index

- Can be used to dictate the sentiment of those traders who continually lose money

- Buy when the blue and orange line ticks down for atleast 7 days

tradingview.com/script/exvN2Qg…
And that's the list!

If you found this interesting, and want to learn more, join the discord:

discord.gg/kyGytKZ

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More from @cryptodan19

/ Crypto̶ Ðan🌐 Profile picture
10 Nov
HOW TO DOLLAR COST AVERAGE $BTC THE RIGHT WAY

/Thread
Buying when prices are low requires discipline, patience, conviction, emotional control, and trading tools which actually work

Let's focus on the trading tools for this thread!👇
1. @cubantobacco spot buying guide

Very simple for finding good entries on $BTC

tradingview.com/script/bELupuo… ImageImage
Read 7 tweets
/ Crypto̶ Ðan🌐 Profile picture
7 Nov
Been an amazing few days of trading for myself and Wintrade members $BTC $ETH $Crypto

Lets recap:👇

1. We opened 1 trade yesterday on $BTC with our Wintrade trading system, making 72.8% in 16 hours🔥 (20x lev)
2. I issued a call yesterday to buy $YFI at the 7500sat buy zone

Today we sold at the final target of 15600 sats for a 2x🔥🔥

3. Took some profits from spot $BTC long that we opened at 10.4k for a 54% profit💎

Read 4 tweets
/ Crypto̶ Ðan🌐 Profile picture
31 Oct
An explanation of funding, and why EVERY Bitcoin trader NEEDS to use it as their main trading tool $BTC #Bitcoin

/THREAD
We've all heard the trading mantra 'Buy low, sell high'

But how many traders can actually implement this seemingly simple strategy to make consistent profits?

Not many. But why? Image
1. Because the tools traders use to analyse when prices are 'low' and 'high' are incomplete

AND

2. Because when an edge on the market becomes obvious it seizes to act as an edge

So how does this apply to funding?
Read 11 tweets
/ Crypto̶ Ðan🌐 Profile picture
15 Jul 19
'Reminiscences of a Stock Operator', published in 1932, is a mandatory read for all crypto investors📜

After reading for a 3rd time, I've included some of my personal favourite passages below⬇️

$crypto
Ever made a trade in the hopes that the market will pay for something you desire❓

Don't.

"What does a man do when he sets out to make the stock market pay for a sudden need? Why, he merely hopes."
"There is nothing new in Wall Street. There can't be because speculation is as old as the hills. Whatever happens in the stock market today has happened before and will happen again". 🦉

- The exact same applies to the crypto market, and any other market that humans trade📈
Read 23 tweets
/ Crypto̶ Ðan🌐 Profile picture
6 Jul 19
Just finished reading 'Psychology of the Stock Market' published in 1912. 📔

In hindsight, this is a mandatory read for all crypto investors.

Below I'll include some of my personal favourite passages ⬇️
"When the markets look weakest, when the news is at it's worst, when bearish prognostications are most general, is the time to buy."

For example, $ETH bottom, we saw:
- Substratum uses investor funds to short ETH to $60
-
An EXACT description of the $BTC run from the 3k lows, written over 100 years ago 👀

"The public notes the advance - but that there will be plenty of opportunities to buy on substantial reactions - strangely enough, these reactions do not appear"

Same
Read 17 tweets

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