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BTC on ATR (Patreon)

Published:
2024-09-12 18:12:23
Imported:
2026-06
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Content

keeps trying to launch off level 5 on ATR

4th time a charm?

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Comments

SuperRock

James, not sure u agree but... I come to realise that, we tend to 'spiritualize' fib and what not layers, and as Raoul Pal says, it's all down to Macro. No indicator can ever ever predict the future. That's clairvoyance!! All the indicators and layers can tell us is a snapshot of how a specific asset is at that moment in time in relation to its past. It can MAINLY tell is if, in relation to its past, it might be a good/fair entry or exit, and that is why, RSIs and Stochastics are still the best IMHO, cos all I need to know is price relation to its past, oversold or not, and keep DCA'ing! 🤩💪🏼 That's all. So... 4th time trying to break level 5? Well... No significance at all, as at end of the day it is all down to the world and its macro conditions, which are played up in various ways. Keep it up buddy 🙌🏼

Starry⚡️Coyote

Be awesome to get back to the $60s on the weekly🤞

KoKoPelli

Just get through September then YES!!!

onedollaretc

Sorry to ask: Why RNDR closed today $6.80, but token migration RENDER closed today $5.24. WHY??

DigitalRengade

Keeps bouncing off it - seems to be a big buy level. Short term seller exhaustion, btc being taken off exchanges, whale accumulation, plus the halving effect kicking in. Who knows. Be ready to buy if there's another dip, otherwise hold if it rises. Maybe the uptrend will start soon

Darth Bitcoin

What I would like to see is a steady 4% average weekly gain for at least the next 20 weeks. Not big candles. Steady gains will lessen the fears that the big money people who have not yet dipped their toes into the BTC pool. When those whales jump in the pool the splash will be huge.

Vlcoun

Bear cross on 2M StochRSI and half way down on 1M... No further data needed for me.

OrcinusOrca

I think it goes off this time for a while... then November rain

Dutch Solanian

Only buys never sell, that's the way it works.

oversoldbounce
>>149310628

I am not familiar with StochRSI. Do you mean your are bearish on the monthly timeframe because of this read? If so what would signal a reversal possibility on the indicator?

Emioli

Can anyone help me how to setup the atr model so that notifications received stay on the model for the whole bar/candle? Whenever I get an email to buy or sell an asset, when I check the atr it's gone already due to a movement in price. Is it best to set the alert to only alert once per bar close?