An Effective Trend Approach for Bitcoin
02/05/2019 16:29
In the accompanying video, Haejin explains how to approaching trading Bitcoin for the long term - the moonshot as many like to call it.
Haejin utilizes the 50 day moving average on a weekly chart using a semi-log view. When price is above the 50sma, it is a buy.
If you take a corollary approach, roughly at the end of this year (2019) there will be a new buy signal.
This is a very straightforward "trade the trend" approach.