BTCUSD System

Bitcoin System, what is bitcoin system?

Sell Trading Signal

So the above is a bitcoin system, simple bitcoin system that is a combination of two indicators.

MAs - 2 moving averages are used to form the MA crossover system. This cross-over system generates signals when the two MAs cross-over or under each other.

RSI - RSI cross over over Center mark, 50 level mark, generates either a buy or sell bitcoin trade signal.

You'll also require to learn how to draw bitcoin trend lines like the ones above so as to know when a bitcoin trend is broken and when bitcoin prices movement are about to change.

Sell Bitcoin Signal Rules

To generate a sell cryptocurrency signal we use the following trade signals

Moving Average heading downwards

RSI below the 50 center mark

For This system you would have placed the take profit at the support line where the bitcoin price reached before pulling a retracement.

Buy Bitcoin Signal Rules

To generate a buy cryptocurrency signal we use the following trade signals

Moving Average moving upwards

RSI above the 50 center mark

Buy Trade Signal

A system is a good method to generate cryptocurrency signals & although the above examples look simple trading the above signals in real time will take a lot of time before you can start to trade with the ease that profitable bitcoin traders trade with. So take some time to practice the art of executing your trade signals that you generate from your cryptocurrency system.

Study More Courses & Lessons:

Trade Bitcoin Trading

BTCUSD System

Sell Bitcoin Signal Rules

Buy Bitcoin Signal Rules