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LIVE - Buy + Sell Signals - Bitcoin + Ethereum + Altcoins - 5 Minute Chart
Day Trading Bitcoin
Learn how to day trade BTC or ETH by watching the signals the CCI gives using real-time charts to show live day trading buy and sell signals. Volume is the most important indicator on a chart. When volume drops, so do prices to attract buyers at a price they find to be a better deal. It takes increasing volume to move prices higher most of the time. The biggest volume spikes are at tops and bottoms, and it takes big volume to break above a level of resistance.
Yellow circles at bottoms signal it may be setting up for a buy. Green circles say buy. Red circles signal extreme tops, and orange circles say it's time to take profits, or to enter a short position because prices are about to fall. I'll show you a simple way to make money while coin prices are falling so you can make money either way the market is moving.
The CCI gives four buy signals, and four sell signals. The most important one is when it breaks above or below the zero line. My strategy is simple! The price of a coin is moving up when the CCI is above zero, and prices are moving down when it breaks below zero. If all you ever do is use the zero line buy/sell signal, you should do well...
You may wonder why I only use the CCI for all my buy and sell signals? In 2001 I started studying 50 technical indicators. The CCI was the very last one I studied because it had the word "commodity" in it, and I was trading the stock market at the time. As it turns out, the CCI - Commodity Channel Index is the best one of all. It's not a lagging indicator like most. Its signals are accurate 80% of the time. It's very good at signaling tops and bottoms. It's now the only lower indicator I load onto my charts.
Do you want to learn how to read charts to become a more successful trader? Follow this channel and learn for free. My strategy can be used for day trading and swing trading stocks and cryptocurrencies. I started trading stocks in 2001 and cryptocurrencies January of 2020 and I know charts very well. That happens when you watch live charts 12 hours a day, 300 days a year for twenty years.