RE: Stage Analysis Beginners Questions
Hey My partner is looking for an exit strategy regarding bitcoin. I mentioned SA investor method. However, in a bitcoin bull market it's normal to pullback 30-40%. Looking back at the Dec 2017 top you would have gotten out at 12631 since stop was set below the 30MA but the zero line and RS lines looked ok. Or 14979 when both price broke the 30MA and Zero line was rising above the
RS?
As of now I would place stop at 29,347? I'm looking at the daily chart. Cheers