Trade Bitcoin Trading

Bears Power Bitcoin Analysis & Bears Power Trading Signals

Engineered & Conceived by Alexander Elder

Bears Power shows the strength of sellers. Bears Power measures who is stronger: the buyers or sellers.

This btcusd tool tries to figure out if a bitcoin downtrend will keep going or if the bitcoin price will change direction soon.

Calculation

A Bitcoin price bar includes four things: the price when it Opened, Closed, the Highest point, and the Lowest point.

Each Bitcoin price bar either closes at a higher or lower level compared to the previous Bitcoin price bar.

Bitcoin's highest price captures peak bullish momentum during a specific cryptocurrency price cycle.

the lowest bitcoin fee will show the max electricity of Bears inside a bitcoin crypto charge length.

This BTCUSD Tool Relies on Bitcoin's Low Price and an EMA.

The moving average marks the balance point between sellers and buyers. It covers a set bitcoin price time.

Hence:

Bears Power = Low Bitcoin Price - Exponential MA

Bears Power Indicator for Crypto - Bears Power for BTCUSD - Bear Power Tool for Bitcoin Trading

BTCUSD CryptoCurrency Analysis and Generating Signals

Sell Trading Signal

A sell cryptocurrency signal is generated when oscillator goes below Zero.

In a down BTCUSD trend, the low falls below the Exponential Moving Average. The indicator stays under zero, and the histogram sits below the zero line.

Bears Power BTCUSD Indicator - Bear Power Technical BTCUSD Indicator

Exit Signal

If the LOW goes higher than the Exponential Moving Average, it shows that bitcoin prices are starting to increase and the histogram goes above zero.

Buy Bitcoin Signal - Bear Power Technical BTCUSD Indicator

The Triple Screen way to use this indicator says to find the bitcoin price direction on a bigger chart (like one day) and then use the bears power signals on a smaller chart (like one hour). Trades are made based on the smaller chart, but only going in the same direction as the overall bitcoin trend shown on the bigger chart.

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