Bitcoin Daily Charts Trading System

This trading system template is fully explained within the bitcoin trading plan on the Bitcoin Trading Plan Template Example on this learn bitcoin trading website under - bitcoin key concepts section located on the right navigation menu.

Cryptocurrency Chart Time frame

1 hour chart

Cryptocurrency Technical Indicators which spot a new bitcoin trend

Moving Average Crossover Bitcoin Strategy

Cryptocurrency Indicators that confirm the bitcoin trend

RSI technical indicator

Stochastic technical indicator

Buy Bitcoin Signal

1. Both Moving Averages heading upwards

2. RSI above 50

3. Both stochastics moving up

Sell BTCUSD Signal

1. Both Moving Averages moving downwards

2. RSI below 50

3. Both stochastics heading down

Exit BTCUSD Signal

1. Moving Averages Technical Indicator gives opposite trading signal

2. RSI indicator gives opposite signal

Bitcoin Risk Management

Stop loss - 20 pips

Take Profit Cryptocurrency Order - 60 pips

Reward : Risk Ratio 2 :1

Cryptocurrency Day Trading Strategies Course - Cryptocurrency Daily Charts System - Bitcoin Simple Trading Strategy - Bitcoin Strategies Revealed - Moving Average Bitcoin Strategies - Bitcoin Intraday Trading Strategies