Chande Trendscore Bitcoin Analysis & Chandes Trendscore Trading Signals
Developed by Tushar Chande
This BTCUSD cryptocurrency indicator endeavors to conduct a quantitative and qualitative evaluation of market direction and the momentum of a bitcoin trend by juxtaposing the current closing bitcoin price against prior closing prices over the preceding 20 time periods.
The Chande Trendscore is an oscillator indicator that fluctuates between +10 and -10, with zero being the midpoint.
Chande Trendscore
BTCUSD CryptoCurrency Analysis & How to Generate Signals
Buy Signal
A value of above Zero indicate an upwards bitcoin trend of varying power
A value of +10 shows a strong trending upwards market
Buy Signal
Sell Signal
A value of below Zero shows a downward bitcoin trend of varying power
A value of -10 indicates a strong trending downwards market
Sell Trading Signal
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