CCI BTCUSD Analysis & CCI Trade Signals

Developed by Donald Lambert

The Commodity Channel Index measures the variation of a commodity bitcoin price from its statistic mean/statistical average.

This bitcoin indicator is an oscillator which oscillates between high levels & low levels

When the CCI is high it displays that bitcoin price is unusually high compared and analyzed to the the average.

When the CCI is low it highlights that bitcoin price is unusually low when compared & analyzed to the the average.

Commodity Channel Index, CCI BTCUSD Indicator Analysis

BTCUSD Analysis & Generating Trade Signals

The Commodity Channel Index CCI generally oscillates between ±100.

Indicator readings above +100 indicate an overbought conditions and an impending market correction.

Indicator values/readings below -100 indicate an over-sold conditions & an impending market correction

If the Commodity Channel Index CCI trading indicator is over-sold, levels below -100, then there is a pending market correction.

Oversold areas will remain intact until CCI indicator starts and begins to move above -100.

When bitcoin price begins moving above -100 then that's interpreted as a buy.

The Commodity Channel buy cryptocurrency signal should be combined with a bitcoin trendline break signal to confirm the buy.

CCI Bitcoin Indicator Analysis - CCI Bitcoin Indicator Analysis - Commodity Channel Index, CCI Bitcoin Indicator Analysis

Buy Trade

If the Commodity Channel Index (CCI) is overbought, areas above +100, then there is a pending market correction.

The over bought areas will remain intact until CCI trading indicator begins to move below +100.

When bitcoin price starts and begins moving below +100 then that's a interpreted as sell.

This Commodity Channel sell cryptocurrency signal should be combined with a bitcoin trendline break signal to confirm the sell.

Sell BTCUSD Signal - CCI Technical BTCUSD Indicator

Sell Trade

Bullish divergence occurs when bitcoin price is forming/making new lows while the CCI is failing to surpass its previous low.

This is a bullish signal because the divergence trading setup will be followed by an upwards market correction.

CCI Technical BTCUSD Indicator

Bearish Divergence occurs when bitcoin price is making new highs while the CCI is failing to surpass its previous high.

This is a bearish signal because the divergence will be followed by a downwards market correction.

Bearish Divergence Setup Signal - CCI - Is CCI a Leading or Lagging Bitcoin Indicator?

Analysis in Bitcoin Crypto Currency Trading

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