Darvas Box Bitcoin Analysis & Darvas Box Trade Signals
Created by Nicolas Darvas
Nicolas Darvas is a famous trader who made 2 million dollars trading the stocks market. Darvas started with a trading account ==22==baalance of $10,000 & made a profit of over $2 million.
This is one of the techniques which Darvas combined to form his stocks cryptocurrency system. Along with this technique and method he made accurate trading decisions.
Darvas Box
Bitcoin Analysis & Generating Signals
This method is used to generate bitcoin signals based on a simple breakout strategy of the Darvas Box lines.
Bullish Signal
If the bitcoin price on a cryptocurrency chart breaks out at the top box line, then this is a bullish signal
Bearish Signal
If the bitcoin price on a cryptocurrency chart breaks out to the lower line, then this is a bearish.
The example illustrated below indicates a bearish signal derived/generated from the Darvas Box Bitcoin Indicator.
Break Out - Bearish Signal
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