Trade Bitcoin Trading

DeMark Projected Range Bitcoin Trading Analysis and DeMark Projected Range Signals

Developed by Tom Demark.

This btcusd indicator is used to signal the potential high and low bitcoin trading prices that a chart bitcoin price is likely to reach and get to.

This is referred to as the range projection and it's calculated using the open and the close bitcoin trading prices of the most recent bitcoin price period.

DeMark Projected Range Bitcoin Indicator - Demark Projected Range BTCUSD CryptoCurrency Indicator

DeMarks Projected Range

Bitcoin Trading Analysis & How to Generate Signals

This btcusd indicator will show 2 points, the projected high & the projected low of a specific bitcoin price period. This will be used as the reference point.

Bullish Up Bitcoin trend Signal

If the next bitcoin price bar opens above projected high then the btcusd trading market will continue in an upwards Bitcoin trend.

Bearish down bitcoin trend Signal

If the next bitcoin price bar opens below the projected low then the btcusd trading market will continue in a downwards Bitcoin trend.

Ranging Bitcoin Trade Market

If the next bitcoin price bar opens within the projected range, then this is a trade signal that the btcusd trading market will remain in a range base.

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