Trade Bitcoin Trading

Trailing StopLoss Bitcoin Order Levels Bitcoin Analysis & Trailing Stop Loss Bitcoin Order Levels Trading Signals

Developed by Tushar Chande.

This is a volatility based indicator that's used to estimate/gauge levels to set stop loss levels. Distance at which it estimates the trailing stop level is determined based on the market volatility.

Trailing Stoploss Levels Bitcoin Indicator

The Levels of the two lines, these two lines represent:

  • Long Stop Level - Blue Line
  • Short Stop Level - Red Line

This stop level line has much wider price range in terms of where it trails stoploss order as compared to short stop level which implements tight stoploss order.

This btcusd indicator is volatility based when it comes to trailing and following the bitcoin price action. Trailing Stop Levels will trail the above the bitcoin price in downwards market bitcoin trend and trails below the bitcoin price in an up-ward trend.

BTC/USD Crypto Analysis & Generating Signals

These will be calculated using the volatility to calculate where to draw the indicator - this is used to figure out what levels to set stop loss orders.

Upward Crypto Trend

In an upwards bitcoin trend these levels will follow below the bitcoin price. The trader can use either the short stop level line to set up a tight stop or the long stop level to set a stop loss order that is not very tight. As the bitcoin price goes higher the trailing level also moves higher. An exit signal gets generated/derived when bitcoin price crosses below these technical levels.

Trailing Stop Levels Technical Indicator in Bitcoin Uptrend

Bitcoin Uptrend

Downward BTC/USD CryptoCurrency Trend

In a downwards bitcoin trend the stop loss levels will trail above the bitcoin price these two levels can be used to set the stop loss levels. As the bitcoin price drops further these levels will continue to drop lower and follow the bitcoin price lower. An exit signal gets generated when bitcoin price crosses above these technical levels.

Trailing Stop Levels Technical Indicator in Bitcoin Downtrend

Bitcoin Downtrend

When bitcoin price starts to retrace these levels will not retrace but will remain at their levels, this will mean at some point the trade will be closed by the trailing stoploss order.

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