TRIX Bitcoin Trading Analysis & TRIX Signals
Developed by Jack Hutson
TRIX is a triple smoothed oscillator that's designed to eliminate spikes that cause whipsaws in the calculations, these spikes or market cycles that are shorter than the selected indicator period used to calculate & draw are ignored.
TRIX is an oscillator that oscillates above & below a center-line mark. The centerline level is used to figure out bullish and bearish trends. TRIX will measure the force of an up bitcoin trend or a down btcusd trend. Above the center-line shows bullish trends and below centerline illustrates bearish market trends
BTCUSD Crypto Analysis & Generating Signals
Bullish Buy Signal
A buy cryptocurrency signal can be generated/derived using two techniques:
- The first one is the center-line cross-over signal where readings above the line are bullish.
- The second one is used to generate a signal when the signal line crosses above the TRIX line.
Bullish Buy Signal
Bearish Sell Trading Signal
A sell cryptocurrency signal can be generated/derived using two techniques:
- The first one is the center-line cross-over signal where readings below the line are bearish.
- The second one is used to generate a signal when the signalline crosses below TRIX line.
Bearish Sell Signal
Divergence Trading
Divergence can be used to generate crypto signals. Traders can look for divergence between bitcoin price & the indicator & decide which direction to trade.
Divergence Trading
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