Ultimate Oscillator Bitcoin Analysis & Ultimate Oscillator Technical Signals

Originally developed and used to trade stocks & commodities markets.

This oscillator tries to find a middle ground between early signals and late signals given by common technical indicators.

• Leading - some indicators lead the btcusd market and give signals earlier than the ideal optimum time
• Lagging - some indicators lag the btcusd market so far that half of the move is over before a signal gets generated.

Oscillators balance speed and delay. They aim to signal at the right moment. That's why they carry that name.

This btcusd indicator looks at 3 different candlestick patterns and calculates the combined values of bitcoin price changes from these patterns, showing the results on a scale from 0 to 100. Values above 70 are seen as overbought, and values below 30 are seen as oversold.

The timeframe periods used to calculate ultimate oscillator trading are 7 periods (short term trend), 14 periods (intermediate term trend) and 28 periods (long-term trend).

Bitcoin Crypto Currency Analysis and Generating Trade Signals

This Bitcoin technical indicator can be used in generating buy and sell trading signals using different methods.

Center line Bitcoin Cross over Trade Signal

Buy Bitcoin Signal - readings above 50 center line level

Sell Bitcoin Signal - values below 50 center-line level

Center line Bitcoin Cross-over Signal

Overbought/Over-sold Levels in Trading Indicator

Over-bought - levels above 70 - sell bitcoin trading signal

Oversold - levels below 30 - buy bitcoin trading signal

Divergence BTCUSD Trading

Oscillator-based trading can also be effectively used to identify divergence signals: an illustration of a classic bearish divergence instance follows.

Technical Analysis

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