Bitcoin (BTC) Trading: Two Indicators That Could Have Made You 626% ROI During The Recent Bloodbath

2018-8-23 18:00

Bitcoin (BTC) is down 68% from its all time high of $19,665 which looks bad for those who had been holding since then. However, for those who have been trading, even just the monthly plays could have easily made a 626% return on their investment with the help of two simple indicators.

Those indicators are the 5 EMA and 10 EMA as can be seen on the daily chart for BTC/USD above. These indicators have been signaling the direction of every bullish and bearish wave throughout the correction period.

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