Simple & Profitable Bitcoin Trend Trading Strategy

Bitcoin tends to trend both up and down for really long period of times. It is a trending asset because it is a new asset full of price discovery.

I these trends are largely due to the market cycles of Bitcoin of having the halvening of the miners awards rewards every four years. This is causes periods of both bull markets and adoption and then bear markets in Bitcoin.

This bitcoin trend following method for beginners and experienced traders alike will increase your bitcoin holdings accumulating more and more bitcoin as time goes by.

I really hope this strategy is something that could really be instrumental in your Bitcoin trading, it really defines the trend in an easy to follow and effective way helping you follow the trend of bitcoin with seemingly ease.

Now most of you recognize this chart without even me telling you what it is and it is a chart of Bitcoin on the daily timeframe, over the last couple of years.



Alright in order to trend follow Bitcoin we are now going to pull up a 12 hour chart and look at Bitcoin the exact same chart pattern that we originally look at but on the 12 hour timeframe. This is ideal for Bitcoin trend following.

As soon as you see this I am convinced that you’re going to understand why this is exactly the way that you need to follow and trade Bitcoin. There’s no other way that you’re going to be able to always be holding bitcoin during its most efficient trending periods and be on the sidelines when it is in a down trend.

Does your trend indicator repaint?

It does not repaint.

Here the link to add the indicator to your charts and explore.
https://www.tradingview.com/script/H...ing-Investing/

Of course have fun with it but the settings and method I outlined in the video above is ALL that you need.

Thanks for sharing this trend indicator Kenobi. Did the EntryCCI catch BTC's most recent rally?

The current trend of BTC is down (H12).



If price does get above the 100 day moving average on the daily time frame, proving that buyers have more in them for a possible move even higher, you will see the TrendCCI at the same time turn positive more or less at the exact same time on the H12. Until then, price is at resistance and the trend is still down.

The True Trend as outlined and described for for this strategy is not for trading in and out on a daily basis. It is not looking to capture spikes up or down or normal price fluctuations. It's purpose to capture the long term trend keeping you on the right side of the market and hopefully having to take as few trades as possible per year to do it.


The EntryCCI is explained here, video set to exact time the explanation begins for you

This is NOT the strategy outlined in this thread. These True Trend settings are used for trading in and out of instruments on different time horizons. Sounds maybe more of what you are looking for.

This method did catch the recent move up. Again, it is used for trading in and out and not solely to capture and ride the long term trend.



It also would had taken another long position with the EntryCCI at $9518 with a stop loss at $9177.



But that is a different strategy and I do not want to stray from the thread's topic any further.

I do hope that clarifies and is helpful.

Cool I'll check it out, thanks.

Thanks for the update. How did the TrendCCI perform on the 4H chart October 25?

Short entry would had been on Sept 13, 2019 @ $10,386


Exit would had been on Oct 25, 2019 @ $9,600


Total = gain of $750

Outstanding but here is the thing.

Trading the 4 hour time frame requires 6 active signal periods a day which makes sleeping difficult.
The lower time frames may help you can catch trend changes earlier but at the same time they are choppier with much more noise.

This strategy is traded on the 12 hour time frame. That is all you need. Simple & profitable.

The only thing anyone needs to do to be on the right side of the trend of bitcoin increasing their holdings accumulating more and more bitcoin is follow the strategy as outlined in the first post.

Easy to follow, easy to trade and easy to profit from.

Only ask yourself, can you?

Traders are often looking for a better way instead of using something that works.

True Trend BTC is still currently negative showing a bearish trend in place. We are on the sidelines waiting to buy when the True Trend BTC turns positive on the H12.

True Trend BTC download on TradingView.

Here is a look at BTC today using this strategy, 17:52

Hi,
I would like to ask the Trend Trading Strategy, just for Bitcoin or can use it with forex

Bitcoin as a new asset class full of price discovery tends to trend for long periods of time.

Currencies are much more mature and behave differently.

Here is the True Trend indicador for Forex along with the different settings and how to trade it.

On the YouTube channel you will find a Weekly Forex Forecast using the True trend for currencies along with daily live streams during the week to trade Forex.

The truth is there is lots of fear in the market right now but if you take a step back you get a much clearer picture. In this video I am going on the record to give my Bitcoin price prediction.