hello steemians ,At this post I will show you how to use 2 very useful indicators on bittrex that they helps us predict if the price is going up or down. I use it for my daily trades and it helps me a lot. You can find the indicators, at studies menu at bittrex.
Click on the bollinger band button and then create.
Then click on the RSI and create again.
Now you are ready to use them!!!
When the upper line of the bollinger band is touching the green candles the price soon will fall. It is better to wait till the candle finish. if the new candle is also green and touching the upper line then you sell.
When the down line is touching a red candle the price soon will go up.do the same proccess as before, wait till the second candle to be sure if you should buy or not.
With the RSI we can see the overbought and ovesold of the coins.
when the line between overbought and oversold, goes above the overbought line you sell
when the line between overbought and oversold, goes below the oversold line you buy.
The best way to predict is to use the combination of both indicators.
If you know how to use the and be patient, you will earn good money. Today I have sold and bought my steem over 5 times. My profit is about 35 % of the steems I deposited. Not bad at all for me :)
thanks man very helpfull guide!! 4 months late but hope my upvote counts !!
nice job!
Great article. Thanks Man
Good post! The last part is a little bit confusing and could be improved with some details. Which line is the oversold line? Can you give a clearer example of this in action?