In 2020, $ETH moved above its 200-day average and started to perform better than $BTC, which was followed by a strong rise. Now, $ETH is again trading above its 200-day average. Could this signal a similar upward move?
All reporting has been automated, and my Telegram bot now receives the reports I need. I recently completed a work on Z-scores and normalization processes in time-series data, comparing market performance with my own portfolio.
"Financial analysts are betting that companies with well-managed intellectual capital will be market leaders for years to come, regardless of where they are today, and are valuing companies accordingly." -@BillGates
I consistently declare that I won't use leverage each time and make decisions accordingly. It's necessary to update these decisions. Therefore, I believe it would be beneficial to write a procedure regarding leveraged transactions.
$BTC.D broke the resistance level from 2017 within an ascending trend and continues to rise. RSI and other indicators on the daily chart show reversal signals. Will it test the resistance level (green line)? #bitcoin shows different patterns. Market direction remains uncertain.