The Best FREE Indicators for Trading Bitcoin

? CHECK OUT MY NEW INDICATOR http://www.profitsniper.co ?http://www.bybit.cm GET $300 if you deposit 1 btc ⚒️https://mineablock.com/ Start Mining Bitcoin ?Join my FREE Bitcoin trading Group http://t.me/keithwareingofficial ? Read my Top 3 FREE Bitcoin Indicator Blog here https://www.keithwareing.com/crypto-blog/top-3-free-tradingview-indicators-for-trading-bitcoin-on-bybit/ Top 3 Free Indicators for trading Bitcoin on Bybit Over the last few weeks I’ve been experimenting with trading indicators as well as using my secret weapon (fxstreet price analysis) to make an absolute packet on Bybit. In fact I have managed to trade up 0.2btc to nearly 10 bitcoins over a 2 month period. This isn’t just dumb luck though, I did this by using the tools made available for free on tradingview. The first indicator that I have found to be useful is quite possibly the easiest to use for identifying support and resistance, so that’s the won’t I’ll kick this blog off with. Bollinger Bands This is a volatility indicator that consists of 3 lines. The outer lines plot out 2 different deviations on opposite sides of the price action. Each of the two lines represent support and resistance respectively, and the red line in the middle represents the moving average. Support is the price it struggles to break past on the down-side. Resistance is the price it struggles to break past on the up-side. However it can’t tell you which direction, so Bollinger Bands alone only tell part of the story. Which is why you need something else to help you gauge the trend. Relative Strength Index (RSI) The RSI indicator is what’s known as a momentum indicator. This indicator tells you when something is either overbought or oversold. When bitcoin is oversold, it usually means it’s due a reversal to a bullish trend. When bitcoin is overbought, it means that bitcoin will soon flip to a bearish trend. The RSI uses a single line which has a scale of 1 – 100. If the market is reading over 70 it’s an indication that bitcoin is overbought, which the reading is under 30 it means that bitcoin is oversold. Moving Average Convergence Divergence (MACD) The 3rd and final indicator on todays post is the MACD which is a trend indicator which consists of a fast line, a slow line and a histogram, which are made up form the MA-fast MA-slow and MA period. Like the RSI the MACD is plotted on its own scale The MACD is a little more difficult to grasp than the Bollinger and RSI so take a moment to understand it as this make or break the retail bitcoin trader. ? Secure your Crypto with a Ledger http://www.keithwareing.com/ledger ? Join my Telegram Chat http://t.me/officiallykeith ? Tweet Me http://www.keithwareing.com/twitter ⚠️DISCLAIMER ⚠️ All content I upload to YouTube is for information and entertainment purposes only. I am not a financial advisor and this is NOT financial advice. Investing in bitcoin, cryptocurrency or any other products recommended on this channel is risky AF and you’ll most likely get REKT. If that happens, you’re on your own pal, don’t so I didn’t warn ya!! You can stop reading this Bitcoin investment disclaimer now…. Seriously, no need to keep reading…. I’m going to write BITCOIN in BIG letters so that YouTube recognises that this video is a Bitcoin and Crypto related video so I rank better. Jesus, why are you still reading this?? It’s on every video description, it’s not like it’s new!! But whilst you’re here you should probably subscribe ?CLICK BELOW TO SUBSCRIBE TO THE CHANNEL? ? https://www.youtube.com/keithwareingofficial/?sub_confirmation=1