in its decades-long study series that average investors significantly underperform the market, and they would be better off just putting their money into the S&P 500 stock index.
The linear regression channel is a technical indicator that shows the trend channel within which the price of an asset fluctuates. You can find this indicator on charting sites and platforms such as TradingView, which we’ll use for this example. Howard Greenberg, cryptocurrency educator at Prosper Trading Academy, said the linear regression channel is best for so-called swing trades, which aim to profit off price swings over a period of days or weeks.
“When looking to enter a trade I am looking for one of two things, either a coin trading at the bottom of the linear regression, as we see the candles tend to return towards the median line, or I will enter a trade after confirming a break through that median line, as we often see dramatic moves through that median line area towards the top line on the overlay.”
“When the score is low, it generally indicates that prices will eventually begin to trend up. When it’s high, it’s a signal that the overall market is prime for a correction. When used together with other indicators, it becomes more powerful and insightful.”Moving averages are calculated from an asset’s past prices for a certain period of time. The most-used timeframes are 50-day, 100-day and 200-day, though moving averages can also be calculated in weeks.
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