TRIX Bitcoin Trading Analysis & TRIX Trading Signals

Developed by Jack Hutson

TRIX is a triple smoothed oscillator that's designed to eliminate spikes that cause whipsaws in the calculations, these spikes or market cycles that are shorter than the selected indicator period used to calculate & draw are ignored.

TRIX is an oscillator that oscillates above and below a center line mark. The center line level is used to determine bullish and bearish trends. TRIX will measure the momentum of an up bitcoin trend or a down btcusd trend. Above the center-line shows bullish trends and below center-line shows bearish trends

Bitcoin Analysis & Generating Trading Signals

Bullish Buy Trading Signal

A buy cryptocurrency signal can be generated using two techniques:

• The first one is the center-line cross-over signal where values above the line are bullish.

• The second one is used to generate a signal when the signal line crosses above the TRIX line.

Bullish Buy Trading Signal

Bearish Sell Trading Signal

A sell cryptocurrency signal can be generated using two techniques:

• The first one is the center-line cross-over signal where values below the line are bearish.

• The second one is used to generate a signal when the signal line crosses below TRIX line.

Bearish Sell Trading Signal

Divergence Crypto Trading

Divergence can be used to generate cryptocurrency trading signals. Traders can look for divergence between bitcoin trading price & the indicator & decide which direction to trade.

Divergence Crypto Trading