General Chat
BTC looking bullish on the 4h chart. I'm seeing a potential breakout above the 50-day MA.
Anyone looking at that ETH/BTC ratio? Seems like we might see some outperformance soon.
Just opened a long position on SOL. Technical indicators are strong and the ecosystem growth is impressive.
Looking at the TOTAL market cap chart, we might be entering a new phase of the bull market. Keep an eye on altcoin dominance.
Trading chart will be displayed here
// JavaScript Trading Script
// Simple Moving Average Crossover Strategy
function initialize() {
// Define indicators
this.sma1 = SMA(14);
this.sma2 = SMA(28);
}
function onTick(data) {
// Get current price and SMA values
const price = data.close;
const sma1Value = this.sma1.calculate(price);
const sma2Value = this.sma2.calculate(price);
// Check for crossover
if (sma1Value > sma2Value && this.prevSma1 <= this.prevSma2) {
// Buy signal
return { signal: "buy", price: price };
} else if (sma1Value < sma2Value && this.prevSma1 >= this.prevSma2) {
// Sell signal
return { signal: "sell", price: price };
}
// Store previous values
this.prevSma1 = sma1Value;
this.prevSma2 = sma2Value;
return { signal: "neutral" };
}
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Can you analyze BTC price action for the last week?
Based on the last week's data, Bitcoin has shown a bullish trend with increasing volume. The price has broken above the 50-day moving average, which is typically a positive signal. There was significant resistance at $24,500, but once broken, we saw a quick move to $26,000. Support levels appear to be forming around $25,200. The RSI indicator is at 68, suggesting strong momentum but approaching overbought territory.