wma

📊 My favorite strategy for trading futures: RSI(9) + WMA(20)

Many traders buy as soon as the RSI enters oversold (<30) or sell when it enters overbought (>70). I don’t.

I use RSI(9) only as an alert for possible exhaustion:

🟢 RSI < 30 → Activates a possible buy.
🔴 RSI > 70 → Activates a possible sell.

The actual entry comes when the 20-period WMA changes direction:

✅ To buy: I wait for WMA20 to stop falling and start to slope upward.
✅ To sell: I wait for WMA20 to stop rising and start to slope downward.

This way I try to avoid entering too early and let the market confirm the momentum shift before opening a position.

It’s a simple strategy, easy to replicate, and it can be applied to BTC, ETH, indices, gold, and other futures.

What do you think? Does anyone use a similar confirmation before entering?

#BTC #$ETH #Trading #RSI #WMA

#cryptonews 🌎

9 weeks of S&P 500 growth came crashing down with a $2 trillion drop 🔪

Trump tried hard, but he fell short of making it to the IPO of his buddy Elon Musk's venture. Meanwhile, the crypto market got wrecked just as we predicted in our video, but the SpaceX IPO has already been oversubscribed.

The new head of the Fed has been blamed for yesterday's drop: with a strong labor market and rising inflation, he simply has no room to lower rates.

Previously, we discussed how Waller might navigate this through AI or a change in the inflation calculation method. We'll find out the odds on June 10: if prices keep rising, the markets might see another red week.

For #BTC , next week is crucial. We've already hit the first cycle bottom level at 200 #WMA ($61,800), but the stats suggest a potential drop to the 300 WMA ($53,900). If Trump doesn't manage to take down Iran on Monday, and inflation in the U.S. spikes on Wednesday – get ready for the best buying opportunity for BTC according to the cycle bottom indicators.

And the scenarios for the SpaceX IPO on June 12 and its impact on BTC