I am going to say this because I want to and also because, well, it needs to be said, even if no one pays attention.

The Simplicity of MACD / RSI Trading.

There are people out there that will try to convince you that trading is complex and you need to pay them to get their wisdom and to make Millions.

Some tools are complex but there are two things that will ALWAYS beat them all hands down.

MACD and RSI

For instance, This is the Weekly MACD, RSI for Bitcoin since Feb 2023

We can see where it crossed BULLISH ( were the yellow MACD crosses over the Red Signal line ) in Oct 2023 and hit a High in Late march 2024. When MACD hits a high, it is referred to as OVERBOUGHT

The real SELL signal was when that MACD line ( yellow) went back under the Siganl line (Red)

From the High to that intersection, I drew that dashed line and projected when this would turn towards being bullish again...

The MACD turned Earlier than that line meeting the neutral and the Give away that was about to happen was the RSI ( Blue) turning up a while before hand.. That is a Strong BUY signal

SO, this works on ALL timeframes and is used in ALL Markets for a good reason.

This is one of the oldest and most useful tools we have. And what is possibly more important is how these tools do NOT follow the PA. As we have seen, the BTC PA has dived up and down in this time, Bever really with any intent. You Check the RSI movements compared to the PA Rise and Falls.. But We boiw see MACD down Low, or OVERSOLD

Even on chain is a lagging data driven supplier of info ( though VERY VERY handy ). ALL tools show you what HAS happened. MACD, RSI and some view on how it worlds in the past can help you see possibly whats coming.

So, there you go.

Watch RSI and combine that with the MACD and off you go. This is my most used tool set and I am Still in profit.

Have Fun and only invest what you can afford to loose.