Bitcoin Whitepaper explained

This is one of the best explanations I found online

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OMG

Changing a bit of my style from previous analysis. using MA as a gauge to see if we can play long term or not.

Above MA 8 : Yes+ 1

Above MA 21 : Yes + 1

Above MA 55 : No +0

Above trend line : Yes but only barely : 0

Can only play short term .

RSI : 66 + 1

STO : 70 – 1

 

omg rsi sto

Score : 2/6

 

Eth Trading

Above MA 8 = +1 bullish

Above MA 21= +1 bullish

Above MA 55= -1 bearish

ma-eth

RSI – 53  : 0 neutral at 53

Stochastic 85, 88 : -1 overbought

Above trend line = 0 neutral  – Just spiked through bullish trend line and tethering on the edge

eth-rsi - sto

Total : 0/6 points to long

Action : Do nothing.

How to calculate average price

Hypothetical situation where I buy 10 litecoins at $50 and then i sold 5 litecoin at $300 and then use the proceeds to buy bitcoin cash 1 for $1500

1. Average price of 10 litecoin = $50

2. After selling 5 litecoins at $300

($500 – $1500) / 5

= -$1000/5

= – $200 -> I cannot lose any more on Litecoin now since i sold half at 5X profit

3. Average price of Bcash = $1500