In this video I discuss on-chain data analysis and a new indicator called NVT Studio. The video explains different strategies for incorporating on-chain data analysis into Bitcoin trading.
The first strategy mentioned involves using trend lines on the daily chart based on the pivots of the Network Value Transaction (NVT) indicator. By connecting the tops or bottoms of the NVT indicator, you can identify potential reversal points and take advantage of the market movements.
The second strategy focuses on using the NVT indicator in oscillator mode. The indicator displays small dots in yellow and orange, which indicate potential reversals in the NVT values. There are also larger dots in green and red, which signify stronger reversal signals. By observing these signals, you can make trading decisions based on the network transaction data.
The third strategy combines trend lines with the NVT oscillator. By drawing trend lines on the NVT oscillator and waiting for confirmations, you can identify potential shorting opportunities. This strategy aims to take advantage of market movements based on the NVT indicator and trend lines.
Overall, the video suggests that incorporating on-chain data analysis, specifically the NVT indicator, can provide valuable insights for Bitcoin trading. The indicator helps identify potential reversal points and provides signals for both long and short trades.
- 00:00 Intro
- 0:59 What is Network Value Transactions (NVT)?
- 1:38 How to access NVT studio for FREE?
- 2:30 Strategy 1/3: long-term & effective swing trading
- 5:49 Strategy 2/3: mid-term high reward swing trading
- 8:56 Strategy 3/3: NVT triple confirmation swing trading
- 10:13 How is Bitcoin now in terms of NVT?
