A stochastic oscillator
The Stochastic Oscillator (Stochastic) is obtained by
calculating the exponential averages from the % K index, which is a current rate of the cryptocurrency.
To analyze this oscillator, it is necessary to determine the
levels of overbought and out-sell. The overbought level is usually set at 90%
and the selling level at 10%.
a stochastic oscillator.
A buy signal is generated when
the ratio increases above the sell-out level and the averages cross.
The sales signal is generated when the indicator drops
below the overbought level. As you can see only buy signal is reliable when it comes to Bitcoin.