A trading strategy focused on monitoring stock price accumulation and distribution zones has shown improved accuracy after a recent adjustment. The strategy, which struggled to identify local lows, was enhanced by modifying a calculus variable, significantly increasing confidence and backtest performance.
Current tests indicate that Bitcoin (BTC) and Ethereum (ETH) have entered local low zones between $84,000 and $94,000, suggesting limited short-term downside barring unforeseen events. Additionally, Ethereum is expected to outperform Bitcoin at the start of the year. Meanwhile, local highs have been identified for Google ($GOOG) and Apple ($AAPL), while Lululemon ($LULU) has moved away from its bottoming pattern. The strategy operates on a weekly timeframe, providing stability amid market dynamics, with ongoing testing planned for the next six months.
Trading Strategy Update: BTC and ETH Enter Local Low Zones
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