This is a swing strategy based entirely on external data , where in this case we use BTC HASHRATE coming from Glassnode Its made to be used with 1Day Timeframe, and can be used with all the alt coins which are correlated with BTC asset
The strategy is simple We take the weekly hashrate data , and we make a moving average out of it.
Once we have a cross up with the current weekly hashrate with the ma one, we have a long Once we have a cross down with the current weekly hashrate with the ma one, we have a short
We exit when we either had 3 bearcandles in a row or a bull candle for long We exit when we either had 3 bullcandles in a row or a bear candle for short