XzeroR3

BTC Decline is Accelerating

BITSTAMP:BTCUSD   Bitcoin / U.S. Dollar
146 4 3
MACD crossing sections are showing a speed up in declining trend lines .

This is my first published Idea and I am new to Trading View / Investing. I apologize in advance for not using the correct terminology.
Comment: The vertical lines marked where the EMA 12 and 26 cross and mark a significant decline. Additionally the vertical lines are shorter in distance in each cycle.
Comment: Seems the angle was too steep on the current trend line, looks like the brakes have been hit, waiting for the next MACD crossing to see where this goes.
How are you establishing your vertical lines? I agree on the continue downtrend.
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XzeroR3 omar.banuelos
@omar.banuelos, The vertical lines are on the MACD crossings where the EMA 12 and 26 meet.
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@XzeroR3, How are you approximating the next cross?
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XzeroR3 omar.banuelos
@omar.banuelos, It's speculation for me, hence the "?", I'm not sure how to do the math to prove where the line should go.
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