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Felix000
Nov 21, 2018 5:54 AM

#bitcoin when is it safe to buy? Not Advice. D.Y.O.R. Education

Bitcoin / DollarBitfinex

Description

When is it safe to buy. Not Advice. D.Y.O.R. Past performance is no guarantee of future outcomes. Different indicators and settings would give a vast array of different outcomes obviously.
See previous outcomes below:-





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Potential set-up developing but not confirmed. Will have to wait till close of day. Notes on chart


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Well we did not get the above signal - yellow box. Note that in my previous charts I was also using a custom MACD and not the default MACD in the chart above. My custom MACD is (Fast Length 6,Slow Length 12, Close, Signal Smoothing 31)

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My take on CRYPTO WINTER 2018/19 using Stoch on Monthly chart (6 months to reach lowest point in Stoch). I'm not saying this is the way to calculate what was reported in the media recently, but looks cool.

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Update to my previous post 21 November at start of thread above entitled "bitcoin when is it safe to buy?"
Previous charts show what happened previously after MACD and CCI flipped positive using BB% default settings plus Standard Deviation 3.5 to filter out sample

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Here is a picture with consecutive fractal lows added in. Will have to see how day ends because at the moment looks like my charts could end up with a black and yellow box combo on same days. Has not done that in 2018. With black box there has been no whipsaw in 2018 whereas with the yellow box there has (OK if only happens once per signal). Given that these signals have made a fortune in 2018 how reliable will they be again (as a combo maybe).

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Well here we are waiting for the moment of truth will it be straight out the box or whipsaw. There was to be no combo with a yellow box. Black box has 10 out 10 right so far this year. Wonder how far any breakout will go. Not Advice. D.Y.O.R.

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Update to my posts see notes on chart broke out bearish. Will yesterday's low turn into a bullish fractal low - traders always got to be flex & have strategy for whipsaw even though black box signal been right 10 out10 in 2018 Not Advice DYOR

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bitcoin ROC rate of change could be key indicator to halting this bear juggernaut. All notes on chart. Study sample based purely on consecutive Williams Fractal highs from Dec 2018. Not Advice. D.Y.O.R.


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Next breakout signal will be Hi Lo range 10-11Dec has 100% success No whipsaw yet on this signal but could always happen 2018

Market expects leg down So far Bulls got the MACD up & now Signal Line See previous posts for construct Not Advice DYOR

Signals 2018 (Black Box) 29-30Jan 11-12Feb 22-23Mar 9-10Apr 3-4 Jun 20-21Jun 30Jun-1Jul 20-21Aug 21-22Sept 16-17Oct 2-3Dec (Yellow Box) 25-26Jan 10-11Feb 21-22Mar 5-6Apr 18-19Apr 28-29Apr 23-24Jun 27-28Jul 13-14Aug 22-23Sep 12-13Oct 20-21Oct 10-11Nov Next signal forming 10-11Dec

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Comment: Update bitcoin breakout see notes on chart, and notes on chart at the top of this thread

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#bitcoin update broke out box. Thought to publish visual of all box signals 2018 referred in my previous posts with construct details. With orange box breakout has to be close Yellow allowed one whipsaw per signal Black none seen yet. Not Advice DYOR

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