Quartz-

BTC 4 hour - we're in the middle 13 percent either way ?

Short
Quartz- Updated   
BITFINEX:BTCUSD   Bitcoin
New set of oval references to watch how the indicators reflect with price, and will discuss these. There's more to it than that, we have to consider other time frames also, ie the Daily. But this one is specifically for the 4 hour, and the artwork is bias to where I believe the 'normal' flow will go to include how volatile the market is acting. Bitcoin will always surprise flux. Give me a few moments I'll plug in the first indicator update, there will be the normal set of 4. I will be updating this chart for a few days, like I have been with the last few charts. Sadly although we might have a spike upwards still, I'm switching temporarily, Bear country.
Comment:
Price first bar of the new trading day Thursday
MAC'd .. Does it look like it's going down? yup
RSI & MFI .. dwindling .. rsi should move downwards
ADX & DI .. Bear trend only .. Black flux seems to have reset ..
Comment:
1/2 way thru thur 30th trade day update.. set of 4
Price
MAC'd
RSI & MFI
ADX & DI .. generally in this case, there's no trend, and eventually....the Black Flux line is gonna take hold of one of them. High chance to see a little crisscrossing first before it takes off trending in one direction or the other.
Comment:
Set of 4
Newest bar for the beginning of Friday's trading round.
everything has entered into the red ovals. I think price will also.
Price ...
MAC'd ... yes, it is still going down, and a possible flux on the last red dotted line
RSI & MFI .. It's time for the RSI purple to pay tribute to sub=30
ADX and DI .. Here comes the black flux line
Comment:
set of 4
Saturday starts with this bar
Price ..
MAC'd .. that flux has taken place on the last red dotted line, seems like it might bounce down from that ceiling.
RSI & MFI .. advise to use other time frames to help gauge nearterm direction, I see it as rounding over a bit to the downside.
ADX & DI .. is it green's turn, not necessarily.. bear trend simmering down, and it's still trending at this time.
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