A new study to add to the many I've done. Used CCI in log scale which revealed some interesting insight because all year these are the only two occasions with this much and the same amount of choppiness. The last time it was bullish. Could it repeat. My only worry at the minute is that my last key signal was bearish.
Is this the secret to next big buy/sell signal (UPDATE). Question if histogram ends lower than 9th Oct, in which case would add the final green vertical to my chart, and RSI ends below first green vertical of 49.8317 would that be a buy signal. The green and purple DNA of the Histogram matches two other recent occasions but they signalled tops. You will find all...
Here's my latest observation, and below comparing December's example. 50/50 price finds support and my to the moon charts/arguments remain intact. Some of my bearish charts/arguments still have 50/50 chance too.
Here is the daily chart of gold 2.09% and bitcoin -4.83% . Notice my use of Aroon 1 (blue) 11 (brown). Notice the correlation with Bitcoin -4.83% when brown Aroon hits 100. Have boxed in volatility to nearest Blue Aroon at 100. The Aroon is done using the Gold 2.09% chart. I've superimposed the brown Aroon on bitcoin for better clarity. Note that move could also...
#bitcoin bull bear watch don't get caught out. A new take on signals I've been following much of 2018.
Looks 50/50 between bulls and bears right now. I've taken futures expiry and found what appears like good price pattern matches.
PART 2 of a new take on signals I've been following much of 2018.
Bull pushing higher and WOW if they can only break new highs would be fantastic. Here's a worry but bear in mind that it's only experimental. If all patterns are just consolidation areas in a much larger picture then at some point all patterns break up - break out of a box. This study is not intended to supersede any previous study. Bitcoin still looks 50/50 ew...
#bitcoin has seen bottom - exclusive here's an new BULL side argument. Chart Construction:- 1. Box with yellow border the last two fractals of each month. 2. Add a purple vertical line denoting the last fractal of the month. 3. Box with light blue border the first two fractals of each month. 4. Link within green box yellow boxes (end of month fractals)...
#bitcoin new study using Fib Extensions plus first day of month low, plus trend lines from a lower low, and fanning out from a higher high (marked in light blue). Multiply by Fib. 1.618 the low of first day of month less previous high on the close (not the high).
I'm thinking that for bitcoin to bottom on the weekly chart it may need to make a consecutive weekly Williams Fractal low. A higher weekly high now could be one step nearer to getting it done quickly.
Did a review of an older study, and updated it. Top of box $7,165.
Potential H & S maybe otherwise still looks 50/50 between bulls and bears.
Another worst case scenario using Ichimoku Cloud
This may be one answer, or, is it to early to use ?
Just for fun but this time with 4 hour chart. The customised MACD only uses the Signal Line.
Just for fun (UPDATE) 1% own over 50% of bitcoin and they got no power HA! HA! HA! What price is power? Is dog wagging tail or tail wagging dog? Bitcoin bull maniacs now looking to Doom mongers for a saviour to get them above $20,000.
Just for fun. Games with 200 MA Daily was such fun thought I'd try it with 28 MA Weekly (that's 200/7 for comparison with daily) The bull set ups are what interest me. Can they be replicated? I don't know. They are just observations at a time in crypto when those who got the most media attention and audience can say and point to anything and it's got a 50/50...