#bitcoin when to buy made easy. Not advice. D.Y.O.R.
Updated
First thing you need is my custom MACD (6, 13, close, 31). Then just use signal line. Mark all first days up from a bottom with light blue vertical. Then set up RSI use default. Have marked with purple vertical when big drop in price touches lower green horizontal level. Only one allowed (I guess) between two light blue verticals. Once you done I looked for two fractals, the last being a lower low and boxed in orange. I then took the first light blue vertical after that, and the high of that day was the significant resistance to break with a close above it. Simple but deadly. Watch out for whipsaw. Not advice. DYOR.
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Bitcoin ticking up like prelude to another S&P500 drop maybe NOT ADVICE. D.Y.O.R.Comment
Same yellow box maybe forming as 22 September. Will depend on whether S&P has peaked. If by the end of today 10th Feb market closes down then that will confirm a yellow box. Then go with breakout or whipsaw. Have included other yellow box signals on chart. Not Advice. DYORComment
Well yellow box did not happen so I got to stay bullish for now and stick with the breakout which happened 8th Feb. Would need review if price suddenly broke down below $3,475.3Comment
Want to know what this chart is about see my latest post Comment
Want to know more see my latest post Comment
Here's another of my posts that was missedComment
Thought I'd take a look at the weekly using a 4 wk averageComment
Notice Parabolic SAR just touching 20MA can compare with match described above 13 Apr and 9 Feb Not Advice DYORComment
WOWComment
Will bears succeed in taking out 20 MAComment
What I like about this comparison is the trend line with the 20MA running along side it.Comment
Latest post: The truth about #bitcoin shorts using 20MA. Using peaks of 20MA bitcoin shorts to see if good support areas Not Advice DYORComment
Copy of new post "Still a bull run opportunity? YES but guess what...details on chart"Comment
Made a small error. Had originally grouped boxes using shorter MA than 20MA which was still interesting but here is what best illustrates how small square can work its way into something big just by staying above or below 20 MA and using those vertical signal pointsComment
Done some research to find out what the market may be thinking when my histogram goes red four days after green and still closing above 20 MA. Here are two charts. Will it be different this time? Comment
Then again market hasn't closed yet so will have to see if close above 20MA and Histogram stays dark red.Comment
Worth checking out this indicator when it spikes like below. Could be a bad omen Not Advice DYORDisclaimer
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