Not Advice. DYOR.
Using USDCNY (Caveat- LINE BREAK CHART & small sample size) See what happens when MACD signal line drops into negative territory. Significant support line for bitcoin price. See Oil and Gold price effect on support line. Will coronavirus shut down bitcoin mining in China? What will happen when Chinese market reopen. Is bitcoin about to explode? Bahhhhhh...........
As posted in previous postings "If market closes above $8930 and $9177.5 either one looks like could provide next level of critical support going forward, and replace current $7933.4" NOT ADVICE DYOR
Can MACD (line in blue) be sustained above zero. Caveat - small sample size. NOT ADVICE. DYOR.
Using Line Break charts. NOT ADVICE. DYOR. Plus one converted to Kagi Chart
8 Bear targets analysed - Caveat small sample size
Using MACD to spot patterns. Caveat - small sample size. Will an alignment favour bulls or bears. NOT ADVICE. DYOR.
CAVEAT - SMALL SAMPLE SIZE NOT ADVICE. DYOR. Trying to work out conditions that need to be met for a big downward move using "line break charts" and MACD. This weekly one show better what a green bar with a white vertical through it could do for bears
Will such timely alignment favour bulls or bears. NOT ADVICE. DYOR. From previous posts. For construction details view same.
See what happens when 120MA of 200MA cross (added indicator to 200 MA i.e. 120 MA). Caveat - small sample. NOT ADVICE. DYOR.
NOT ADVICE. DYOR.
Seeking key to manufacturing a sustained bullish move using Line Break Chart and MACD. NOT ADVICE. DYOR.
NOT ADVICE. DYOR.
My first study using #RENKO charts WOW! So revealing....(or not). You decide. NOT ADVICE. DYOR. NOT ADVICE DYOR
NOT ADVICE. DYOR.
NOT ADVICE DYOR. Caveat - small sample size. Here's the construction. You need BB %B indicator. Then do MACD on that indicator. Mark all instances signal line turns positive (yellow). Mark (white) first instance histogram turns red. If both these cross month end then mark that month end (blue). Box both months in white. Bulls need to push daily close above...
This post follows my previous post identifying set up. Caveat very small sample. NOT ADVICE. DYOR.
NOT ADVICE DYOR Close-up