New study using my custom signals. See previous posts for construction. What first struck me with my latest signal was that both days had opposing fractals. Only happened one other time this year. You can check the match for yourselves. This time the patterns appear to be forming in reverse – a signal to get ready to take a long position maybe. More then one way to trade these signals (in combination with others maybe), but you got to work it out for yourselves.

Bitcoin             price has recently been defying gravity             and that is probably why volume so low. The retail side has been snuffed out. This suggests to me that its industry insiders what’s propping it up. Reason: with many new industry competitors and fixes due to come on stream over the next 12 months could it be that bitcoin             has now become too valuable a “bell wether” to let fall below key support levels? Will see. Next week is bitcoin             anniversary, what a party it could be, and more if Global markets rebound.