#bitcoin not another pattern

Bitcoin / Dollar BITFINEX:BTCUSD


If chart not showing due to tech fault right click right side and left click Re-set price scale to adjust.

Notice when signal line falls below zero (red vertical) first fractal made has been key to where market heading. Careful though because sometimes has made consecutive fractal lows and could do consecutive fractal highs as well.

Next note the Fib levels of the previous moves and note the bars where 23.6% was located. Could be useful in trying to judge extent of next market move.

I’m assuming my signal line will end below zero today

Note my MACD settings are:-

Fast Length 6
Slow Length 13
Source: Close
Signal Smoothing 31

Then again anything possible in crypto market.

NOT ADVICE. ALL STANDARD DISCLAIMERS APPLY. DO YOUR OWN RESEARCH.

By admin