Felix000

#bitcoin SANTA RALLY maybe coming Are you watching Santa

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Felix000 Updated   
BITFINEX:BTCUSD   Bitcoin
Construct details on chart - go to the first at start of year. Note market expected to break lower first. Not Advice. DYOR. Futures expiry next week. Will update.
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Just for fun started with this chart to track down Santa and his shitload of bitcoins. Note that the waiting could drag us into December. There is also always that chance of missing a move too. Industry insiders could try ambush Santa
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Just did this one again. The notes on the chart were fine but the green and red arrows of the second were done wrong
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Added some more notes to this one because although the last signal was decided by the yellow box the Set-up had broken out the pink box both ways. I have added an idea which could settle the problem in future when there is no yellow box
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Lots of talk by seasoned traders and CTA's about a severe breakdown in technicals, and not a time to be a hero trying to "catch a falling knife" let alone trying to do it by trading on margin. Thought I'd include some stuff not broke yet. It doesn't mean previous record has to be broken for a recovery but then when something currently has less than zero value in real terms many people must now believe going forward you have to press game reset button.
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Note to above: Would be great to see MACD Histogram flip to green bar and ROC flip above zero
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Potential set-up developing but not confirmed. Will have to wait till close of day. Notes on chart
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Well we did not get the above signal - yellow box. Note that in my previous charts I was also using a custom MACD and not the default MACD in the chart above. My custom MACD is (Fast Length 6,Slow Length 12, Close, Signal Smoothing 31)
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My take on CRYPTO WINTER 2018/19 using Stoch on Monthly chart (6 months to reach lowest point in Stoch). I'm not saying this is the way to calculate what was reported in the media recently, but looks cool.
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Update to my previous post 21 November entitled "bitcoin when is it safe to buy?"
Previous charts show what happened previously after MACD and CCI flipped positive using BB% default settings plus Standard Deviation 3.5 to filter out sample
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This is an update of my Santa Rally post. This black box signal idea is better than the yellow box signal above because it has demonstrated no whipsaw this year. Will it continue to work. Not Advice. DYOR. This black box signal could be critical because its looking like next leg could be down. Hopefully more signals will come in before then.
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Here is a picture with consecutive fractal lows added in. Will have to see how day ends because at the moment looks like my charts could end up with a black and yellow box combo on same days. Has not done that in 2018. With black box there has been no whipsaw in 2018 whereas with the yellow box there has (OK if only happens once per signal). Given that these signals have made a fortune in 2018 how reliable will they be again (as a combo maybe).
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Well here we are waiting for the moment of truth will it be straight out the box or whipsaw. There was to be no combo with a yellow box. Black box has 10 out 10 right so far this year. Wonder how far any breakout will go. Not Advice. D.Y.O.R.
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Update to my posts see notes on chart broke out bearish. Will yesterday's low turn into a bullish fractal low - traders always got to be flex & have strategy for whipsaw even though black box signal been right 10 out10 in 2018 Not Advice DYOR
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bitcoin ROC rate of change could be key indicator to halting this bear juggernaut. All notes on chart. Study sample based purely on consecutive Williams Fractal highs from Dec 2018. Not Advice. D.Y.O.R.
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Next breakout signal will be Hi Lo range 10-11Dec has 100% success No whipsaw yet on this signal but could always happen 2018

Market expects leg down So far Bulls got the MACD up & now Signal Line See previous posts for construct Not Advice DYOR

Signals 2018 (Black Box) 29-30Jan 11-12Feb 22-23Mar 9-10Apr 3-4 Jun 20-21Jun 30Jun-1Jul 20-21Aug 21-22Sept 16-17Oct 2-3Dec (Yellow Box) 25-26Jan 10-11Feb 21-22Mar 5-6Apr 18-19Apr 28-29Apr 23-24Jun 27-28Jul 13-14Aug 22-23Sep 12-13Oct 20-21Oct 10-11Nov Next signal forming 10-11Dec
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Comment: Update bitcoin breakout see notes on chart, and notes on chart at the top of this thread
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#bitcoin update broke out box. Thought to publish visual of all box signals 2018 referred in my previous posts with construct details. With orange box breakout has to be close Yellow allowed one whipsaw per signal Black none seen yet. Not Advice DYOR
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