Felix000

#bitcoin high $6,731.3 Sept 6th pattern relevance since Dec 2017

BITFINEX:BTCUSD   Bitcoin / U.S. Dollar
Whenever my signal line has been above zero and turned down (horizontal line in yellow) since Dec 2017 the market has never risen back above the high of the red candlestick . See what happened next. I guess it would mean a lot to bulls if it did.

The day has not ended but I'm assuming it more than likely the signal line will end its first day down since it went above zero.

Note my MACD settings are:-

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

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

For those not familiar with trading view you can drag chart to the right to get to Dec 2017 and see the other yellow horizontal lines.
Comment: It's been pointed out to me that I should have said yellow vertical line and not yellow horizontal line. Hope it was obvious any way. Sorry guy's.
Comment: Check out my latest charts posted

2 hours ago #bitcoin what Billionaire bulls need right now
and
Sep 12 #bitcoin one way ticket to hell Yeeeha! (CLOSE UP)
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