Felix000
Short

#bitcoin another negative signal waiting to pounce Y/N

BITFINEX:BTCUSD   Bitcoin / U.S. Dollar
I've analysed the Histogam (yellow), MACD (blue), and Signal (brown). I've broken them up to show them as three histograms. I've colour coded all the highs, trough's, and zero crossovers. You will notice what happens when the signal histogram in brown which is below zero starts off on a fresh downward path at the same time as the histogram in yellow drops below zero, and I've marked the days with green downward facing arrows plus brown vertical in the chart above - I've left the most recent as a yellow vertical because it's the day when the histogram in yellow went below zero.

NOT ADVICE ALL STANDARD DISCLAIMERS APPLY. DO TOUR OWN RESEARCH.
Comment: It's possible that because the last fractal was a low the price then needed to make a higher high before the negative signals could start kicking in. Price is still above green trend line which is great.

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

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