Felix000
Education

#bitcoin significant trend line established key support maybe

BITFINEX:BTCUSD   Bitcoin / U.S. Dollar
Using studies of Wiliams Fractal and my custom MACD (6,13, Close, 31) colour marking moves of all its constituents for clues. Not Advice. DYOR.

Biggest threat to bitcoin in January could be e.g. "CBOE Ten Year Treasury Note Yield" ( TNX ) complex. Big moves have affected bitcoin at significant junctures in the past. If its volatility can be contained sufficiently that would be great maybe.



Comment: Enclose chart illustrations of my TNX point above

Comment: #bitcoin using Custom MACD (6,13, close, 31) see blue columns above & pattern only 2 occassions this year. So trend line holding up but in absence of my other signals I got to go with the 31 Dec close which ended lower than 30 Dec open Not Advice DYOR

Comment: Price may not have closed yet below my orange support lines of $3832 & $3714 but for now the bullish trend line is looking dangerously broken. Worst month for these signals since DEC 2017 was OCT 2018 got whipsaw (see previous charts for construction). Not Advice. DYOR
Comment: So many bear signals. Bulls struggling. See chart. For signal construction see previous posts. Not Advice. DYOR
Comment: #bitcoin SELL SELL SELL MAYBE. Check yourself. Construction mark all consecutive Williams Fractal highs both must show MACD Histogram in green >0 boxed yellow. When next flip red 0< box with purple to the low. Then with stats work out your strategy. NOT ADVICE. DYOR.

EN English (UK)
EN English
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
HE עברית
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Get Help Feature Request Blog & News FAQ Wiki Twitter
Profile Profile Settings Account and Billing Get Help Ideas Published Followers Following Private Messages Chat Sign Out