Felix000

Would love get excited bullish signal This one waiting breakout

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Felix000 Updated   
BITFINEX:BTCUSD   Bitcoin
All details on chart. Go with breakout but watch for whipsaw like in Dec 2018. Not Advice. DYOR.
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Bitcoin ticking up like prelude to another S&P500 drop maybe NOT ADVICE. D.Y.O.R.
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Same yellow box maybe forming as 22 September. Will depend on whether S&P has peaked. If by the end of today 10th Feb market closes down then that will confirm a yellow box. Then go with breakout or whipsaw. Have included other yellow box signals on chart. Not Advice. DYOR
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Well yellow box did not happen so I got to stay bullish for now and stick with the breakout which happened 8th Feb. Would need review if price suddenly broke down below $3,475.3
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Copy of new post "Still a bull run opportunity? YES but guess what...details on chart"
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Made a small error. Had originally grouped boxes using shorter MA than 20MA which was still interesting but here is what best illustrates how small square can work its way into something big just by staying above or below 20 MA and using those vertical signal points
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Done some research to find out what the market may be thinking when my histogram goes red four days after green and still closing above 20 MA. Here are two charts. Will it be different this time?
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Then again market hasn't closed yet so will have to see if close above 20MA and Histogram stays dark red.
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Worth checking out this indicator when it spikes like below. Could be a bad omen Not Advice DYOR
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