Felix000

#crypto #bitcoin possible leg up developing Y/N

Long
Felix000 Updated   
BITFINEX:BTCUSD   Bitcoin
Looks like previous post "#crypto #bitcoin next leg up here's an idea Y/N" could happen after all.

Here's a copy of what I previously wrote:-

The last three big moves up were preceded by a three bar rising MACD Histogram marked with purple vertical lines, also had corresponding same in either or both Stoch and Stoch RSI . You need to start watching for this to repeat after the last Williams Fractal low. It didn't start with last Williams Fractal low so maybe it will start repeating again with the next Williams Fractal low yet to be confirmed. I've marked the relevant fractal lows for previous occurrences with yellow arrows.

Note that the chart also contains work done on the day chart time frame and time wise will not apply to the 2 hour chart.

NOT ADVICE. ALL STANDARD DISCLAIMERS APPLY. DO YOUR OWN RESEARCH.
Comment:
Note the fractal low on the 2 hour chart above was not confirmed but think it will be. I'm still bearish on the day chart for reasons given but could review short if can close the day over $6,617.2
Comment:
Correction: Fractal low has been confirmed.
Comment:
Like before on this play my stop is $6,439. I'm also thinking day stoch could close over 80.

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