Bitcoin facing the abyss - need a daily close above....OMG

BITFINEX:BTCUSD   Bitcoin / U.S. Dollar
NOT ADVICE DYOR. Caveat - small sample size.
Here's the construction. You need BB %B indicator. Then do MACD on that indicator. Mark all instances signal line turns positive (yellow). Mark (white) first instance histogram turns red. If both these cross month end then mark that month end (blue). Box both months in white. Bulls need to push daily close above $7933.4. Come on! If not will first lines of defence hold. NOT ADVICE. DYOR.


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