Weekly MACD custom (6,13,close,31) did my Fibs from when Histogram turns red (not shown) only blue MACD line. Blue MACD line creates interesting levels of support when turns up from bottom. Comparison with 2014 - 2015 suggests this is a 4-5 week run counting from the Parabolic SAR dots below candlesticks. I'll add in Chart with full MACD pic. below
If you want...
Using longs and shorts use the default MACD for both. I just used the signal line of the MACD for both (area format instead of line format) and in log format. Superimposed one on top of the other and saw a pattern match with 12 NOV 17 with 24 MAR 19. How to scale it. Expansion over or more to go ? NOT ADVICE. DYOR.
See comparison chart, 2014-15. In both charts I've done my Fibs from the month the Histogram in my custom MACD (6,12,close,31) went red. In 2014-15 there were two options from which to do the Fibs, and I chose the latter.
#bitcoin New signal appeared All details on charts Go with #BITFINEX $4,084 or $4,028.4 #breakout but watch for #whipsaw biggest moves like (25-26 JAN18) (28-29 APR18) (27-28 JUL18) (10-11 NOV18) favoured bears but (10-11 DEC18) favoured bulls Not Advice. DYOR
Just for fun. Bulls currently need to hold daily close above 20 MA. Good thing price above 100MA this time maybe, and I don't really want to see a red bar in my custom MACD (6,13,close,31) histogram not shown - see other chart postings. Williams %R is done on volume and set to log. Doesn't always show up like that - could be a bug causing it. NOT ADVICE. DYOR.
Here's what you do. Count to 5th Parabolic SAR dot from a low. Pick out all the ones which cross over the 20 MA. Then pick all of those where the next sequence of 5 Parabolic dots SAR is above 20 MA. Using my custom MACD (5,13, close, 31) looks like one good idea is to sell when histogram goes red. Can use other rules like 20 MA etc. as well. NOT ADVICE. DYOR.
Fundamental analysis only!
TLDW;
What makes the 2018-2019 bubble more bearish:
More scams (shitcoins - ponzis - cloud mining scam - giveaways)
Big shitcoin increase (too many shitcoins - all fighting each other for liquidity)
Shitcoin inflation (Too many premined shitcoins / ICOs - no fairness)
Easier to short (Way easier for people to short BTC etc, because...
Who will win this time BULLS or BEARS - NOT ADVICE - DYOR.
Histogram is the Signal Line of my Custom MACD (6, 13, Close, 31) Blue line is MACD, and Yellow line the HISTOGRAM.
Compare below
