Reason market shot up without waiting to go the extra $130 odd lower. One of my Oscillators which I've explained in previous posts had signalled an alert. I've added in yellow arrows and yellow hands to indicate buy and sell. Next fractal high on the two hour now needs to close above $6,259. If the day closes up then could see a follow through tomorrow. COPY OF...
Using Zig Zag for wave count, Fibonacci extensions from 1st Wave, and a Lower Bollinger line set at 20, close, 3.
Williams Fractal study, Fibonacci retrace and extension, plus trend lines. Target zone boxed in white. NOT ADVICE. ALL STANDARD DISCLAIMERS APPLY. DO YOUR OWN RESEARCH.
Williams Fractal study, Fibonacci retrace and extension, plus trend lines . Target zone boxed in white. I've updated this chart. I'm using some oscillators which I use on the day chart. Don't know if they work the same on two hour chart. Ultimate Oscillator has shown up deviation with respect to last fractal box shown in the oscillator boxed in white. Volume...
Blue boxes on chart mark out the volatility of two consecutive Williams Fractal lows. The outer box in yellow marks out two fractals either side going in opposite direction. As you can see on the last few times the fractal high has been retracing near and exceeding previous high of the blue boxes. Price not responding well to rising Stoch so maybe price going to...
Update. Bitcoin building strength. Stoch is oversold. Voume Oscillator I've made a correction to previous post - period June 6 to June 7 is now a red square i.e. volume opened and closed same direction as price. Ultimate Oscillator is heading up and I think as Stoch oversold and Volume Oscillator down there's a good chance Ultimate Oscillator will not be heading...
This is a study I like doing with bollinger's set at 20,close,3. Worth calculating odds of signal of market direction when price touches top or bottom of Bollinger bands, including there about. I have boxed in the price ranges before the bar that touched the Bollinger band (in both examples the market was trying to push higher but failed). Best case scenario is...
These ideas are an update to my last post June 19th. This study hinges on analysing just the last eleven days of the month. Nothing special about having picked just the last eleven days, but complements my other study which was based on the first eleven days. In this post we have now observed that a fractal high has been confirmed outside of the last eleven days...
Bitcoin holding up well. For my most recent study, I've marked all the last eleven days of the month in white squares. Then I've marked all the preceding fractals in green squares which includes the first fractal made inside the last eleven days. Looks good chance of a higher retrace, and has done better in some (have marked with yellow arrows). Yesterdays high...
4 Hour Chart. Morphology match was looking good. At the moment price looks OK with the "Ultimate Oscillator" turning up, but could it all change in next couple of bars? NOT ADVICE. ALL STANDARD DISCLAIMERS APPLY. DO YOUR OWN RESEARCH.
I've boxed volatility of last eleven days of each month in white. Question - will market break upwards out of box before end of June? To find out I've marked each day inside the white box with a yellow arrow - that being the day after MACD histogram divergence with price and have faced the arrow in the direction that price closed outside the previous days open and...
All blue boxes in chart consist of two consecuitive Williams Fractal lows with fractal highs either side (had the last box been pink then I would have used just the pink boxes in my charts for this study). Took the "ultimate oscillator" and boxed in areas where there was price divergence with the oscillator. It looks like Bitcoin needs to head below 32.7 on the...
My two hour Bollinger Stoch RSI over sold. If price touches lower Bollinger (20, close,3) with Stoch RSI oversold it not good news Y/N Also bandwidth very narrow some of the best breaks happen when narrow. Confirmed touched lower Bollinger . Could turn around but then again Stoch RSI was over sold. NOT ADVICE. ALL STANDARD DISCLAIMERS APPLY. DO YOUR OWN REEARCH.
My two hour Bollinger Stoch RSI over sold. If price touches lower Bollinger (20, close,3) with Stoch RSI oversold it not good news Y/N Also bandwidth very narrow some of the best breaks happen when narrow. NOT ADVICE. ALL STANDARD DISCLAIMERS APPLY. DO YOUR OWN REEARCH.
Bitcoin on its last legs? Time is running out Y/N ? NOT ADVICE. ALL STANDARD DISCLAIMERS APPLY. DO YOUR OWN RESEARCH. WARNING THIS STUDY CONTAINS A LOT OF BIAS.
Just another take on my previous chart. Easier on the eyes! NOT ADVICE. ALL STANDARD DISCLAIMERS APPLY. DO YOUR OWN RESEARCH.
As previously posted: Stoch RSI and Stoch start at overbought beginning of November 2017 like now. Can it repeat? Y/N Big news now so different. Stoch RSI has now hit zero The current low reached of $6,618.9 is approx. 2.618 the volatility between June 1st Low and June 3rd High. Can it go lower? Trump, trade, North Korea, Interest Rates, global markets...
Unless bitcoin can recover last weeks opening price $7,718.1, I have to stick to my calculation June 6th of $3,399.49 potential by June 24. My last such calculation was supposed to happen between 5th to 16th May and didn't get realized till 26th onwards - maybe I should have said by end May, and in this case by end of June. NOT ADVICE. ALL STANDARD DISCLAIMERS...