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.
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.
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You'll have to shift the chart above to the left in order to see most recent bars. For some reason Trading View appears to have got a bug in publishing charts today.
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Chart may work fine for some viewers.
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Market just took out fractal low $6,525 where previously had said I would review and $6,439 was a stop and $6,280 think to go short. Market did a high yesterday and on the day chart MACD histogram looks like it may close lower today than yesterday, and maybe Stoch won't close over 80 with a new high this time.
NOT ADVICE. ALL STANDARD DISCLAIMERS APPLY. DO YOUR OWN RESEARCH.
NOT ADVICE. ALL STANDARD DISCLAIMERS APPLY. DO YOUR OWN RESEARCH.
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The update on this signal did not work - not a good sign. MACD histogram on the day chart also down after the previous days price high not a good sign.
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Stoch on day chart not hit 80. Will bulls give it another go even if don't make a new high or is it too late?
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On the chart above if current bar goes higher and Stoch RSI and MACD Histogram still moving higher then I guess bulls could still be in with a chance.
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Bulls failed. Bar closed down - confirm the update on above chart signal failed.
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Copy of my most recent publish post
#crypto #bitcoin sell (update) Y/N
On the day chart - We had a high followed by MACD histogram the next day falling/dropping. Stoch may yet reach 80 but I believe high is done and too risky now for some to play bull. I myself would rather miss out.
If we got a close on the day chart above $6,617.2 (July 3rd open) I could review short but at the moment reaching that looks doubtful.
NOT ADVICE. ALL STANDARD DISCLAIMERS APPLY. DO YOUR OWN RESEARCH.
#crypto #bitcoin sell (update) Y/N
On the day chart - We had a high followed by MACD histogram the next day falling/dropping. Stoch may yet reach 80 but I believe high is done and too risky now for some to play bull. I myself would rather miss out.
If we got a close on the day chart above $6,617.2 (July 3rd open) I could review short but at the moment reaching that looks doubtful.
NOT ADVICE. ALL STANDARD DISCLAIMERS APPLY. DO YOUR OWN RESEARCH.
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New post coming on line that above chart could still be a player.