Bitcointrading
Bull run comparison with 2015-16. Consolidation phases.Here's an idea. One certainty we know is the high of 2017 like the high of 2013. The other certainty we can gauge using Fibonacci retracements. I have used the low of the week the blue MACD line turned positive. The reasoning being that price retreats when it around the first retracement level, and consolidates before the next move up to 50% when it consolidates again. Try it the 2013 high. NOT ADVICE. DYOR.
Bitcoin and the S&P 500 (SPX) connectionPrevious Bitcoin post "End of dip. Will it confirm this week?" Sustaining positive territory not impossible. Histogram, MACD , and soon to be Signal Line. NOT ADVICE. DYOR
See the monthly with S & P 500
Bitcoin heading over $8,900 into June not impossibe.If you mark all the green candle that were three months up in a row, and then the breakout from the high to the next high marked in pink it gives you some idea of where the current breakout could be heading. NOT ADVICE. Past performance is no guarantee of future performance. DYOR.
Note that RATE OF CHANGE turned positive (above zero)
Note price closed above yellow box first time since peak of 2017 (not shown in chart below which was created before closing price).
Retest at some point of 200 MA before hit $7590 not imposibleThe bottom may be in this time round, but a retest at some point of 200 MA before hit $7590 not impossible. What do you think? Question is when? NOT ADVICE. DYOR.
Bitcoin -a brief history of the "confirmed" bull markets 2018-19Hi guys!
I have decided to create this diagram to show you, how majority of the crypto community has reacted to every single
counter trend rally (and "trendline break" ) from all time high to present.. I am almost sure that these series are not over and we will see a couple of more "definitely" confirmed bull markets all the way down to real capitulation.
All the best and, take care a stay patient!
-DP-
3 months up in a row (see green blocks) Where next?3 days till end of month but does it matter ? Does 3 months up in a row mean the bottom is in ? Was the rise strong enough ? NOT ADVICE DYOR
Here is the weekly with Stochastic RSI
Here is the monthly
Buy Bitcoin using as timing signal VIX Volatility S&P 500 (SPX)Using VIX Volatility S&P 500 (SPX) 20 MA Monthly as timing signal to buy bitcoin Mark 1st month turns up. Mark following month when SPX bar red Mark same Bitcoin above when bar is red - purple horizontal is stop loss & break above blue confirms buy NOT ADVICE DYOR
New signal Whipsaw seen biggest moves to date Will we get repeatBitcoin New signal appeared All details on charts Go with BITFINEX $5,404.8 or $5,220 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) (22-23 MAR19) favoured bulls Not Advice. DYOR
Include some previous charts showing past performance
This one just the whipsaws
Masterplan going a tad awryAll part and parcel of the securitization and commoditization of a new asset class obviously NOT ADVICE. DYOR.
Bitcoin - another week or two to go for bulls for sureWeekly 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 to got further back with MACD 2014 - 2015 here it is
Is Bitcoin going PARABOLIC cool match 12 NOV 17 with 24 MAR 19Using 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.
To reach $5755 resistance previous support eg. see 2014-15 chartSee 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.
RSI on shorts & longs will price collapse repeat NOT ADVICE DYORWill current Bull turn to Bear NOT ADVICE DYOR
Chart above did not show everything. Must be some bug so I've included a proper snapshot below.
A potential chart spike that could catch out many a bullAll details on chart. Will update if I can read any more from it. NOT ADVICE. DYOR.
New signal Whipsaw seen biggest moves to date Will we get repeat#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
Vampire bots incoming. Man the MA's.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.
Using Parabolic SAR This Set-up only 3rd time since 2017 peakHere'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.
