#bitcoin using Custom MACD (6,13, close, 31) see blue columns above & pattern only 2 occasions this year. So trend line holding up but in absence of my other signals I got to go with the 31 Dec close which ended lower than 30 Dec open Not Advice DYOR
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#bitcoin here's my take on everybody watching whether that bullish H&S #headandshoulders is going to happen. I'm sticking with my above post for now. Stockmarkets will decide maybe. Not Advice. DYOR
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First chart in thread did not work. Was invalidated maybe because did not close bullish outside the orange box first like previous occasions when it worked. Now we have one forming if today closes bullish outside the box then this one may be more valid if subsequently breaks bearish outside the box. Not Advice DYOR
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Here's an update plus one missed chart that should also have been included above
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In my most recent post
#bitcoin Head & Shoulders failure - how to spot maybe
#bitcoin Head & Shoulders failure - how to spot maybe
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Price may not have closed yet below my orange support lines of $3832 & $3714 but for now the bullish trend line is looking dangerously broken. Worst month for these signals since DEC 2017 was OCT 2018 got whipsaw (see previous charts for construction). Not Advice. DYOR
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So many bear signals. Bulls struggling. See chart. For signal construction see previous posts. Not Advice. DYOR
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#bitcoin SELL SELL SELL MAYBE. Check yourself. Construction mark all consecutive Williams Fractal highs both must show MACD Histogram in green >0 boxed yellow. When next flip red 0< box with purple to the low. Then with stats work out your strategy. NOT ADVICE. DYOR.