#bitcoin chart update - bounce A or no bounce B ?

2018年7月11日

Based on my previous post updates and studying the chart of gold yesterday, I expected to see a new bitcoin low today, and possibly extending into tomorrow.

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2018年7月12日

註釋

Above chart shows consecutive low Williams Fractal patterns. I've just updated my other post showing consecutive high Williams Fractal patterns with the following:-

My analysis done using the chart of gold that we would see a lower low yesterday did not work but we now have the MACD confirmed below zero. Could this be the first time we see a fractal low below the pink square and not spiking a lower low than the previous? Would that then confirm a break in this patterns stat? Time will soon tell.

2018年7月12日

註釋

The only positive for Bulls could be that the MACD and histogram may be down but the histogram is still above zero, and maybe on a day like today July 12 the market could put in a performance like on May 3rd.

NOT ADVICE. ALL STANDARD DISCLAIMERS APPLY. DO YOUR OWN RESEARCH.