The position on the Stoch is not the same as the other times this year. The reason being that the MACD lines are already in minus/negative territory, and so is the Awesome Oscillator.
Could they indicate we get a quick bounce back from any new lows ? JUST AN IDEA.
NOT ADVICE. ALL DISCLAIMERS APPLY. DO YOUR OWN RESEARCH.
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Global markets impact...........
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Thinking about it now the Awesome Oscillator and MACD may not be that much use to indicate that the Stoch is different this time because it's obvious in the chart pattern anyway. Still the Stoch was a good reminder to keep an open mind.
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Copy of my new post going live next few minutes
#bitcoin critical here's maybe one stat reason to buy Y/N
Stoch RSI and Stoch start at overbought beginning of November 2017 like now. Can it repeat? Y/N News impact is so different.
More importantly with this stat maybe is that I was studying gaps between my coloured boxes.
NOT ADVICE. ALL STANDARD DISCLAIMERS APPLY. DO YOUR OWN RESEARCH.
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Note: Stoch RSI has to hit zero then watch for volume coming in etc.....
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Just realised Stoch RSI will only update on my chart end of day. It's what happens when trying to analyse and work fast to get some ideas.
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The current low reached of $6,618.9 is approx. 2.618 the volatility between June 1st Low and June 3rd High.
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Copy of new post showing up next few minutes
#bitcoin one positive stat updated where next?
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 impact?
NOT ADVICE. ALL STANDARD DISCLAIMERS APPLY. DO YOUR OWN RESEARCH