hyphymikey
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July 21, 2014, 11:09:14 PM

3d MACD divergence turned red on all exchanges, for the first time since May.

Good. I'm still waiting for a 1W to be red.

Is that because you are short BTC/bearish or because you are looking for the MACD to uncross the otherway again, before a bump up?  Wink

Going to buy with some newly arrived fiat and wait for the uncrossing.

So if we do get a cross and an uncrossing, do you think that the uncrossing will be in approx 25-35 weeks time? (give or take)  just outta interest, or do you see the 1 week MACD going on a total bender

If you look back before the previous bubbles the 1W MACD went green for a week or two then flipped back red for at least one week. After that flip, it flopped back to green which initated a bubble. I just like to think of it as final capitulation. It will most likely be the last time I buy until the next bubble, however long that may be.