Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
TReano
on 28/09/2015, 10:21:40 UTC
The pump got the daily MACD to cross to positive, also flipped the daily PSAR to bullish, so we will go up for a while.
But considering the huge Chinese volume (if it's not fake), for the relatively small price increase, breaking further resistance levels won't be easy.

MACD isn't an indicator for buying/selling.
It just shows the same things you can already see on the chart.... Just a bit more obvious