Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
TReano
on 07/11/2015, 15:14:28 UTC
4h EMA on OKcoin going to cross with next candle... some bots will probably turn into buy mode.

Once we get to 600 and then see the first weekly red candle, then the mini-rally is over. If you were in the business of speculation or wanted to lighten up, the good time to sell is the dcb after that. So wait for the bubble, and the pop, and the next bounce. Then sell.

Few words more about that? Why 600$?

MACD is nothing else then a lagging indicator... It's the same as looking at the chart and say "Oh wow it goes up!" ... It's just visualized for the blind trader...