Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
TERA
on 25/02/2014, 11:36:38 UTC
The recovery is maxed out for now. It's going to take at least a day to consolidate and break $520 if not longer.

520$ was broken already on btc-e and stamp...

it was touched. not broken.

No! Stamp had 521$ and btc-e had 528.99$.

http://bitcoinwisdom.com/markets/btce/btcusd
Ok guys I understand the number might not be exact to the dollar and that there are different exchanges which trade at differnet price. I will simplify this for you:  The resistance I am referring to is the 4 hour ema (blue line on wisdom). The price typically does not pass this line until 4 hour MACD goes up. Right now MACD is far from going up. Everyone thinks I pull these numbers out of my ass and they're "random" but actually I have a scientific method for each one...