Re: rpietila Wall Observer - the Quality TA Thread ;)

Quote from: wachtwoord on April 26, 2014, 11:44:14 AM

Quote from: MahaRamana on April 26, 2014, 06:24:14 AM

Following the logic depicted on this chart, we should have taken support and fallen to less than 50 USD before the last bull run to 1200 USD.
We didn't.
If you have been waiting that we hit that support line you show, well, you are still waiting...

We didn't? We toched $50 twice: http://bitcoincharts.com/charts/bitstampUSD#rg60zig15-minzczsg2013-04-10zeg2013-04-13ztgSzm1g10zm2g25

We did in April '13, but I think MahaRamana is saying we should have hit it again in around Oct or Nov '13.