Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
Tzupy
on 04/11/2014, 11:27:49 UTC
4h MACD suggests sideways or slow up for the next 24h, after that will come an inflection point.
Is there any reason to use 4h, rather than some other timeframe?

Only that during the last couple of weeks it was a relatively reliable indicator (compared with other time frames).

The inflection point is here. Either start testing major support or form local double bottom and go up in the short term.