Post
Topic
Board Speculation
Re: 8th 3dMACD bar started GREEN!
by
blumangroup
on 12/11/2014, 01:15:09 UTC
8th green bar started today ...
For it to be 8th green in a row we should assume that red (the 5th bar) is green too. Smiley  Under this assumption (red is green) it's even better that 8th green bar, it's 800th+ Grin

Focus on word STARTED. Also 5th bar started green, later it turned to red.
I don't think technical analysis is a very good indicator as to what the price will be tomorrow (or in the future). There are too many outside influences to the price of bitcoin that are unknown to the "market" for this to reliably work