Re: BTC/USD

Quote from: hivertodd on November 15, 2014, 03:27:26 PM

Quote from: K128kevin2 on November 15, 2014, 03:21:51 PM

Generally when you see an uptrend, after it stops you almost always see some downward movement. Same with the opposite case - when prices fall, they tend to rise again (just to clarify, this is in the case of relatively sudden movements). I've simulated trading partially based on this principle over the past like 5 ish months and it is definitely successful.

there is no uptrend but downtrend only, lower everyday!
http://bitcoincharts.com/charts/chart.png?width=940&m=bitstampUSD&SubmitButton=Draw&r=360&i=&c=0&s=&e=&Prev=&Next=&t=S&b=&a1=&m1=10&a2=&m2=25&x=0&i1=&i2=&i3=&i4=&v=1&cv=0&ps=0&l=0&p=0&

CheckOut your indicators, preferably the MACD indicator. You can clearly see both the red MACD Line And The MACD Signal Line OVER the Centerline! We are in a uptrend. For how long, that is the question - I predict it will continue over time oppose to the market heading back under:( Which I did want@one point so that I can buy more@a good price but, It's time to go Up is how I'm feel;in:)