Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
magicmexican
on 30/11/2014, 12:15:39 UTC
Why people posting rocket pictures in such sideways market like the current one?

Did you not read my post? Market is sideways, building support and 3D MACD is turning green and the 1W is almost green. This helps to show a trend reversal for the first time in a lonnng time.

People talking about MACD and stuff for some time saying it is sign of recover, but no recover so far.

Also not everyone can understand the TA fundamentalities

MacD really stopped "working" for the upwards movements. Its still, however, works pretty good for spotting dumps. (2h indicator is my personal favorite)