MacD really stopped "working" for the upwards movements. Its still, however, works pretty good for spotting dumps. (2h indicator is my personal favorite)
How can he make this statement based on his record? And especially his record with MACD.
There should be probably another attempt of breaking 450 soon, with ~500 as a target
Price topped out at $414 then retracted.
I think its going to be another fake 6h MacD "recovery" again, most likely going back to 330$ range for some time.
Price never dropped below $350 and rallied to $395
Not super unexpected, but somewhat surprising, a day ago or so i would say chances to go up are like 30%
Could be another trap tho, especially if its not even going to break 400
What? "Not super unexpected" was your explanation after the rally to $395. Well, based on what you said, yes it was totally unexpected.
It didn't break 400 and it wasn't a trap.
Dat 2h macd fail combined with both 6h and 12h pointing towards the dump = 350$ confirmed
The price never hit $350 there was a very brief dip and again it rallied to $389.
I feel bad about selling my ripples a couple of months ago. Now its very obvious that they will replace btc in 2015.
This guy is a ripple troll in disguise. "confirmed".