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Title: I think TA is voodoo but... Post by: thezerg on April 19, 2013, 08:33:47 PM Doesn't what's happening now look a LOT like the beginning of a cup & handle? Esp. in log scale:
chart (http://www.bitcoincharts.com/charts/mtgoxUSD#rg30zig30-minztgSzm1g10zm2g25zvzl) Discuss this and other TA that you really don't trust! ;D Title: Re: I think TA is voodoo but... Post by: Kazu on April 19, 2013, 09:25:46 PM Its a very angular cup.
Title: Re: I think TA is voodoo but... Post by: bassclef on April 19, 2013, 09:42:10 PM I'm new to TA, but I find there needs to be at least 2 (or more) strong indicators to confirm a change. And some work better than others at different times.
I'm realizing that BTC is a very emotionally-driven market right now, and managing to control my own emotions while making predictions is difficult. Title: Re: I think TA is voodoo but... Post by: glub0x on April 19, 2013, 11:13:11 PM I'm realizing that BTC is a very emotionally-driven market right now, and managing to control my own emotions while making predictions is difficult. Well we can still go down :p |