|
Title: BTCUSD Consolidation Post by: quantsig on May 30, 2013, 03:25:17 PM http://blogdotquantsigdotnet.files.wordpress.com/2013/05/fx_btcusd_b-qsn-chart2.png
BTC's weekend consolidation appears to be nearing completion. We're still waiting for a sell signal, which we have no sign of as of yet. Full blog post http://blog.quantsig.net/2013/05/30/btc-update/ Title: Re: BTCUSD Consolidation Post by: torba on May 30, 2013, 03:52:49 PM Don't know if you can call it a weekend consolidation, more of a whole week consolidation.
Title: Re: BTCUSD Consolidation Post by: lucif on May 30, 2013, 04:14:38 PM I also noticed end of consolidation this morning
https://bitcointalk.org/index.php?topic=131065.msg2315183#msg2315183 Title: Re: BTCUSD Consolidation Post by: quantsig on May 30, 2013, 04:22:03 PM Don't know if you can call it a weekend consolidation, more of a whole week consolidation. The holiday weekend is when it got started. It's not been much of a consolidation considering overall volatility, but it's still providing a decent entry to late arrivals.Title: Re: BTCUSD Consolidation Post by: quantsig on May 30, 2013, 04:29:18 PM I also noticed end of consolidation this morning This doesn't look like a bearish break incoming. All models are pricing BTCUSD as undervalued.https://bitcointalk.org/index.php?topic=131065.msg2315183#msg2315183 Title: Re: BTCUSD Consolidation Post by: lucif on May 30, 2013, 04:35:32 PM I don't care about further move direction, the main point is move. I just agree that consolidation is about to complete.
Title: Re: BTCUSD Consolidation Post by: quantsig on May 30, 2013, 04:45:25 PM I don't care about further move direction, the main point is move. I just agree that consolidation is about to complete. I can agree with that. I guess it's a good thing that it's stabilized a bit, but it is tough to trade at this low volume/volatility. |
