Bitcoin Forum

Economy => Speculation => Topic started by: smoothie on April 10, 2014, 11:38:22 PM



Title: Bitcoin Price finally hits the lower Bollinger Band on the Weekly chart
Post by: smoothie on April 10, 2014, 11:38:22 PM
http://bitcoincharts.com/charts/bitstampUSD#igWeeklyztgSzbgBzm1g10zm2g25

Time to buy!  :D :D :D


Title: Re: Bitcoin Price finally hits the lower Bollinger Band on the Weekly chart
Post by: goxed on April 10, 2014, 11:45:20 PM
I think it's entering oversold territory now.
http://bitcoincharts.com/charts/bitstampUSD#rg360zigWeeklyztgSza1gSMAzm1g10za2gEMAzm2g15zxzi1gRSIzi2gUOzi3gMACDzi4gMFIzvzl


Title: Re: Bitcoin Price finally hits the lower Bollinger Band on the Weekly chart
Post by: yrtrnc on April 10, 2014, 11:46:30 PM

I think its entering the point of no return.


Title: Re: Bitcoin Price finally hits the lower Bollinger Band on the Weekly chart
Post by: kooke on April 11, 2014, 12:00:58 AM
I think it's entering the capitulation stage.


Title: Re: Bitcoin Price finally hits the lower Bollinger Band on the Weekly chart
Post by: Dalmar on April 11, 2014, 12:03:57 AM
I think it's entering oversold territory now.
http://bitcoincharts.com/charts/bitstampUSD#rg360zigWeeklyztgSza1gSMAzm1g10za2gEMAzm2g15zxzi1gRSIzi2gUOzi3gMACDzi4gMFIzvzl

Oversold can stay oversold in a down trending market.


Title: Re: Bitcoin Price finally hits the lower Bollinger Band on the Weekly chart
Post by: twiifm on April 11, 2014, 12:10:40 AM
I think it's entering oversold territory now.
http://bitcoincharts.com/charts/bitstampUSD#rg360zigWeeklyztgSza1gSMAzm1g10za2gEMAzm2g15zxzi1gRSIzi2gUOzi3gMACDzi4gMFIzvzl

Oversold can stay oversold in a down trending market.

Yep that true.  Don't get steamrolled by momentum


Title: Re: Bitcoin Price finally hits the lower Bollinger Band on the Weekly chart
Post by: Meman on April 11, 2014, 12:12:13 AM
There's still no panic selling, but people are getting nervous.


Title: Re: Bitcoin Price finally hits the lower Bollinger Band on the Weekly chart
Post by: njcarlos on April 11, 2014, 12:23:03 AM
There's still no panic selling, but people are getting nervous.
$300 will be that psychological barrier to the panic selling, IMHO.