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Title: EMA 100/200 convergence = price about to move? Post by: saddambitcoin on May 20, 2014, 01:42:29 AM i just have a feeling that there is about to be a price movement soon, does this mean anything?
edit: i don't know the best way to post an image http://bitcoincharts.com/charts/bitstampUSD#rg180ztgSza1gEMAzm1g100za2gEMAzm2g200zvzl (http://bitcoincharts.com/charts/bitstampUSD#rg180ztgSza1gEMAzm1g100za2gEMAzm2g200zvzl) the way i see it there is about to be a massive revaluation of the bitcoin and it is soon going to be worth thousands of dollars. Title: Re: EMA 100/200 convergence = price about to move? Post by: goxed on May 20, 2014, 01:59:59 AM As a long term investor I like weekly chart. I see indecision in the market.
http://bitcoincharts.com/charts/chart.png?width=940&m=bitstampUSD&SubmitButton=Draw&r=360&i=Weekly&c=0&s=&e=&Prev=&Next=&t=S&b=&a1=SMA&m1=15&a2=EMA&m2=10&x=1&i1=RSI&i2=UO&i3=MACD&i4=MFI&v=1&cv=0&ps=0&l=1&p=0& Title: Re: EMA 100/200 convergence = price about to move? Post by: saddambitcoin on May 20, 2014, 02:05:41 AM yes, indecision. there are lots of people waiting for the right time to buy, you see all the threads saying so. my guess is any movement downward will generate sufficient buying volume to propel bitcoin value to $540 and this will be the next stable price for the medium term.
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