Title: [2015-10-26]Bitcoin Price Technical Analysis – Uh Oh, Lower Highs… Post by: Proxiebuier on October 27, 2015, 12:44:26 PM http://s3.amazonaws.com/main-newsbtc-images/2015/10/27054341/Bitcoin-Price-Technical-Analysis.-lows-and-highs.-newsbtc-bitcoin-news.png
Bitcoin price is on its way to test the ascending trend line on the 1-hour chart once more, with a downside break likely to indicate that a selloff will take place. Bearish Divergence Seen? http://www.newsbtc.com/2015/10/27/bitcoin-price-technical-analysis-uh-oh-lower-highs/ Title: Re: [2015-10-26]Bitcoin Price Technical Analysis – Uh Oh, Lower Highs… Post by: TraderTimm on October 27, 2015, 03:42:51 PM A one hour bar chart?
I guess this isn't someone who has been tracking Bitcoin extensively. I personally like the 240 minute, when we're slow and sideways, you can still discern a trend. A one-hour chart seems too little resolution to really conclude anything. Also, we rallied since he posted his "uh oh doom" analysis. |