i don't think we will break 720 at stamp
Do you think christmas buyers will sober up so soon?
volume is already going down and 720 is major resistant, last big top and market is way overbought
You mentioned beofre about the RSI showing overbought earlier...yet all of the charts I have seen for RSI and Stochi show under the 70 or 80 line respectively ie not over-bought....I'm using Wisdom and looking at Gox btw.
there's no rsi in wisdom stochRSI is not the same
stochRSI was also overbought both in 1m and 4h when you posted that.
I'm seeing that on Wisdom. I'm not sure what you're watching nano.
gandhi trades in stamp from what I know, maybe that's the confusion?
Well I'll take any recovery, plus I see were above 4k cny on huboi.
It's more of a P&D than a recovery. We all know the Chinese government is eventually going to put a stop to this blatant evasion of their rules. The question is when.
the Chinese gov. never said trading bitcoin was illegal, they said they don't want poeple using bitcoin as money.
they also never told 3rd party money service providers to stop servicing BTC China, these services stopped all on their own.
The news from china is still vague and totally unclear. ( probably why the 3rd party money service providers stopped on their own, they just want to be on the safe side, while they wait for the official word )
It really strange we have not got a good update, about exactly what is the legal status of bitcoin trading in china.
Show Posts
