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newsatbravenewcoin (OP)
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May 09, 2016, 12:18:37 AM
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The technical setups posted below use simple trend detection, support and resistance, channels, pattern and candle analysis. We aim for high-probability trade setups on BTCUSD and use very few indicators. All charts use BNC’s Bitcoin Liquid Index for maximum accuracy.

The timeframe for trades is 1 to 7 days, so we’ll use 4h candlesticks. Bitcoin is best traded as a purely speculative commodity on 4h+ timeframes.

http://bravenewcoin.com/news/bitcoin-price-analysis-calm-before-the-storm/
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European Central Bank
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May 09, 2016, 12:21:11 AM
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Haven't we heard 'the calm before the storm' about a hundred times before another few weeks of nothing? Sometimes it's simpy the calm before more calm but I hope there is some real action soon.
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May 09, 2016, 02:10:22 AM
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Quote from: European Central Bank on May 09, 2016, 12:21:11 AM
Haven't we heard 'the calm before the storm' about a hundred times before another few weeks of nothing? Sometimes it's simpy the calm before more calm but I hope there is some real action soon.

That's because technical analysis is mostly dumb.  However, it does play into behavioral economics, so it's nice to pay attention to sometimes...
Coinbase for selling BTCs
Fold for spending BTCs
PM me with any questions on these sites/apps!  http://www.montybitcoin.com


or Vircurex for trading alt cryptocurrencies like DOGEs
CoinNinja for exploring the blockchain.
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