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Argwai96
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December 19, 2013, 11:52:50 PM
 #41
i don't see a blue line... Huh
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December 19, 2013, 11:53:49 PM
 #42
Pull up a chart of Bitcoin and go to the Logarithmic and Long Term view so that you see all price data. Draw a median line on the chart. Realize that is entirely natural for price to oscillate above and below your median line. The more accurate your median line the more oscillations you'll note on the chart.

Action, reaction: As long as the action is 2 steps forward and only 1 step back all is good for Bitcoin Hodlers.

Edit: I did not 'know' but with median line charting I was not at all surprised.
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December 19, 2013, 11:55:06 PM
 #43
Quote from: Argwai96 on December 19, 2013, 11:52:50 PM
i don't see a blue line... Huh
Make sure "show emas" is checked in the settings
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December 19, 2013, 11:56:34 PM
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Agree with EMA's too. It's another method of technical analysis people watch closely.
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December 20, 2013, 12:00:35 AM
 #45
Even if that's not where support SHOULD be given a change in market information, that's where the big players are going to have their bots set up with all the 1000 coin buy orders and it'll be good for at least a bounce or two.
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