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Toru
May 14, 2015 10:37 AM

Bitcoin to go long Long

Bitcoin / U.S. dollarBitstamp

Description

Bitcoin has been heading bottom but not anymore. The pair is now showing the trend reversal and this video is to demonstrate that particular view through Bollinger Bands, simple trendline and harmonic patterns.

Attached is the YouTube URL.
youtu.be/CetSLuSKVFw
Comments
nimbus
Thank you very much for your great video and professional chart. Hope you can post more and share more.
the price pattern of the past three months seems to be an transformed "adam and eve pattern" like this

but the volume's still small, and the price breaches the long term support in log daily chart. seems sad.
such ambiguous, and what do you think.
I'm quite new to tecknical analysis by the way.
Toru
hi nimbus, Volume is one of the pictures and I myself look for the amount of transactions.
blockchain.info/charts/n-transactions

You can see stats that trends upward clearly. This chart tells me that people are accepting more and more.

Thanks!
nimbus
price goes lower, seems to reach another bottom.
blum
Great video, very informative
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