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mim_
Dec 14, 2017 6:14 AM

A channel? 

Bitcoin / U.S. dollarBitstamp

Description

I have no idea! :)
Just doodling on the chart..

Btw I wrote a very cool script that was working great ( predicting some of the recent big moves ) but I think it's not as accurate atm ( because of some recent changes in the market which is outside of the scope of this post! ), but right now it shows a "small" ( few Ks!) down trend for the next few days ( It has a very short term scope ) but I don't see that in other charts so not sure if that's accurate! I'll have to re-test it again I guess! it works better when there is a big move due :D

Comment

So far it has been following the trend nicely!
Not sure how the CME opening will affect this channel.. that's the decision market needs to make! ( I have tho some theories that may publish later )

Order cancelled

A correction happened and as I mentioned in previous comment, our stop was already reached and we cashed out with minimum losses!
I even bought back in already and it seems like that was the best time to buy back in as we were on rock bottom of the descend! :)

ty,
Comments
mohisanisel
Good job.
mim_
@mohisanisel, Thank you :)
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