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B33tcoin
Jun 1, 2014 2:20 PM

Char of the year? (in progress) 

Bitcoin / U.S. dollarBitstamp

Description

Curious about the effectivness of the rebound we could witness last year after the $260 bubble recovery. I waited so long to finally see how it could be genius, sorcery or just plain luck...

The wait during 6 months was worth it. Ichimoku turns out to be a genius indicator ! (protip: it's quite effective in 4h and 1d charts btw) If the price tends to stay over 650 then 707 for the next few weeks, the cloud could be a very good ground for a confirmed next bull rally for long term investors.


NB: Typo error in the title (charT)
Comments
SebastianofMoon
Very interesting chart! Congrats on that one, if proven right again this time, it's definitely worth watching the 1w ichimoku. Thanks!
sgoed
This is exactly what I've been watching for 3+ months.
Goldeny
Patience is everything
LastBattle
:)
B33tcoin
We are now under the 1W Kumo cloud. Unseen before.
flibbr
Cloud did exactly the same thing before...
LastBattle


Litecoin on the other hand have to breakout tomorrow or I will be dumping 5k of mine :)
B33tcoin
Sir, If you're comparing LTC and BTC priced in USD on the same chart, I can't suggest you more to work on the LTC/BTC chart.
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