ChsaDos
Short

CURRENT RESISTANCE LINES

MTGOX:BTCUSD   Bitcoin / U.S. Dollar
347 5 1
As per Chikou Span trend lines

$962.42 <--- extremely strong
$950.10 <--- neutrally strong
$940.25 <--- very strong
WillChase
2 years ago
I noticed the same thing as you did, but I guess BTC didn't realize it was supposed to resist at those chikou span lines...... hah
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ChsaDos WillChase
2 years ago
Still hit other resistance lines - zoom out :D
ICHIMOKU INDICATOR EXPLAINED - AN INTRODUCTION - CHIKOU SPAN
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WillChase ChsaDos
2 years ago
That's a lot of lines... one of them has to be right!

I was more hoping for the 950 - 980 range since there was so much back and forth I thought those lines would be more solid
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ChsaDos WillChase
2 years ago
Yes, I was pretty confident about the green lines - me thinks Bitcoin is drunk!
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ThomasVeil
2 years ago
BTC just defies all predictions. I have yet to find one single chart that made a reasonable guess (I mean not super vague) and was about right. This is tough country :)
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