BITSTAMP:BTCUSD   Bitcoin / U.S. Dollar
1834 2
Green: lin reg of all time price action on Bitstamp
Red: lin reg of downtrend

Assuming price is going to spend same time bellow the green line as above it, and also move the same amount (in %).
I'm using linear scaling because linear regression doesn't seem to work well on log scale.

We might see a last push towards 130 - 152(last major low). place your bids in this range.
After bottoming expect regression to the mean (atleast).
Nice, I like how this is in confluence with other good ta which suggests a similar area
you forgot rainbow
+3 Reply
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing House Rules Moderators Website & Broker Solutions Widgets Charting Solutions Get Help Feature Request Blog & News FAQ Wiki Twitter
Profile Profile Settings Account and Billing Get Help Ideas Published Followers Following Private Messages Chat Sign Out