nobulart
Long

Arc & Cups. Possible reversal around 72.

MTGOX:BTCUSD   Bitcoin / Dollar
373 3 5
Seems that we recently broke free of a long arc which started at the beginning of May. If we don't see a reversal near 72, then we could be in for another long tumble.
Nice prediction
Reply
nobulart ZacRichards
Thanks Zac :-)
Reply
Depends on where you draw your arc. IMO your arc should not cross the price graph and stay on top of the peaks. That way it is not yet broken and can extent into lower territory. Im not a specialist in this field however, so pls excuse boldness.
Reply
United States
United Kingdom
India
Deutschland
France
España
Italia
Polska
Türkiye
Россия
Brasil
Indonesia
Malaysia
Việt Nam
日本
한국
简体
繁體
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Priority Support Contact Support Ideas Published Followers Following Private Messages Chat Sign Out