Anticipate April-2013-like Major Correction

Bitcoin / U.S. DollarMt.Gox

Description

⋅ Dec 5, 2013 8:27 AM

Here I compare profit-take ranges on a 1D chart while also looking at MACD. The pattern seem to match, although correction might not be as strong as in April 2013.

Comments

coinomist

⋅ Dec 6, 2013 11:37 AM

Let's see if the predicted signal from MACD will continue...