Vatis

Bats + Bad News... Update #1

Long
Three months ago I published an idea (see: Related ideas) which is still very possible.

I added more bad news that I googled. I updated the bats to be more precise, but my prediction of C in the second bat was perfect. Let's see what about D.

Have a look in RSI - it looks very bullish (yellow lines). We shouldn't have much to worry about.

Comments

I normally don't like bats but i'm expecting the same if my triangle would be confirmed ! :)https://www.
+2 Reply
If you want to add a current Coindesk news to your next chart it would be:

http://www.coindesk.com/bitcoin-price-decline-sparks-rare-mining-difficulty-drop/
+1 Reply
Vatis ChartArt
I won't add it, because it does not fit to the rest of the news. I pointed only those which had caused all the downward peaks in one year term.
Reply
You are basing your chart on a freak sell-off at BTC-e. There is no way that is any factor in the trend.
Reply
kakola StuddMuffin
If I'm not mistaken, it looks like he's averaging 3 different exchanges.
Reply
The sell-offs were on BTC-e and BFX. They are not on any of the other exchanges. They were freak incidents involving an accidental low sell and margin call on BFX. They were not real market reactions.
Reply
Good chart mate.
Reply
Vatis tootyfrooty
Thank you very much
Reply
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