Vatis
Long

Bats + Bad News... Update #1

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.
tootyfrooty
2 years ago
Good chart mate.
Reply
Vatis tootyfrooty
2 years ago
Thank you very much
Reply
ChartArt
2 years ago
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
2 years ago
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.
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Maddie
2 years ago
I normally don't like bats but i'm expecting the same if my triangle would be confirmed ! :)
snapshot
+2 Reply
StudMuffin
2 years ago
You are basing your chart on a freak sell-off at BTC-e. There is no way that is any factor in the trend.
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kakola StudMuffin
2 years ago
If I'm not mistaken, it looks like he's averaging 3 different exchanges.
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StudMuffin kakola
2 years ago
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.
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