myselfbtc
Short

M chart in bitcoin ? oh yes for that long temn investment

BITSTAMP:BTCUSD   Bitcoin / Dollar
176 10 1
https://i.imgur.com/KGqkv4H.png better view
bwy PRO
2 years ago
It's funny that even with such little data that monthly negative turn on the MACD histogram coincides with the major bear signs on the weekly. I keep thinking we're about to see something we have yet to see in bitcoin: a real downtrend. Thanks for posting.
+1 Reply
myselfbtc bwy
2 years ago
https://i.imgur.com/KGqkv4H.png this chart has mtgox data from 2010 and 2011 until first day of trading in bitstamp
Reply
blibby
2 years ago
RSIs are on the other end, im so confounded.

snapshot
+1 Reply
ChartArt
2 years ago
MACD is lagging like hell. Don't trust the MACD, especially not in a monthly chart.
+1 Reply
HerSerenity ChartArt
2 years ago
EMAs are lagging like hell, MACD was designed to help that very problem (and doing a pretty good job at that -- still one of the best performing indicators out there); agreed on the timeframe though, trading cryptos on 1M will get you into deep.. problems!
+2 Reply
myselfbtc HerSerenity
2 years ago
dont think SMA, EMA or BB (BB is also based on SMA)are a joke
long term buy at lower BB #lol
Reply
MarvinMartian
2 years ago
MACD isn't made for crypto... at least not at those settings.

And why such a coarse timeframe for a 24/7 coin? This isn't a 10 year stock.

Weekly is the most consolidation you should do.

snapshot
Reply
myselfbtc MarvinMartian
2 years ago
u can agree or disagree thats one thing, macd is math and math do apply to crypto
Reply
Maddie
2 years ago
Wow in mine opinion this is such a big time scale for macd ....
+1 Reply
MoonTrader Maddie
2 years ago
Agreed.
Reply
Ideas Scripts Chart
United States
United Kingdom
India
España
Italia
Brasil
Россия
Türkiye
日本
한국
Home Stock Screener Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Account and Billing Sign Out