BITSTAMP:BTCUSD   Bitcoin / U.S. Dollar
3152 21 53
There is a wave pattern. Called (Square Wave decreasing To the Smooth).
Now this wave is close to the area smooth.
And it should be quickly to determine that the upward or down.
Perfect analysis. any updates?
Looks like a breakout (blue arrow) and not a breakdown (red arrow)
Hi ZarNegar , to 270 back down to 70? Do you still keep it?
+1 Reply
Really good chart, but you have the bottom wrong in my view. You drew it based on flash crashes (= noise). Here is my version of your chart:

ZarNegar ChartArt
But there is also the possibility of fall.
ChartArt ZarNegar
True, but we are at the bottom according to my unpublished analysis. It's hard to get much lower than before.
ChartArt ChartArt
I made some very small changes in my newer version of your chart:

Nuseii ChartArt
You cannot ignore the flash crashes. They are not noise. All price points in history matter. Once it is imprinted on the chart and market it imprints a new path.
+3 Reply
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