ChartArt

Will Bitcoin crash? Or is now the time to buy? Part II

BITSTAMP:BTCUSD   Bitcoin / Dollar
The chance that this is the long awaited uptrend is growing. This is an update of my original chart, which I created 1 month ago:
Will Bitcoin crash? Or is now the time to buy Bitcoin?
In this update I optimized several indicators to better reflect the current trend.

Overall it's looking good. But 2014's downtrend has not finally been broken as of today. That's why I post this as a neutral outlook.
ChartArt
2 years ago
Zoomed out you might see the issue why I posted this Bitcoin price outlook as "neutral" and not as "long":

snapshot
Reply
ChartArt
2 years ago
Zoomed in version of my chart:

snapshot
Reply
ChartArt
2 years ago
02:05 UTC
Monday, November 17, 2014
Current price: $403

It seems we have a breakout out of a range on the daily chart and could start an uptrend on the weekly chart (SAR not using default settings shows bullish signals now, the classic SAR is still bearish):

snapshot
Reply
ChartArt
2 years ago
Saturday morning, December 20, 2014, week 51


still no uptrend, possible downtrend according to stochastic

snapshot


snapshot



P.S. The entire Gann fan is only using MtGox December 2013 high and 2011 low
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 Billing Sign Out