Durmay

Bitstamp 24 hour+ projection

BITSTAMP:BTCUSD   Bitcoin / Dollar
158 9 5
Looks like the start of an arc forming, I can see this declining to around 420 or even back down to test 400 before we head back to the resistance at 460 again.
VDBTC
2 years ago
Hum, I'm a little bit skeptical about this forming arc. I think it will go lower in a quicker way.
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Durmay
2 years ago
Of course, bad news or any number of factors could cause a more rapid drop, but if volume stays as low as it has over the last few days I can see it being a more gradual decline.
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VDBTC Durmay
2 years ago
Wow, I'm impressed and I apologise for having doubting you. God job!
How did you see an arc coming ?
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VDBTC VDBTC
2 years ago
*Good job!
Sorry ^^
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Durmay VDBTC
2 years ago
Thanks Miroth, apart from the sell-off which brought down the price to touch 400 the volume is still low. I can see us fluctuating between 400-420 for a while before starting a climb back up. Although I haven't ruled out the possibility of new lows..
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CryptoDymon
2 years ago
I see it very similar to this chart. I am quite struck by the current bitstamp's dead-bounce and difference from btc-e and huobi, though. Doesn't make sense to me, looks almost like we don't want to fall lower. But I will not buy, I will wait.
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astral
2 years ago
wow, very nice job. let's see if the rest plays out how you thought.
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Durmay astral
2 years ago
Thanks, I hope so, but it's now looking like a tough climb back up at the moment!
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Repton
2 years ago
Nice dude :)
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