PaulAnthony

PaulAnthony

Visual backtest of Parabolic SAR going back to 2012 on the daily chart. Blue lines indicate a long position, red lines a short position. Using Parabolic SAR as an indicator, positions were changed on close of candle. As you can see, sometimes it works, sometimes it doesn't. Read this blog post for a more in depth analysis of this indicator: www.signalstrengthfinance.com

PaulAnthony

multiple indicators are indicating a shift from bear to bull territory. as we make our way into bull season, it's good to mark the important price points where bitcoin may encounter resistance. black lines indicate previous historical highs while blue lines indicate big round arbitrary numbers (800, 900, etc...). i've omitted the big round numbers where they're...

PaulAnthony

multiple indicators are indicating a shift from bear to bull territory. as we make our way into bull season, it's good to mark the important price points where bitcoin may encounter resistance. black lines indicate previous historical highs while blue lines indicate big round arbitrary numbers (800, 900, etc...). i've omitted the big round numbers where they're...

PaulAnthony

for the short-term, it seems we have a nice little uptrend going inside the trend channel, represented by the dotted blue lines. we've broken through mid-term resistance, represented by the dotted green line, and now we're on our way up to challenging long-term resistance, represented by the heavy green line. if we're able to break through it, i would consider...

PaulAnthony

thin support at the 30min period, but lots of support at 1hr. nice big flat bottom at the 1hr, may bring us down to the low 500's and bounce around inside the cloud. can't wait to see what happens :)

PaulAnthony

everyone's waiting to see what's going to happen at mtgox. however, lots of good news otherwise and bitcoin's fundamentals are still the same. people be panic selling for no reason.