ChartArt
Long

Measuring trend strength - bulls vs bear

BITSTAMP:BTCUSD   Bitcoin / U.S. Dollar
Checking the current likelihood if the uptrend started at the end of May 2014 will reverse in the 2-day chart with several indicators, among those are the:

- Directional Movement Index (DMI) developed by Welles Wilder
- Aroon oscillator developed by Tushar Chande

It seems most of the selected indicators confirm a overall bullish trend in this longer time-frame.

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