At last, some movement! The bid sum / ask sum ratio points to 132$, but if volume does not ramp up the price may not drop so much.
If however volume rises, then it's possible to overshoot, like the 5th September, and drop towards 120$.
PS. WOW! It's going down! The whales flinched! WHEEE!
PS2. The bid sum / ask sum ratio now points to 124$, because the drop worsened it.
PS3. Oh crap! Blockchained is down, I'm half blind...
Topic: . - page 2. (Read 6039 times)
Monday, September 23, 2013 $127.21
Tuesday, September 24, 2013 $129.43
I think I liked your other indicator better. But I'll say that much: if the (short term) reversal that would be needed to reach your numbers takes place over the weekend, I'll give your new method all the praise it deserves. I don't see any signs for that happening, but then again, I usually only pick up trends once they started forming, while you seem to attempt to look ahead a bit more.
what reversal are you speaking about?
current mtgox price: 140 $.
so, instead of a drop to 127 $, we will have it to 129. nothing's changed actually.
I'll paraphrase: we're at 140 now. Going back to either 127 or 129 within the next few days would be a (at least minor) reversal - or if you prefer, call it retraction. And I don't see any signs pointing towards such a reversal. If at all, I see the uptrend becoming stronger again (main point: price and order book development on bitstamp)
I think he's referring to this thread: https://bitcointalksearch.org/topic/--269944
My call: $110 one week from today (on Bitstamp)
My call: $110 one week from today (on Bitstamp)
Monday, September 23, 2013 $127.21
Tuesday, September 24, 2013 $129.43
I think I liked your other indicator better. But I'll say that much: if the (short term) reversal that would be needed to reach your numbers takes place over the weekend, I'll give your new method all the praise it deserves. I don't see any signs for that happening, but then again, I usually only pick up trends once they started forming, while you seem to attempt to look ahead a bit more.
what reversal are you speaking about?
current mtgox price: 140 $.
so, instead of a drop to 127 $, we will have it to 129. nothing's changed actually.
Monday, September 23, 2013 $127.21
Tuesday, September 24, 2013 $129.43
I think I liked your other indicator better. But I'll say that much: if the (short term) reversal that would be needed to reach your numbers takes place over the weekend, I'll give your new method all the praise it deserves. I don't see any signs for that happening, but then again, I usually only pick up trends once they started forming, while you seem to attempt to look ahead a bit more.
Volume weighted average for one day, one week from today. (Gox, GMT)
I'll start.
Monday, September 23, 2013 $127.21
I'll start.
Monday, September 23, 2013 $127.21
$160
Are we stating our expected "HIGH/LOW" [depending on if we are saying its going up or down]
Because otherwise in a 24hr period the price can vary quite a bit
($3.37 today.. actually pretty low)Im gonna just throw out a random guess and say $149.80 as the high by end of Sept. 24.
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