I think Leo is only one person on that forum who has predicted correctly last moving up to 6.20.
excuse me?
Arepo, are your feelings hurt?
Topic: A little more on technical analysis.. - page 2. (Read 6060 times)
excuse me?
Arepo, are your feelings hurt?
I think Leo is only one person on that forum who has predicted correctly last moving up to 6.20.
excuse me?
Well, what's next...
Moving up will be continue, in nearest time is possible highest jump to 6.93, otherwise, we obtain another flat trend, ending jump to 6.3, ending target is 6.9.
Moving up will be continue, in nearest time is possible highest jump to 6.93, otherwise, we obtain another flat trend, ending jump to 6.3, ending target is 6.9.
I think Leo is only one person on that forum who has predicted correctly last moving up to 6.20 . His early forecasts were really useful too.
Last 3-4 days going down? After the spike to 5.7 it went down to 5.30s and 5.4s pretty fast. Since then it has managed to climb up and stay in the mid 5.55 to 5.60 for a while now. That is up.
Broken up, but when? for the last 3-4 days we're going down.
Doesn't look like down to me...
Broken up, but when? for the last 3-4 days we're going down.
This all is does not matter. The MACD in buy zone.. RSI-value in this flat trend absolutely nothing means. Resistance 5.60 wil be broken up, if we analyze all combined factors.
First - we are hitting down trendline just now. Second - we also tested current resistance (5.6) a few times and failed. I see going down to 5.1 (minor support, we already bounced from it once) and maybe even 4.6 more probable.
My view of things that happened last week:
Note that RSI also failed to achieve >70 several times.
My view of things that happened last week:
Note that RSI also failed to achieve >70 several times.
Okay, let's see:
I'm still looking to up moving... Next target is 6.2
I'm still looking to up moving... Next target is 6.2
Quote
Yea but 'oversold' for how long?
And it all depends on what timeframe your looking at as to whether its oversold or overbought eg This is the 5-day hourly chart:
And it all depends on what timeframe your looking at as to whether its oversold or overbought eg This is the 5-day hourly chart:
I'm looking at daily intervals, that is most importantly. Also stochastic oscillator and RSI are not the same things.
As we see now, 5,69-level has been broken down. But the low volumes are still show us that breakdown false. Stochastic oscillator showing oversold. The price will return to the AB-channel, and then the growth will follow.
Yea but 'oversold' for how long?
And it all depends on what timeframe your looking at as to whether its oversold or overbought eg This is the 5-day hourly chart:
As we see now, 5,69-level has been broken down. But the low volumes are still show us that breakdown false. Stochastic oscillator moving to oversold zone. The price will return to the AB-channel, and then the growth will follow.
Don't panic. It is all going as planned.
Quote
This shit is all crap. Shove it.
As i was saying, this is a simple technical analysis based on the chart patterns. Not more and not less...
This shit is all crap. Shove it.
no one thinks the price is going up?
i'm beginning to think that market is dominated at the moment by one large entity on both sides, 1/3 of bids and 1/2 of asks, probably holds bitcoinica starfished as well. other participants are too rational and refuse attempt to move market in any direction. over 90% of actual market speculation is gone. we won't move anywhere significantly without new news and new players/money joining in. what we see on the market right now is approximate bitcoin economy volume trading. this is pure speculation and i could be wrong.
You know this has been the case for months now right?
I think we are being held here. Every time the price moves down, a wall pops up to stop it. Likewise, when the price rises, even pushing through a moderate wall, another one pops up a little higher.
It also seems to be going against the rules for Goomboos' EMA strategy. As informative as it may be, it may have been a bad idea to post his game on here.
Mr M...I believe!
If it could be proven, it could also be proven that no amount of TA would work here.
If Goomboo's a technical analyst, there's no way he uses solely the MACD indicator. There's probably several that fit this kind of item perfectly.
I dont 'buy' this
Get it?
Get it?
Hello people!
As we can see now, everything goes as planned )
Dumped volumes are less than previous volumes, this is a signal for a moving up. There is a little chance for another fall to 5.5, and then the growth will follow. Short jumping targets are: 5,85, next 6,2.
As we can see now, everything goes as planned )
Dumped volumes are less than previous volumes, this is a signal for a moving up. There is a little chance for another fall to 5.5, and then the growth will follow. Short jumping targets are: 5,85, next 6,2.
no one thinks the price is going up?
i'm beginning to think that market is dominated at the moment by one large entity on both sides, 1/3 of bids and 1/2 of asks, probably holds bitcoinica starfished as well. other participants are too rational and refuse attempt to move market in any direction. over 90% of actual market speculation is gone. we won't move anywhere significantly without new news and new players/money joining in. what we see on the market right now is approximate bitcoin economy volume trading. this is pure speculation and i could be wrong.
You know this has been the case for months now right?
I think we are being held here. Every time the price moves down, a wall pops up to stop it. Likewise, when the price rises, even pushing through a moderate wall, another one pops up a little higher.
...
Oh, are you saying that if you wanted to sell 1000BTC, rather than placing 1 large wall, you'll place a small wall, and replace it as it gets traded through. So as to not induce panic on the market?
Jump to: