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Topic: Analysis - page 130. (Read 941582 times)

donator
Activity: 2772
Merit: 1019
November 04, 2015, 09:45:38 AM
shorting the rally is prolly the worst thing you can do. you had two nice years for shorting but now you are playing against the most bullish market in universe.

its definitely a bull market now. nevertheless shorting can be part of bull markets too.

I welcome the shorts and put some myself. They dampen the fall.

go tzupy, go bears, have balls!
hero member
Activity: 681
Merit: 507
November 04, 2015, 09:44:34 AM
shorting the rally is prolly the worst thing you can do. you had two nice years for shorting but now you are playing against the most bullish market in universe.

its definitely a bull market now. nevertheless shorting can be part of bull markets too.

imo its nearly impossible to predict when the dips appear with ta and they often didnt last long enough to buy back.
ImI
legendary
Activity: 1946
Merit: 1019
November 04, 2015, 09:32:35 AM
shorting the rally is prolly the worst thing you can do. you had two nice years for shorting but now you are playing against the most bullish market in universe.

its definitely a bull market now. nevertheless shorting can be part of bull markets too.
hero member
Activity: 681
Merit: 507
November 04, 2015, 09:28:48 AM
shorting the rally is prolly the worst thing you can do. you had two nice years for shorting but now you are playing against the most bullish market in universe.
legendary
Activity: 1288
Merit: 1000
Enabling the maximal migration
November 04, 2015, 09:24:23 AM
3 minutes MACD lol

And for so long, I just thought it was hubris... 
legendary
Activity: 2170
Merit: 1094
November 04, 2015, 09:22:14 AM
It takes big balls to short when a parabolic price rise is ongoing.

Especially when you pick calls based on the 3m MACD  Roll Eyes

The market has been moving much faster lately, so larger time frames (like 1h) aren't helpful. And I've got shorting FOMO.
hero member
Activity: 854
Merit: 503
Legendary trader
November 04, 2015, 09:21:52 AM
3 minutes MACD lol
hero member
Activity: 644
Merit: 504
Bitcoin replaces central, not commercial, banks
November 04, 2015, 09:20:54 AM
It takes big balls to short when a parabolic price rise is ongoing.

Especially when you pick calls based on the 3m MACD  Roll Eyes
legendary
Activity: 1806
Merit: 1164
November 04, 2015, 09:20:08 AM
It takes big balls to short when a parabolic price rise is ongoing.
legendary
Activity: 2170
Merit: 1094
November 04, 2015, 09:13:41 AM
Well, I took a small short at 475$, let's see how this goes...

Edit: didn't confirm, so I closed it. Will wait until 3 min MACD will cross to negative, should take 1 - 2 hours.

lol tzupy you will never learn man.

That the piglets are insane, that's indeed hard for me to learn. The bid sum in China has been decreasing, but the asks are thin, and only inertia kept this shit going up.

The market can be irrational longer than you can be solvent.

AKA the history of bears in bitcoin.

+1

You permabulls keep hodling...

I expected to have more warning, but 3 min MACD crossed to bearish much faster than I expected, now I hope for a rebound to open a new short.
full member
Activity: 209
Merit: 100
November 04, 2015, 09:09:12 AM
resistance it will apear in next days, probably 7 to 8 nov, until then spikes with 20%
hero member
Activity: 854
Merit: 503
Legendary trader
November 04, 2015, 09:08:56 AM
I feel like 500 USD, 3300 CNY, this could be it. Nice round numbers and a lot of profit.

This is your "analysis"?

At this point, yes, it may as well be. Technical indicators tend to become inaccurate in these kind of pumps.
hero member
Activity: 564
Merit: 508
November 04, 2015, 09:05:49 AM
I feel like 500 USD, 3300 CNY, this could be it. Nice round numbers and a lot of profit.

Now what about a healthy retrace to at least 3000 CNY and a last leg up?
I would greatly enjoy one more ride ...

EDIT: buy orders set from 430$ all the way down down to 315$.
hero member
Activity: 722
Merit: 500
November 04, 2015, 09:03:28 AM
I feel like 500 USD, 3300 CNY, this could be it. Nice round numbers and a lot of profit.

This is your "analysis"?
hero member
Activity: 854
Merit: 503
Legendary trader
November 04, 2015, 09:00:56 AM
I feel like 500 USD, 3300 CNY, this could be it. Nice round numbers and a lot of profit.
hero member
Activity: 509
Merit: 564
"In Us We Trust"
November 04, 2015, 08:52:33 AM
Well I was wrong.

I have no idea how high this is going. To be fair, I don't think anyone does at this point.

I'm wondering though, we didn't have leveraged buying back 2013 right? At least not to the extent we have today... I wonder how large of a role that is playing here.


full member
Activity: 183
Merit: 100
TaurusBit.com Administrator
November 04, 2015, 08:44:13 AM
Resistance CNY 3300 / USD 500.. Let's break it, bulls!

legendary
Activity: 1904
Merit: 1002
November 04, 2015, 08:36:27 AM
Well, I took a small short at 475$, let's see how this goes...

Edit: didn't confirm, so I closed it. Will wait until 3 min MACD will cross to negative, should take 1 - 2 hours.

lol tzupy you will never learn man.

That the piglets are insane, that's indeed hard for me to learn. The bid sum in China has been decreasing, but the asks are thin, and only inertia kept this shit going up.

The market can be irrational longer than you can be solvent.

AKA the history of bears in bitcoin.

+1
legendary
Activity: 1288
Merit: 1000
Enabling the maximal migration
November 04, 2015, 08:33:15 AM
Well, I took a small short at 475$, let's see how this goes...

Edit: didn't confirm, so I closed it. Will wait until 3 min MACD will cross to negative, should take 1 - 2 hours.

lol tzupy you will never learn man.

That the piglets are insane, that's indeed hard for me to learn. The bid sum in China has been decreasing, but the asks are thin, and only inertia kept this shit going up.

The market can be irrational longer than you can be solvent.

AKA the history of bears in bitcoin.
hero member
Activity: 564
Merit: 508
November 04, 2015, 08:26:18 AM
Closed 40% of my longs from 2XX$ at 490$.
Let's see.
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