Author

Topic: Analysis - page 131. (Read 941567 times)

legendary
Activity: 2156
Merit: 1094
November 04, 2015, 09:22:16 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.
legendary
Activity: 1288
Merit: 1000
Enabling the maximal migration
November 04, 2015, 09:19:59 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.
hero member
Activity: 564
Merit: 508
November 04, 2015, 09:16:31 AM
Masterluc?
hero member
Activity: 588
Merit: 500
November 04, 2015, 09:14:05 AM
Depending on the size of this bubble, there could be more instances like that, where we correct then rise, maybe even of greater amounts.
legendary
Activity: 1281
Merit: 1000
☑ ♟ ☐ ♚
November 04, 2015, 09:09:04 AM
Lucif, have you re bought or do you missed the train ? :-)

What do you think? You'd be crazy to rebuy here if you sold earlier, unless it's for a quick scalp.

Probably you're right, this looks a somewhat irrational rise.
Yet if what we have here is a true bubble it may pop soon or it may spike up noticeably from here.

Nobody knows how high this will spike, but you can clearly see the ramp up has been accelerating and if you extrapolate this you can state with 99% certainty that a serious crash/correction is coming within 2-3 days from now (my guess is either today or tomorrow). I'm not a bear like some people are, I think we'll be higher than we are now next year. But very short term we can clearly see that a big crash is coming, and the higher we spike the deeper the following crash will be.

Didn't we just crashed to USD 375 from USD 420, that's not big enough?
hero member
Activity: 564
Merit: 508
November 04, 2015, 08:43:57 AM
Lucif, have you re bought or do you missed the train ? :-)

What do you think? You'd be crazy to rebuy here if you sold earlier, unless it's for a quick scalp.

Probably you're right, this looks a somewhat irrational rise.
Yet if what we have here is a true bubble it may pop soon or it may spike up noticeably from here.

Nobody knows how high this will spike, but you can clearly see the ramp up has been accelerating and if you extrapolate this you can state with 99% certainty that a serious crash/correction is coming within 2-3 days from now (my guess is either today or tomorrow). I'm not a bear like some people are, I think we'll be higher than we are now next year. But very short term we can clearly see that a big crash is coming, and the higher we spike the deeper the following crash will be.

I absolutely agree about a correction coming within 2 days (i'd say tomorrow or friday).
The point IMHO is how high price may spike up in the meantime.

China just broke 3200 CNY, so 500$ is in the charts and 550-600$ is not out question IMHO, even if that's NOT the most probable scenario.
legendary
Activity: 1246
Merit: 1000
November 04, 2015, 08:33:30 AM
Lucif, have you re bought or do you missed the train ? :-)

What do you think? You'd be crazy to rebuy here if you sold earlier, unless it's for a quick scalp.

Probably you're right, this looks a somewhat irrational rise.
Yet if what we have here is a true bubble it may pop soon or it may spike up noticeably from here.

Nobody knows how high this will spike, but you can clearly see the ramp up has been accelerating and if you extrapolate this you can state with 99% certainty that a serious crash/correction is coming within 2-3 days from now (my guess is either today or tomorrow). I'm not a bear like some people are, I think we'll be higher than we are now next year. But very short term we can clearly see that a big crash is coming, and the higher we spike the deeper the following crash will be.
legendary
Activity: 1302
Merit: 1318
Technical Analyst/Trader
November 04, 2015, 08:11:04 AM

Not sure what you mean by writing "The order books are empty" and "few pumpers".
I'd say on the contrary we have A LOT of trades and volatility.
Price moved up 17% in 12h, 24% on 24h.

I'm no bear nor bull, just an observer struggling to find the sweet spot to close his long trades.
So far i can't see any reliable signals.


I believe that is what whales with big pockets are counting on:  People who "... find the sweet spot to close his long trades."  Big money has the patience to wait.  They will keep taking this up [Giving opportunities for people to sell at so called sweet spots].  They will be sitting sweet in 2017/2018.  I believe big pockets have decided to jump in now rather than wait until sometime after the new year to accumulate coin.  

This may also be a scheme to pump up to over $2k by May, 2016 and dump to $1.2k.
legendary
Activity: 2156
Merit: 1094
November 04, 2015, 08:10:10 AM
Well, I took a small short at 475$, 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.
hero member
Activity: 564
Merit: 508
November 04, 2015, 08:04:07 AM
Lucif, have you re bought or do you missed the train ? :-)

What do you think? You'd be crazy to rebuy here if you sold earlier, unless it's for a quick scalp.

Probably you're right, this looks a somewhat irrational rise.
Yet if what we have here is a true bubble it may pop soon or it may spike up noticeably from here.



The order books are empty. Btc price is floating and Nobody dares to move besides the few pumpers.

At this point you gotta be crazy shorting or going long.

Question is a which threshold people will realise their profit.


Greed is King now.

Not sure what you mean by writing "The order books are empty" and "few pumpers".
I'd say on the contrary we have A LOT of trades and volatility.
Price moved up 17% in 12h, 24% on 24h.

I'm no bear nor bull, just an observer struggling to find the sweet spot to close his long trades.
So far i can't see any reliable signals.

EDIT: Question is: will Chinese break 3200 CNY or not? At the moment i have no clue.



legendary
Activity: 1260
Merit: 1002
November 04, 2015, 07:57:41 AM
Lucif, have you re bought or do you missed the train ? :-)

What do you think? You'd be crazy to rebuy here if you sold earlier, unless it's for a quick scalp.

Probably you're right, this looks a somewhat irrational rise.
Yet if what we have here is a true bubble it may pop soon or it may spike up noticeably from here.



The order books are empty. Btc price is floating and Nobody dares to move besides the few pumpers.

At this point you gotta be crazy shorting or going long.

Question is a which threshold people will realise their profit.

Greed is King now.
hero member
Activity: 564
Merit: 508
November 04, 2015, 07:54:01 AM
Lucif, have you re bought or do you missed the train ? :-)

What do you think? You'd be crazy to rebuy here if you sold earlier, unless it's for a quick scalp.

Probably you're right, this looks a somewhat irrational rise.
Yet if what we have here is a true bubble it may pop soon or it may spike up noticeably from here.

legendary
Activity: 1246
Merit: 1000
November 04, 2015, 07:37:33 AM
Lucif, have you re bought or do you missed the train ? :-)

What do you think? You'd be crazy to rebuy here if you sold earlier, unless it's for a quick scalp. I'd much rather have seen a more slow ramp up, because this is gonna crash hard very soon. Nice if you made mad profits though, but not so good for BTC I think when the inevitable crash comes. Wouldn't be surprised to see 200s again, it never ends well when the chart looks like this. Retracements and consolidation periods are important to establish support, there is none now until way down into the 200s.
newbie
Activity: 22
Merit: 0
November 04, 2015, 05:51:27 AM
Bullish count:
https://i.imgur.com/dsglVWT.jpg

But as always, for every bullish count there is an equally bearish one...

What price is 5 ?

10K at least. price is on a log scale.
Timing looks like 2017?

It took ~4 years+- to reach 1163 (I). Probably looking at same timeframe or more to reach III. But all of this assumes that we are actually in a new Bull market. I would be cautious to mortgage your house to buy bitcoin. Although this rally is quite convincing its also what you might expect as a counter trend rally. What this rally has got going for it is the rather good volume. What is going against it is the bipolar world of central bank reflation on an even stronger deflationary backdrop.   
hero member
Activity: 703
Merit: 502
November 04, 2015, 05:41:24 AM
Bullish count:
https://i.imgur.com/dsglVWT.jpg

But as always, for every bullish count there is an equally bearish one...

What price is 5 ?

10K at least. price is on a log scale.
Timing looks like 2017?
legendary
Activity: 1260
Merit: 1008
November 04, 2015, 05:24:41 AM
Bullish count:
https://i.imgur.com/dsglVWT.jpg

But as always, for every bullish count there is an equally bearish one...

What price is 5 ?

10K at least. price is on a log scale.
hero member
Activity: 564
Merit: 508
November 04, 2015, 04:56:13 AM
Bullish count:


But as always, for every bullish count there is an equally bearish one...

What price is 5 ?

Not high enough?
sr. member
Activity: 379
Merit: 250
November 04, 2015, 04:54:31 AM
Bullish count:


But as always, for every bullish count there is an equally bearish one...

What price is 5 ?
hero member
Activity: 564
Merit: 508
November 04, 2015, 04:12:28 AM
Eagerly waiting for Masterluc thoughts ...
hero member
Activity: 703
Merit: 502
November 04, 2015, 04:11:13 AM
Market is so overbought that there is not much bids left... Yet China continues buying.

chinese household holdings (20 trillion usd) + capital controls = do the math (if only 1% trickles down into bitcoin)

be very very scared though when they decide to all go the other way.
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