Topic: Analysis - page 133. (Read 941567 times)
markets buy and sell for volume...but the real fact is they only buy cos btc is rare now
Time of day, US Govt is hodling 44k about to sell, and the US investment community is loving it right now.
what (big) exchanges they have anyway?!
Time of day, US Govt is hodling 44k about to sell, and the US investment community is loving it right now.
Also, we still haven't resolved any part of the blocksize issue and the Fed is soon to raise interest rates (lifting the value of USD).
I am still hesitant, but am keeping an eye on as usual...
I am still hesitant, but am keeping an eye on as usual...
Yeah right
Also, we still haven't resolved any part of the blocksize issue and the Fed is soon to raise interest rates (lifting the value of USD).
I am still hesitant, but am keeping an eye on as usual...
Fundamentals. Should I?I am still hesitant, but am keeping an eye on as usual...
Technicals. When?
Also, we still haven't resolved any part of the blocksize issue and the Fed is soon to raise interest rates (lifting the value of USD).
I am still hesitant, but am keeping an eye on as usual...
I am still hesitant, but am keeping an eye on as usual...
This is too fast to be sustainable for an all time high situation. We are going to back off after $425-$430, IMO.
Perhaps we could see an all-time high, but this is definitely unsustainable unless the growth starts to slow down very quickly and I'm unsure if that is going to happen. I'm worried that we're walking right into another bubble and that a lot of people are going to see themselves get burnt.
Still. It's nice that I made a nice chunk of change over the past week.
This is too fast to be sustainable for an all time high situation. We are going to back off after $425-$430, IMO.
Logical, but price went from low 200's to 1100 in the span of only November of 2013. That's $800 gain in a month. So far it's seemed any corrections following meteoric rises are merely short-term before continuing to rocket upwards, so any correction we see at 425 I would not expect to be the end, merely a minor setback and chance to accumulate before the next phase upwards.
This is too fast to be sustainable for an all time high situation. We are going to back off after $425-$430, IMO.
Isn't the 100% supposed to be at the top and the 0% at the bottom?
Like this:
Technically it doesn't matter, but yes it makes more sense to draw it that way as you are measuring the retracement to the larger trend down, starting from bottom.Like this:
Also speaking of fibs
China touching on a potential 100% corrective ratio and resistance line.
Isn't the 100% supposed to be at the top and the 0% at the bottom?
Like this:
-snip-
thanks for that chart. Both yours and the one in the post below suggest that around $390 there should be a significant resistance. Like this:
-snip-
That is very much in line with my feeling about the current price. The pace of the growth in the recent two days is simply unsustainable and a correction is due.
There are no news or fundamental reasons to justify it.
From TA's point of view now even Steve Wonder can see that we are out of the horizontal channel. The question is where the correction would put us, whether we come back below $300 (back to horizontal channel) or we establish new side range $320-350.
Isn't the 100% supposed to be at the top and the 0% at the bottom?
I think if you are measuring a uptrend the bottom is 100% and the top 0%. it's always chasing 0% in the direction of the trend.
Gonna visit UDO concert tonight and get some wisdom 
He will tell me whats right Happy trading!
He will tell me whats right Happy trading! 
Combine the Fibonacci extensions with koryu's chart above if we do have the gas to get to $500, good level to take some profits. I would think it uncommon for price to advance past 2.618 extension without a correction:
Isn't the 100% supposed to be at the top and the 0% at the bottom?
Like this:
Like this:
talking about that one, how important is 368?
Usually it should be a resistance but because of triangle appex year ago.
talking about that one, how important is 368?
is it time to draw fibonacci from 152 to 1163?
/e or maybe analysis ends here?
/e or maybe analysis ends here?
Yes, I do it regularry. Don't scare people coz path to 38.2% is one shot
Ist too late to step in again now, right? Cant move upward forever that fast..
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