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Topic: Analysis - page 134. (Read 941567 times)

hero member
Activity: 681
Merit: 507
November 03, 2015, 10:37:25 AM
is it time to draw fibonacci from 152 to 1163?

/e or maybe analysis ends here?
legendary
Activity: 2002
Merit: 1040
November 03, 2015, 10:37:16 AM
Good times  Smiley
legendary
Activity: 938
Merit: 1013
November 03, 2015, 10:36:19 AM
Volatility obviously returns, oh yeah. This was promised on 280 "nice shoot up"  Grin
legendary
Activity: 2002
Merit: 1040
November 03, 2015, 10:34:37 AM
We can all agree that we're out of the horizontal channel though, right Luc?  Tongue  Grin
legendary
Activity: 938
Merit: 1013
November 03, 2015, 10:30:26 AM
Hello guys, I must admit I know nothing about Bitcoin  Grin Mu most optimistic thoughts were 360 (in one shot).

Okay, trying to learn from scratch.

year vwap +3 (!!!)



Escape log trend - log here is only relevant.


legendary
Activity: 2646
Merit: 2793
Shitcoin Minimalist
November 03, 2015, 09:57:51 AM
My plan kind of went out the window when we blasted through $360. My only plan now is to hold on tight.
sr. member
Activity: 442
Merit: 250
November 03, 2015, 09:29:19 AM
so everybody closed some nice longs by now?

Opened mine again at 336€ on that last dip  Smiley

Market is going crazy  Cheesy
legendary
Activity: 2156
Merit: 1094
November 03, 2015, 09:11:50 AM
legendary
Activity: 1260
Merit: 1002
November 03, 2015, 07:36:47 AM
so everybody closed some nice longs by now?
hero member
Activity: 841
Merit: 1000
November 03, 2015, 06:32:49 AM
That is exactly my question towards Lucifer. Isnt this current market behavior something you would expect with a wave 3? You were talking about a wave three some weeks ago.
legendary
Activity: 1162
Merit: 1004
November 03, 2015, 06:14:15 AM
Re read my post. You think you missed train, you have a greed to buy more. You have a fear to loose some btc. You have a greed and fear and you say don't have emotions now which will drive decisions?

If you lie to yourself about yourself, stay away from trading.

You ask probably where to buy back. I give you more - I tell how to control yourself. What you think now about future of price is illusion powered by greed and fear. Go rest until they gone.

I think, someone without trading skills should not trade but invest. Should an investor sell into a parabolic rise of small wave degree when we are at the beginning of historic wave 3 up? I think that would be a very bad idea.
zby
legendary
Activity: 1592
Merit: 1001
November 03, 2015, 05:29:46 AM
Does this not look exactly like what we have been waiting for? The measure of closing outside of weekly BB is exactly about this condition - about the rally going faster than people think it could.
legendary
Activity: 1498
Merit: 1000
November 03, 2015, 04:15:11 AM
Yeap - I use a stop 10% lower of the recent price peak ALWAYS.

fueling a crash when it happens. But no worries: shorts need closing, too.

Recent peak is 378, my stop would be at 340. Do you really think I will have much slippage there? Nope..
donator
Activity: 2772
Merit: 1019
November 03, 2015, 03:58:14 AM
Yeap - I use a stop 10% lower of the recent price peak ALWAYS.

fueling a crash when it happens. But no worries: shorts need closing, too.
legendary
Activity: 1498
Merit: 1000
November 03, 2015, 03:22:36 AM
If it breaks out again I will buy back.

Parabolic uptrend is not designed to buy in but sell into.

Why not use a trailing stop in this case? Then if price goes crazy you can still profit, but if it starts to fall profits are protected.
Yeap - I use a stop 10% lower of the recent price peak ALWAYS. So loss is manageable. There are tools nowadays so you don't get REKT (I don't use leverage anymore anyway, especially in big volatility periods).
legendary
Activity: 1498
Merit: 1000
November 03, 2015, 03:18:23 AM
If it breaks out again I will buy back.

Parabolic uptrend is not designed to buy in but sell into.
Scalp - it worked again.

I sell about 10$ higher.

I use only half of my fiat, I am long since 235-240 with other half. Won't sell them until I see signal in the daily...
hero member
Activity: 870
Merit: 585
November 03, 2015, 01:57:59 AM
As Ziggy F once said, "Sometimes a cigar is just a cigar."
legendary
Activity: 938
Merit: 1013
November 03, 2015, 01:38:10 AM
No, its irrational analyzis  Cheesy



sr. member
Activity: 442
Merit: 250
November 03, 2015, 01:30:46 AM
Yep, ultimately Cheesy

3d, 1d, 12h RSI is crazy high... Not sure if this can continue without correction?

Is that a question or a comment?  Cheesy
I agree! It's definitely due

Both Grin Drinking beer and trying find out how irrational the market can be.
legendary
Activity: 1246
Merit: 1000
November 03, 2015, 01:29:23 AM
Okay, lets analyze situation. This picture ultimately explains current situation.



FOMO cat?  Tongue
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