Topic: Analysis - page 161. (Read 941582 times)
The log trend channel got updated ;-)
LOL, I sell and the we go up again =)
Probably goes to 170.
Any thoughts on how the stock market crash might affect BTC price movement? Is it relevant?
Bitcoin shows delayed convergence with gold, watch gold
Any thoughts on how the stock market crash might affect BTC price movement? Is it relevant?
Bitcoin shows delayed convergence with gold, watch gold
Any thoughts on how the stock market crash might affect BTC price movement? Is it relevant?
Yeah, daily adx 65 suggests bottom somewhere here (by time)
Strong support for S&P 500 at 1840. Bought a little coin here at 220.
GOOD FOR YOU
Did you make any money? Go make some money.
Did you make any money? Go make some money.
However
Look what i found
Made this a while back 
what are you trying to say, that you can draw a bull flag? lol
However
Look what i found
Made this a while back
However
New low, probably this in act.
Be warned, strong divergence with ralliing dxy and gold, probably bear trap.
Be warned, strong divergence with ralliing dxy and gold, probably bear trap.
IMO at this point technical analysis is not worth a damn until the blocksize issue is dealt with in a meaningful way. The path of least resistance will be down until that happens.
Im going to go out on a limb here and say that this is whats going on:
image snipped
On the other hand, there are no quadruple bottoms.
Suggest sitting on sell button if it crosses the trend line downwards and on the leveraged buy if it breaks the tripple bottom pattern upwards.
image snipped
On the other hand, there are no quadruple bottoms.
Suggest sitting on sell button if it crosses the trend line downwards and on the leveraged buy if it breaks the tripple bottom pattern upwards.
image snipped
Now, the red note on the top chart is just an FYI. I'm not trying to use that as an argument against a rise, just that it is valid.
http://www.authenticfx.com/candlestick-secrets.html
I agree, I just pointed out the most bullish case. But it is just as likely its a pennant and a continuation pattern, the volume supports this as well. If this is the case the price movement would likely take us back below the long trendline. The price would likely decline substantially. Its an interesting junction.
Best of luck to ya, tho. Iggy to your latest tho.Check the join date and cower in shame Chef. A handful of posts, and yet more than you've ever contributed...
Im going to go out on a limb here and say that this is whats going on:
image snipped
On the other hand, there are no quadruple bottoms.
Suggest sitting on sell button if it crosses the trend line downwards and on the leveraged buy if it breaks the tripple bottom pattern upwards.
image snipped
On the other hand, there are no quadruple bottoms.
Suggest sitting on sell button if it crosses the trend line downwards and on the leveraged buy if it breaks the tripple bottom pattern upwards.
image snipped
Now, the red note on the top chart is just an FYI. I'm not trying to use that as an argument against a rise, just that it is valid.
http://www.authenticfx.com/candlestick-secrets.html
I agree, I just pointed out the most bullish case. But it is just as likely its a pennant and a continuation pattern, the volume supports this as well. If this is the case the price movement would likely take us back below the long trendline. The price would likely decline substantially. Its an interesting junction.
Best of luck to ya, tho. Im going to go out on a limb here and say that this is whats going on:
image snipped
On the other hand, there are no quadruple bottoms.
Suggest sitting on sell button if it crosses the trend line downwards and on the leveraged buy if it breaks the tripple bottom pattern upwards.
image snipped
On the other hand, there are no quadruple bottoms.
Suggest sitting on sell button if it crosses the trend line downwards and on the leveraged buy if it breaks the tripple bottom pattern upwards.
image snipped
Now, the red note on the top chart is just an FYI. I'm not trying to use that as an argument against a rise, just that it is valid.
http://www.authenticfx.com/candlestick-secrets.html
I agree, I just pointed out the most bullish case. But it is just as likely its a pennant and a continuation pattern, the volume supports this as well. If this is the case the price movement would likely take us back below the long trendline. The price would likely decline substantially. Its an interesting junction.
Im going to go out on a limb here and say that this is whats going on:
image snipped
On the other hand, there are no quadruple bottoms.
Suggest sitting on sell button if it crosses the trend line downwards and on the leveraged buy if it breaks the tripple bottom pattern upwards.
image snipped
On the other hand, there are no quadruple bottoms.
Suggest sitting on sell button if it crosses the trend line downwards and on the leveraged buy if it breaks the tripple bottom pattern upwards.
Now, the red note on the top chart is just an FYI. I'm not trying to use that as an argument against a rise, just that it is valid.
http://www.authenticfx.com/candlestick-secrets.html
Im going to go out on a limb here and say that this is whats going on:
[img]https://i.imgur.com/u7OMDeM.jpg[img]
On the other hand, there are no quadruple bottoms.
Suggest sitting on sell button if it crosses the trend line downwards and on the leveraged buy if it breaks the tripple bottom pattern upwards.
[img]https://i.imgur.com/u7OMDeM.jpg[img]
On the other hand, there are no quadruple bottoms.
Suggest sitting on sell button if it crosses the trend line downwards and on the leveraged buy if it breaks the tripple bottom pattern upwards.
V good charts. I'll be observing this. Also fits in with Master Lucs oversold territory, so either way, we could be in for a rise in price. How high, not sure. But rise all the same
ICYMI
[img]https://i.imgur.com/DwnwmkI.png?1[img]
[img]https://i.imgur.com/DwnwmkI.png?1[img]
Do you still believe in it ? and why ?
I just put it up here. I've said it here before that the fact that this chart exists and everyone can see what is 'about to happen' means it will most likely not play out in a similar fashion. it is much too obvious and this is information that is already priced in. I would be very very surprised if this pattern repeated itself.
I was watching Jeffrey Tucker speak at the Australian Bitcoin conference. very good talk btw. Anyway, he said price goes up, drops to half, then goes up again, repeatedly.
It is my opinion that this pattern is now stale, and might be time to ruffle some feathers and pull an unexpected pattern event that will catch many off guard. Falling to $125 might be a start
my 2 cents.
*edit
Also, ive seen many say price trend past 20 months has been slower than years before. partly due to more participants, infrastructure and financial products. Already, if you look at both charts, this should maybe account for twice or even 3ice the rate in 2012/2013. So perhaps a VERY long flat period, OR, some bumps along the way before X2 or X3 speed settles in.
**edit
i also have biases from MACRO stuff from Martin Armstrong's thread on global capital flows, private assets, gold etc. Basically, BTC will rise well with other asset classes in its category when major global markets start exhibiting weakness.
***edit
As well as a couple of EW analysts that i keenly follow.
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