Topic: Analysis - page 169. (Read 941563 times)
Thanks.
there is a trend line @255 and rising. should not be broken on mid term bullish scenario.
So this triangle extends well into september it seems, with lows around 245
I really hate any kind of triangles 
they makes me really nervous untill I figure out this is triangle.
they makes me really nervous untill I figure out this is triangle.
^ In this case I predict prolonged sideways moves. I insist Bitcoin left downtrend from $1200 high.
If there will be no $50 dumps in few weeks, daily picture will form significant bullish hidden divergences.
And currently price is in some sort of bullish wedge, however wedges confirmed on new higher high (currently >$284).
If there will be no $50 dumps in few weeks, daily picture will form significant bullish hidden divergences.
And currently price is in some sort of bullish wedge, however wedges confirmed on new higher high (currently >$284).
Still in a flat correction from 318 high imho.
But below $255, the new uptrend would be invalidated, right ?
Still in a flat correction from 318 high imho.
Strong support at $210 then ?
"We're Hitting *Support* Here At $255"
Strong support at $210 then ?
Luc, what do you think will happen if we break $250 ?
I was asked by OP to post my chart here. It looks like one single move (bubble) to ~1150 and the 52EMA shows the support and resistance quite nicely.
Luc, what do you think will happen if we break $250 ?
Anyway the triangle looks like it might be breaking to the downside.
Could we be seeing a repeat of aug/sep 2014?
If it breaks down, yes we could. It would also mean that the whole July rally was misleading, being amplified by the litecoin ponzi.
Anything is possible. But it hasn't broken anywhere yet.
Now it broke down with volume, damaging (but not invalidating yet) the bullish scenario.
If no significant buying will occur soon, then during the next days this could drift lower.
Yep someone pushed us down..
Pretty big support at ~255. Sma200, escape trend, many of my vwap deviations, weekly sma20.
Anyway the triangle looks like it might be breaking to the downside.
Could we be seeing a repeat of aug/sep 2014?
If it breaks down, yes we could. It would also mean that the whole July rally was misleading, being amplified by the litecoin ponzi.
Anything is possible. But it hasn't broken anywhere yet.
Now it broke down with volume, damaging (but not invalidating yet) the bullish scenario.
If no significant buying will occur soon, then during the next days this could drift lower.
Yeah, the 1 year daily ma is strong. I suppose the target of correction should be near daily ma 200 (retest). But I see many supports and oversold conditions.
It is stuck between 200 and 365 ema. MACD expecting a bounce always happens near zero line. SS oversold. Volume is weak so far.
It is stuck between 200 and 365 ema. MACD expecting a bounce always happens near zero line. SS oversold. Volume is weak so far.
Looks too oversold on hourly chart at adx 80 with red dl and rsi 27.
Anyway the triangle looks like it might be breaking to the downside.
Could we be seeing a repeat of aug/sep 2014?
If it breaks down, yes we could. It would also mean that the whole July rally was misleading, being amplified by the litecoin ponzi.
Anything is possible. But it hasn't broken anywhere yet.
Anyway the triangle looks like it might be breaking to the downside.
Could we be seeing a repeat of aug/sep 2014?
If it breaks down, yes we could. It would also mean that the whole July rally was misleading, being amplified by the litecoin ponzi.
Anyway the triangle looks like it might be breaking to the downside.
Could we be seeing a repeat of aug/sep 2014?
also depends on your school of thought. Look what i found
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