sorry to bother you again, can't remember , why $30 ?
It's just a channel.... can you not see the blue lines in his post above explaining
Topic: Analysis - page 197. (Read 941563 times)
It's just a channel.... can you not see the blue lines in his post above explaining
sorry to bother you again, can't remember , why $30 ?
I see it falling it a bit more like $130-$140 based on fear of the market.
Usually downtrends always end up continue based on peoples mindsets. Even the newbie who joined this forum would probably sell his coin right when he got it 1 hr ago from a localbitcoin transaction.
Its based on how much risk you are willing to hold, and like most people they dont want any of it.
Usually downtrends always end up continue based on peoples mindsets. Even the newbie who joined this forum would probably sell his coin right when he got it 1 hr ago from a localbitcoin transaction.
Its based on how much risk you are willing to hold, and like most people they dont want any of it.
I have to show you a very dangerous channel with bottom now around $30 and falling
Profesor bitcorn ? :-) $30 is simply impossible. It can go to zero (if protocol fails) but not to $30.
$30 is not impossible.
I agree with luc, things will get ugly sooner than they will get better.
Bitcoin has never endured a true bear market. We've only been in a bull market since 2009. Bitcoin is just as old as the bull market.
Hard times ahead.
$3,000 before $30
lol, it's the other way around. We will go above ATH after finding the new low.
I have to show you a very dangerous channel with bottom now around $30 and falling
Profesor bitcorn ? :-) $30 is simply impossible. It can go to zero (if protocol fails) but not to $30.
$30 is not impossible.
I agree with luc, things will get ugly sooner than they will get better.
Bitcoin has never endured a true bear market. We've only been in a bull market since 2009. Bitcoin is just as old as the bull market.
Hard times ahead.
$3,000 before $30
I have to show you a very dangerous channel with bottom now around $30 and falling
Profesor bitcorn ? :-) $30 is simply impossible. It can go to zero (if protocol fails) but not to $30.
$30 is not impossible.
I agree with luc, things will get ugly sooner than they will get better.
Bitcoin has never endured a true bear market. We've only been in a bull market since 2009. Bitcoin is just as old as the bull market.
Hard times ahead.
Oops yes I forgot the script sorry. Its all bearish from here, down to $30
I didn't say it goes to 30, just showed the chanel. Bottom could be anywhere from here down to 110 or even 30. And risk/reward ratio very bad on my 180 bids.
I have to show you a very dangerous channel with bottom now around $30 and falling
Profesor bitcorn ? :-) $30 is simply impossible. It can go to zero (if protocol fails) but not to $30.
That level must show some resistance, but when I look at the empty space below in chanel - I shit my pants to leave bids there.
I cancel my bids at 170-190 hehe 
some shit probably comming
some shit probably commingyeay! so did I! thx lucif!
I cancel my bids at 170-190 hehe some shit probably comming
some shit probably comming Looks to me like a bullish divergence between price and momentum at the moment..
did you discover price reactions in past on such divs? Need confirmation from another oscillator.
I have to show you a very dangerous channel with bottom now around $30 and falling
The longer term log channel has higher bottom, now is around $110
The longer term log channel has higher bottom, now is around $110
Looks to me like a bullish divergence between price and momentum at the moment..
Unfortunately those graphs are not really very useful anymore due to the increasing fragmentation of exchanges as well as the fact that bitstamp was hacked and is continually losing market share. The only way to draw a meaningful conclusion based on volume would be to aggregate the data from all available sources (and somehow be sure that the chinese data is accurate).
Solid analysis of volume+bid/ask, Wandererfromthenorth.
Hehe, I'm hardly bullish at the moment. The point I was trying to make was simply that luc's "big picture" analysis was first and foremost about saying "prepare yourself for a long period of stagnation", and less about another crash (so: not ruling that one out, but not stressing it either) - but maybe I misunderstood luc. Anyway, I see it the way like damiano said above: the really painful part could be the stagnation to come, not further sharp price decline. /shrug
My reply was for the bolded parts of your reply.
Imo you read luc posts with a bit too strong bull classes. Luc could comment, but my interpretation from example H&S pattern that luc has showed also, is that luc thinks that new LL <166 is likely.
We could see capitulation <100 then upper weekly BB then "very fucking long silent phase" at middle weekly BB.
Imo you read luc posts with a bit too strong bull classes. Luc could comment, but my interpretation from example H&S pattern that luc has showed also, is that luc thinks that new LL <166 is likely.
We could see capitulation <100 then upper weekly BB then "very fucking long silent phase" at middle weekly BB.
Hehe, I'm hardly bullish at the moment. The point I was trying to make was simply that luc's "big picture" analysis was first and foremost about saying "prepare yourself for a long period of stagnation", and less about another crash (so: not ruling that one out, but not stressing it either) - but maybe I misunderstood luc. Anyway, I see it the way like damiano said above: the really painful part could be the stagnation to come, not further sharp price decline. /shrug
medium term stagnation would mechanically imply more dumps tho. patience is not market compatible. especially this one.
Solid analysis of volume+bid/ask, Wandererfromthenorth.
Hehe, I'm hardly bullish at the moment. The point I was trying to make was simply that luc's "big picture" analysis was first and foremost about saying "prepare yourself for a long period of stagnation", and less about another crash (so: not ruling that one out, but not stressing it either) - but maybe I misunderstood luc. Anyway, I see it the way like damiano said above: the really painful part could be the stagnation to come, not further sharp price decline. /shrug
My reply was for the bolded parts of your reply.
Imo you read luc posts with a bit too strong bull classes. Luc could comment, but my interpretation from example H&S pattern that luc has showed also, is that luc thinks that new LL <166 is likely.
We could see capitulation <100 then upper weekly BB then "very fucking long silent phase" at middle weekly BB.
Imo you read luc posts with a bit too strong bull classes. Luc could comment, but my interpretation from example H&S pattern that luc has showed also, is that luc thinks that new LL <166 is likely.
We could see capitulation <100 then upper weekly BB then "very fucking long silent phase" at middle weekly BB.
Hehe, I'm hardly bullish at the moment. The point I was trying to make was simply that luc's "big picture" analysis was first and foremost about saying "prepare yourself for a long period of stagnation", and less about another crash (so: not ruling that one out, but not stressing it either) - but maybe I misunderstood luc. Anyway, I see it the way like damiano said above: the really painful part could be the stagnation to come, not further sharp price decline. /shrug
In short, If it was the actual bottom EW predicts an subsequent increase in trading volume, which hasn't transpired.
Thanks.
Thanks.
Volume:
2011: Increasing Volume
2013: Increasing volume
2015: Decreasing volume
Bid Sum:
2013: Increasing Bid Sum
2015: Decreasing Bid Sum:
Unfortunately I can't find info on the increasing/decreasing Bid Sum in 2011 on gox
The depth charts I found don't show data before 2012
2011: Increasing Volume
2013: Increasing volume
2015: Decreasing volume
Bid Sum:
2013: Increasing Bid Sum
2015: Decreasing Bid Sum:
Unfortunately I can't find info on the increasing/decreasing Bid Sum in 2011 on gox
The depth charts I found don't show data before 2012
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