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Topic: Analysis - page 227. (Read 941563 times)

legendary
Activity: 2002
Merit: 1040
November 12, 2014, 04:23:14 PM
Case #2. We had completed Historical 2 (from historical 1 $1200 high) in tripple zigzag wedge. And there should be some fucking impressive historical 3.


what does this mean?!??!!? is it bullish or bearish?

I believe 3 would be up.  Grin
hero member
Activity: 615
Merit: 500
November 12, 2014, 04:21:52 PM
Case #2. We had completed Historical 2 (from historical 1 $1200 high) in tripple zigzag wedge. And there should be some fucking impressive historical 3.


what does this mean?!??!!? is it bullish or bearish?
legendary
Activity: 938
Merit: 1013
November 12, 2014, 04:16:35 PM
Case #2. We had completed Historical 2 (from historical 1 $1200 high) in tripple zigzag wedge. And there should be some fucking impressive historical 3.

sr. member
Activity: 295
Merit: 250
November 12, 2014, 04:12:34 PM
For Case #1 how far down would you expect the price to drop after a top at 480-500?
legendary
Activity: 938
Merit: 1013
November 12, 2014, 04:09:12 PM
Case #1. Impulse down from 680 high complete and this is flat correction with top at 480-500.


sr. member
Activity: 336
Merit: 260
November 12, 2014, 04:01:40 PM
Bull trap? Miners haven't had time to react yet to start dumping?
legendary
Activity: 938
Merit: 1013
November 12, 2014, 04:00:32 PM
Probably 480-500.

Actually I confused now. Have many versions of further development. Need some time to understand what happening.
donator
Activity: 2772
Merit: 1019
November 12, 2014, 03:54:22 PM

Odds are 40% for 420 broken and then 500 reached.

60% for incomplete impulse down from 680 will continue after triangle (triangle not formed well yet)

Impressive. So impulse down was complete.

Does this mean 500 will be reached?
legendary
Activity: 938
Merit: 1013
November 12, 2014, 03:48:11 PM
Impressive. So impulse down was complete.
legendary
Activity: 2156
Merit: 1094
November 12, 2014, 02:57:29 PM
Chinese exchanges manipulation is obvious at BTCChina. Bid sum grew over 6 times within 6 days.
AFAIK the fiat inputs are still restricted, and on Huobi the bid have been depleted, lower than 1 month ago.
legendary
Activity: 1470
Merit: 1007
November 12, 2014, 02:11:17 PM
Let nobody say Bitcoin is a boring market.

When it goes bull, it goes full retard bull.

(I expect the inevitable landing on earth to be epic as well :D)


We probably all know that this daily candle can't survive... but it feels so good for a brief while!

newbie
Activity: 22
Merit: 0
November 12, 2014, 02:02:02 PM
Shorts getting squeezed...
newbie
Activity: 43
Merit: 0
November 12, 2014, 01:50:31 PM
Aaaand we just blew past 420. @ stamp. Definite breakout Master? My buy finger is ready!
sr. member
Activity: 283
Merit: 250
November 12, 2014, 01:43:45 PM
Wow, China seems to be in Honeybadger-mode. 2573CNY broken. Will stamp follow?

hero member
Activity: 622
Merit: 500
November 12, 2014, 01:39:40 PM
China broke the October high.  Lets see if the West confirms.
hero member
Activity: 841
Merit: 1000
November 12, 2014, 01:36:14 PM
are we finally in bull?

breaking 420 substantially before correcting would constitute a 'higher high' and put is into an uptrend since the 275 low.

If you zoom out you can still talk about a bear market, though.

Yes, but don't zoom out too much because you will see bull again Cheesy
full member
Activity: 144
Merit: 100
November 12, 2014, 01:32:08 PM
If you zoom out you can still talk about a bear market, though.


 Cheesy Cheesy
donator
Activity: 2772
Merit: 1019
November 12, 2014, 12:40:30 PM
are we finally in bull?

breaking 420 substantially before correcting would constitute a 'higher high' and put is into an uptrend since the 275 low.

If you zoom out you can still talk about a bear market, though.
legendary
Activity: 1470
Merit: 1007
November 12, 2014, 11:45:55 AM
Exchanges could conspire some dark biz & trade volume might be faked. But the onchain data shows daily transaction amount is approaching all time high which means there are real demands for btc
Approaching to 100k transactions per day. While Gavin said 1M blocksize limit is a hard limit of approx 7 trx per second or 600k per day. Bitcoin is full 1/6 of its capacity.

Good thing he's not a controlled hard fork hater then Cheesy
legendary
Activity: 938
Merit: 1013
November 12, 2014, 11:34:16 AM
Exchanges could conspire some dark biz & trade volume might be faked. But the onchain data shows daily transaction amount is approaching all time high which means there are real demands for btc
Approaching to 100k transactions per day. While Gavin said 1M blocksize limit is a hard limit of approx 7 trx per second or 600k per day. Bitcoin is full 1/6 of its capacity.
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