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Topic: Analysis - page 235. (Read 941563 times)

full member
Activity: 170
Merit: 100
RevolverCoin dev
October 13, 2014, 05:06:28 AM
~3 month downtrend, upper line: still unbroken
Bitcoin has a way to keep things interesting.

To keep it even more interesting it was broken on Huobi
legendary
Activity: 1470
Merit: 1007
October 12, 2014, 08:14:50 PM
Close above daily sma20: check (barely so, but check)




Weekly green candle, high volume close above lower BB, and above 30 RSI: check.




~3 month downtrend, upper line: still unbroken




Bitcoin has a way to keep things interesting.
hero member
Activity: 574
Merit: 506
October 12, 2014, 04:54:08 PM

That last blue line is simply hanging off one candle. Shouldn't trend lines have at least two points of contact?

I updated the chart, is it more accurate ? Anyway it's just an alternative, I prefer the bullish version posted above Cheesy

The bearish chart will be invalidated if we cross 370

Wrong. There is no volume.
sr. member
Activity: 378
Merit: 250
October 12, 2014, 12:34:14 PM

That last blue line is simply hanging off one candle. Shouldn't trend lines have at least two points of contact?

I updated the chart, is it more accurate ? Anyway it's just an alternative, I prefer the bullish version posted above Cheesy

The bearish chart will be invalidated if we cross 370
hero member
Activity: 722
Merit: 500
October 12, 2014, 12:10:40 PM

That last blue line is simply hanging off one candle. Shouldn't trend lines have at least two points of contact?
sr. member
Activity: 378
Merit: 250
October 12, 2014, 12:04:17 PM
Bearish alternative (I hope not) :

hero member
Activity: 722
Merit: 500
October 12, 2014, 11:03:06 AM
breakout ??

(I watched Bitstamp and Huobi, this time Bitstamp followed Huobi)

Yep. All four default Wisdom 1 hr. charts.
sr. member
Activity: 378
Merit: 250
October 12, 2014, 10:59:09 AM
breakout ??

(I watched Bitstamp and Huobi, this time Bitstamp followed Huobi)


full member
Activity: 239
Merit: 100
October 12, 2014, 09:10:53 AM
Bitstamp is no more market efficient for ages... you should look to BTC/CNY.

https://www.tradingview.com/x/YTqfGs51/
Hmmh, interesting. I have heard tale that the Chinese exchanges all have fake volume and whatnot, although these rumors may be unfounded, or indeed irrelevant.

Looking at CNY data now and current triangle there is in fact more clear. Will have to keep my eye open to see whether signals from Stamp or China tend to lead the market.

edit: added China triangle

sr. member
Activity: 378
Merit: 250
October 12, 2014, 07:53:15 AM

Bitstamp is no more market efficient for ages... you should look to BTC/CNY.

Seems more bullish on BTC/CNY
legendary
Activity: 2478
Merit: 1362
October 12, 2014, 07:39:40 AM
Current triangle on Bitstamp. Touching lower line, but reluctant to break down so far.


I like this one also, more of a clusterfuck Grin



Bitstamp is no more market efficient for ages... you should look to BTC/CNY.

sr. member
Activity: 294
Merit: 250
October 12, 2014, 07:30:30 AM
Current triangle on Bitstamp. Touching lower line, but reluctant to break down so far.


I like this one also, more of a clusterfuck Grin

https://i.imgur.com/arqYxhD.png


Haha, nice.  So basically, it looks like we both don't know what we're doing...

Or maybe, the market doesn't either, and we're just picking that up. Yeah, that sounds much better Tongue

Looks to me as both triangles are valid. Price is always interacting with many different forces on many different scales.

so, what's your prediction? will we go to 400 soon and make it support or we will continue falling (no trend reversal)?
hero member
Activity: 798
Merit: 1000
Who's there?
October 11, 2014, 05:59:23 PM
Does it make any sense?  (1w, MACD)

member
Activity: 83
Merit: 10
mene mene tekel upharsin
October 11, 2014, 11:19:13 AM
Current triangle on Bitstamp. Touching lower line, but reluctant to break down so far.


I like this one also, more of a clusterfuck Grin

https://i.imgur.com/arqYxhD.png


Haha, nice.  So basically, it looks like we both don't know what we're doing...

Or maybe, the market doesn't either, and we're just picking that up. Yeah, that sounds much better Tongue

Looks to me as both triangles are valid. Price is always interacting with many different forces on many different scales.
legendary
Activity: 1470
Merit: 1007
October 11, 2014, 08:29:27 AM
Current triangle on Bitstamp. Touching lower line, but reluctant to break down so far.


I like this one also, more of a clusterfuck Grin

https://i.imgur.com/arqYxhD.png


Haha, nice.  So basically, it looks like we both don't know what we're doing...

Or maybe, the market doesn't either, and we're just picking that up. Yeah, that sounds much better Tongue
full member
Activity: 239
Merit: 100
October 11, 2014, 08:06:31 AM
Current triangle on Bitstamp. Touching lower line, but reluctant to break down so far.


I like this one also, more of a clusterfuck Grin

legendary
Activity: 938
Merit: 1013
October 11, 2014, 07:08:01 AM
stupid liar    Cheesy

You should say : "I always believe in bitcoin even if it falls to 1 dollar" Grin
What did I say so you insult me so?

Blitz, could you do some influence on this motherfucker? You always watch this thread to be clean.
legendary
Activity: 1470
Merit: 1007
October 11, 2014, 07:02:08 AM
Current triangle on Bitstamp. Touching lower line, but reluctant to break down so far.

member
Activity: 71
Merit: 10
October 11, 2014, 02:11:36 AM
I believe in bitcoin, no matter what is it value.
hero member
Activity: 642
Merit: 500
Evolution is the only way to survive
October 10, 2014, 10:57:36 PM
I don't use leverage

stupid liar    Cheesy

You should say : "I always believe in bitcoin even if it falls to 1 dollar" Grin
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