Author

Topic: Analysis - page 236. (Read 941582 times)

legendary
Activity: 938
Merit: 1000
chaos is fun...…damental :)
October 10, 2014, 07:30:21 PM
I don't use leverage
stop shorting against the box
legendary
Activity: 938
Merit: 1013
October 10, 2014, 07:22:09 PM
I don't use leverage
legendary
Activity: 1176
Merit: 1000
October 10, 2014, 07:07:22 PM
How many short positions do you have open luc?
legendary
Activity: 938
Merit: 1013
October 10, 2014, 10:29:25 AM
I see price neither left 3rd falling channel, nor had great success with lower weekly bb resistance. Also it topped almost at 62% retracement from last daily lower high to lower low. This is still direct threat of downside acceleration.
legendary
Activity: 938
Merit: 1013
October 10, 2014, 10:20:06 AM
1-2 weeks, odds are high.
sr. member
Activity: 336
Merit: 260
October 10, 2014, 10:16:40 AM
Shouldn't it test this year's new low at below $300 for the second time? It certainly feels like it's poised to do just that in a couple of weeks.
legendary
Activity: 1050
Merit: 1000
October 10, 2014, 09:26:23 AM
Yes, news lows are probably on horizon

Oh, ouch. Any predictions for the lows, or too soon to tell? If it goes below the previous ATH that will be something.

*prepares to offload*
legendary
Activity: 1666
Merit: 1010
he who has the gold makes the rules
October 09, 2014, 06:16:16 PM
fyi a new EW thread goes well with some of the charts here

https://bitcointalksearch.org/topic/critical-levels-ew-analysis-812637
legendary
Activity: 2156
Merit: 1070
October 09, 2014, 05:59:51 PM

Question:

A few posts earlier you said that the pullback from 275 didn't look very impulsive to you.

I have to admit, I didn't see it like that (but you seem to be right). To me, the quick move from 330 to 380 looked very impulsive. What made you think it wasn't?

Can't explain. I just feel impulse or not. This is more like ABC correction rather 12345 motive move. However it didn't overlapped still and may bring surprise still to my feelings.

This feels A, B, C corrective to me too, but I see a C putting us in the 420 range.

I do not think we just crash and burn here. Will will close this week above the lower BB, probably testing fibs retracement on the B of around 330-350. Then the market will still have some legs up to 400s.

That will be a better set up for eventual LLs imo.
legendary
Activity: 2002
Merit: 1040
October 09, 2014, 05:59:33 PM
Old school hardcore here. Only macd and rsi are high for me Grin however until they start  lie oftenly

Fair enough, thanks!  Smiley
legendary
Activity: 938
Merit: 1013
October 09, 2014, 05:25:31 PM
Old school hardcore here. Only macd and rsi are high for me Grin however until they start  lie oftenly
hero member
Activity: 538
Merit: 500
October 09, 2014, 05:18:58 PM
ML, just out of curiosity, do you put much stock in the weekly kdj for price predictions?

kdj is indicator that is currently popular with some bitcoiners  Grin
legendary
Activity: 938
Merit: 1013
October 09, 2014, 05:15:32 PM
wat?
legendary
Activity: 2002
Merit: 1040
October 09, 2014, 05:12:37 PM
ML, just out of curiosity, do you put much stock in the weekly kdj for price predictions?
legendary
Activity: 938
Merit: 1013
October 09, 2014, 05:10:23 PM

Question:

A few posts earlier you said that the pullback from 275 didn't look very impulsive to you.

I have to admit, I didn't see it like that (but you seem to be right). To me, the quick move from 330 to 380 looked very impulsive. What made you think it wasn't?

Can't explain. I just feel impulse or not. This is more like ABC correction rather 12345 motive move. However it didn't overlapped still and may bring surprise still to my feelings.
legendary
Activity: 1470
Merit: 1007
October 09, 2014, 05:03:38 PM
Bah.... 395. A bit higher. But I was surprised how fast.

......

When earlier at 266 bubble bitcoin copied out US stock indexes - it now copies gold moves.

Question:

A few posts earlier you said that the pullback from 275 didn't look very impulsive to you.

I have to admit, I didn't see it like that (but you seem to be right). To me, the quick move from 330 to 380 looked very impulsive. What made you think it wasn't?
legendary
Activity: 938
Merit: 1013
October 09, 2014, 05:02:24 PM
Yes, news lows are probably on horizon

thanks as always for great work! what price range would invalidate prediction of lower lows in your opinion?
Daily close above blue channel
Or weekly close above bottom bb

Plunge accelerates fast when out of weekly bands!
hero member
Activity: 767
Merit: 532
October 09, 2014, 04:59:11 PM
Yes, news lows are probably on horizon

thanks as always for great work! what price range would invalidate prediction of lower lows in your opinion?
legendary
Activity: 938
Merit: 1013
October 09, 2014, 04:52:41 PM
Yes, news lows are probably on horizon
full member
Activity: 126
Merit: 100
October 09, 2014, 04:50:41 PM
Rebound to 350-390 expected


Bah.... 395. A bit higher. But I was surprised how fast.

......

When earlier at 266 bubble bitcoin copied out US stock indexes - it now copies gold moves.

Because of how surprised you are the price is falling... be careful of the correction to 300 or less
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