Analysis - page 25. | Bitcointalksearch.org

dmwardjr

legendary

Activity: 1302

Merit: 1318

Technical Analyst/Trader

Quote from: Wind_FURY on May 10, 2019, 02:58:20 AM

I have been trolling this idea in this subforum. "The rally is driven by Bitfinex's users who are buying Bitcoin up to quickly withdraw their money".

What's the probability that that can be true?

And THAT may have been the very recipe Composite Groups (Whales) were looking for to implement their next bullish move; knowing they would have to contend with less resistance. In fact, they would receive additional assistance without having to spend as much capital.

Wind_FURY

legendary

Activity: 2898

Merit: 1823

I have been trolling this idea in this subforum. "The rally is driven by Bitfinex's users who are buying Bitcoin up to quickly withdraw their money".

What's the probability that that can be true?

JayJuanGee

legendary

Activity: 3892

Merit: 11105

Self-Custody is a right. Say no to"Non-custodial"

Quote from: Toxic2040 on May 09, 2019, 10:57:14 PM

Quote from: JayJuanGee on May 09, 2019, 09:59:32 PM

Quote from: marcus_of_augustus on May 09, 2019, 09:12:55 PM

If you weren't buying under 6k or 5k or 4k then wtf? paralysis by analysis?

Waiting to find out what "what's his name" is going to say.

If he says it is going up, then buy. If he says it is going down, then either sell or wait to buy. Wink

pussy.

fuck off and #dyor jjg.

Kiss

Nope.....

I am going to wait for "what's his name" to tell me what to do.

Tongue

Toxic2040

legendary

Activity: 1820

Merit: 4185

Quote from: JayJuanGee on May 09, 2019, 09:59:32 PM

Quote from: marcus_of_augustus on May 09, 2019, 09:12:55 PM

If you weren't buying under 6k or 5k or 4k then wtf? paralysis by analysis?

Waiting to find out what "what's his name" is going to say.

If he says it is going up, then buy. If he says it is going down, then either sell or wait to buy. Wink

pussy.

fuck off and #dyor jjg.

Kiss

JayJuanGee

legendary

Activity: 3892

Merit: 11105

Self-Custody is a right. Say no to"Non-custodial"

Quote from: marcus_of_augustus on May 09, 2019, 09:12:55 PM

If you weren't buying under 6k or 5k or 4k then wtf? paralysis by analysis?

Waiting to find out what "what's his name" is going to say.

If he says it is going up, then buy. If he says it is going down, then either sell or wait to buy. Wink

marcus_of_augustus

legendary

Activity: 3920

Merit: 2349

Eadem mutata resurgo

If you weren't buying under 6k or 5k or 4k then wtf? paralysis by analysis?

windjc

legendary

Activity: 2156

Merit: 1070

Quote from: Tzupy on May 09, 2019, 11:16:00 AM

Quote from: figmentofmyass on May 07, 2019, 01:52:22 AM

Quote from: adaseb on May 07, 2019, 01:43:44 AM

I agree with his analysis however everybody knows that ~$6000 is a major resistance area. And usually when the general retail market knows something and they are trading on that, it usually ends up doing the opposite.

Sure its possible it might hit $6000 and go straight down. However I think we will need to get some double or triple top for confirmation.

I wouldn't be surprised if there would be a bull and bear trap in there somewhere. Basically breaking the $6000 ahead, heading to almost $7000, causing a huge short squeeze and bull trap and then falling again towards the $4K-$5K area.

Only time will tell.

good point. my experience is usually the price either overshoots or undershoots major levels since the market sees it coming. the chart doesn't look toppy yet so i'm inclined to agree that a squeeze beyond $6k is possible. breaking above $6k will cause many to proclaim a new bull market when in fact it'll probably precede a huge correction to the $4ks or maybe even lower.

I believe the market is running out of steam, and looking for a correction, possibly an ABC. I plan to buy back around 4.5k$, since I doubt it will go much lower.

Yeah, you and EVERYBODY else. The only way this gets anywhere close to 4.5k is if we fomo from here. Otherwise you'll be lucky to get to 5k.

Tzupy

legendary

Activity: 2170

Merit: 1094

Quote from: figmentofmyass on May 07, 2019, 01:52:22 AM

Quote from: adaseb on May 07, 2019, 01:43:44 AM

I agree with his analysis however everybody knows that ~$6000 is a major resistance area. And usually when the general retail market knows something and they are trading on that, it usually ends up doing the opposite.

Sure its possible it might hit $6000 and go straight down. However I think we will need to get some double or triple top for confirmation.

I wouldn't be surprised if there would be a bull and bear trap in there somewhere. Basically breaking the $6000 ahead, heading to almost $7000, causing a huge short squeeze and bull trap and then falling again towards the $4K-$5K area.

Only time will tell.

good point. my experience is usually the price either overshoots or undershoots major levels since the market sees it coming. the chart doesn't look toppy yet so i'm inclined to agree that a squeeze beyond $6k is possible. breaking above $6k will cause many to proclaim a new bull market when in fact it'll probably precede a huge correction to the $4ks or maybe even lower.

I believe the market is running out of steam, and looking for a correction, possibly an ABC. I plan to buy back around 4.5k$, since I doubt it will go much lower.

dmwardjr

legendary

Activity: 1302

Merit: 1318

Technical Analyst/Trader

Litecoin Block Halving Event Will have us Stair-Stepping Up till around the second week of July in my opinion. My indicators have us reaching peak exhaustion in the 2-Week Time Frame on the 2-Week Candle beginning July 8, 2019.
https://bitcointalk.org/index.php?topic=5140701.new#new

NEW VIDEO Publication titled, "Follow Up Explanation WHY Upward Pressure To This Weekend." See additional charts and comments in the comments section. https://www.tradingview.com/chart/BTCUSD/DBnESTh9-Follow-Up-Explanation-WHY-Upward-Pressure-To-This-Weekend/

20 Minute Video Publication posted yesterday: https://www.tradingview.com/chart/BTCUSD/ydOQmsfF-2012-REPEAT-in-My-Opinion-till-7-820-or-9-222-to-New-High/

prophetx

legendary

Activity: 1666

Merit: 1010

he who has the gold makes the rules

Quote from: figmentofmyass on May 07, 2019, 01:52:22 AM

Quote from: adaseb on May 07, 2019, 01:43:44 AM

I agree with his analysis however everybody knows that ~$6000 is a major resistance area. And usually when the general retail market knows something and they are trading on that, it usually ends up doing the opposite.

Sure its possible it might hit $6000 and go straight down. However I think we will need to get some double or triple top for confirmation.

I wouldn't be surprised if there would be a bull and bear trap in there somewhere. Basically breaking the $6000 ahead, heading to almost $7000, causing a huge short squeeze and bull trap and then falling again towards the $4K-$5K area.

Only time will tell.

good point. my experience is usually the price either overshoots or undershoots major levels since the market sees it coming. the chart doesn't look toppy yet so i'm inclined to agree that a squeeze beyond $6k is possible. breaking above $6k will cause many to proclaim a new bull market when in fact it'll probably precede a huge correction to the $4ks or maybe even lower.

The 1st bear fib level is at around 7400 and the next around 10k, it already broke the 200 dma I would super surprised if we got another opportunity to buy at $4000... it’s like when it dipped to the $200s and then went back up once it crossed $400 it never saw $200s ever again. Wishful thinking which then results in fomo later when people miss the train...

Millionero

sr. member

Activity: 807

Merit: 423

Bitfinex xbt price differs from other exchanges mostly because you can't arb it in direct fiat. Arbing through usdt and usdc doesn't work because of disadvantageous exchange rates.

figmentofmyass

legendary

Activity: 1652

Merit: 1483

Quote from: adaseb on May 07, 2019, 01:43:44 AM

I agree with his analysis however everybody knows that ~$6000 is a major resistance area. And usually when the general retail market knows something and they are trading on that, it usually ends up doing the opposite.

Sure its possible it might hit $6000 and go straight down. However I think we will need to get some double or triple top for confirmation.

I wouldn't be surprised if there would be a bull and bear trap in there somewhere. Basically breaking the $6000 ahead, heading to almost $7000, causing a huge short squeeze and bull trap and then falling again towards the $4K-$5K area.

Only time will tell.

good point. my experience is usually the price either overshoots or undershoots major levels since the market sees it coming. the chart doesn't look toppy yet so i'm inclined to agree that a squeeze beyond $6k is possible. breaking above $6k will cause many to proclaim a new bull market when in fact it'll probably precede a huge correction to the $4ks or maybe even lower.

adaseb

legendary

Activity: 3808

Merit: 1723

I agree with his analysis however everybody knows that ~$6000 is a major resistance area. And usually when the general retail market knows something and they are trading on that, it usually ends up doing the opposite.

Sure its possible it might hit $6000 and go straight down. However I think we will need to get some double or triple top for confirmation.

I wouldn't be surprised if there would be a bull and bear trap in there somewhere. Basically breaking the $6000 ahead, heading to almost $7000, causing a huge short squeeze and bull trap and then falling again towards the $4K-$5K area.

Only time will tell.

prophetx

legendary

Activity: 1666

Merit: 1010

he who has the gold makes the rules

Quote from: exstasie on May 04, 2019, 04:57:06 PM

Quote from: keystroke on May 04, 2019, 08:49:20 AM

https://www.tradingview.com/chart/BTCUSD/Ybv5PkjN-Almost-at-resistance/

I wonder why he charted Bitfinex, now of all times. I agree with him but if Bitfinex reverses at the triangle apex, the rest of the market will reverse much earlier as there is a $300 disparity right now. Bitfinex is already in his reversal zone.

Maybe we'll tag $6K on Stamp and Coinbase and that'll be it.

looks like we are about to find out soon what will happen. personally i think it needs to head more north, time will tell.

exstasie

legendary

Activity: 1806

Merit: 1521

Quote from: keystroke on May 04, 2019, 08:49:20 AM

https://www.tradingview.com/chart/BTCUSD/Ybv5PkjN-Almost-at-resistance/

I wonder why he charted Bitfinex, now of all times. I agree with him but if Bitfinex reverses at the triangle apex, the rest of the market will reverse much earlier as there is a $300 disparity right now. Bitfinex is already in his reversal zone.

Maybe we'll tag $6K on Stamp and Coinbase and that'll be it.

keystroke

hero member

Activity: 900

Merit: 1014

advocate of a cryptographic attack on the globe

https://www.tradingview.com/chart/BTCUSD/Ybv5PkjN-Almost-at-resistance/

Wind_FURY

legendary

Activity: 2898

Merit: 1823

Quote from: Andergriff on May 03, 2019, 08:17:22 AM

https://www.tradingview.com/chart/BTCUSD/Ybv5PkjN-Almost-at-resistance/

Quote

Я жe гoвopил cюдa вepнeмcя.

Quote

I told you that we will be back here.

I feel sorry for the people who shorted the "Bitfinex FUD". They got burned, which they had to cover very quickly. Plus that might also have been the catalyst of the rally. Cool

Andergriff

sr. member

Activity: 687

Merit: 259

https://www.tradingview.com/chart/BTCUSD/Ybv5PkjN-Almost-at-resistance/

Quote

Я жe гoвopил cюдa вepнeмcя.

Quote

I told you that we will be back here.

STT

legendary

Activity: 4102

Merit: 1454

^^lol Those are just basic trend lines, I never remove old trends as they can remain relevant in future. They forked bitcoinwisdom ? the old one I noticed stopped updating

Quote from: Igluenza on April 08, 2019, 06:00:34 AM

Daily MA200. My forecast changed to bearish when we were under it. Now the opposite situation.

I noticed similarly, we bounced under the 200 day last couple weeks and then passed it with not much drama. Currently BTC seems in a very different mood to what dropped in late last year. It cant just be FED influence and a shift is risk appetite.
However the 200DMA is still dropping daily and until that plays out I'm not expecting the same action to be repeated continually in such a positive way. This is a natural area for hesitation despite passing that major moving average, I'm sure I've heard its direction and momentum is still important and to be bearish or at least cautious so long as that negative sentiment is in the price history and within 200 days it is

His long term prediction being so positive is still surprising to me and I would not guess such a path in as little time as 18 months. It would take alot to convince me 2019 is not just a revision of 2018 and at lower prices if anything

birr

hero member

Activity: 870

Merit: 585

Topic: Analysis - page 25. (Read 941579 times)