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Topic: Analysis - page 315. (Read 941596 times)

full member
Activity: 239
Merit: 100
November 23, 2013, 12:26:24 PM
Does this qualify as a descending triangle in formation on Bitstamp, or am I just being a paranoid noob?

member
Activity: 81
Merit: 10
November 23, 2013, 12:23:16 PM
Looks like there will be no triangle =) Well...

interpret for me...
legendary
Activity: 2156
Merit: 1070
November 23, 2013, 04:19:55 AM
Looks like there will be no triangle =) Well...

We may get some major resistance yet. Its going to get stickier on the way to 1000.

But if China keeps waking up then no amount of resistance is going to stop it from coming fast.
legendary
Activity: 938
Merit: 1013
November 23, 2013, 03:55:34 AM
Looks like there will be no triangle =) Well...
member
Activity: 111
Merit: 10
November 23, 2013, 03:53:11 AM
Nice sharp move up. Time to go down?

legendary
Activity: 1288
Merit: 1000
Enabling the maximal migration
November 22, 2013, 09:13:02 AM
After recent events I'm thinking this is not going to play out as it previously has and we could very well just level off for a little while before pushing $1,000+ (more like an inverse head & shoulders type pattern).
legendary
Activity: 1050
Merit: 1000
November 22, 2013, 04:20:56 AM
Great thread. I'm impressed!

Can't wait to see if the chart goes according to plan when I wake up tomorrow!


What is your plan?  Smiley

If that prediction holds then I guess it would mean buy in the low $500s.
sr. member
Activity: 303
Merit: 250
November 22, 2013, 04:08:16 AM
Great thread. I'm impressed!

Can't wait to see if the chart goes according to plan when I wake up tomorrow!


What is your plan?  Smiley

Buy & hold!!!  Grin Grin Grin Grin Grin Grin Roll Eyes

btw, @ gleason, fairly certain this run-up has another ~$100 to go until it hits that next down slope. conservatively, i'm waiting for new ATHs to make any decisions.
legendary
Activity: 840
Merit: 1000
November 22, 2013, 02:15:55 AM
Great thread. I'm impressed!

Can't wait to see if the chart goes according to plan when I wake up tomorrow!


What is your plan?  Smiley
full member
Activity: 207
Merit: 100
November 22, 2013, 02:07:35 AM
Great thread. I'm impressed!

Can't wait to see if the chart goes according to plan when I wake up tomorrow!



zby
legendary
Activity: 1594
Merit: 1001
November 21, 2013, 11:34:20 PM
I traded with leverage at bitfinex and each time I use leverage i got goxed.

Using leverage is the worst trading suggestion on this market. Because you start to work on people who lent you money with their rules. You have hard limits of stops and whatever.

Moreover, bitfinex is the fucking worst trading platform. I played with it during year and I still don't understand conditions it works. It constantly throw surprises for me. And I don't like surprises when big money are on table.

I love Bitfinex.  Love it. Especially because in rallys its balances run out on Bitstamp allowing for major separations in price and easy arbitrage opportunites between the two.

Love it.

Right now it has arbitrage opportunity in itself - buy at 720, sell 721 Smiley

But back to the subject - wedges, wedges everywhere. The pattern on the exchanges looked different and suddenly on all 4 of the main ones the bounce back looks like a wedge.
legendary
Activity: 2156
Merit: 1070
November 21, 2013, 09:05:03 PM
I traded with leverage at bitfinex and each time I use leverage i got goxed.

Using leverage is the worst trading suggestion on this market. Because you start to work on people who lent you money with their rules. You have hard limits of stops and whatever.

Moreover, bitfinex is the fucking worst trading platform. I played with it during year and I still don't understand conditions it works. It constantly throw surprises for me. And I don't like surprises when big money are on table.

I love Bitfinex.  Love it. Especially because in rallys its balances run out on Bitstamp allowing for major separations in price and easy arbitrage opportunites between the two.

Love it.
legendary
Activity: 1008
Merit: 1000
November 21, 2013, 08:01:51 PM
legendary
Activity: 938
Merit: 1013
November 21, 2013, 08:00:14 PM
I traded with leverage at bitfinex and each time I use leverage i got goxed.

Using leverage is the worst trading suggestion on this market. Because you start to work on people who lent you money with their rules. You have hard limits of stops and whatever.

Moreover, bitfinex is the fucking worst trading platform. I played with it during year and I still don't understand conditions it works. It constantly throw surprises for me. And I don't like surprises when big money are on table.
legendary
Activity: 938
Merit: 1013
November 21, 2013, 07:53:18 PM
Equity: 3 508.21 USD? Trades per week: 775.63. You probably kidding =)

I dont trade with leverage and dont use mt4.

I use about 4 trades per month.
legendary
Activity: 938
Merit: 1000
chaos is fun...…damental :)
November 21, 2013, 06:30:15 PM
@lucif is this ur show off account ? http://www.mql5.com/en/signals/15759
sr. member
Activity: 285
Merit: 250
November 21, 2013, 12:25:32 PM
Yes, he posted that rally may continue as long as the critical 395.40 level on MtGox holds but expects consolidation. Just look through the entire thread.
sr. member
Activity: 516
Merit: 283
November 21, 2013, 12:12:12 PM
I bet on this one. Triangles always follow the sharp moves.


BTC loves triangles.
BTC loves sharp moves.

so do you think we are rising again to the moon masterluc or do you still see correction for the next week or so mate?

he already posted his thoughts... https://bitcointalksearch.org/topic/m.3653149
newbie
Activity: 27
Merit: 0
November 21, 2013, 12:02:29 PM
I bet on this one. Triangles always follow the sharp moves.


BTC loves triangles.
BTC loves sharp moves.

so do you think we are rising again to the moon masterluc or do you still see correction for the next week or so mate?
legendary
Activity: 2772
Merit: 1028
Duelbits.com
November 21, 2013, 11:59:01 AM
And he has pretty much nailed the structure so far. Kudos to Lucif... Its incredible how he turned from perma-bear to reasonable and mostly spot-on analyst Smiley

He was perma bear when it was a bear market, and was spot on back then too.

It's not his problem some of you didn't want to hear it's bears time at that point.


What are you talking about? Check and read carefully the original thread. Lucif was a perma bear in January, February and early March, he started to be spot on only in mid-March when he admitted we were going UP, and then he called the top in a genius move - since then he have pretty much nailed it, consistently. Before that it was a joke, and himself apologized and admitted he was just trying to troll the price down.

I have to say I very much prefer the reasonable analyst we have been seeing for many months compared to the perma-bear-troll we had pre-March 2013 Wink

That's possible, my apologies, I know him only since April and since then he is spot on.
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