Topic: Analysis - page 325. (Read 941563 times)
I mean short term short possibilities. Very risky. I dont think selling everything during them is a good idea. Trend is goddamn bullish and it is very dangerous.
I'm trying to be cautious, and have my finger "on the trigger" so to speak, but I don't see the necessity to sell quite yet.
(This is the part that you can quote and come back to later when I'm going to have to eat my words
)
Anyway, I expect lots of resistance on the way up, at all kind of "psychological" barriers (200 mtgox. 200 on real exchanges. 250. etc.) But I don't see that *big* correction yet, i.e. something comparable to the April 10 one.
Why?
Keep in mind the starting point: the March/April "super bull run" started at around 35 or 50 (both are reasonable starting points IMO). Price *quadrupled*, and more, before the April 10 correction took place.
Where did we "start" this time? I'm sure you'll agree, even if you're conservative, that 130 was a fairly stable price over the last month or so (with the exception of course of the SR flash crash).
So my point is, going from 130 to 190/200 (where we are now) is nothing like the movement from 35/50 to 250+ like we saw in April.
tl;dr Smaller corrections will happen. But the trend is still up, IMO.
(This is the part that you can quote and come back to later when I'm going to have to eat my words
)Anyway, I expect lots of resistance on the way up, at all kind of "psychological" barriers (200 mtgox. 200 on real exchanges. 250. etc.) But I don't see that *big* correction yet, i.e. something comparable to the April 10 one.
Why?
Keep in mind the starting point: the March/April "super bull run" started at around 35 or 50 (both are reasonable starting points IMO). Price *quadrupled*, and more, before the April 10 correction took place.
Where did we "start" this time? I'm sure you'll agree, even if you're conservative, that 130 was a fairly stable price over the last month or so (with the exception of course of the SR flash crash).
So my point is, going from 130 to 190/200 (where we are now) is nothing like the movement from 35/50 to 250+ like we saw in April.
tl;dr Smaller corrections will happen. But the trend is still up, IMO.
Something's off here: We haven't even broken all-time-high and yet you put the starting point of the last "super bull run" above the $32 (the old all-time-high from back then). This would mean we haven't even started yet.
I'd rather put the start of the last run to around $15 to $20 (January '13).
In that sense I agree: there will be many corrections along the way, but the top is a looong way off.
I'm trying to be cautious, and have my finger "on the trigger" so to speak, but I don't see the necessity to sell quite yet.
(This is the part that you can quote and come back to later when I'm going to have to eat my words)
Anyway, I expect lots of resistance on the way up, at all kind of "psychological" barriers (200 mtgox. 200 on real exchanges. 250. etc.) But I don't see that *big* correction yet, i.e. something comparable to the April 10 one.
Why?
Keep in mind the starting point: the March/April "super bull run" started at around 35 or 50 (both are reasonable starting points IMO). Price *quadrupled*, and more, before the April 10 correction took place.
Where did we "start" this time? I'm sure you'll agree, even if you're conservative, that 130 was a fairly stable price over the last month or so (with the exception of course of the SR flash crash).
So my point is, going from 130 to 190/200 (where we are now) is nothing like the movement from 35/50 to 250+ like we saw in April.
tl;dr Smaller corrections will happen. But the trend is still up, IMO.
(This is the part that you can quote and come back to later when I'm going to have to eat my words
)Anyway, I expect lots of resistance on the way up, at all kind of "psychological" barriers (200 mtgox. 200 on real exchanges. 250. etc.) But I don't see that *big* correction yet, i.e. something comparable to the April 10 one.
Why?
Keep in mind the starting point: the March/April "super bull run" started at around 35 or 50 (both are reasonable starting points IMO). Price *quadrupled*, and more, before the April 10 correction took place.
Where did we "start" this time? I'm sure you'll agree, even if you're conservative, that 130 was a fairly stable price over the last month or so (with the exception of course of the SR flash crash).
So my point is, going from 130 to 190/200 (where we are now) is nothing like the movement from 35/50 to 250+ like we saw in April.
tl;dr Smaller corrections will happen. But the trend is still up, IMO.
Need to short some coins... Price went too far in short term.
I've sold nearly all of mine already
Need to short some coins... Price went too far in short term.
Are we starting extension of extension of extension?
I thought I'd check your Casino site out but the IP address is blocked by malwarebytes for some reason.
Maybe it flags up all gambling sites ?
Well, I see my hoster has long history. He doesnt care about copyright and gambling abuses. I should change ip. This is not single false positive Maybe it flags up all gambling sites ?
Maybe you could reverse proxy it from a different host or put it behind something like CloudFlare if they allow Casino sites.
I thought I'd check your Casino site out but the IP address is blocked by malwarebytes for some reason.
Maybe it flags up all gambling sites ?
Well, I see my hoster has long history. He doesnt care about copyright and gambling abuses. I should change ip. This is not single false positive Maybe it flags up all gambling sites ?
Maybe we can meet pong here?
No doubt 166 is resistance. But because of previous lower high and weekly upper bb. I don't like the way you draw channel lines. It's my casino in sig! 
Welcome to play!
I coded it from start to the end by myself
Welcome to play!I coded it from start to the end by myself
I thought I'd check your Casino site out but the IP address is blocked by malwarebytes for some reason.
Maybe it flags up all gambling sites ?
Maybe we can meet pong here?
It's my casino in sig! Welcome to play!
I coded it from start to the end by myself
Welcome to play!I coded it from start to the end by myself
Congrats! Good luck for your business.
It's my casino in sig! Welcome to play!
I coded it from start to the end by myself
Welcome to play!I coded it from start to the end by myself
I'd like to add that I have difficulties to give credits to a "good trader" who rent its signature for a couples of cBitcoin. That's basics. (But maybe it's his own business).
It's his own business.
And he's neither a bull nor a bear in any meaningful sense: he's just a pretty good trader, by the looks of it 
Yeah, I don't discredit that its advices are argumented. For me, with all the respect I have for traders, I have difficulties with people who predict often. It's too easy to match forecast with reality afterwhile. "if you predict, predict often" (btw: it explains why he's neither a bull nor a bear) this is the sheme that guru wanabee follow to be one of them if it goes well.
For ex, I'm pro trader. If you check my history did 2 analysis to notify a reversal. That was enough.
08/02 : https://bitcointalksearch.org/topic/m.2852929
09/01 : https://bitcointalksearch.org/topic/m.3057804 (with a red flag on the low volume compare to the rise).
I do some specific short term analysis with traders on tradingview.com but in my opinion, it's not sharable on a forum because it's too hypothetical and needs fine tuning in live.
I'd like to add that I have difficulties to give credits to a "good trader" who rent its signature for a couples of cBitcoin. That's basics. (But maybe it's his own business).
From what I see in market reaction from bounce off $66 is that trend is god damn bullish.
Bitcoin keep disconnecting from global stocks sentiment and stopping giving a fuck to news like before - both bad and good.
However I don't think Bitcoin will keep bullish trend when global reversal occurs. This should be dooms day for all.
Bitcoin keep disconnecting from global stocks sentiment and stopping giving a fuck to news like before - both bad and good.
However I don't think Bitcoin will keep bullish trend when global reversal occurs. This should be dooms day for all.
Yeah, got to give (master)luc(if) credit where credit is due: he is pretty cautious with what he posts here, so *if* he posts, it's always worth considering. And he's neither a bull nor a bear in any meaningful sense: he's just a pretty good trader, by the looks of it :D
I thought you were using bitstamp?
July 06
You should laugh, but I have a feeling, based on special subset of my indicators, which says that my short buy @~65 may transform into long position. 30% probability estimation.
You should laugh, but I have a feeling, based on special subset of my indicators, which says that my short buy @~65 may transform into long position. 30% probability estimation.
The last figure I drew was this potential triangle.
bear
wrong during months
lol wrong during months
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