Author

Topic: Bitcoin - Broken trend line (Read 3845 times)

full member
Activity: 238
Merit: 100
January 16, 2014, 07:29:14 PM
#44
I keep seeing people draw these funky lines that look like other lines on graphs, and making corresponding "predictions", but they never come true.

Help!

Charters are really stupid sect Cheesy

Reading them on TradingView is absolute fun. They know fuck all, claim predictions with almost absolute guarantee, then just redraw lines when things don't go their way and repeat talking bullshit, lol.

Who is stupid not to buy when price breaks a resistance and sell when the price breaks a support.

Isn't this called day trading?  Lips sealed

It may also be to position trade 

Or fiat time
member
Activity: 77
Merit: 10
January 16, 2014, 07:09:03 PM
#43
I keep seeing people draw these funky lines that look like other lines on graphs, and making corresponding "predictions", but they never come true.

Help!

Charters are really stupid sect Cheesy

Reading them on TradingView is absolute fun. They know fuck all, claim predictions with almost absolute guarantee, then just redraw lines when things don't go their way and repeat talking bullshit, lol.

Who is stupid not to buy when price breaks a resistance and sell when the price breaks a support.

Isn't this called day trading?  Lips sealed

It may also be to position trade 
full member
Activity: 238
Merit: 100
January 16, 2014, 06:49:54 PM
#42
I keep seeing people draw these funky lines that look like other lines on graphs, and making corresponding "predictions", but they never come true.

Help!

Charters are really stupid sect Cheesy

Reading them on TradingView is absolute fun. They know fuck all, claim predictions with almost absolute guarantee, then just redraw lines when things don't go their way and repeat talking bullshit, lol.

Who is stupid not to buy when price breaks a resistance and sell when the price breaks a support.

Isn't this called day trading?  Lips sealed
full member
Activity: 238
Merit: 100
January 16, 2014, 04:28:38 PM
#41
enlightening yawn i agree tho
member
Activity: 77
Merit: 10
January 16, 2014, 02:30:16 PM
#40
I keep seeing people draw these funky lines that look like other lines on graphs, and making corresponding "predictions", but they never come true.

Help!

Charters are really stupid sect Cheesy

Reading them on TradingView is absolute fun. They know fuck all, claim predictions with almost absolute guarantee, then just redraw lines when things don't go their way and repeat talking bullshit, lol.

Who is stupid not to buy when price breaks a resistance and sell when the price breaks a support.
hero member
Activity: 602
Merit: 500
January 16, 2014, 12:14:18 PM
#39
I keep seeing people draw these funky lines that look like other lines on graphs, and making corresponding "predictions", but they never come true.

Help!

Charters are really stupid sect Cheesy

Reading them on TradingView is absolute fun. They know fuck all, claim predictions with almost absolute guarantee, then just redraw lines when things don't go their way and repeat talking bullshit, lol.
to put it more polite:
they are amateurs
legendary
Activity: 2772
Merit: 1028
Duelbits.com
January 16, 2014, 11:54:53 AM
#38
I keep seeing people draw these funky lines that look like other lines on graphs, and making corresponding "predictions", but they never come true.

Help!

Charters are really stupid sect Cheesy

Reading them on TradingView is absolute fun. They know fuck all, claim predictions with almost absolute guarantee, then just redraw lines when things don't go their way and repeat talking bullshit, lol.
legendary
Activity: 2198
Merit: 1311
January 16, 2014, 11:49:34 AM
#37
I keep seeing people draw these funky lines that look like other lines on graphs, and making corresponding "predictions", but they never come true.

Help!

Sure they do.  Just Google around and you can fine plenty of confirmed technical analysis about bitcoin.  Having said that, confirmed bad news, especially foreign language news, especially in non-western languages, is the best means of seeing where the price will go.  Given all the recent confirmed bad news, all confirmed by good sources, and much of which is in Chinese, the predicted and proven trend is dramatically down.
member
Activity: 75
Merit: 10
January 16, 2014, 10:57:26 AM
#36
I keep seeing people draw these funky lines that look like other lines on graphs, and making corresponding "predictions", but they never come true.

Help!
hero member
Activity: 602
Merit: 500
January 16, 2014, 10:45:36 AM
#35
Alternative trendline- ready to be broken?

https://www.tradingview.com/v/4MLyL12u/



And this trendline on weekly chart is already broken.



too much short-sighted .
It is a secondary trend within the Primary bullish trend.
The bullish Primary trend will continue.
Don`t trade against the trend !
legendary
Activity: 1666
Merit: 1057
Marketing manager - GO MP
January 15, 2014, 05:53:47 PM
#34
1) Proudhon so-called trolling is miles away from being slightly funny.

Being the one trolled isn't supposed to be funny, you're the subject of funny.
hero member
Activity: 518
Merit: 500
January 15, 2014, 03:54:01 PM
#33
I'd like to see all this shitty anal-isis on a logarithmic chart .....

My latest chart is logarithmic.
legendary
Activity: 1652
Merit: 1265
January 15, 2014, 03:52:06 PM
#32
I'd like to see all this shitty anal-isis on a logarithmic chart .....
member
Activity: 77
Merit: 10
January 15, 2014, 02:34:55 PM
#31
Alternative trendline- ready to be broken?

https://www.tradingview.com/v/4MLyL12u/



And this trendline on weekly chart is already broken.





Here you see the best graphic -  http://bullandbearmarkets.blogspot.pt/2014/01/blog-post_15.html
hero member
Activity: 518
Merit: 500
January 15, 2014, 08:16:52 AM
#30
Alternative trendline- ready to be broken?

https://www.tradingview.com/v/4MLyL12u/



And this trendline on weekly chart is already broken.

newbie
Activity: 33
Merit: 0
January 15, 2014, 02:19:43 AM
#29
This thread is sad.
1) Proudhon so-called trolling is miles away from being slightly funny.
2) Just drawing a randomly-selected linear line under random fluctuations and trying to make something prophetic out of it is neither practical nor funny either.
hero member
Activity: 518
Merit: 500
January 15, 2014, 01:13:13 AM
#28
Alternative trendline- ready to be broken?

https://www.tradingview.com/v/4MLyL12u/



possible
legendary
Activity: 2674
Merit: 1029
January 15, 2014, 01:11:03 AM
#27
Of course this is a bear market, you don't need TA to see that.  We're clearly heading for sub $100 in the short term.  Might rebound to $150 or so before continuing to $0.  As all the societal usefulness has already been extracted from bitcoin, it's all downhill from here.  Duh.

your hodling a serious amount of coin aren't you
newbie
Activity: 5
Merit: 0
January 14, 2014, 03:55:34 PM
#26
Trend line at Huobi is not broken btw.

In a couple of weeks, Huobi won't matter anymore.

Huobi represents more than 70% of the actual volume. It does matter a lot.

http://bitcoinity.org/markets/list?currency=ALL&span=24h

And how many fee free exchanges is it competing with?

That. It's mostly high frequency trading back and forth. Moreover, with the position of China government, they will probably have to close very soon.
legendary
Activity: 1904
Merit: 1002
January 14, 2014, 03:52:47 PM
#25
Trend line at Huobi is not broken btw.

In a couple of weeks, Huobi won't matter anymore.

Huobi represents more than 70% of the actual volume. It does matter a lot.

http://bitcoinity.org/markets/list?currency=ALL&span=24h

And how many fee free exchanges is it competing with?
newbie
Activity: 5
Merit: 0
January 14, 2014, 03:44:44 PM
#24
Trend line at Huobi is not broken btw.

In a couple of weeks, Huobi won't matter anymore.
hero member
Activity: 545
Merit: 500
January 14, 2014, 03:09:12 PM
#23
Trend line at Huobi is not broken btw.
hero member
Activity: 518
Merit: 500
January 14, 2014, 03:00:21 PM
#22
Looks like proudhon is all in and is trolling the bears now, heh.

I don't think so.
sr. member
Activity: 280
Merit: 250
January 14, 2014, 02:47:52 PM
#21
Of course this is a bear market, you don't need TA to see that.  We're clearly heading for sub $100 in the short term.  Might rebound to $150 or so before continuing to $0.  As all the societal usefulness has already been extracted from bitcoin, it's all downhill from here.  Duh.

Looks like proudhon is all in and is trolling the bears now, heh.  When he switches back to fiat, he'll revert back to trolling the bulls.  Yawn.  Got anything productive to add, proudhon?
legendary
Activity: 2338
Merit: 2106
January 14, 2014, 12:39:00 PM
#20
Of course this is a bear market, you don't need TA to see that.  We're clearly heading for sub $100 in the short term.  Might rebound to $150 or so before continuing to $0.  As all the societal usefulness has already been extracted from bitcoin, it's all downhill from here.  Duh.


welcome back. that is bearish bullish as hell.

edit: bullish
legendary
Activity: 1596
Merit: 1030
Sine secretum non libertas
January 14, 2014, 12:35:45 PM
#19
Of course this is a bear market, you don't need TA to see that.  We're clearly heading for sub $100 in the short term.  Might rebound to $150 or so before continuing to $0.  As all the societal usefulness has already been extracted from bitcoin, it's all downhill from here.  Duh.

Prooudhon, whats your logic? You dont think that in the coming months/Years that more people will use bitcoin as speculation and/or for currency?  Thanks in advance.

Proudhon...logic... surely you jest.
legendary
Activity: 2198
Merit: 1311
January 14, 2014, 11:48:51 AM
#18
Of course this is a bear market, you don't need TA to see that.  We're clearly heading for sub $100 in the short term.  Might rebound to $150 or so before continuing to $0.  As all the societal usefulness has already been extracted from bitcoin, it's all downhill from here.  Duh.

Prooudhon, whats your logic? You dont think that in the coming months/Years that more people will use bitcoin as speculation and/or for currency?  Thanks in advance.

My logic is derived from clearly verified foreign language sources.  Mostly Chinese, but we're beginning to get some very bad news out of Russia.
hero member
Activity: 518
Merit: 500
January 14, 2014, 11:37:59 AM
#17
get ready for blood rain

full member
Activity: 238
Merit: 100
Stand on the shoulders of giants
January 14, 2014, 11:36:32 AM
#16
make noise is cheap than make sense  ...

http://trollboxarchive.com/

Still HODL
legendary
Activity: 1246
Merit: 1000
January 14, 2014, 11:25:41 AM
#15
LOL @ the people who can't see through the trolling. Tongue
hero member
Activity: 602
Merit: 500
January 14, 2014, 11:24:27 AM
#14
Wtf I keep looking but still can't find a broken trend  Huh
nor do I
member
Activity: 77
Merit: 10
newbie
Activity: 39
Merit: 0
January 14, 2014, 11:21:23 AM
#12
http://s12.postimg.org/f1l389f99/watstrend.jpg

Wtf I keep looking but still can't find a broken trend  Huh
hero member
Activity: 518
Merit: 500
January 14, 2014, 11:20:51 AM
#11
member
Activity: 77
Merit: 10
January 14, 2014, 11:16:48 AM
#10
Of course this is a bear market, you don't need TA to see that.  We're clearly heading for sub $100 in the short term.  Might rebound to $150 or so before continuing to $0.  As all the societal usefulness has already been extracted from bitcoin, it's all downhill from here.  Duh.

LOOOOOL  Grin Grin Grin Grin Grin Grin
hero member
Activity: 518
Merit: 500
January 14, 2014, 11:16:03 AM
#9
Of course this is a bear market, you don't need TA to see that.  We're clearly heading for sub $100 in the short term.  Might rebound to $150 or so before continuing to $0.  As all the societal usefulness has already been extracted from bitcoin, it's all downhill from here.  Duh.

Lol

why are you laughing? Proudhon is right.
legendary
Activity: 1246
Merit: 1000
103 days, 21 hours and 10 minutes.
January 14, 2014, 11:07:40 AM
#8
We're clearly heading for sub $100 in the short term.  Might rebound to $150 or so before continuing to $0. 

Care to put a wager on this?
newbie
Activity: 55
Merit: 0
January 14, 2014, 11:01:54 AM
#7
Of course this is a bear market, you don't need TA to see that.  We're clearly heading for sub $100 in the short term.  Might rebound to $150 or so before continuing to $0.  As all the societal usefulness has already been extracted from bitcoin, it's all downhill from here.  Duh.

Prooudhon, whats your logic? You dont think that in the coming months/Years that more people will use bitcoin as speculation and/or for currency?  Thanks in advance.
member
Activity: 91
Merit: 10
January 14, 2014, 11:00:28 AM
#6
Of course this is a bear market, you don't need TA to see that.  We're clearly heading for sub $100 in the short term.  Might rebound to $150 or so before continuing to $0.  As all the societal usefulness has already been extracted from bitcoin, it's all downhill from here.  Duh.

Lol
legendary
Activity: 2198
Merit: 1311
January 14, 2014, 10:54:40 AM
#5
Of course this is a bear market, you don't need TA to see that.  We're clearly heading for sub $100 in the short term.  Might rebound to $150 or so before continuing to $0.  As all the societal usefulness has already been extracted from bitcoin, it's all downhill from here.  Duh.
member
Activity: 77
Merit: 10
January 14, 2014, 10:48:29 AM
#4


Pullback and resistance

The trend line was broken, now is a resistance.
With the price below the resistance line, the market is Bears.

Chart of 240 minutes

Blog - Bull And Bear Markets

member
Activity: 77
Merit: 10
January 14, 2014, 10:45:20 AM
#3
Hi there,
i just saw ur topic.

could u quickly try to explain to me, what a "bull trap" "bear trap" is? ofc this are hunting traps for animals Wink
and i think its sth like "lets buy mass btc so its rising, so we can sell even more on higher price and rebuy after it drops down again".

is this true?

are you doing a blog on such things u think will happen?

Below the resistance line is falling
hero member
Activity: 602
Merit: 500
member
Activity: 77
Merit: 10
January 13, 2014, 01:00:10 PM
#1
Jump to: