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Topic: Bitcoin Forecast, Bitcoin Speculation & Bitcoin Technical Analysis. Up or DOWN? - page 66. (Read 540249 times)

hero member
Activity: 763
Merit: 500
i see green on recent bars at bitcoincharts. is this the last spike upwards before the fall?  Undecided
Bro
full member
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Merit: 100
hero member
Activity: 490
Merit: 500
4.64-7.22   thats' a big gap  Grin
This means the hell knows what would be next ))
hero member
Activity: 714
Merit: 500
At one point, a next rally leg will most likely come, and it should be very strong.

But until 7.22 $ is cleared to the upside, there remains a neutral trading range down to 4.64 $. This means that there remains a risk for another short term sell off, before the mid term up trend continues.


4.64-7.22   thats' a big gap  Grin
hero member
Activity: 490
Merit: 500
There seems to be somewhat of an ascending triangle forming from that graph which is usually a bullish indicator. I am cautiously optimistic for the mid term at this point.
RSI & Macd not optimistic and averages are going to intercept.

5.8

However RSI ~= 50 within long bullish trend can mean upside breakout.
hero member
Activity: 560
Merit: 500
Personally I am not bullish temporary with this monthly chart





There seems to be somewhat of an ascending triangle forming from that graph which is usually a bullish indicator. I am cautiously optimistic for the mid term at this point.
hero member
Activity: 490
Merit: 500
Personally I am not bullish temporary with this monthly chart



hero member
Activity: 560
Merit: 500
At one point, a next rally leg will most likely come, and it should be very strong.

But until 7.22 $ is cleared to the upside, there remains a neutral trading range down to 4.64 $. This means that there remains a risk for another short term sell off, before the mid term up trend continues.

I think the asterisk on bitcoinica means that we will be headed down before we can head up. I am beginning to think that his business model only works in a declining market which is why we have seen so many problems when the price rose. The only thing people can do at the moment is short so this is causing a lot of downward pressure at the moment.

What is your take of bitcoinicas effect on the market?
legendary
Activity: 2100
Merit: 1000
At one point, a next rally leg will most likely come, and it should be very strong.

But until 7.22 $ is cleared to the upside, there remains a neutral trading range down to 4.64 $. This means that there remains a risk for another short term sell off, before the mid term up trend continues.
sr. member
Activity: 392
Merit: 250
I give it 3-4 days 'til liftoff.

given the title of this thread, I'm assuming you're basing this on technicals?

EDIT: my thoughts: currenlty 2 things might make a difference to the upside:

  • possible influx from goodwife episode
  • bitcoinica USD reserves becoming available (however that would work)


I am a technical indicator.

Is the OBV one of the main one indicators for you? 

I like those OBV charts you post, if I could only interpret what they mean   Smiley

Not to derail this thread... I'll go over there and post a bit more explanation.

Thanks, saw the explanation. I think I understand now.
sr. member
Activity: 392
Merit: 250
I give it 3-4 days 'til liftoff.

given the title of this thread, I'm assuming you're basing this on technicals?

EDIT: my thoughts: currenlty 2 things might make a difference to the upside:

  • possible influx from goodwife episode
  • bitcoinica USD reserves becoming available (however that would work)


I am a technical indicator.

Is the OBV one of the main indicators for you?  

I like those OBV charts you post, if I could only interpret what they mean   Smiley
donator
Activity: 2772
Merit: 1019
I give it 3-4 days 'til liftoff.

given the title of this thread, I'm assuming you're basing this on technicals?

EDIT: my thoughts: currenlty 2 things might make a difference to the upside:

  • possible influx from goodwife episode
  • bitcoinica USD reserves becoming available (however that would work)
sr. member
Activity: 392
Merit: 250
Is it just me, or does the price momentum feel very uncertain at this time?

Feeling very neutral.
hero member
Activity: 770
Merit: 500
You're fat, because you dont have any pics on FB
All aboard, last stop till Koo Koo street tonight!  Grin
sr. member
Activity: 364
Merit: 250
[#][#][#]
i did the same - only that i took home my profit about one hour ago, cause it looks very uncertain at the moment. can'T say if it rises, drops or stays.
hero member
Activity: 770
Merit: 500
You're fat, because you dont have any pics on FB
Watch this guys, wait till people with money (manipulator) catches wind of the update to subscribers..  Wink
sr. member
Activity: 364
Merit: 250
[#][#][#]
.. pain happens, when the price goes down, but everybody on bitcoinica speculated on a correction-reversal and is tilt-leveraged: mass-bull-zhoutonging-action
sr. member
Activity: 364
Merit: 250
[#][#][#]
and now.. what?!

are you bitcoinica-bulls already that fucking levered up so that i see * all the time?!

if yes: i see 5.5 incomming. and pain.
hero member
Activity: 770
Merit: 500
You're fat, because you dont have any pics on FB
What was the update?  did call for a sell or buy ? Cheesy

If it broke(under) 6.3 then 6 would be tested and maybe lower... however I think I got the email after 6.3 was broken...

I bought a damned phone so I can get these messages and still missed it, lulz.

 

weak call...geezzz
hero member
Activity: 770
Merit: 500
You're fat, because you dont have any pics on FB
What was the update?  did call for a sell or buy ? Cheesy
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