S3052, do you see the long term trend broken now?
Yes. Longterm trend is broken intraday.
it needs a rapid reversal above 3.7$ and better 4$ to hold in the next 24 - 48h
Topic: Bitcoin Forecast, Bitcoin Speculation & Bitcoin Technical Analysis. Up or DOWN? - page 90. (Read 540249 times)
October 17, 2011, 04:43:38 AM
Yes. Longterm trend is broken intraday.
it needs a rapid reversal above 3.7$ and better 4$ to hold in the next 24 - 48h
October 17, 2011, 04:43:03 AM
S3052, do you see the long term trend broken now?
Magic S2052-ball says...
-end pun
October 17, 2011, 04:37:57 AM
S3052, do you see the long term trend broken now?
October 17, 2011, 04:19:15 AM
I want you guys to run this thing right into the ground.
Why?
It just seems to me everyone is intent on scooping up more coins by selling now and buying back later. A strategy which, as I suggested, will only lead downward if enough people participate in it, and I think enough people are participating in it. Apparently the only way people are going to see how foolish that strategy is is to let it run its course, which, in this case, will very probably be total price collapse. Nice job everyone.
October 17, 2011, 04:15:27 AM
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Now that we hit 2.9 can we please drop the "rally to $30" talk? At least for the next couple of months... I am interested to know where the bottom is and I hope that the price will finally stabilize (maybe around $2?).
October 17, 2011, 04:10:17 AM
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Now that we hit 2.9 can we please drop the "rally to $30" talk? At least for the next couple of months... I am interested to know where the bottom is and I hope that the price will finally stabilize (maybe around $2?).
October 16, 2011, 08:56:07 PM
Any optimists yet?
Oooh ooh me me! I'm an optimist. Just not at $3. We'll talk again after capitulation and a recognizable up trend. I'm willing to give up some potential profit not to buy in at the support level of a possible quintuple bottom (each one lower than the last) like the roaring bulls.
October 16, 2011, 07:01:14 PM
I have no facts, just feeling as always ) I think a lot of traders keep valued long term positions @4,5,6,7,... And if bullish rally really start, it will be pushed back by them. Also, 7000 daily generated coins not supporting bullish predictions ) And where are the buyers? They sit on their bucks and wait for something. And something do not happen.
Any optimists yet?
Any optimists yet?
October 16, 2011, 06:55:24 PM
Active times.. We have seen a big reversal upwards.
Could you elaborate?
The turn took place on the short term (minute) time scale. This upmove was the strongest in many days and could be the start of a larger bounce / reversal.
A move above 3.7 $ will now confirm at least another move up.
see chart
Do you really believe what you are saying?
12 year Trader experience.....really?
I can only imagine how many times you have busted out in those 12 years
But alas, know your target audience and I see you are selling "subscriptions" to your technical analysis(lol). You are I know that the only ones you could hope to subscribe are the ones of the bullish mindset so it is no surprise to me that you are constantly bullish in the face of a flat/declining market for the past 6 months.
It doesn't change anything that the bulls have been dead wrong for god knows how long.
Oh and taking a quick look at your site your elliot wave count is...well.....lol..... and you using log charts in the majority of your charting is also quite funny.
Not an attack, just a few observations from an actual trader
Carry on....
October 16, 2011, 06:52:21 PM
The turn took place on the short term (minute) time scale. This upmove was the strongest in many days and could be the start of a larger bounce / reversal.
A move above 3.7 $ will now confirm at least another move up.
Do your charts ever tell you to sell? Do you just keep mum, then?A move above 3.7 $ will now confirm at least another move up.
I know, right..
Minor bump doesn't mean reversal, it;s just a bounce on the way down, same as at 4, 5, 6, it will just happen at smaller increments since the price is getting so low. Until the denial phase finishes anyway, then the panic selling starts. Probably when it gets below 3.
October 16, 2011, 05:44:43 PM
The turn took place on the short term (minute) time scale. This upmove was the strongest in many days and could be the start of a larger bounce / reversal.
A move above 3.7 $ will now confirm at least another move up.
Do your charts ever tell you to sell? Do you just keep mum, then? A move above 3.7 $ will now confirm at least another move up.
October 16, 2011, 05:39:41 PM
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Just so you know, that strategy is very likely a large part of why the price continues to fall. If enough people are trying to do that by selling into the bids and not enough people are willing to buy into the asks, then the price will just continue on down. So, keep it up. I want you guys to run this thing right into the ground.
When I started I had $0 and thousands of coins. How could I have bought?
Now you can long Bitcoin with Bitcoins, on Bitcoinica.
Try it out!
https://www.bitcoinica.com/
but if he had $0 he wouldn't be able to fund a bitcoinica account, right?
Now we support BTC deposits. Just deposit Bitcoins into the account, and trade like USD.
Margin trading will make everything possible.
October 16, 2011, 05:27:24 PM
Quote
Just so you know, that strategy is very likely a large part of why the price continues to fall. If enough people are trying to do that by selling into the bids and not enough people are willing to buy into the asks, then the price will just continue on down. So, keep it up. I want you guys to run this thing right into the ground.
When I started I had $0 and thousands of coins. How could I have bought?
Now you can long Bitcoin with Bitcoins, on Bitcoinica.
Try it out!
https://www.bitcoinica.com/
October 16, 2011, 05:00:20 PM
Active times.. We have seen a big reversal upwards.
Could you elaborate?
The turn took place on the short term (minute) time scale. This upmove was the strongest in many days and could be the start of a larger bounce / reversal.
A move above 3.7 $ will now confirm at least another move up.
see chart
October 16, 2011, 03:23:33 PM
Active times.. We have seen a big reversal upwards.
What's this reversal about? Rally? How can we rally when there is a massive input of coins from mining each day? People will be deceived one more time?
Does reversal mean no more decline and a stable price?
October 16, 2011, 03:06:20 PM
Active times.. We have seen a big reversal upwards.
Could you elaborate?
I ain't seein no reversal
October 16, 2011, 03:05:50 PM
Active times.. We have seen a big reversal upwards.
Could you elaborate?
October 16, 2011, 02:58:27 PM
Active times.. We have seen a big reversal upwards.
October 16, 2011, 01:38:58 PM
Quote
Just so you know, that strategy is very likely a large part of why the price continues to fall. If enough people are trying to do that by selling into the bids and not enough people are willing to buy into the asks, then the price will just continue on down. So, keep it up. I want you guys to run this thing right into the ground.
When I started I had $0 and thousands of coins. How could I have bought?
Bingo. You couldn't have. But you could have sold, pushing the price down, on the hope that you could buy back more later.
October 16, 2011, 01:38:10 PM
I want you guys to run this thing right into the ground.
Why?
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