hi,
We know that the trend analysis isn't going well.
What we want to say is that Mr. Zhu is trying his best to share his views here and hope this can be a little bit help for you.
And we also know that he cannot be 100% right for the short-term forecast all the time.
We really appreciate you guys spend time reading this and some might have followed this closely.
Yet, you need to think carefully before invest.
We hope people can make money and be happy.
If this caused inconvenience, we're sorry.
the following is from yesterday:
The short-term trend is similar to earlier drop. The trend won’t reverse immediately because of abrupt drop in the uptrend and it needs time to be confirmed. Currently, the price falls too much and we may decide direction after further consolidation. The long-term trend is still dropping slowly downwards. For medium-long term, we may pay attention to price above or under 100$.
We wanna remind our friends that his forecast is aiming short-term trend and one day in advance at most.
So, you still need to decide yourself and just take this as a reference.
Sincerely,
796 Exchange
Topic: Bitcoin market trend analysis- so far the most reliable through 2-month test - page 2. (Read 7331 times)
July 18, 2013, 10:09:07 PM
July 18, 2013, 10:08:46 PM
The problem is that so far he has been wrong much more often than right.
July 18, 2013, 09:54:29 PM
very nice post
Predict a rise to 110 and instead having a fall to 80s, I don't know if we can call it a "nice post"... neither "the most reliable analysis"
He cannot be always right.
The original intention to creating this post is to give his view and Bitcoiners may take this as a reference.
You still need to think carefully when you're operating.
And he's just forecasting short-term trend(one day in advance at most).
We're sorry if you follow closely to his forecast and make a loss.
kind regards,
Nobody saw the sale of Satoshi Dice coming which triggered the short fall. I can't believe people are holding that against him.
July 18, 2013, 09:51:09 PM
very nice post
Predict a rise to 110 and instead having a fall to 80s, I don't know if we can call it a "nice post"... neither "the most reliable analysis"
He cannot be always right.
The original intention to creating this post is to give his view and Bitcoiners may take this as a reference.
You still need to think carefully when you're operating.
And he's just forecasting short-term trend(one day in advance at most).
We're sorry if you follow closely to his forecast and make a loss.
kind regards,
July 18, 2013, 08:55:05 PM
bitcoin prices right now are killing me guess i'll just hold out and hope for a rise
July 18, 2013, 03:35:59 PM
Ok that 110-115 prediction went bonkers.
What is your next prediction?
What is your next prediction?
July 18, 2013, 10:27:24 AM
Today's update:(GMT+8)
From the 4-hour chart, it reveals just like the update from 2 days ago. The strong correction stays at a relatively higher price area. Currently the correction approaches $100 from hour chart. And buy strength is stronger. It will break out to upside any time if correction continues to be at 100$. The upside target area is $110-$115.
Thanks!
From the 4-hour chart, it reveals just like the update from 2 days ago. The strong correction stays at a relatively higher price area. Currently the correction approaches $100 from hour chart. And buy strength is stronger. It will break out to upside any time if correction continues to be at 100$. The upside target area is $110-$115.
Thanks!
the update on July 16th is still applied.
Damn!
July 18, 2013, 09:42:21 AM
I think it is related to this :
http://www.coindesk.com/bitcoin-company-acquisitions-begin-gambling-site-satoshidice-sells-for-11-5m-126315-btc/
http://www.coindesk.com/bitcoin-company-acquisitions-begin-gambling-site-satoshidice-sells-for-11-5m-126315-btc/
July 18, 2013, 09:24:43 AM
Yea, this drop was.... but who knows maybe the day is still young
Hopefully everyone does not panic and sell again. I was hoping it would get up to $110.
you and everyone else holding and not buying
July 18, 2013, 09:22:02 AM
Yea, this drop was.... but who knows maybe the day is still young
Hopefully everyone does not panic and sell again. I was hoping it would get up to $110.
July 18, 2013, 06:54:02 AM
Yea, this drop was.... but who knows maybe the day is still young
July 18, 2013, 05:42:16 AM
very nice post
Predict a rise to 110 and instead having a fall to 80s, I don't know if we can call it a "nice post"... neither "the most reliable analysis"
July 18, 2013, 05:32:47 AM
Quoting: 'The upside target area is $110-$115'.
Really? Tell this to the dancing bears!
Really? Tell this to the dancing bears!
July 17, 2013, 09:28:03 PM
Ok, let's follow this for some time and see where it goes.
July 17, 2013, 08:53:57 PM
July 17, 2013, 08:48:54 PM
Today's update:(GMT+8)
From the 4-hour chart, it reveals just like the update from 2 days ago. The strong correction stays at a relatively higher price area. Currently the correction approaches $100 from hour chart. And buy strength is stronger. It will break out to upside any time if correction continues to be at 100$. The upside target area is $110-$115.
Thanks!
From the 4-hour chart, it reveals just like the update from 2 days ago. The strong correction stays at a relatively higher price area. Currently the correction approaches $100 from hour chart. And buy strength is stronger. It will break out to upside any time if correction continues to be at 100$. The upside target area is $110-$115.
Thanks!
the update on July 16th is still applied.
July 17, 2013, 11:06:06 AM
very nice post
July 16, 2013, 09:08:41 PM
Hi guys,
You may refer to yesterday's update.
Thanks.
You may refer to yesterday's update.
Thanks.
July 15, 2013, 08:51:43 PM
Today's update:(GMT+8)
From the 4-hour chart, it reveals just like the update from 2 days ago. The strong correction stays at a relatively higher price area. Currently the correction approaches $100 from hour chart. And buy strength is stronger. It will break out to upside any time if correction continues to be at 100$. The upside target area is $110-$115.
Thanks!
From the 4-hour chart, it reveals just like the update from 2 days ago. The strong correction stays at a relatively higher price area. Currently the correction approaches $100 from hour chart. And buy strength is stronger. It will break out to upside any time if correction continues to be at 100$. The upside target area is $110-$115.
Thanks!
July 14, 2013, 08:58:06 PM
Today's update:(GMT+8)
Currently, the correction stays at a higher price. It’s still market correction following the price rise. We may continue to pay attention to the strong and weak key price of $95. We predict that the correction will be around $95 for a little bit long time. It may touch $100-$110 area upwards if the price rises to 95$ and stands stable. Downward short-term support is 90$.
Thanks!
Currently, the correction stays at a higher price. It’s still market correction following the price rise. We may continue to pay attention to the strong and weak key price of $95. We predict that the correction will be around $95 for a little bit long time. It may touch $100-$110 area upwards if the price rises to 95$ and stands stable. Downward short-term support is 90$.
Thanks!
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