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Topic: Breakout soon? (Read 2782 times)

newbie
Activity: 14
Merit: 100
June 08, 2013, 12:15:36 PM
#22
my analist predict today under 110$

Your analist..... I'm not sure I want to know what their job entails

The analist... lol. He might be pulling his predictions out of THERE.

lmao Grin
member
Activity: 98
Merit: 10
June 08, 2013, 08:03:27 AM
#21
I don't expect a breakout until there is more good news. June-August are vacation months in USA. There really isn't anything exciting going on in Bitcoin, so maybe getting outdoors and forgetting about it is a good thing. Bitcoin cannot die. Repeat after me. "Bitcoin will always bubble."

I knew it. Now to withdraw the damn 401k and dump to bitcoins  Cheesy
donator
Activity: 1736
Merit: 1014
Let's talk governance, lipstick, and pigs.
June 08, 2013, 07:57:38 AM
#20
I don't expect a breakout until there is more good news. June-August are vacation months in USA. There really isn't anything exciting going on in Bitcoin, so maybe getting outdoors and forgetting about it is a good thing. Bitcoin cannot die. Repeat after me. "Bitcoin will always bubble."
legendary
Activity: 2097
Merit: 1070
June 08, 2013, 07:19:47 AM
#19
Did you perhaps mean "multiples of 10 up to but not including 100"?  Grin

Check out how many times we have bounced in this price region. I'm feeling it will find good support in this region. Even with larger whale dumps, there are still those who buy in. Harpoons primed at $100 a coin?  Cheesy

Those who buy in within these ranges are day traders. They will trade it all day every day within it's range whatever the value.
member
Activity: 98
Merit: 10
June 08, 2013, 07:02:28 AM
#18
Did you perhaps mean "multiples of 10 up to but not including 100"?  Grin

Check out how many times we have bounced in this price region. I'm feeling it will find good support in this region. Even with larger whale dumps, there are still those who buy in. Harpoons primed at $100 a coin?  Cheesy
hero member
Activity: 686
Merit: 500
Shame on everything; regret nothing.
June 07, 2013, 04:58:01 PM
#17
my analist predict today under 110$

Your analist..... I'm not sure I want to know what their job entails

The analist... lol. He might be pulling his predictions out of THERE.

I bloody hope so. I am mostly bought in at $128-129 a coin and my hand is like the iron grip of Soviet Russia. $112 is a good price for me to increase my holdings. Lower than $100 will cause panic.

I wouldn't rate it as likely, but if I thought I would panic under $100, I would reconsider my positioning.

Much like all the integers of 10, 100 or 3 digit prices are such a large psychological barrier that I believe there will be a long and bloody fight for this position.

Did you perhaps mean "multiples of 10 up to but not including 100"?  Grin
legendary
Activity: 2097
Merit: 1070
June 07, 2013, 04:02:04 PM
#16
my analist predict today under 110$

A good prediction which was 100% correct as the low so far today has been $106.15

I notice the derisory comments when someone suggests the price might go down. This reminds me of early April in some ways.
member
Activity: 98
Merit: 10
June 07, 2013, 06:39:32 AM
#15
my analist predict today under 110$

Your analist..... I'm not sure I want to know what their job entails

The analist... lol. He might be pulling his predictions out of THERE.

I bloody hope so. I am mostly bought in at $128-129 a coin and my hand is like the iron grip of Soviet Russia. $112 is a good price for me to increase my holdings. Lower than $100 will cause panic.

I wouldn't rate it as likely, but if I thought I would panic under $100, I would reconsider my positioning.

Much like all the integers of 10, 100 or 3 digit prices are such a large psychological barrier that I believe there will be a long and bloody fight for this position.
legendary
Activity: 1904
Merit: 1002
June 07, 2013, 06:35:45 AM
#14
my analist predict today under 110$

Your analist..... I'm not sure I want to know what their job entails

The analist... lol. He might be pulling his predictions out of THERE.

I bloody hope so. I am mostly bought in at $128-129 a coin and my hand is like the iron grip of Soviet Russia. $112 is a good price for me to increase my holdings. Lower than $100 will cause panic.

I wouldn't rate it as likely, but if I thought I would panic under $100, I would reconsider my positioning.
member
Activity: 98
Merit: 10
June 07, 2013, 06:34:12 AM
#13
my analist predict today under 110$

Your analist..... I'm not sure I want to know what their job entails

The analist... lol. He might be pulling his predictions out of THERE.

I bloody hope so. I am mostly bought in at $128-129 a coin and my hand is like the iron grip of Soviet Russia. $112 is a good price for me to increase my holdings. Lower than $100 will cause panic.
donator
Activity: 294
Merit: 250
June 07, 2013, 03:15:33 AM
#12
my analist predict today under 110$

Tell her or him not to quit their day job.    ;-)
member
Activity: 87
Merit: 10
June 07, 2013, 03:09:14 AM
#11
my analist predict today under 110$

Your analist..... I'm not sure I want to know what their job entails

 Cheesy

well, he might have got insight...never mind.
newbie
Activity: 46
Merit: 0
June 07, 2013, 02:53:04 AM
#10
my analist predict today under 110$

Your analist..... I'm not sure I want to know what their job entails
member
Activity: 84
Merit: 10
supernode
June 07, 2013, 02:47:28 AM
#9
my analist predict today under 110$
hero member
Activity: 634
Merit: 500
June 07, 2013, 02:27:51 AM
#8

Thanks for the link, looks promising.


Also @ OP: I feel a breakout coming as well.
sr. member
Activity: 252
Merit: 250
June 07, 2013, 12:10:52 AM
#7
LR money is not moving into bitcoin, I remember someone posting a screenshot from a forum where they said that they want nothing to do with bitcoin as it is too volatile.


Nice to see you have decided what millions of dollars of LR money is doing because of a screenshot someone posted on a forum. You must be very intelligent.  Cool

(For the record, I agree that LR money isn't moving to bitcoin - at this point in time. But everything is a cost/benefit analysis - even volatility. Eventually, the criminals won't have much other choice than bitcoin.)



It's not based on screenshot, It is my own opinion and screenshot was a nice confirmation of the sentiment.
legendary
Activity: 1666
Merit: 1057
Marketing manager - GO MP
June 06, 2013, 11:47:12 PM
#6

Here, lower breakout if it crosses 100day sma upper if it reaches daily donchian channel.
parabolic sar already points downwards but you never should use that alone.
sr. member
Activity: 448
Merit: 250
June 06, 2013, 11:43:45 PM
#5
LR money is not moving into bitcoin, I remember someone posting a screenshot from a forum where they said that they want nothing to do with bitcoin as it is too volatile.


Nice to see you have decided what millions of dollars of LR money is doing because of a screenshot someone posted on a forum. You must be very intelligent.  Cool

(For the record, I agree that LR money isn't moving to bitcoin - at this point in time. But everything is a cost/benefit analysis - even volatility. Eventually, the criminals won't have much other choice than bitcoin.)

sr. member
Activity: 252
Merit: 250
June 06, 2013, 11:28:09 PM
#4
LR money is not moving into bitcoin, I remember someone posting a screenshot from a forum where they said that they want nothing to do with bitcoin as it is too volatile. Also exchanges want to guard themeselves against LR action and are requiring more verification. Breakout is materialising right now, to get back to 130 level we need a 3M dollars buy, similar sell puts us into 105$ area. Breakout materialised already and it seems to be going down.
legendary
Activity: 1666
Merit: 1057
Marketing manager - GO MP
June 06, 2013, 11:27:02 PM
#3
not yet. volume is too low.

Also your lines are kind of arbitrary since they are not drawn from the candle wicks but from the bodies which do not pose any significance when it comes to trends. If you want to draw trendlines based not on price extrema you should look for volume spikes.
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