Author

Topic: Correction? (Read 1736 times)

sr. member
Activity: 448
Merit: 250
this statement is false
January 08, 2012, 03:43:10 PM
#18
i think there will be coming a correction soon, maybe we go to 8 or 10 or we are already at the top, but i think that its coming soon.
there have been a massive overbrought for about for about 2-3 weeks, on a daily time frame.
so my opinion is that we will go down soon.

what do you think about this?

+1

RSI and William's both scream overbought. but other indicators are still bullish. i think we haven't hit the ceiling yet. right now we've got a clear ascending triangle -- wait for the Monday trading volume to bring us over the resistance at $7.20 and then we'll sail to $8, break it or bounce. then probably a slight correction, no lower than $7. we're still on our way up, but in fits and starts!  Grin
legendary
Activity: 1904
Merit: 1002
January 08, 2012, 01:30:20 PM
#17
legendary
Activity: 1764
Merit: 1002
January 08, 2012, 01:26:37 PM
#16

Nice.

"The big news now is that the new Bitcoin rally will likely be even stronger than the first rally from April 2010 to June 2011."

See, he said it.
hero member
Activity: 523
Merit: 500
anu
legendary
Activity: 1218
Merit: 1001
RepuX - Enterprise Blockchain Protocol
January 08, 2012, 01:08:53 PM
#14

But if panic selling starting, we can see more faster decrease i guess...

Fine, I welcome another chance to become a major power in the coming Singularity. Gimme all your Bitcoins.
hero member
Activity: 616
Merit: 502
January 08, 2012, 11:52:37 AM
#13
i think there will be coming a correction soon, maybe we go to 8 or 10 or we are already at the top, but i think that its coming soon.
there have been a massive overbrought for about for about 2-3 weeks, on a daily time frame.
so my opinion is that we will go down soon.

what do you think about this?

That will depend whether or not the press starts covering Bitcoin's "revival". If that happens we can see June 2011 all over again, but this time going over $100. If not, you may be right. But either way I doubt that we'll ever see a price under $5 again.
But if panic selling starting, we can see more faster decrease i guess...
legendary
Activity: 2198
Merit: 1311
January 08, 2012, 11:26:41 AM
#12
Over $1 million in visible orders again.
anu
legendary
Activity: 1218
Merit: 1001
RepuX - Enterprise Blockchain Protocol
January 08, 2012, 11:00:34 AM
#11
i think there will be coming a correction soon, maybe we go to 8 or 10 or we are already at the top, but i think that its coming soon.
there have been a massive overbrought for about for about 2-3 weeks, on a daily time frame.
so my opinion is that we will go down soon.

what do you think about this?

That will depend whether or not the press starts covering Bitcoin's "revival". If that happens we can see June 2011 all over again, but this time going over $100. If not, you may be right. But either way I doubt that we'll ever see a price under $5 again.
hero member
Activity: 616
Merit: 502
January 08, 2012, 09:13:21 AM
#10
Quote
Quote
do you see the red stuff over the 70 line on the RSI indicator?
yes. and?
-> over brought.
I think, we will receive the letter and this schedule becomes actual  Cheesy
http://bitcoincharts.com/charts/mtgoxUSD#igWeeklyztgSzbgDza1gSMAzm1g10za2gSMAzm2g25zi1gStochRSIzi2gMACDzi3gSStochzi4gRSIzv
legendary
Activity: 1050
Merit: 1000
You are WRONG!
January 08, 2012, 09:02:18 AM
#9
Quote
Quote
do you see the red stuff over the 70 line on the RSI indicator?
yes. and?
-> over brought.
hero member
Activity: 616
Merit: 502
January 08, 2012, 09:00:42 AM
#8
50\50... But there were 2 attempts of start of the rocket, and no attempt of dump... And it at RSI>50 at all timeframe

Right now it is time of Russian trolls.
Tomorrow EU and US angry birdsbears will wake up,
add more dollars to bitcoinica and revenge.

At bears after short sqeeze enauth of money won't sell on 20$ tomorrow on bitcoinica...
Quote
do you see the red stuff over the 70 line on the RSI indicator?
yes. and?
legendary
Activity: 1050
Merit: 1000
You are WRONG!
January 08, 2012, 08:56:03 AM
#7
i think there will be coming a correction soon, maybe we go to 8 or 10 or we are already at the top, but i think that its coming soon.
there have been a massive overbrought for about for about 2-3 weeks, on a daily time frame.
so my opinion is that we will go down soon.

what do you think about this?
50\50... But there were 2 attempts of start of the rocket, and no attempt of dump... And it at RSI>50 at all timeframe
no not on a daily timeframe, its have been overbrouth for at least 2 weeks.
you are either looking at a 15-min-timeframe or a weekly timeframe.
all time frame sierra interday bar periods
... http://bitcoincharts.com/charts/mtgoxUSD#rg60ztgSzm1g10zm2g25zxzi1gRSIzv
do you see the red stuff over the 70 line on the RSI indicator?
hero member
Activity: 616
Merit: 502
January 08, 2012, 08:50:32 AM
#6
i think there will be coming a correction soon, maybe we go to 8 or 10 or we are already at the top, but i think that its coming soon.
there have been a massive overbrought for about for about 2-3 weeks, on a daily time frame.
so my opinion is that we will go down soon.

what do you think about this?
50\50... But there were 2 attempts of start of the rocket, and no attempt of dump... And it at RSI>50 at all timeframe
no not on a daily timeframe, its have been overbrouth for at least 2 weeks.
you are either looking at a 15-min-timeframe or a weekly timeframe.
all time frame sierra interday bar periods
legendary
Activity: 1386
Merit: 1000
January 08, 2012, 08:47:10 AM
#5
50\50... But there were 2 attempts of start of the rocket, and no attempt of dump... And it at RSI>50 at all timeframe

Right now it is time of Russian trolls.
Tomorrow EU and US angry birdsbears will wake up,
add more dollars to bitcoinica and revenge.
legendary
Activity: 1050
Merit: 1000
You are WRONG!
January 08, 2012, 08:46:36 AM
#4
i think there will be coming a correction soon, maybe we go to 8 or 10 or we are already at the top, but i think that its coming soon.
there have been a massive overbrought for about for about 2-3 weeks, on a daily time frame.
so my opinion is that we will go down soon.

what do you think about this?
50\50... But there were 2 attempts of start of the rocket, and no attempt of dump... And it at RSI>50 at all timeframe
no not on a daily timeframe, its have been overbrouth for at least 2 weeks.
you are either looking at a 15-min-timeframe or a weekly timeframe.
hero member
Activity: 616
Merit: 502
January 08, 2012, 08:37:07 AM
#3
i think there will be coming a correction soon, maybe we go to 8 or 10 or we are already at the top, but i think that its coming soon.
there have been a massive overbrought for about for about 2-3 weeks, on a daily time frame.
so my opinion is that we will go down soon.

what do you think about this?
50\50... But there were 2 attempts of start of the rocket, and no attempt of dump... And it at RSI>50 at all timeframe
legendary
Activity: 1386
Merit: 1000
January 08, 2012, 07:57:45 AM
#2
what do you think about this?

It's strategic secret, lol

Sorry, i am a bit nervous today, lol
legendary
Activity: 1050
Merit: 1000
You are WRONG!
January 08, 2012, 07:53:07 AM
#1
i think there will be coming a correction soon, maybe we go to 8 or 10 or we are already at the top, but i think that its coming soon.
there have been a massive overbrought for about for about 2-3 weeks, on a daily time frame.
so my opinion is that we will go down soon.

what do you think about this?
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