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Topic: Do you see what I see? (Read 2141 times)

legendary
Activity: 1652
Merit: 1057
bigtimespaghetti.com
January 04, 2015, 12:21:05 PM
#23
^ We will see! Thanks  Kiss

Are you still long on full leverage ?

Of course he has stops.
legendary
Activity: 2097
Merit: 1070
January 04, 2015, 12:16:42 PM
#22
^ We will see! Thanks  Kiss

Are you still long on full leverage ?
legendary
Activity: 1582
Merit: 1064
December 18, 2014, 04:12:23 AM
#21
I was more optimistic when FewCoins was bearish.
Right now, the situation appears bleak.
full member
Activity: 126
Merit: 100
December 17, 2014, 10:57:09 PM
#20
now full leverage long at 316, we can't believe it hit our target so fast!


Holy crap! Fewcoins is going long?!  Inconceivable!

IIRC he/she/it has been long previously. Possibly only to add credibility to the persona, but tbh they weren't bad calls.

haha very true, last time I went long was after we hit around the 320 level right after we came off the pop from the 275 bottom... and we hit 485 from then!
We weren't full leverage at that time unfortunately so profit was limited...
This time we had a 316 target, started covering shorts since 340, started buying 330ish~, averaging 317~ after buying all the cheap short term coins today.

I have always made money doing the opposite of what others do, try it, I bet you'll be so happy you'll buy me coffee or tip me something  Kiss

now full leverage long at 316, we can't believe it hit our target so fast!


Holy crap! Fewcoins is going long?!  Inconceivable!

Correct sir  Kiss
member
Activity: 108
Merit: 10
December 17, 2014, 06:45:28 PM
#19
I don't think so, a high number of shorts on Bitfinex indicates us north direction Smiley Oh, and 6h/12h RSI is heavily undervalued...
sr. member
Activity: 560
Merit: 250
December 17, 2014, 05:47:16 PM
#18
is this "the bottom is in"-thread no. 4935 this year?

More or less. It is the flood of topics like these that automatically make me assume the opposite. i.e. that the bottom really isn't in.
full member
Activity: 137
Merit: 106
December 17, 2014, 05:40:40 PM
#17
now full leverage long at 316, we can't believe it hit our target so fast!


Holy crap! Fewcoins is going long?!  Inconceivable!

IIRC he/she/it has been long previously. Possibly only to add credibility to the persona, but tbh they weren't bad calls.
newbie
Activity: 7
Merit: 0
December 17, 2014, 05:29:45 PM
#16
is this "the bottom is in"-thread no. 4935 this year?
legendary
Activity: 1442
Merit: 1186
December 17, 2014, 03:57:04 PM
#15
now full leverage long at 316, we can't believe it hit our target so fast!


Holy crap! Fewcoins is going long?!  Inconceivable!
legendary
Activity: 3542
Merit: 1352
December 17, 2014, 03:50:59 PM
#14
Optimistic views. I think another great time to buy some cheap coins as we hit the triple bottom. Smiley Emotions, step aside please, we're going to ride another roller coaster.
full member
Activity: 126
Merit: 100
December 17, 2014, 03:38:19 PM
#13
^ We will see! Thanks  Kiss
legendary
Activity: 2097
Merit: 1070
December 17, 2014, 03:13:41 PM
#12
Today marks another great day to buy as we hit the beloved triple bottom!  Kiss

Does the fact it just went down to  319.6 on bitstamp invalidate the triple bottom?

edit/

Does it still count as a triple bottom because it just dropped further down to 317.0

As I said in many many posts... we were looking for a bottom at 316, my team and I are now full leverage long at 316, we can't believe it hit our target so fast!

As professional traders, we are sticking to this target price, so emotion will not be involved...

Lets see how that works out for you...
full member
Activity: 126
Merit: 100
December 17, 2014, 11:11:14 AM
#11
Today marks another great day to buy as we hit the beloved triple bottom!  Kiss

Does the fact it just went down to  319.6 on bitstamp invalidate the triple bottom?

edit/

Does it still count as a triple bottom because it just dropped further down to 317.0

As I said in many many posts... we were looking for a bottom at 316, my team and I are now full leverage long at 316, we can't believe it hit our target so fast!

As professional traders, we are sticking to this target price, so emotion will not be involved...
legendary
Activity: 1722
Merit: 1000
December 17, 2014, 10:59:17 AM
#10
the low isn't higher and it's not a tripple bottom but therefore the  total amnesia and lack of a brain of most participants in this thread has been confimed.

You are correct it is a quadruple bottom.

The price has dropped into the mid 3's and high 2's 4 times and bounced back each time.


This doesn't mean it won't go lower but it is right in the numbers just open the eyes.

If you are looking for a double, triple "bottom" of $275.968438438095680952809458094236709843275465 or perhaps 268.45843258094358432806574392852965   you are just wow.
sr. member
Activity: 252
Merit: 250
December 17, 2014, 08:31:26 AM
#9
the low isn't higher and it's not a tripple bottom but therefore the  total amnesia and lack of a brain of most participants in this thread has been confimed.
sr. member
Activity: 481
Merit: 251
December 17, 2014, 07:16:31 AM
#8
It doesn't matter if the candle closes around 320.
sr. member
Activity: 719
Merit: 250
December 17, 2014, 07:08:50 AM
#7
Today marks another great day to buy as we hit the beloved triple bottom!  Kiss

Does the fact it just went down to  319.6 on bitstamp invalidate the triple bottom?

edit/

Does it still count as a triple bottom because it just dropped further down to 317.0
legendary
Activity: 966
Merit: 1000
December 17, 2014, 05:45:33 AM
#6
Lines on a chart are just lines on a chart. Looking for such "meaningful" patterns is known as pareidolia.

BTC price is driven by supply and demand. Currently, the supply is a lot larger than the demand.
Is there reason to expect that to change in the foreseeable future?

No.

And that's why the price will continue falling.



incorrect. the real picture is more complicated than that.
It isn't about some pictures, exo is right it's about supply and demand.
full member
Activity: 481
Merit: 102
December 17, 2014, 05:38:44 AM
#5
Lines on a chart are just lines on a chart. Looking for such "meaningful" patterns is known as pareidolia.

BTC price is driven by supply and demand. Currently, the supply is a lot larger than the demand.
Is there reason to expect that to change in the foreseeable future?

No.

And that's why the price will continue falling.



incorrect. the real picture is more complicated than that.
sr. member
Activity: 476
Merit: 250
December 17, 2014, 01:00:29 AM
#4
Lines on a chart are just lines on a chart. Looking for such "meaningful" patterns is known as pareidolia.

BTC price is driven by supply and demand. Currently, the supply is a lot larger than the demand.
Is there reason to expect that to change in the foreseeable future?

No.

And that's why the price will continue falling.

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