Topic: Interesting analogy (Read 2287 times)

About what I have written has really occurred. And let it will be good "lesson" to those greedy traders. That who tried to "influence" a trend. They have forgotten the most important rule of trade: "a trend - your friend"

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That's the best place to get in .

you're starting another rally, thats what!

Got cold feet and bought back in.    I have no idea what I'm doing.

The bulls are just waiting for a dump to lower the asks .

TRULY EPIC!!!!!  Me too, every freaking time... 

Your not alone brother

Don't worry, I just sold about half of my BTC.  The market always increases by $0.20-$0.30 hours after I sell, so... expect a rally.

it's worth noting that you might be marking the wrong pattern. in other words, it can be said that the market looks the same as it did one month before the bubble...

Of course, but it often shoots up with super spikes right as it gets there which seem like people fully aware of this trendline and helping out. Could just be conspiracy though...

MetaStock, iThink Analyst, TradeStation+eSignal, Radar Screen, Aльфa-Pиcк- Упpaвлeниe пopтфeлeм, Option Station, but for the most part, the development of my company

I was referring to an attempt to influence the trend, a bad translation ...

I follow ~ 20 diagrams of different companies, the main job, I wish I could devote more time than I would like to 

No it didnt

THIS!!!  it just happened ...  people, be smarter!

A little late in noticing that analogy. It became very prominent three days ago, called a bear trap. I've been hinting at it a few times.

Good job pointing it out correctly though, and finding two past instances. There actually is a third very fast-paced one, but that doesn't matter, because if you need examples you can find them on silver twice, on the NASDAQ, and many more if you want to. It is the only chartist pattern I know and believe to give useful information on expectation value.

I believe it is caused by the delay it takes people to change their opinion on an active trend when the market is dominated by in-trend speculators. People like following trends here, this makes the shape more prominent. So basically, I think the information contained is that some non-negligible fraction of Bitcoin users changed their opinion away from bullish, and that this process is likely to continue unless the rally picks up again quickly.

The information is in the positive-then-negative breakout, volume, and the oscillations close to the peak. The rest of the indicators just show artifacts of that, I don't think they're useful for more but show.

Also, zoom in. If you look at the peaks or "stable" areas, you will notice very low volume that suddenly returns to higher volume. A sign of a market with strongly fluctuating BTC liquidity.

I would not be astonished if we see another drop some time soon.

I have been looking at mid May of last year too...

Yes, it would look like the big player is attempting to keep the price above the long term trend line every time it gets close. This has been a theory of mine also.

And so... Both these moments in the history led to reduction of prices. Your thoughts?

Postscript. Dear bulls! Don't kick me for this post, I at present out of the market. I as very much want a rise in prices, as well as you!



EDIT
I assume, the large player, the interested person, has made the big purchase, "upwards impulse", BUT many have read this post (Protect the money), and have fixed profit EARLIER than it. Now it only needs "not to allow to fall absolutely", "suppressing" lowering. These motions aren't natural to a trend. Look against logic.