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Topic: It's called a correction (waveaddict's bitcoin charting subscription thread) - page 7. (Read 92097 times)

hero member
Activity: 535
Merit: 500
'premium only' email sent  Cheesy
I hope they were not delivered. Because this is most dumbest thing I've read in all my life.
hero member
Activity: 532
Merit: 500
'premium only' email sent  Cheesy
hero member
Activity: 532
Merit: 500
I told you guys this was gunna happen...

Cheesy

Sometimes you just gotta go with your gut, the news does affect this market..



It's actually how the masses perceive this news which affects the market, and that perception is held captive to what social wave (Elliott Wave) bitcoin is in during any given time.  Good news is perceived as more good during larger waves higher just as bad news is perceived as more bad during larger waves lower. Furthermore, good news is perceived as less good during larger waves lower just as bad news is perceived as less bad during larger waves higher.

Emotions are what drive the price of bitcoin...not logic derived from news.
legendary
Activity: 1764
Merit: 1002
I told you guys this was gunna happen...

Cheesy

Sometimes you just gotta go with your gut, the news does affect this market..



yes.  no market can exist in isolation.
hero member
Activity: 770
Merit: 500
You're fat, because you dont have any pics on FB
I told you guys this was gunna happen...

Cheesy

Sometimes you just gotta go with your gut, the news does affect this market..

legendary
Activity: 2408
Merit: 1009
Legen -wait for it- dary
Just sent out today's email
June 14 update contains chart: 294

Great chart Smiley  Im getting the hang of these waves finally.

Agreed! It clears up some questions I had on what to include/exclude within the smaller blips of the indicators.   Wink
legendary
Activity: 1008
Merit: 1000
Just sent out today's email
June 14 update contains chart: 294

Great chart Smiley  Im getting the hang of these waves finally.
hero member
Activity: 532
Merit: 500
Just sent out today's email
June 14 update contains chart: 294
hero member
Activity: 532
Merit: 500
Just sent out today's email   Cheesy   Playing with Extensions
June 13 update contains charts: 289, 290

June 12 update contained charts: 287, 288

June 11 update contained charts: 286
legendary
Activity: 1904
Merit: 1037
Trusted Bitcoiner
the brakout of the triangle whitch it is forming, will tell if we go down or up in the shortterm

My guess is down.  All that money is too tempting.

the walls on the buy side have been strong for a while now

the money was too tempting on May 29th, a big sell of happened, but was fallowed by very fast recovery, that's when i started this thread are you all watching?

Maybe your right, Maybe they are looking at their bitcoin stash thinking "only a few more dumps and I'll have gotten rid of all these useless bitcoins!"
LOL! Epic Fail

I don't think people are trying to get rid of all their "useless bitcoins".  I do think traders are trying to profit from the recent move up and/or increase their bitcoin position by selling and buying back when the price is lower.  But, I've observed in the past that as enough people jump on that bandwagen the downward movement can become quite strong.

True,
But if not enough people jump on that bandwagen, or the bandwagen leaves early  ( someone buys it all back b4 anyone else ) the after math could mean, mass panic buy backies!  Wink

anyway that bandwagen is long gone 5.52, Quickly Everyone, Buy Back! B4 its to late

http://www.youtube.com/watch?v=Lzl5t1Sracc
legendary
Activity: 2198
Merit: 1311
the brakout of the triangle whitch it is forming, will tell if we go down or up in the shortterm

My guess is down.  All that money is too tempting.

the walls on the buy side have been strong for a while now

the money was too tempting on May 29th, a big sell of happened, but was fallowed by very fast recovery, that's when i started this thread are you all watching?

Maybe your right, Maybe they are looking at their bitcoin stash thinking "only a few more dumps and I'll have gotten rid of all these useless bitcoins!"
LOL! Epic Fail

I don't think people are trying to get rid of all their "useless bitcoins".  I do think traders are trying to profit from the recent move up and/or increase their bitcoin position by selling and buying back when the price is lower.  But, I've observed in the past that as enough people jump on that bandwagen the downward movement can become quite strong.
legendary
Activity: 1904
Merit: 1037
Trusted Bitcoiner
the brakout of the triangle whitch it is forming, will tell if we go down or up in the shortterm

My guess is down.  All that money is too tempting.

the walls on the buy side have been strong for a while now

the money was too tempting on May 29th, a big sell of happened, but was fallowed by very fast recovery, that's when i started this thread are you all watching?

Maybe your right, Maybe they are looking at their bitcoin stash thinking "only a few more dumps and I'll have gotten rid of all these useless bitcoins!"
LOL! Epic Fail
hero member
Activity: 532
Merit: 500
Just sent out today's email  Cheesy
June 10 update contains charts: 281, 282, 283, 284
legendary
Activity: 2198
Merit: 1311
the brakout of the triangle whitch it is forming, will tell if we go down or up in the shortterm

My guess is down.  All that money is too tempting.
sr. member
Activity: 387
Merit: 250
the brakout of the triangle whitch it is forming, will tell if we go down or up in the shortterm
legendary
Activity: 2198
Merit: 1311
Not a subscriber anymore, but if I had to guess, I'd say that in the coming days we're likely to see increased selling as people take advantage of the liquidity on the buy side and take profits.
hero member
Activity: 532
Merit: 500
'premium only' email sent  Cheesy
contains chart: 274, 280
hero member
Activity: 532
Merit: 500
Just sent out today's email   Pattern in Play
June 9 update contains charts: 275, 278, 279

June 8 update contained chart 277
hero member
Activity: 532
Merit: 500
Just sent out today's email   Detail
June 7 update contains charts: 274, 275
hero member
Activity: 532
Merit: 500
Just sent out today's email   A Little Math
June 6 update contains charts: 273
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