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Topic: Let's check the chart and VOTE - page 2. (Read 2149 times)

sr. member
Activity: 252
Merit: 250
November 05, 2015, 10:13:02 PM
#9
Probability for each count:

04.1 %  - GREEN
21.7 %  - BLUE
31.0 %  - alternative count
43.2 %  - RED


Your numbers don't match the poll at all...

Where are they coming from?
hero member
Activity: 854
Merit: 503
Legendary trader
November 05, 2015, 10:04:36 PM
#8
Probability for each count:

04.1 %  - GREEN
21.7 %  - BLUE
31.0 %  - alternative count
43.2 %  - RED
sr. member
Activity: 252
Merit: 250
November 05, 2015, 09:04:06 PM
#7
I think the only thing that needs to happen is for it to stop selling off. If that can happen for a few days then people will chill out. That's not my prediction...just what I would like to see.
legendary
Activity: 2590
Merit: 3015
Welt Am Draht
November 05, 2015, 09:00:10 PM
#6
BTC has temporarily hit the madhouse. I wouldn't want to predict any direction or movement. It could be back to 240 tomorrow, hovering around 400 or zero. Lord knows how anyone's managed to trade the last few days.
hero member
Activity: 854
Merit: 503
Legendary trader
November 05, 2015, 08:57:02 PM
#5
Red. The next 48 hours are absolutely critical.
legendary
Activity: 1692
Merit: 1018
November 05, 2015, 08:55:22 PM
#4
Chinese speculators understand that bitcoin is a casino.  Some get lucky, others get burnt.  Such is life.  Those that get burnt won't be back until the hurt wears off.  It's like a compulsive gambler after a big loss.  

$504 to $279 on bitfinex, and back to $362 within 24 hours.  Place your bets, ladies and gentlemen.
sr. member
Activity: 252
Merit: 250
November 05, 2015, 08:40:31 PM
#3
For the moment, I'd say the charts are screaming red if there's no strong reaction from the Chinese. 365$ broken.


Pure panic on Huobi right now. Bids are just disappearing.
full member
Activity: 193
Merit: 100
November 05, 2015, 08:33:45 PM
#2
For the moment, I'd say the charts are screaming red if there's no strong reaction from the Chinese. 365$ broken.
sr. member
Activity: 252
Merit: 250
November 05, 2015, 08:25:31 PM
#1
Alright Folks. Bulls. Bears. Spectators.

Here's what our current chart looks like. We have triple bottom support at roughly $365. We also have the upper line of the rising wedge at roughly the same spot. I'm not highly confident it's going to hold because China is not cooperating tonight, but if it does we will see the green scenario likely play out.

If 365 does not hold we will likely see 340s quickly. That's where the rising wedge bottom channel will hopefully come into play if you are a bull. This scenario is represented by the blue line. If we get into the channel and continue upwards that would be a nice sustainable way to continue upwards. Personally, I think this is best way for us to rise and sustain this rally.

And finally, for you bears out there...if we fall below the rising wedge then we go to 300 and re-evaluate from there.  



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