Topic: Lose all your capital fast, with MatTheCat and his TA 101A! - page 53. (Read 85774 times)
lol bitfinex is basically out of coins to sell, maybe just slap another 0 on the end of the price and call it a day.
Huobi $482, others almost $20 behind - interesting. Volume is very low, sure doesn't look like the start of a pump to me.
I'm going in big when it can pass $480, until then I'm looking for another dump. Passing $470 resistance has resulted in huge dumps for many months now.
Huobi has broken through their resistance zone....
.....but perhaps worth bearing in mind that CNY exchanges are likely hugely fraudulent devices, used primarily as a means of pulling USD exchanges around....
CNY price is even higher than 3 Month Futures on OKCoin right now...and that just shouldnt be.
Will see what sort of state this is in in the morning......fkn 3am here......just sitting in a state of shock.....did not see this massive pump coming at all.....thank fuck I decided to get out at 11th hour...allowing my Stop to get hit here would have been a sore one, and would have totally undone my earlier good trades......would have been totally demoralising...instead...I am just a bit pissed off.
I'm going in big when it can pass $480, until then I'm looking for another dump. Passing $470 resistance has resulted in huge dumps for many months now.
Halving is less than 45 days from now. When are you going to buy in? At $600?
If BTC goes up in one great big green dildo all the way to $600, then so be it. I will have missed the pump. I will never chase price in either direction.
Well....totally misjudged that.
Had a short from $452, but exited at $454, literally seconds before big massive pump!
But like every other time I have missed the pump, no fkn way am I chasing that FOMO motherfucking short squeezing space rocket.
Had a short from $452, but exited at $454, literally seconds before big massive pump!
But like every other time I have missed the pump, no fkn way am I chasing that FOMO motherfucking short squeezing space rocket.
lol, this is the best, bar none, thread for the lulz!
I tend to get 'fans' on here only when I am wrong. Only r0ach feels the need to poke his nose in here, when I am right and even then, if I am correct on the short side, it is always due to some Chinese manipulators etc etc etc...(like this pump isn't entirely to do with Chinese Manipulators....CNY leads by a mile, pump happened at Shanghai Opening etc)
Go through the thread...look at the trade ideas....about 60% were on the money.
Most recent was my most spectacularly wrong.....but no TA could have predicted that pump, and in the end, I got out just $2 further up the charts than what I got in. I can live with that:
Only people who got to ride that pump where 'believers', and believers will still be believing when 'they' start dumping.....
Daily MAs have crossed bullish again....so I will switch bias back to hunting longs when the dust settles:
Halving is less than 45 days from now. When are you going to buy in? At $600?
Well....totally misjudged that.
In the trader community that I am part of, NOBODY called this right
I shall let TA tell me when/if 'The Halving' is coming.
Well....totally misjudged that.
Had a short from $453, but exited at $454, literally seconds before big massive pump!
But like every other time I have missed the pump, no fkn way am I chasing that FOMO motherfucking short squeezing space rocket.
Had a short from $453, but exited at $454, literally seconds before big massive pump!
But like every other time I have missed the pump, no fkn way am I chasing that FOMO motherfucking short squeezing space rocket.
lol, this is the best, bar none, thread for the lulz!
Well....totally misjudged that.
Had a short from $452, but exited at $454, literally seconds before big massive pump!
But like every other time I have missed the pump, no fkn way am I chasing that FOMO motherfucking short squeezing space rocket.
Had a short from $452, but exited at $454, literally seconds before big massive pump!
But like every other time I have missed the pump, no fkn way am I chasing that FOMO motherfucking short squeezing space rocket.
Please short it Mat. It would not be a proper halving without you getting margin called trying to short the Bitcoin halving.
Which then leads into vomit inducing pump
Which then leads into vomit inducing pump
May you all go broke, and burn in hell...
Looking for structural failure around low $450s for BTC short entry.
Do you not realise how ridiculous you sound?
Still....bagholders will be bagholders I suppose.
Still....bagholders will be bagholders I suppose.
I'm not worried about orchestrated shakeout attempts. As if people actually exist that want to dump Bitcoin 48 days before halving. This is what makes your charts useless when you know it's just people painting the tape to try and manipulate other actors in the market. As long as you don't plan to sell while they're doing it, it doesn't matter what temporary scams they attempt. They're just trying to manipulate BTC down while pumping Ethereum praying they can find someone to dump those useless Ethereum scamcoins on before the halving causes Eth to implode.
When you see such obvious manipulation attempts like this below, that means it's the time to buy.
Profits are profits and losses are losses you buffoon.
Do you not realise how ridiculous you sound?
Still....bagholders will be bagholders I suppose.
Still....bagholders will be bagholders I suppose.
I'm not worried about orchestrated shakeout attempts. As if people actually exist that want to dump Bitcoin 48 days before halving. This is what makes your charts useless when you know it's just people painting the tape to try and manipulate other actors in the market. As long as you don't plan to sell while they're doing it, it doesn't matter what temporary scams they attempt. They're just trying to manipulate BTC down while pumping Ethereum praying they can find someone to dump those useless Ethereum scamcoins on before the halving causes Eth to implode.
When you see such obvious manipulation attempts like this below, that means it's the time to buy.
Bag holders are more than 2x richer than they were for most of 2015.
Another meaningless Mat chart drawing millions of lines from completely arbitrary points that occurred 2 years ago. When the cost of production of a Bitcoin doubles in 49 days, where is that located on your chart?
You said that last time, and my downside target from $460, came within $3 of being hit and if anyone took that short trade, then they must surely be sitting on profits by now.
Do you not realise how ridiculous you sound?
BTC looking bearish as fuck by the way. We just had a rainbow cross on Daily Chart, no matter what way you want to look at it:
Still....bagholders will be bagholders I suppose.
Another meaningless Mat chart drawing millions of lines from completely arbitrary points that occurred 2 years ago. When the cost of production of a Bitcoin doubles in 49 days, where is that located on your chart?
Whilst I don't necessarily beleive in this trade at this point in time, 'the Davometer' (dual confirmed M or W structure seen in OBV and W%R simultanously) is a very powerful market signal, and not to be simply ignored.
Bitcoin looking bearish as fuck at the moment. I am still fairly confident of $420 down at the PoC as shown on chart. Would be looking to hunt fresh short trades if/when BTC gets back up to $450.
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