I think we're due for a nice healthy drop to 110s-120s, but who knows, with this whale? I'm certainly not buying any more at these rates, anyway. 
Beginning of october soon.
Big moves incoming
Topic: Market has peaked, sell off incoming. - page 3. (Read 13732 times)
Beginning of october soon.
Big moves incoming
Shroomskit, you have been on my ignore list for quite a while, but I happened to browse the forum without logging in.
Just keep me on your ignore list, and remember that that not all people have to be clueless like you.
Just keep me on your ignore list, and remember that that not all people have to be clueless like you.
I think we're due for a nice healthy drop to 110s-120s, but who knows, with this whale? I'm certainly not buying any more at these rates, anyway.
I am surprised that the 105 wall wasn't pulled, and people are allowed to sell into it. The current correct market price is about 102 - 103,
so the correction that might soon happen is normal. Maybe those whales buying at 105 are just planning to sell several months later.
But the situation looks to me similar to the one at the end of May, so more drops (maybe not large, but still drops) can be expected,
unless someone puts about 2 million $ more in the bid sum.
PS. We have a little breakthrough! Is it too early to say 'Wheee'?
PS2. WHEEE!!!
so the correction that might soon happen is normal. Maybe those whales buying at 105 are just planning to sell several months later.
But the situation looks to me similar to the one at the end of May, so more drops (maybe not large, but still drops) can be expected,
unless someone puts about 2 million $ more in the bid sum.
PS. We have a little breakthrough! Is it too early to say 'Wheee'?
PS2. WHEEE!!!
Don't you get tired of yourself? Don't you see that your predictions are totally worthless?
I asked you before: you must be extremely rich? The answer tells you how correct your predictions are. And i think we both know the answer already.
You look like silly a clown. Every single time.
IMO we are in the last stage of wave 5 and in about a week we are going to see A.
We're either completing wave 4 and my count was accurate or we have completed an ABC corrective and will resume the downtrend sometime between here and $147ish.
It may take some time to pick a direction though.
Peak today.
Until the next whale buy and bidwall.The whale bought quite a lot today
Peak today.
Until the next whale buy and bidwall. 
Peak today.
Today we will have low trading volume, it will be back and forth. Saturday a big sell off is coming, not sure where it will end up. The market will recover into a small up-trend Sunday and Monday but we might be looking at another long-climb back to where we are now. It could take weeks.
Great call...
I am surprised that the 105 wall wasn't pulled, and people are allowed to sell into it. The current correct market price is about 102 - 103,
so the correction that might soon happen is normal. Maybe those whales buying at 105 are just planning to sell several months later.
But the situation looks to me similar to the one at the end of May, so more drops (maybe not large, but still drops) can be expected,
unless someone puts about 2 million $ more in the bid sum.
PS. We have a little breakthrough! Is it too early to say 'Wheee'?
PS2. WHEEE!!!
so the correction that might soon happen is normal. Maybe those whales buying at 105 are just planning to sell several months later.
But the situation looks to me similar to the one at the end of May, so more drops (maybe not large, but still drops) can be expected,
unless someone puts about 2 million $ more in the bid sum.
PS. We have a little breakthrough! Is it too early to say 'Wheee'?
PS2. WHEEE!!!
IMO the upward trend was broken on the 5th August, when no whale stepped in to get the price above 108. They probably knew it wasn't worth trying.
If the price would have gone above 108, we would have been now in the first sub-wave of the strongest Elliot wave, but instead we are in the first
sub-wave of the down trend. This is complicated by the fact that the waves don't have a flat base, since we still are on a slight upward trend (long term),
so the peak of the 5th August could have been confounded with the first sub-wave of the strongest wave, but market indicators don't concur with this.
If the price would have gone above 108, we would have been now in the first sub-wave of the strongest Elliot wave, but instead we are in the first
sub-wave of the down trend. This is complicated by the fact that the waves don't have a flat base, since we still are on a slight upward trend (long term),
so the peak of the 5th August could have been confounded with the first sub-wave of the strongest wave, but market indicators don't concur with this.
huh. I'll ignore the weird homophobic remark by OP, and say this much: I'm not at all happy about volume. We're at a low point (USD volume) that we last saw in mid May, which was shortly before we peaked and then started the long slide downwards that lasted until early July. Bitstamp looks a bit better, but: except for one recent short-term trend (in the weekly range) where I believe bitstamp lead mtgox, most, if not all trends are still made on mtgox. So I'm not sure if bitstamp volume matters that much.
Back to the original topic: for now there is no imminent sell off, on the contrary I expect a rally within the next hours, possibly in 2 stages.
Looks like the start of a rally to me, we'll soon see if I was right. I was again wrong about the timing though.
PS. What looked like a start of a rally didn't go well at all. Bid sum dropped a lot, so I dumped at 106.1.
PS2. Someone called the possible bluff by dumping at 106.1.
Both the Bollinger width and detrended price oscillation look like we are going down.
I would really like to know how many of those buy walls will be withdrawn...
PS3. Strange movements that I couldn't understand. The bid sum dropped by almost 1 million $, making me to dump at 106.1.
Such a large drop in bids was usually associated with a significant (and delayed) drop in price. Money flow index went down too.
So after buying back, because the bid sum suddenly came back to almost normal, I ended with a 2% loss. Scratching my head...
Repeat :-)
Back to the original topic: for now there is no imminent sell off, on the contrary I expect a rally within the next hours, possibly in 2 stages.
Looks like the start of a rally to me, we'll soon see if I was right. I was again wrong about the timing though.
PS. What looked like a start of a rally didn't go well at all. Bid sum dropped a lot, so I dumped at 106.1.
PS2. Someone called the possible bluff by dumping at 106.1.
Both the Bollinger width and detrended price oscillation look like we are going down.
I would really like to know how many of those buy walls will be withdrawn...
PS3. Strange movements that I couldn't understand. The bid sum dropped by almost 1 million $, making me to dump at 106.1.
Such a large drop in bids was usually associated with a significant (and delayed) drop in price. Money flow index went down too.
So after buying back, because the bid sum suddenly came back to almost normal, I ended with a 2% loss. Scratching my head...
some american culture at its finest
This thread has gone astray. Just FYI, I'm not gay, so the 'kiss' from chodpaba didn't go well with me, and neither am I a lamb 
.
Back to the original topic: for now there is no imminent sell off, on the contrary I expect a rally within the next hours, possibly in 2 stages.
.Back to the original topic: for now there is no imminent sell off, on the contrary I expect a rally within the next hours, possibly in 2 stages.
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