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Topic: Nights Watch by Afrikoin - page 76. (Read 303329 times)

sr. member
Activity: 392
Merit: 250
April 09, 2017, 01:31:25 PM
This pattern has occurred before : ( http://www.topstockresearch.com/rt/ChartPatterns.tsr?code=20000§or=200000&domain=www.TopStockResearch.com&ex=IN&p6=26-Dec-16&p5=20-Jan-17&gen=alpha&p4=27-Mar-17&p3=16-Jan-17&p2=06-Mar-17&p1=05-Apr-17&sr=r&period=SM&)

Its from BSE Sensex.
So the moving averages are 100% bullish if you ask me.
Fundamentals are still bad. Increasing adoption but SegWit is further away than ever because they wont activate it on Litecoin and BU is still a thing. Miners wont give up even now that they are exposed.

Beware that this chart has nothing to do with Bitcoin, but it has the same movement.
Any taughts on this Africoin?
Normally bullish movement with bad fundamentals = bubble and crash.
Thats what also happened on this chart after the top. It would be wise for traders to take profits now because this fast increase without a resolving the main reason why we went down is just hot air to me.

Vinny Lingham also said it, the price before a scaling solution doesnt matter, linking to possible hot air bubble.


legendary
Activity: 1540
Merit: 1003
alan watts is all you need
April 09, 2017, 12:28:15 PM
Afrikoin,

what are the chances we could retest heights and establish triple top pattern?

It would still be in line with eventual retest of 850, respecting Finabocci. Is it possible?

I am using Okcoin charts by the way, chinese exchanges are disproportionally undervalued right now.

EDIT: In the case of triple top, upper line for Chinese should be at around 8250 CNY/Bitcoin.

There is no such thing as a triple top/bottom.

https://www.google.com/webhp?sourceid=chrome-instant&ion=1&espv=2&ie=UTF-8#q=triple+top+double+top
legendary
Activity: 1540
Merit: 1003
alan watts is all you need
April 09, 2017, 12:27:16 PM
Afrikoin,

what are the chances we could retest heights and establish triple top pattern?

It would still be in line with eventual retest of 850, respecting Finabocci. Is it possible?

I am using Okcoin charts by the way, chinese exchanges are disproportionally undervalued right now.

EDIT: In the case of triple top, upper line for Chinese should be at around 8250 CNY/Bitcoin.

possible.

An ABC can be flat and irregular

I noticed the chinese exchanges did not have th $1350 spike. At least OK coin did not
sr. member
Activity: 397
Merit: 250
April 09, 2017, 12:10:28 PM
Afrikoin,

what are the chances we could retest heights and establish triple top pattern?

It would still be in line with eventual retest of 850, respecting Finabocci. Is it possible?

I am using Okcoin charts by the way, chinese exchanges are disproportionally undervalued right now.

EDIT: In the case of triple top, upper line for Chinese should be at around 8250 CNY/Bitcoin.

There is no such thing as a triple top/bottom.
legendary
Activity: 2114
Merit: 1015
April 09, 2017, 10:55:52 AM
ATH soon, you heard it here first
hero member
Activity: 574
Merit: 506
April 09, 2017, 10:52:59 AM
Afrikoin,

what are the chances we could retest heights and establish triple top pattern?

It would still be in line with eventual retest of 850, respecting Finabocci. Is it possible?

I am using Okcoin charts by the way, chinese exchanges are disproportionally undervalued right now.

EDIT: In the case of triple top, upper line for Chinese should be at around 8250 CNY/Bitcoin.
legendary
Activity: 1540
Merit: 1003
alan watts is all you need
April 09, 2017, 03:19:59 AM
Tone Vays indicator

https://twitter.com/ToneVays/status/850860893495808000

2nd FINAL UPDATE: "It's now likely #Bitcoin pauses here for a bit"... Yup, $BTCUSD is acting as expected, stuck between $1,175 & $1,200

legendary
Activity: 1540
Merit: 1003
alan watts is all you need
April 09, 2017, 03:15:26 AM
I think Tone Vays has recently said he expects sideways consolidation until next week and then a break up or down with a break up being more likely.

source?
legendary
Activity: 1540
Merit: 1003
alan watts is all you need
April 09, 2017, 03:14:21 AM
legendary
Activity: 1540
Merit: 1003
alan watts is all you need
legendary
Activity: 1540
Merit: 1003
alan watts is all you need
sr. member
Activity: 268
Merit: 250
April 09, 2017, 02:25:08 AM
I think Tone Vays has recently said he expects sideways consolidation until next week and then a break up or down with a break up being more likely.
hero member
Activity: 574
Merit: 506
April 08, 2017, 02:21:18 AM
Just finished the video. So we are looking at possibly one more attempt at spiking up, probadly ending at 1220, followed up by correction.

In very bullish scenario we might bounce at around 1050 or we could fulfill Afrikoin prediction and enter relatively long consolidation.

Either way, fine with me.
legendary
Activity: 1540
Merit: 1003
alan watts is all you need
April 08, 2017, 01:14:06 AM
Market Update: Repeating Fractals

https://www.youtube.com/watch?v=ZptkKrJmQw4
legendary
Activity: 1540
Merit: 1003
alan watts is all you need
April 08, 2017, 12:54:43 AM
legendary
Activity: 1540
Merit: 1003
alan watts is all you need
April 08, 2017, 12:45:39 AM
current mood  Grin

legendary
Activity: 1540
Merit: 1003
alan watts is all you need
April 08, 2017, 12:37:53 AM
doesnt matter who is right or wrong. All this is bad for price

You're proven right on a daily basis Huh

At what price will you admit to have been wrong, if any?


 Smiley

ATH + $1
legendary
Activity: 1386
Merit: 1009
April 07, 2017, 06:00:01 PM
I cant believe maxwell has the audacity to call a miner optimization an attack.  Thats what ASIC manufacturers have been doing all along, optimizing miners.
Did you know that in cryptography an attack is a term describing a means to weaken the security of a cryptographic function?

It's even obvious from the title of Greg's proposal:

BIP proposal: Inhibiting a covert attack on the Bitcoin POW function

In this case specifically this attack has more implications than simply lowering the costs for a particular miner: it also influences the transaction selection with yet unknown consequences to the security model of Bitcoin.
sr. member
Activity: 397
Merit: 250
April 07, 2017, 04:08:15 PM
doesnt matter who is right or wrong. All this is bad for price

You're proven right on a daily basis Huh

At what price will you admit to have been wrong, if any?


Wishful thinkers are never wrong. They can always dream.

I guess this one failed to stock up when the price recently dipped below $1000, perhaps for the last time.


Guess so too. During a bear market, it's the bulls who are greedy, not wanting to sell their coins, *hoping* for higher prices. During bull periods, it's the bears who are delusional and can't buy a 34% price discount from the top.

I know the price at which I'm no longer bullish, surely bears have to have their mental stop loss too, right?
sr. member
Activity: 392
Merit: 250
April 07, 2017, 03:57:57 PM
doesnt matter who is right or wrong. All this is bad for price

You're proven right on a daily basis Huh

At what price will you admit to have been wrong, if any?


Wishful thinkers are never wrong. They can always dream.

I guess this one failed to stock up when the price recently dipped below $1000, perhaps for the last time.

Nobody can predict bitcoin. Moving averages and patterns and the fud were essensial for a downmove, but AsicBoost ruined the bearish momentum.
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