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Topic: Obvious TA is obvious (Read 2169 times)

legendary
Activity: 1470
Merit: 1007
January 30, 2014, 08:30:02 PM
#28


I, too, love the parallel channel tool of tradingview.com.
legendary
Activity: 1666
Merit: 1057
Marketing manager - GO MP
January 30, 2014, 07:36:25 PM
#27
sr. member
Activity: 336
Merit: 250
January 30, 2014, 02:21:39 PM
#26

 Grin
sr. member
Activity: 336
Merit: 250
January 30, 2014, 01:37:07 PM
#25
What? volume determines direction? what?
low volume determines a stand off. neither bulls or bears have come to agree. low volume is concluded with rapid moves in either direction.
the trend is up.......



Is it obvious now?
hero member
Activity: 622
Merit: 500
January 30, 2014, 10:08:52 AM
#24

According to this extrapolation we should start heading to Mars pretty soon now.

I have a feeling this isn't your first rodeo.
sr. member
Activity: 308
Merit: 250
January 30, 2014, 09:59:54 AM
#23


OMG ITS BREAKING OUT THE WRONG WAY.

This is terrible news. Mtgox is a good japans foreign source. So this is verified and confirmed.

Lol. I don't dont even look at gox anymore, thanks for the reminder.
legendary
Activity: 2576
Merit: 1087
January 30, 2014, 09:58:01 AM
#22


OMG ITS BREAKING OUT THE WRONG WAY.

This is terrible news. Mtgox is a good japans foreign source. So this is verified and confirmed.
legendary
Activity: 1596
Merit: 1030
Sine secretum non libertas
January 30, 2014, 12:00:47 AM
#21
volume now is about 10 times what it was a year ago. 
legendary
Activity: 924
Merit: 1001
January 29, 2014, 11:53:59 PM
#20
According to this extrapolation we should start heading to Mars pretty soon now.
Please, volume determins direction.

Bitcoin is heading towards a black hole, and it is a really very very black one.



What? volume determines direction? what?
low volume determines a stand off. neither bulls or bears have come to agree. low volume is concluded with rapid moves in either direction.
the trend is up.......
hero member
Activity: 714
Merit: 500
January 29, 2014, 11:11:06 PM
#19

According to this extrapolation we should start heading to Mars pretty soon now.



FTFY  (Grounded in reality)

hero member
Activity: 672
Merit: 500
January 29, 2014, 03:18:54 PM
#18

According to this extrapolation we should start heading to Mars pretty soon now.

FTFY

legendary
Activity: 1470
Merit: 1007
January 29, 2014, 02:48:40 PM
#17
According to this extrapolation we should start heading to Mars pretty soon now.
Please, volume determins direction.

Bitcoin is heading towards a black hole, and it is a really very very black one.




Let me guess, you're looking at (a) raw BTC volume and (b) on mtgox. Am I right? I know I'm right Cheesy

Sure you are, and in which direction is it obviously heading?

Thought this is an obvious TA thread.

No direction I can tell. Slight bias downwards perhaps, but with a lot of resistance on the way. That's why they call it consolidation Cheesy

No, my point was that it looked to me as if you were going on about the by now ancient argument "volume is sooo low compared to [enter earlier year], therefore price is unjustified", to which the obvious refutation is that (a) mtgox volume is now split up over several different exchanges, and (b) you can't directly compare BTC volume across different eras. Point (b) is the most tricky one: there are those who favor simply comparing USD volume, which is (in my opinion) not the right way to look at it either -- but expecting that raw coin volume should be the same at 800 per coin as it was at 80 per coin is almost certainly wrong as well.
legendary
Activity: 1176
Merit: 1010
Borsche
January 29, 2014, 02:47:36 PM
#16

Here is a translation of the sentence for foreign language source confirmation:

当这条鲸鱼决定它是不值得的努力,会发生什么?

I confirm that this is proper bad news in greek.
sr. member
Activity: 448
Merit: 250
January 29, 2014, 02:27:53 PM
#15
Obvious TA is obvious. Confirmed news is confirmed. Bitcoin is obviously heading down in the short/mid-term.

Someone's trying really hard to keep the price where it is. Obvious price manipulation is obvious. What happens when this whale decides it's not worth the effort?



No answer needed, because obvious.


I can confirm rhetorical status of question. Bearish.

Here is a translation of the sentence for foreign language source confirmation:

当这条鲸鱼决定它是不值得的努力,会发生什么?
sr. member
Activity: 336
Merit: 250
January 29, 2014, 02:13:18 PM
#14
Obvious TA is obvious. Confirmed news is confirmed. Bitcoin is obviously heading down in the short/mid-term.

Someone's trying really hard to keep the price where it is. Obvious price manipulation is obvious. What happens when this whale decides it's not worth the effort?



No answer needed, because obvious.
sr. member
Activity: 448
Merit: 250
January 29, 2014, 02:08:11 PM
#13
Obvious TA is obvious. Confirmed news is confirmed. Bitcoin is obviously heading down in the short/mid-term.

Someone's trying really hard to keep the price where it is. Obvious price manipulation is obvious. What happens when this whale decides it's not worth the effort?

sr. member
Activity: 336
Merit: 250
January 29, 2014, 01:57:12 PM
#12
According to this extrapolation we should start heading to Mars pretty soon now.
Please, volume determins direction.

Bitcoin is heading towards a black hole, and it is a really very very black one.




Let me guess, you're looking at (a) raw BTC volume and (b) on mtgox. Am I right? I know I'm right Cheesy

Sure you are, and in which direction is it obviously heading?

Thought this is an obvious TA thread.
legendary
Activity: 1470
Merit: 1007
January 29, 2014, 01:52:34 PM
#11
According to this extrapolation we should start heading to Mars pretty soon now.
Please, volume determins direction.

Bitcoin is heading towards a black hole, and it is a really very very black one.




Let me guess, you're looking at (a) raw BTC volume and (b) on mtgox. Am I right? I know I'm right Cheesy
sr. member
Activity: 336
Merit: 250
January 29, 2014, 01:42:58 PM
#10
According to this extrapolation we should start heading to Mars pretty soon now.
Please, volume determins direction.

Bitcoin is heading towards a black hole, and it is a really very very black one.


legendary
Activity: 1008
Merit: 1000
Making money since I was in the womb! @emc2whale
January 29, 2014, 01:31:53 PM
#9

According to this extrapolation we should start heading to Mars pretty soon now.

This is CONFIRMED BAD NEWS. This post should be reposted in the proper thread!

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