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Topic: PnF TA - page 2. (Read 190664 times)

legendary
Activity: 1498
Merit: 1000
May 21, 2017, 06:01:07 AM
Thanks for the Bitcoin update ! Hard to imagine these numbers (yet). Smiley
Bodog is a gigantic 'masternode', sooner or later the market (which is strong denial because no hype - 1) due to scaling drama/Core FUD, 2) No hype news ) will realise it and I expect at some point price to pop violently (just like the old days, alt like).

Bitcoins in circulation keep diminishing, most circulating are at Polo now (in BTC fiat exchanges they buy and hold, alt holders will be left bagholding soon ), CA also buys all the daily emission from miners and there are a couple more billionaires buying too (see recent news).

Also, probably some central banks are stocking BTC reserves and more will follow.

Meanwhile I am long XMR  Tongue Cheesy Grin
legendary
Activity: 1473
Merit: 1086
May 21, 2017, 05:51:11 AM
Thanks for the Bitcoin update ! Hard to imagine these numbers (yet). Smiley
legendary
Activity: 1498
Merit: 1000
May 21, 2017, 04:30:10 AM
So for BTC, a good take profit is weekly RSI at around 96 - you have to see it live though because if the week closes it might be too late (it could close after the dump has started, at around 85-91).

Two important charts:



Above we have Price Objective at 3000$ and a bullish resistance at around 2300.






IMO if we break 2500 for good we will test 5000 area, breaking 5300 convincingly we will test 11k area (10000 euro).

I would say we will have a correction at around 2200 max 2300 (2000 euro), but it will be a temporary stop, Bodog buys all the coins and Calvin prepares with Satoshi (Craig) to rekt Core and Blockstream.

Stay tuned...
legendary
Activity: 1498
Merit: 1000
May 21, 2017, 04:22:01 AM
I am sure I had posted a Bitshares chart when it broke the down trend but can't find it  Huh Undecided
Anyway, here is a possible target for some take profit (but hold some in case it breaks ath and goes really nuts):

https://twitter.com/CryptXO/status/866221445101309952


Next post will be btc.
legendary
Activity: 1498
Merit: 1000
May 20, 2017, 02:49:39 PM
Closed my long at upper bband limit, will try to enter the lower one (if possible)
Did not manage to enter so low but got back in while it was consolidating for the next leg up, which happened hours ago.

Now it remains to be seen how strong this move is...
legendary
Activity: 1498
Merit: 1000
May 18, 2017, 12:00:08 PM
Closed my long at upper bband limit, will try to enter the lower one (if possible)
sr. member
Activity: 397
Merit: 250
May 18, 2017, 10:36:35 AM
I'm selling my moneros starting at $70.

Get yours while they're not hot Smiley
legendary
Activity: 1498
Merit: 1000
May 18, 2017, 03:45:01 AM
Some VERY ROUGH estimations for XMRBTC, based on XMRUSD & BTCUSD prices:

legendary
Activity: 1498
Merit: 1000
May 18, 2017, 03:06:29 AM
Glad to see around Klee.

So basically XMR might shadow growth of bitcoin? Is that correct? BTC just bounced today significantly.

Now, I am noticing, that unlike many other alts, XMR wasnt really all that pumped to begin with... I am sure sharks know about this aswell. This could be big, if you are correct, sir.

There is no good fundamental reason why Monero should have lower cap than litecoin.
ALTs correlation with BTC has got a bit weird, so I give emphasis first in the specific coin's chart (with of course always having in mind what btc does).

I would say that in the latest ALT party, XMR was an underperformer, I was expecting a new ATH to be honest.

No idea who suppresses it or why (botnet? whales? both?) but IMO it is one of the few good bets for ALTs now (because not ridiculously overbought combined with strong fundamentals).

So this might be the beginning of a mega bull run or just a dead cat, we shall see soon (but so far it seems it was a good advise yesterday).


legendary
Activity: 1498
Merit: 1000
May 18, 2017, 02:58:22 AM
Glad to see around Klee.

So basically XMR might shadow growth of bitcoin? Is that correct? BTC just bounced today significantly.

Now, I am noticing, that unlike many other alts, XMR wasnt really all that pumped to begin with... I am sure sharks know about this aswell. This could be big, if you are correct, sir.

There is no good fundamental reason why Monero should have lower cap than litecoin.
ALTs correlation with BTC has got a bit weird, so I give emphasis first in the specific coin's chart (with of course always having in mind what btc does).

I would say that in the latest ALT party, XMR was an underperformer, I was expecting a new ATH to be honest.

No idea who suppresses it or why (botnet? whales? both?) but IMO it is one of the few good bets for ALTs now (because not ridiculously overbought combined with strong fundamentals).

So this might be the beginning of a mega bull run or just a dead cat, we shall see soon (but so far it seems it was a good advise yesterday).

hero member
Activity: 574
Merit: 506
May 17, 2017, 01:59:52 PM
Glad to see around Klee.

So basically XMR might shadow growth of bitcoin? Is that correct? BTC just bounced today significantly.

Now, I am noticing, that unlike many other alts, XMR wasnt really all that pumped to begin with... I am sure sharks know about this aswell. This could be big, if you are correct, sir.

There is no good fundamental reason why Monero should have lower cap than litecoin.
legendary
Activity: 1498
Merit: 1000
May 17, 2017, 01:23:58 PM
Here is a risky trade.

I was trying to find some kind of bullish indication in XMRBTC chart and I found this:



Bullish divergence for RSI at 6h + breaking bbands lower limit

Could bounce here but it is pretty risky entry, don't get exposed much...
legendary
Activity: 1498
Merit: 1000
legendary
Activity: 1498
Merit: 1000
May 04, 2017, 02:52:11 AM
I did, thank you. Still waiting for those $50 litecoins though Wink
In time!

BTW, my short was closed at 0.01  Wink

Just make sure not to be left holding the bag when fontas & goat start dumping...
sr. member
Activity: 397
Merit: 250
May 04, 2017, 02:20:47 AM
I did, thank you. Still waiting for those $50 litecoins though Wink
sr. member
Activity: 397
Merit: 250
full member
Activity: 142
Merit: 100
May 03, 2017, 12:58:25 PM
Rofl, because of a 5s 1 thread processing time ?  Roll Eyes

Alts always collapse just when Bitcoin is entering parabolic move. It will be that way for foreseeable future as it still has not only first mover advantage but majority of entire cryptocurrency market capitalization. Its gravitational field is simply too strong.
It is possible to capitalize completely in the field of cryptography, but how can Bitcoin's implementation affect the prostate using all the technologies of the common man
hero member
Activity: 574
Merit: 506
May 02, 2017, 06:32:22 PM
Rofl, because of a 5s 1 thread processing time ?  Roll Eyes

Alts always collapse just when Bitcoin is entering parabolic move. It will be that way for foreseeable future as it still has not only first mover advantage but majority of entire cryptocurrency market capitalization. Its gravitational field is simply too strong.
legendary
Activity: 1498
Merit: 1000
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