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Topic: PnF TA - page 22. (Read 190682 times)

hero member
Activity: 560
Merit: 501
May 21, 2016, 08:13:27 AM
What do you think of that :


It could be the case but BTC will probably (as it does right now) test the 2960-3000 resistance again, so probably ETH will go more down.

Good point didn't think about that. Let's see what happens in the next few days that would be interesting to follow.
legendary
Activity: 1498
Merit: 1000
May 21, 2016, 07:50:04 AM
What do you think of that :


It could be the case but BTC will probably (as it does right now) test the 2960-3000 resistance again, so probably ETH will go more down.
hero member
Activity: 560
Merit: 501
May 21, 2016, 05:53:36 AM
What do you think of that :

hero member
Activity: 870
Merit: 585
May 21, 2016, 02:31:19 AM
Following
legendary
Activity: 1498
Merit: 1000
May 20, 2016, 05:35:50 PM
Short ETH:

img]http://i.imgur.com/5uOs4IH.png[/img]

Stop 0.03431892

https://www.youtube.com/watch?v=ETxmCCsMoD0

lol good calls Grin

Bullish on btc now then? short term that is
Yes, normally we should retest 2950-3000 area.

I suspect we might break 3040 and test 3150 too, even breaking 3150 and testing 3300-3350.

Just speculating though in the last sentence.
legendary
Activity: 1498
Merit: 1000
legendary
Activity: 1498
Merit: 1000
May 19, 2016, 07:25:24 PM
legendary
Activity: 1498
Merit: 1000
May 19, 2016, 06:25:33 PM
Short ETH:



Stop 0.03431892
legendary
Activity: 1473
Merit: 1086
May 19, 2016, 06:13:37 PM
Buy between 2850-2920, sell if we close 15m+ below 2850.



Are you neutral, bearish or bullish for BTC right now ?

How do you see short-med term ?


Didn't Klee already explained it in full detail ? Bear trap if it stays above 2850 and then a halving rally - or doomsday if it breaks this level including a postponed/cancelled bitcoin bubble and brutal pain for every longterm holder/crypto enthusiast. Smiley
legendary
Activity: 1498
Merit: 1000
May 19, 2016, 03:49:09 PM
Buy between 2850-2920, sell if we close 15m+ below 2850.



Are you neutral, bearish or bullish for BTC right now ?

How do you see short-med term ?
legendary
Activity: 1386
Merit: 1027
Permabull Bitcoin Investor
May 19, 2016, 03:43:53 PM
Buy between 2850-2920, sell if we close 15m+ below 2850.



Are you neutral, bearish or bullish for BTC right now ?

How do you see short-med term ?
legendary
Activity: 1498
Merit: 1000
May 19, 2016, 03:31:51 PM
Buy between 2850-2920, sell if we close 15m+ below 2850.

legendary
Activity: 1386
Merit: 1027
Permabull Bitcoin Investor
May 19, 2016, 03:30:23 PM
I'm getting confused my friend, could you please ELI5 for your forecast and how do you see the current mess ?

Thanks in advance.
legendary
Activity: 1498
Merit: 1000
May 19, 2016, 03:20:41 PM
Actually I am neutral now.

Breaking and closing above 2990 for 1 day will make me uber bullish but you have to understand:

What happened when we kept testing 220$?

The inverse may happen now that we test so many times 460-475 (around 3000cny).

So things may get really ugly from here too.




I see 3 pages of bullish topics in Speculation...  Undecided

Every visit at 3000 is a selling/shorting opportunity.



Easy money eh? Not gonna happen people....
legendary
Activity: 1498
Merit: 1000
May 19, 2016, 02:30:15 PM


Both methods (BB, P&F) match for the targets!
legendary
Activity: 1498
Merit: 1000
May 19, 2016, 02:22:59 PM
John Bollinger says pretty much the same (bear tarp):

https://twitter.com/bbands/status/733350214103236608

"Re $BTCUSD BB Squeeze: The pattern in %b suggests some more weakness, then I'll be looking for a Head Fake."

http://stockcharts.com/school/doku.php?id=chart_school:trading_strategies:bollinger_band_squee#the_head_fake

So I suppose a flash crash even at 2850-2875 is possible and closing 15m 2900+

We'll see...
legendary
Activity: 1498
Merit: 1000
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