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Topic: PnF TA - page 36. (Read 190682 times)

legendary
Activity: 1498
Merit: 1000
January 13, 2016, 10:06:04 AM
Mhhh, I am waiting already for more than a month for sub 400 coins. Did not expect Bitcoin to be that resilient in the 400$ region. I'd be very happy to replenish my trading stock at around 384 and 340. How do you see the chances of another drop below 400?
What you just said is the reason it din not fall! If everyone expects at 384 chances are it will not go there (under normal circumstances). Even if whales push it.

That said, I have no idea what it will do, I suppose breaking 410-415 and/or closing below 420 for a day would be a sign towards lower prices.

Me thinks there is still a long way before halving. Lots of fud and drama in the starting blocks.
The dramatic element is back again, I agree. Though we may have entered an era that people are so desperate for geopoliticoeconomicostrategic ( Tongue ) reasons that will buy BTC nevertheless.

And if not BTC then probably another coin (Ethereum?).

What? How would a "smart contract" coin retain any value? Dont fool yourself, Ethereum is almost bankrupt.

"geopoliticoeconomicostrategic" whining whatnots are on a mission to try at highjacking bitcoin, yet, thanks to bitcoin's decentralization, it is unlikely they will succeed fork the shit out of our investment.

This leaves them with social media brigading and consensus breaking shitcoins.

The market says otherwise - respect it!  Smiley

Ethereum is a Swiss nonprofit (note the irony Grin Grin) organisation.

Even the kid on top of it admits it will eventually run out cash: http://qntra.net/2015/09/buterins-waterfall-nearly-spent/

Markets are full with clueless sheeps and malicious scammers. Do you think the financial markets are right and not rigged?

I dont mind bitcoin's willychinabot price (ecxept for my trading stash) for all it matter is my investment staying in an robust and unalienable system.
What I am saying is that if you have serious troubles (you won't believe the things happening here in Greece with people trying to get money out of banks) you will risk the cryptocoin choice. If BTC is problematic, you will look elsewhere.

Also, I am talking here from a TA PoV and not fundamental one. I don't think markets are right or wrong but it paid well to buy ETH at 200k satoshi.

Disclaimer: I hold 0 ETH.
legendary
Activity: 1260
Merit: 1002
January 13, 2016, 10:00:14 AM
Mhhh, I am waiting already for more than a month for sub 400 coins. Did not expect Bitcoin to be that resilient in the 400$ region. I'd be very happy to replenish my trading stock at around 384 and 340. How do you see the chances of another drop below 400?
What you just said is the reason it din not fall! If everyone expects at 384 chances are it will not go there (under normal circumstances). Even if whales push it.

That said, I have no idea what it will do, I suppose breaking 410-415 and/or closing below 420 for a day would be a sign towards lower prices.

Me thinks there is still a long way before halving. Lots of fud and drama in the starting blocks.
The dramatic element is back again, I agree. Though we may have entered an era that people are so desperate for geopoliticoeconomicostrategic ( Tongue ) reasons that will buy BTC nevertheless.

And if not BTC then probably another coin (Ethereum?).

What? How would a "smart contract" coin retain any value? Dont fool yourself, Ethereum is almost bankrupt.

"geopoliticoeconomicostrategic" whining whatnots are on a mission to try at highjacking bitcoin, yet, thanks to bitcoin's decentralization, it is unlikely they will succeed fork the shit out of our investment.

This leaves them with social media brigading and consensus breaking shitcoins.

The market says otherwise - respect it!  Smiley

Ethereum is a Swiss nonprofit (note the irony Grin Grin) organisation.

Even the kid on top of it admits it will eventually run out cash: http://qntra.net/2015/09/buterins-waterfall-nearly-spent/

Markets are full with clueless sheeps and malicious scammers. Do you think the financial markets are right and not rigged?

I dont mind bitcoin's willychinabot price (ecxept for my trading stash) for all it matter is my investment staying in an robust and unalienable system.
legendary
Activity: 1498
Merit: 1000
January 13, 2016, 09:48:51 AM
Mhhh, I am waiting already for more than a month for sub 400 coins. Did not expect Bitcoin to be that resilient in the 400$ region. I'd be very happy to replenish my trading stock at around 384 and 340. How do you see the chances of another drop below 400?
What you just said is the reason it din not fall! If everyone expects at 384 chances are it will not go there (under normal circumstances). Even if whales push it.

That said, I have no idea what it will do, I suppose breaking 410-415 and/or closing below 420 for a day would be a sign towards lower prices.

Me thinks there is still a long way before halving. Lots of fud and drama in the starting blocks.
The dramatic element is back again, I agree. Though we may have entered an era that people are so desperate for geopoliticoeconomicostrategic ( Tongue ) reasons that will buy BTC nevertheless.

And if not BTC then probably another coin (Ethereum?).

What? How would a "smart contract" coin retain any value? Dont fool yourself, Ethereum is almost bankrupt.

"geopoliticoeconomicostrategic" whining whatnots are on a mission to try at highjacking bitcoin, yet, thanks to bitcoin's decentralization, it is unlikely they will succeed fork the shit out of our investment.

This leaves them with social media brigading and consensus breaking shitcoins.

The market says otherwise - respect it!  Smiley
legendary
Activity: 1260
Merit: 1002
January 13, 2016, 09:46:30 AM
Mhhh, I am waiting already for more than a month for sub 400 coins. Did not expect Bitcoin to be that resilient in the 400$ region. I'd be very happy to replenish my trading stock at around 384 and 340. How do you see the chances of another drop below 400?
What you just said is the reason it din not fall! If everyone expects at 384 chances are it will not go there (under normal circumstances). Even if whales push it.

That said, I have no idea what it will do, I suppose breaking 410-415 and/or closing below 420 for a day would be a sign towards lower prices.

Me thinks there is still a long way before halving. Lots of fud and drama in the starting blocks.
The dramatic element is back again, I agree. Though we may have entered an era that people are so desperate for geopoliticoeconomicostrategic ( Tongue ) reasons that will buy BTC nevertheless.

And if not BTC then probably another coin (Ethereum?).

What? How would a "smart contract" coin retain any value? Dont fool yourself, Ethereum is almost bankrupt.

"geopoliticoeconomicostrategic" whining whatnots are on a mission to try at highjacking bitcoin (even accelerating the bs before the halving), yet, thanks to bitcoin's decentralization, it is unlikely they will succeed forking the shit out of our investment, our money.

This leaves them with social media brigading and consensus breaking shitcoins.

legendary
Activity: 1498
Merit: 1000
January 13, 2016, 08:49:29 AM
Mhhh, I am waiting already for more than a month for sub 400 coins. Did not expect Bitcoin to be that resilient in the 400$ region. I'd be very happy to replenish my trading stock at around 384 and 340. How do you see the chances of another drop below 400?
What you just said is the reason it din not fall! If everyone expects at 384 chances are it will not go there (under normal circumstances). Even if whales push it.

That said, I have no idea what it will do, I suppose breaking 410-415 and/or closing below 420 for a day would be a sign towards lower prices.

Me thinks there is still a long way before halving. Lots of fud and drama in the starting blocks.
The dramatic element is back again, I agree. Though we may have entered an era that people are so desperate for geopoliticoeconomicostrategic ( Tongue ) reasons that will buy BTC nevertheless.

And if not BTC then probably another coin (Ethereum?).
legendary
Activity: 1260
Merit: 1002
January 13, 2016, 08:36:04 AM
Mhhh, I am waiting already for more than a month for sub 400 coins. Did not expect Bitcoin to be that resilient in the 400$ region. I'd be very happy to replenish my trading stock at around 384 and 340. How do you see the chances of another drop below 400?
What you just said is the reason it din not fall! If everyone expects at 384 chances are it will not go there (under normal circumstances). Even if whales push it.

That said, I have no idea what it will do, I suppose breaking 410-415 and/or closing below 420 for a day would be a sign towards lower prices.

Me thinks there is still a long way before halving. Lots of fud and drama in the starting blocks.
legendary
Activity: 1498
Merit: 1000
January 13, 2016, 08:30:56 AM
Mhhh, I am waiting already for more than a month for sub 400 coins. Did not expect Bitcoin to be that resilient in the 400$ region. I'd be very happy to replenish my trading stock at around 384 and 340. How do you see the chances of another drop below 400?
What you just said is the reason it din not fall! If everyone expects at 384 chances are it will not go there (under normal circumstances). Even if whales push it.

That said, I have no idea what it will do, I suppose breaking 410-415 and/or closing below 420 for a day would be a sign towards lower prices.
legendary
Activity: 1473
Merit: 1086
January 13, 2016, 08:00:26 AM
Mhhh, I am waiting already for more than a month for sub 400 coins. Did not expect Bitcoin to be that resilient in the 400$ region. I'd be very happy to replenish my trading stock at around 384 and 340. How do you see the chances of another drop below 400?
legendary
Activity: 1498
Merit: 1000
January 13, 2016, 05:35:23 AM
Closing the daily below 419 would be problematic. Sell if we close <414.15$

legendary
Activity: 1498
Merit: 1000
January 06, 2016, 09:55:01 PM
legendary
Activity: 1498
Merit: 1000
January 03, 2016, 12:57:05 PM

Try to enter close to the support.
Still some chances for a bull trap, also the short term charts did not breakout and have some resistances.
Daily is clear from bearish lines 453+

EDIT: Stoploss 414

Bitfinex 1D HL 1%x3


Yeap...

So, what does it mean for an average Joe?

It means that the previous breakout was suspicious (still is) and one should wait at least for a pullback to enter.

The way the situation is right one I see the following:

We will have either a bull trap or a triple top break.

440+ will clear objective bearish line (red).
450+ will clear subjective bear line (blue one).

So for people who did not buy at the support and want to be more certain, buy after 440+ is hit. For more conservatives try after 450+ is hit.
Try to enter at around 435 in the first case, 445 in the second. It may not be easy though (triple top break is a strong trending signal).

For those who like more risk, a small long between 400-405 with a stop at 398.5 is a great entry regarding risk/reward.

Good support at 372-387.



hero member
Activity: 744
Merit: 500
January 03, 2016, 12:42:06 PM

Try to enter close to the support.
Still some chances for a bull trap, also the short term charts did not breakout and have some resistances.
Daily is clear from bearish lines 453+

EDIT: Stoploss 414

Bitfinex 1D HL 1%x3


Yeap...

So, what does it mean for an average Joe?
legendary
Activity: 1498
Merit: 1000
January 03, 2016, 10:39:55 AM

Try to enter close to the support.
Still some chances for a bull trap, also the short term charts did not breakout and have some resistances.
Daily is clear from bearish lines 453+

EDIT: Stoploss 414

Bitfinex 1D HL 1%x3


Yeap...
legendary
Activity: 1498
Merit: 1000
January 01, 2016, 03:06:56 AM
Seems that bulls wanna be in control during 2016!

Bitfinex 1D HL 1%x3



Try to enter close to the support.
Still some chances for a bull trap, also the short term charts did not breakout and have some resistances.
Daily is clear from bearish lines 453+

EDIT: Stoploss 414
legendary
Activity: 1498
Merit: 1000
December 31, 2015, 02:52:34 AM
Will a bearish catapult form?

Bitfinex 1D HL 1%x3



Happy 2016 everyone!
legendary
Activity: 1498
Merit: 1000
December 26, 2015, 12:59:28 PM
FYI, China did the triple bottom break.

So what?
So it went down more since then. Usually it is a very strong signal, especially the sell one.

Now, smart traders will short the shit out of it when it bounces good (430-450). Because another break will give a bearish catapult, that will probably bring us at least in the low 300$.

EDIT: That is if it bounces before it breaks 400$.
legendary
Activity: 1498
Merit: 1000
December 26, 2015, 12:58:30 PM
FYI, China did the triple bottom break.

So what?
So it went down more since then. Usually it is a very strong signal, especially the sell one.

Now, smart traders will short the shit out of it when it bounces good (430-450). Because another break will give a bearish catapult, that will probably bring us at least in the low 300$.
hero member
Activity: 744
Merit: 500
December 26, 2015, 12:44:28 PM
FYI, China did the triple bottom break.

So what?
legendary
Activity: 1498
Merit: 1000
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