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Topic: PnF TA - page 43. (Read 190669 times)

legendary
Activity: 1498
Merit: 1000
October 31, 2015, 01:58:23 PM
Lol I was making a joke that we reached the TOP.

Anyway, 331 is a buy signal....
China did not follow and it double toped at 334.


legendary
Activity: 1498
Merit: 1000
October 30, 2015, 01:23:15 PM
Lol I was making a joke that we reached the TOP.

Anyway, 331 is a buy signal....
legendary
Activity: 1274
Merit: 1050
legendary
Activity: 1498
Merit: 1000
October 30, 2015, 06:37:21 AM
This will go nuts above 385, let's see if it will break the 335-350 zone to test it.

china already broke it. ^^
Yeah, I mean for the western exchanges  Cheesy
legendary
Activity: 1260
Merit: 1002
October 30, 2015, 06:13:16 AM
This will go nuts above 385, let's see if it will break the 335-350 zone to test it.

china already broke it. ^^
legendary
Activity: 1498
Merit: 1000
legendary
Activity: 1498
Merit: 1000
October 30, 2015, 03:27:42 AM
Huge accumulation between 215-305.

POs for this chart are:

Vertical 673
Horizontal: 330

I will go with the more conservative one (330) because it is confirmed by the 1st bullish resistance too!!

Because we have daily close, I expect the price to close at 330 area and spike higher, probably in the 340-355 area.

This will take time of course. Or not.

Mind you that the PO of the below long term chart for the upside maybe 350$ but for the downside is 102$:

Bitstamp 1d CLOSE 3%x3

The PO are based on the Vertical counts of the following columns:

1) The reversal X column from the 173$ low, which was partially hit (305$) but then was INVALIDATED by the triple bottom break. I still give this count though a chance because I wanna be good with Bitcoin (but this may be very wrong).*
2) The triple bottom break at 213$, which will need a new buy signal to get invalidated...

POs may be soft targets but they tend to give a pretty good feeling on where the pressure is heavier regarding the trend.

*Also because the trendline held.
Apologies, the X column vertical count gives 673, which is IMO invalidated for good. The PO was based on an horizontal count.
What we get from an horizontal count in case of a new breakout is 330$, which is about at the second bearish resistance line too (334$) and it makes more sense!

So to sum up, until we have a new breakout, the PO is 102$ but as long as we hold the bullish trendline we can have this only in the back of our head...


So, is it here?
hero member
Activity: 611
Merit: 500
Anglo Saxon Crypto Enthusiast
October 30, 2015, 03:13:36 AM
I wonder in which currency BTC will be withdrawn after the dump?  Fiat, LTC, Doge, XRP?   Roll Eyes

That would be a personal preference, I'm afraid. In any case I'd like to diversify to an "unlinked" to BTC currency / or crypto. The obvious reason is to try and hold your buying capabilities right after the crash... Wink

I'd be a little nervous watching Bitcoin rise at the moment if I hadn't already diversified into a few alts.  Dogecoin, Litecoin and Dash have had nice boosts recently to see that they aren't being left behind.  Ripple (XRP) has had no such luck, I might buy a little more as it seems cheap, but after all this time I still don't get how their tokens are linked to the international settlements they are courting.

Otherwise I think there are just a few more hurdles before this whole thing takes off  Cheesy
legendary
Activity: 1498
Merit: 1000
October 30, 2015, 02:33:35 AM
This will go nuts above 385, let's see if it will break the 335-350 zone to test it.
legendary
Activity: 1498
Merit: 1000
October 29, 2015, 05:48:24 PM
I wonder in which currency BTC will be withdrawn after the dump?  Fiat, LTC, Doge, XRP?   Roll Eyes

That would be a personal preference, I'm afraid. In any case I'd like to diversify to an "unlinked" to BTC currency / or crypto. The obvious reason is to try and hold your buying capabilities right after the crash... Wink

This "unlinked" currency is Fiat and XRP. Almost 50% of XRP trade volume comes from fiat. So I agree with klee - fiat and XRP are real candidates.
Also DASH & XMR had strong rallies in a point that BTC was bleeding but there were some hack/theft/exit scam incidents too so it maybe not relevant.
hero member
Activity: 744
Merit: 500
October 29, 2015, 05:44:48 PM
I wonder in which currency BTC will be withdrawn after the dump?  Fiat, LTC, Doge, XRP?   Roll Eyes

That would be a personal preference, I'm afraid. In any case I'd like to diversify to an "unlinked" to BTC currency / or crypto. The obvious reason is to try and hold your buying capabilities right after the crash... Wink

This "unlinked" currency is Fiat and XRP. Almost 50% of XRP trade volume comes from fiat. So I agree with klee - fiat and XRP are real candidates.
legendary
Activity: 1484
Merit: 1002
Strange, yet attractive.
October 29, 2015, 05:37:15 PM
I wonder in which currency BTC will be withdrawn after the dump?  Fiat, LTC, Doge, XRP?   Roll Eyes

That would be a personal preference, I'm afraid. In any case I'd like to diversify to an "unlinked" to BTC currency / or crypto. The obvious reason is to try and hold your buying capabilities right after the crash... Wink
legendary
Activity: 1498
Merit: 1000
October 29, 2015, 05:36:35 PM
I wonder in which currency BTC will be withdrawn after the dump?  Fiat, LTC, Doge, XRP?   Roll Eyes
Fiat & XRP IMO (regarding XRP it happened in ALL BTC bubble pops so why not? Also, it is reaching all time lows...)
hero member
Activity: 744
Merit: 500
October 29, 2015, 05:35:07 PM
I wonder in which currency BTC will be withdrawn after the dump?  Fiat, LTC, Doge, XRP?   Roll Eyes
legendary
Activity: 1498
Merit: 1000
October 29, 2015, 04:52:04 PM
legendary
Activity: 1498
Merit: 1000
October 29, 2015, 04:09:07 PM
It's great to see some PnF Charts again, Klee! Smiley
Under construction:

http://www.crypt-xo.com/
legendary
Activity: 1473
Merit: 1086
October 29, 2015, 04:06:42 PM
It's great to see some PnF Charts again, Klee! Smiley
legendary
Activity: 1498
Merit: 1000
October 29, 2015, 03:26:19 PM
BITSTAMP 1d CLOSE 2%x3



BITSTAMP 1d CLOSE 3%x3





These are CLOSE charts, it may spike higher from the resistances (both bullish & bearish). Data are from yesterday's close price (305.67$).
legendary
Activity: 2002
Merit: 1040
October 29, 2015, 03:04:09 PM
Speaking of PnF, any chance of an update Klee?  Smiley  Still see 335-350?
Been insanely busy lately, apologies for disappearing from here.

There is strong resistance there IMO.

Last bearish resistance is 1d CLOSE 450$. This means that if we close more than 1d above 450 a new ATH is very likely.

Of course there are horizontal resistances (mainly 650-750 and 900-1150) but I think it will get insane beyond there.

But we have to go 325 first....

Thanks!
legendary
Activity: 1498
Merit: 1000
October 29, 2015, 03:03:36 PM
Speaking of PnF, any chance of an update Klee?  Smiley  Still see 335-350?
Been insanely busy lately, apologies for disappearing from here.

There is strong resistance there IMO.

Last bearish resistance is 1d CLOSE 450$. This means that if we close more than 1d above 450 a new ATH is very likely.

Of course there are horizontal resistances (mainly 650-750 and 900-1150) but I think it will get insane beyond there.

But we have to go 325 first....
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