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Topic: PnF TA - page 46. (Read 190664 times)

legendary
Activity: 1498
Merit: 1000
October 05, 2015, 03:56:05 PM
XMR is bleeding (again). I told my subscribers not to even think opening long at 17.5-18 area.

Better wait for an RSI divergence (4h and/or 1d). Also, nice entry point would be the 1w RSI (=<30) area...

Oh, really?  Were not you calling to accumulate XMR some days ago?

https://bitcointalksearch.org/topic/m.12561252
If you were a subscriber you would get more info (like where to put a stoploss).

Wink

EDIT: We always risk at support with alts, check NXT now, it is the same. If the market gives a sell signal (double/triple bottom break etc) then you sell in the bounce...

EDIT2: Also, your malignant comment does not mention the other 3/4 successes (XRP, ETH, BTS). Are you blind or something?   Cheesy

XRP? The currency which is falling since 30th of Sept when you called for accumulation? Cheesy
XRPUSD 0.005$ is accumulation zone, if you can't see this I can do nothing to help you...


This is where I disagree. XRP could go up and down etc, but the fact that it is fundamentally a huge premise BS coin is why I would never tell anyone to buy it.


Fundamentals? Again?
Come on guys, I am talking about Support/Resistance in charts here!

This is a buy now with a stop if we close below 0.0045$

XRPBTC stop is closing below 200K satoshi.

Also, from a fundamental PoV (oh dear, I hate this kind of speculation), Ripple Labs is a company - chances are XRP will never drop to zero. Meanwhile XT fork may....
legendary
Activity: 2492
Merit: 1473
LEALANA Bitcoin Grim Reaper
October 05, 2015, 03:39:52 PM
XMR is bleeding (again). I told my subscribers not to even think opening long at 17.5-18 area.

Better wait for an RSI divergence (4h and/or 1d). Also, nice entry point would be the 1w RSI (=<30) area...

Oh, really?  Were not you calling to accumulate XMR some days ago?

https://bitcointalksearch.org/topic/m.12561252
If you were a subscriber you would get more info (like where to put a stoploss).

Wink

EDIT: We always risk at support with alts, check NXT now, it is the same. If the market gives a sell signal (double/triple bottom break etc) then you sell in the bounce...

EDIT2: Also, your malignant comment does not mention the other 3/4 successes (XRP, ETH, BTS). Are you blind or something?   Cheesy

XRP? The currency which is falling since 30th of Sept when you called for accumulation? Cheesy
XRPUSD 0.005$ is accumulation zone, if you can't see this I can do nothing to help you...


This is where I disagree. XRP could go up and down etc, but the fact that it is fundamentally a huge premise BS coin is why I would never tell anyone to buy it.

legendary
Activity: 2492
Merit: 1473
LEALANA Bitcoin Grim Reaper
October 05, 2015, 03:37:54 PM
XMR is bleeding (again). I told my subscribers not to even think opening long at 17.5-18 area.

Better wait for an RSI divergence (4h and/or 1d). Also, nice entry point would be the 1w RSI (=<30) area...

This is probably a good idea given if bitcoin rallies there is good chance all other cryptos will fall in terms of bitcoin.

legendary
Activity: 1498
Merit: 1000
October 05, 2015, 11:39:31 AM
BBR 1d CLOSE 3%x3 added
BBR 1d CLOSE 2%x3 added
BBR 1d CLOSE 1%x3 added

BTS_1d_CLOSE_1%x3 added
BTS_1d_CLOSE_3%x3 updated
BTS_1d_CLOSE_2%x3 updated

ETH_1d_CLOSE_1%x3 added
ETH_1d_CLOSE_2%x3 added
ETH_1d_CLOSE_3%x3 updated

More to come...
legendary
Activity: 1498
Merit: 1000
October 05, 2015, 05:19:33 AM
I am 100% sure you were one of the sheep buying BTC at 239+, right on the whales distribution zone...

legendary
Activity: 1498
Merit: 1000
October 05, 2015, 05:13:18 AM
XMR is bleeding (again). I told my subscribers not to even think opening long at 17.5-18 area.

Better wait for an RSI divergence (4h and/or 1d). Also, nice entry point would be the 1w RSI (=<30) area...

Oh, really?  Were not you calling to accumulate XMR some days ago?

https://bitcointalksearch.org/topic/m.12561252
If you were a subscriber you would get more info (like where to put a stoploss).

Wink

EDIT: We always risk at support with alts, check NXT now, it is the same. If the market gives a sell signal (double/triple bottom break etc) then you sell in the bounce...

EDIT2: Also, your malignant comment does not mention the other 3/4 successes (XRP, ETH, BTS). Are you blind or something?   Cheesy

XRP? The currency which is falling since 30th of Sept when you called for accumulation? Cheesy
XRPUSD 0.005$ is accumulation zone, if you can't see this I can do nothing to help you...

Try this: https://www.ripplecharts.com/#/markets/XRP/USD:rMwjYedjc7qqtKYVLiAccJSmCwih4LnE2q

legendary
Activity: 1498
Merit: 1000
October 05, 2015, 05:11:55 AM
XMR is bleeding (again). I told my subscribers not to even think opening long at 17.5-18 area.

Better wait for an RSI divergence (4h and/or 1d). Also, nice entry point would be the 1w RSI (=<30) area...

Oh, really?  Were not you calling to accumulate XMR some days ago?

https://bitcointalksearch.org/topic/m.12561252
If you were a subscriber you would get more info (like where to put a stoploss).

Wink

EDIT: We always risk at support with alts, check NXT now, it is the same. If the market gives a sell signal (double/triple bottom break etc) then you sell in the bounce...

EDIT2: Also, your malignant comment does not mention the other 3/4 successes (XRP, ETH, BTS). Are you blind or something?   Cheesy

XRP? The currency which is falling since 30th of Sept when you called for accumulation? Cheesy
XRPUSD 0.005$ is accumulation zone, if you can't see this I can do nothing to help you...
hero member
Activity: 744
Merit: 500
October 05, 2015, 05:00:35 AM
XMR is bleeding (again). I told my subscribers not to even think opening long at 17.5-18 area.

Better wait for an RSI divergence (4h and/or 1d). Also, nice entry point would be the 1w RSI (=<30) area...

Oh, really?  Were not you calling to accumulate XMR some days ago?

https://bitcointalksearch.org/topic/m.12561252
If you were a subscriber you would get more info (like where to put a stoploss).

Wink

EDIT: We always risk at support with alts, check NXT now, it is the same. If the market gives a sell signal (double/triple bottom break etc) then you sell in the bounce...

EDIT2: Also, your malignant comment does not mention the other 3/4 successes (XRP, ETH, BTS). Are you blind or something?   Cheesy

XRP? The currency which is falling since 30th of Sept when you called for accumulation? Cheesy
legendary
Activity: 1498
Merit: 1000
October 05, 2015, 04:46:13 AM
XMR is bleeding (again). I told my subscribers not to even think opening long at 17.5-18 area.

Better wait for an RSI divergence (4h and/or 1d). Also, nice entry point would be the 1w RSI (=<30) area...

Oh, really?  Were not you calling to accumulate XMR some days ago?

https://bitcointalksearch.org/topic/m.12561252
If you were a subscriber you would get more info (like where to put a stoploss).

Wink

EDIT: We always risk at support with alts, check NXT now, it is the same. If the market gives a sell signal (double/triple bottom break etc) then you sell in the bounce...

EDIT2: Also, your malignant comment does not mention the other 3/4 successes (XRP, ETH, BTS). Are you blind or something?   Cheesy
hero member
Activity: 744
Merit: 500
October 05, 2015, 04:31:23 AM
XMR is bleeding (again). I told my subscribers not to even think opening long at 17.5-18 area.

Better wait for an RSI divergence (4h and/or 1d). Also, nice entry point would be the 1w RSI (=<30) area...

Oh, really?  Were not you calling to accumulate XMR some days ago?

https://bitcointalksearch.org/topic/m.12561252
legendary
Activity: 1498
Merit: 1000
October 05, 2015, 03:36:03 AM
legendary
Activity: 1498
Merit: 1000
October 05, 2015, 03:10:39 AM
Awesome, yes! I was reading somewhere (can't recall) about a phenomenon that if you ask many random people about eg the height of a coca-cola bottle, you will get a bell curve with the peak being the correct answer. Or something like that scenario, not 100% sure!

legendary
Activity: 1260
Merit: 1002
October 05, 2015, 02:57:47 AM
legendary
Activity: 1498
Merit: 1000
October 05, 2015, 02:47:13 AM
XMR is bleeding (again). I told my subscribers not to even think opening long at 17.5-18 area.

Better wait for an RSI divergence (4h and/or 1d). Also, nice entry point would be the 1w RSI (=<30) area...
legendary
Activity: 1498
Merit: 1000
October 04, 2015, 01:51:50 AM
Looks as if the whales managed to offload as much as they wanted at 240...
legendary
Activity: 1498
Merit: 1000
October 03, 2015, 03:44:19 AM
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...

Also, the horizontal bearish count is 179.2$.
legendary
Activity: 1498
Merit: 1000
October 03, 2015, 03:41:59 AM
Mind you that the PO of the below long term chart for the upside maybe 350$ 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...
legendary
Activity: 1498
Merit: 1000
October 03, 2015, 03:28:42 AM
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.
legendary
Activity: 1498
Merit: 1000
October 03, 2015, 03:09:10 AM
If this chart as is now reverses at 238 it is going to be bearish (fulcrum).
237236 channel is broken, 236235 sell signal.

So be alert, it can go both ways and it will be probably violent either way...

wouldnt be that dramatic. imho still just $10 range sideways.

altho i'd love to see it fall since i got some nice bids set up.
Big discussion for a Saturday morning (here)!

Meanwhile, the following chart help us see what is going on regarding accumulation/distribution (power of the 1 reversal P&F charts):

BTCUSD 2h CLOSE 1x1



Of course that does not mean we are doomed not to break to the upside, but so far distribution is bigger than accumulation in the 239 area.
legendary
Activity: 1260
Merit: 1002
October 02, 2015, 07:07:07 PM
If this chart as is now reverses at 238 it is going to be bearish (fulcrum).
237236 channel is broken, 236235 sell signal.

So be alert, it can go both ways and it will be probably violent either way...

wouldnt be that dramatic. imho still just $10 range sideways.

altho i'd love to see it fall since i got some nice bids set up.
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