PnF TA - page 5. | Bitcointalksearch.org

windjc

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Quote from: klee on December 09, 2016, 04:31:28 AM

See this horizontal green line at 26? It is the breakout price that acts as support - I am a buyer there!

Ok, I am confused, as your post says if it breaks 28 it "probably" goes to 15. So you must be buying 26 for a very short term bounce on the way to 15?

But, while I like these charts generally, I have first hand information regarding the fundamentals of this coin. 15k would be a price target for an extended bear run probably lasting months. And that just can not happen in my estimation.

klee

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See this horizontal green line at 26? It is the breakout price that acts as support - I am a buyer there!

EDIT: 29 has double support so it will be tough to break - it can happen though. So spread the bids at around 30 and 25 with ratios depending on your risk management.

klee

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Quote from: windjc on December 09, 2016, 04:21:26 AM

Quote from: klee on December 08, 2016, 09:27:44 AM

A bearish catapult (0.00028) will probably take us to 0.00015 area (meeting the Price Objective from the O reversal column, after the failed triple top break -bulltrap?)

I'll gladly put a side bet of up to 25 BTC that GAME is not going anywhere near 15k sats. It already went to 27kish. GAME continues to outperform every altcoin since its inception as was documented 3rd party this month. 15k sats would mean that there is someone or a group of someones that owns enough that are not long term holders that can dump it down. There simply aren't such people that exist. Furthermore, all of this would need to happen within the next week, before a list of more announcements are made. GAME is definitely a coin where you need to dig deep into the (gasp) fundamentals before understanding the charts.

Price Objective - http://stockcharts.com/school/doku.php?id=chart_school:chart_analysis:pnf_charts:pnf_vertical_count

It is not my estimation, the chart points there. Will it be met? I don't know.

My take is that we will retest 25 area.

EDIT: "Keep in mind that these Price Objectives are rough estimates based on P&F charting techniques. There is no guarantee that prices will reach the objective."

windjc

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Quote from: klee on December 08, 2016, 09:27:44 AM

A bearish catapult (0.00028) will probably take us to 0.00015 area (meeting the Price Objective from the O reversal column, after the failed triple top break -bulltrap?)

I'll gladly put a side bet of up to 25 BTC that GAME is not going anywhere near 15k sats. It already went to 27kish. GAME continues to outperform every altcoin since its inception as was documented 3rd party this month. 15k sats would mean that there is someone or a group of someones that owns enough that are not long term holders that can dump it down. There simply aren't such people that exist. Furthermore, all of this would need to happen within the next week, before a list of more announcements are made. GAME is definitely a coin where you need to dig deep into the (gasp) fundamentals before understanding the charts.

klee

legendary

Activity: 1498

Merit: 1000

Quote from: 600watt on December 09, 2016, 03:39:38 AM

^^ let´s buy all the zones!

Pyramid bids Cool

Just to clarify, I am not saying it will dump but if it does then we have the above support areas.

600watt

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^^ let´s buy all the zones!

klee

legendary

Activity: 1498

Merit: 1000

$BTC buy zones in case of a dump/selloff:

klee

legendary

Activity: 1498

Merit: 1000

A bearish catapult (0.00028) will probably take us to 0.00015 area (meeting the Price Objective from the O reversal column, after the failed triple top break -bulltrap?)

Meanwhile, BTC hit the 50% reversal (5386) from the recent spike at 5550 to the low at 5222 (okcoin).

So I expect at least 61.8-78.6% retrace.

klee

legendary

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Merit: 1000

klee

legendary

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Merit: 1000

Quote from: Kramerc on December 07, 2016, 02:51:44 AM

In my opinion, BTC-e is the most balanced exchange; never overextends on the panic dumps (usually indicating a real bottom to the other exchanges), never overextends on the rallies either (on the $500 spike it stopped at $459, only to make higher highs in the following days), and I find it very bullish that it is btc-e who managed to make HHs on this rally, alongside china.

We shall soon see, I guess.

Totally agree - if only TradingView supported Coindesk and/or Tradeblock indexes...

Kramerc

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In my opinion, BTC-e is the most balanced exchange; never overextends on the panic dumps (usually indicating a real bottom to the other exchanges), never overextends on the rallies either (on the $500 spike it stopped at $459, only to make higher highs in the following days), and I find it very bullish that it is btc-e who managed to make HHs on this rally, alongside china.

We shall soon see, I guess.

klee

legendary

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Merit: 1000