Some draft ETH & XMR P&F action here:
https://docs.google.com/spreadsheets/d/1PTYtkbVDZUSDWx9tGhR_FmfX_Rovqa_sx3hs7Nl6kYQ/edit?usp=sharing
Topic: PnF TA - page 58. (Read 190669 times)
Klee, so $200 will not be tested again, in other words, no more dips ?
I don't know, still overall trend is bearish. It may fall back to 200 if it fails somewhere between 240-285.Bullish above 285.
Klee, so $200 will not be tested again, in other words, no more dips ?
There is also the 242-244 resistance but I think it will be violated in the 2$ box HL.
In the 4$ box resistance is 244-248:
In the 4$ box resistance is 244-248:
Next stop 254-258:
Or epic fail here (unlikely).
Or epic fail here (unlikely).
All the way up to $6 ?Based on what did you make this decision?
All the way up to $6 ?Based on what did you make this decision?
Bought LTC at 3$ - plan is to double at 6$. Cross fingers...
I will be travelling and busy settling back at my base until Monday, so pardon my absence here and/or slow PM responses...
So we are going down now?
Not necessarily - we may breakout above resistance (234) - I see it strong so I don't think shorting here is wise, better to wait for 234 to go long up to 245-260 area. 
229 @ bitfinex
So we are going down now?
As predicted by our 2$ box chart, BTC found resistance at 228:
Did not manage to short it because of the BFX issues. I am still traped there so until I go I am looking at BFX charts too.
Did not manage to short it because of the BFX issues. I am still traped there so until I go I am looking at BFX charts too.
interesting double top signals now on finex BTCUSD,2,3, HL as well as finex BTCUSD,4,3, HL - I would be careful.
a subjective question is on box size as well as the parametrization of close or high low - do we have enough quality here to discuss this open minded?
I think HL is the better parameter for cryptos - but I am not sure on the high part of it.
What timeframe? I see nothing on 1d* a subjective question is on box size as well as the parametrization of close or high low - do we have enough quality here to discuss this open minded?
I think HL is the better parameter for cryptos - but I am not sure on the high part of it.
For BTC, HL is preferable for medium/short term traders. CLOSE better for long term traders and/or investors. CLOSE is very useful for riciculously high volatility (as in BFX recently) and to have it always open for seeing a better view of the trend (HL may be on Os while CLOSE still on X column).
In alts I prefer CLOSE and 2% log scale because of the insane volatility.
PM me your skype...
*In 2 box HL, double top breakout is 234, 4 box 256...
timeframe was 1 hour - do you have a reason for chosing a day as a timeframe?
pmed you
interesting double top signals now on finex BTCUSD,2,3, HL as well as finex BTCUSD,4,3, HL - I would be careful.
a subjective question is on box size as well as the parametrization of close or high low - do we have enough quality here to discuss this open minded?
I think HL is the better parameter for cryptos - but I am not sure on the high part of it.
What timeframe? I see nothing on 1d* a subjective question is on box size as well as the parametrization of close or high low - do we have enough quality here to discuss this open minded?
I think HL is the better parameter for cryptos - but I am not sure on the high part of it.
For BTC, HL is preferable for medium/short term traders. CLOSE better for long term traders and/or investors. CLOSE is very useful for riciculously high volatility (as in BFX recently) and to have it always open for seeing a better view of the trend (HL may be on Os while CLOSE still on X column).
In alts I prefer CLOSE and 2% log scale because of the insane volatility.
PM me your skype...
*In 2 box HL, double top breakout is 234, 4 box 256...
timeframe was 1 hour - do you have a reason for chosing a day as a timeframe?
pmed you
interesting double top signals now on finex BTCUSD,2,3, HL as well as finex BTCUSD,4,3, HL - I would be careful.
a subjective question is on box size as well as the parametrization of close or high low - do we have enough quality here to discuss this open minded?
I think HL is the better parameter for cryptos - but I am not sure on the high part of it.
What timeframe? I see nothing on 1d* a subjective question is on box size as well as the parametrization of close or high low - do we have enough quality here to discuss this open minded?
I think HL is the better parameter for cryptos - but I am not sure on the high part of it.
For BTC, HL is preferable for medium/short term traders. CLOSE better for long term traders and/or investors. CLOSE is very useful for riciculously high volatility (as in BFX recently) and to have it always open for seeing a better view of the trend (HL may be on Os while CLOSE still on X column).
In alts I prefer CLOSE and 2% log scale because of the insane volatility.
PM me your skype...
*In 2 box HL, double top breakout is 234, 4 box 256...
I for one am really uneasy about the price right now, I feel like its a good buy opportunity, the best buy opportunity in a while actually, but at the same time I'm not sure there is enough buy support to even hold $200. I wonder if we break $200, it could be another long fall from there. Or, if some strong buying happens, we could be in for a run up. I feel like we're right on the edge and could go wither way.
So why would now be a good buy, and what reasons (actual reasons, not just "because were going to the moon") are there for the price to stabilize and continue upward?
IMO don't try to catch a falling knife, especially as the XT vs Core drama is not over.So why would now be a good buy, and what reasons (actual reasons, not just "because were going to the moon") are there for the price to stabilize and continue upward?
That said, a buy from 125 down to 50 is a very good buy because there will be almost certainly a bounce at least to 150. Especially if the drama is over (which of course will make it almost impossible to fall below 100$ and probably will send us above 240s).
If the drama is over, above 235 is a certain buy.
With or without drama, all in above 285.
Just don't be greedy to trade the 160-235 chop. Wait patiently for better opportunity.
Good choice is a short between 228-232 with a stop at 234.
I sold off what I had today just before the spike in the last hour. Don't regret it yet, I feel a crash is more likely right now. If this doesn't happen in the next few weeks, I'll keep these figures in mind so I don't get left behind before a major rally.
I think we will go up to 230-235 and then fall back in the 202-205 area. Then a W formation and a breakout above 235.
interesting double top signals now on finex BTCUSD,2,3, HL as well as finex BTCUSD,4,3, HL - I would be careful.
a subjective question is on box size as well as the parametrization of close or high low - do we have enough quality here to discuss this open minded?
I think HL is the better parameter for cryptos - but I am not sure on the high part of it.
a subjective question is on box size as well as the parametrization of close or high low - do we have enough quality here to discuss this open minded?
I think HL is the better parameter for cryptos - but I am not sure on the high part of it.
Maybe we will close 200-204:
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