Topic: PnF TA - page 64. (Read 190664 times)
Flashcrash with little volume, I am not convinced. Still in fiat. It hurts to see bitcoin like this.
FOMOBXT
Fear of Missing Out BitcoinXT will happen soon.
Fear of Missing Out BitcoinXT will happen soon.
Bitstamp will give better analysis but too tired to do that now...
Jesus f@ckin Christ!
Just woke up.
Thank God I had cancelled my bid!
Holy shit....
Just woke up.
Thank God I had cancelled my bid!
Holy shit....
Yeah unfortunately I got burned on the second rally to 315 scenario by going long again. Then I didn't go short once it started dropping hoping you would be wrong again but this time you were right :p fml some times hahahaha
A lot of the times dumps have been around the daily candle close in the past few weeks, this has also been mentioned by a lot of people in the Tradingview chat, feels really manipulative.
This ofcourse influences indicators and P&F a lot.
What do you think about this klee?
Cheers!
Manipulation happens always both ways and usually wins the whale(s) following the general trend. This ofcourse influences indicators and P&F a lot.
What do you think about this klee?
Cheers!
Probably the bull whale at Finex got margin called or closed positions and bought back lower to compensate for his losses.
It was very stupid from him to fight the market anyway....
A lot of the times dumps have been around the daily candle close in the past few weeks, this has also been mentioned by a lot of people in the Tradingview chat, feels really manipulative.
This ofcourse influences indicators and P&F a lot.
What do you think about this klee?
Cheers!
This ofcourse influences indicators and P&F a lot.
What do you think about this klee?
Cheers!
I would strongly advise anyone to avoid taking any positions until this is resolved. It only takes 1 mad whale to screw people hard (either way) and we are clearly entering an escalation phase now.
Better try making money with ETH or XMR. LTC is dangerous too, I will wait for a very strong signal in order to enter a trade...
Take care everyone.
...
so sub 100$ it is?
Probably not yet...
Or maybe 315 -> 125 -> 240 -> 75 -> 145
so sub 100$ it is?
Probably not yet...
hum yea i knew that, but i meant, going sub $100 short/mid term is plausible according to your catapult analysis?
Yes, the setup is super bearish...
ATR double bottomed 175$
Resistance 285-300, support 185-200.
Resistance 285-300, support 185-200.
CLOSE support 200-204:
...
so sub 100$ it is?
Probably not yet...
Or maybe 315 -> 125 -> 240 -> 75 -> 145
so sub 100$ it is?
Probably not yet...
hum yea i knew that, but i meant, going sub $100 short/mid term is plausible according to your catapult analysis?
Catapult ended:
'Support' 168-172, though the box size changes below 200, so take this with a grain of salt. TA anyways is pretty much useless for the next hours...
Long term:
Or maybe 315 -> 125 -> 240 -> 75 -> 145
so sub 100$ it is?
Probably not yet...
What's your 1 month prognosis klee?
125-240 range chop
'Support' 168-172, though the box size changes below 200, so take this with a grain of salt. TA anyways is pretty much useless for the next hours...
Well, it might be a mistake - but I am out of BTC and in fiat. Looking at the chart(also your PnF charts), I don't see a convincing bottom. (yet)
Long term:
315 -> 125 -> 215 -> 75 -> 145
Or maybe 315 -> 125 -> 240 -> 75 -> 145
so sub 100$ it is?
Jesus f@ckin Christ!
Just woke up.
Thank God I had cancelled my bid!
Holy shit....
Just woke up.
Thank God I had cancelled my bid!
Holy shit....
What's your 1 month prognosis klee?
Well, it might be a mistake - but I am out of BTC and in fiat. Looking at the chart(also your PnF charts), I don't see a convincing bottom. (yet)
Long term:
315 -> 125 -> 215 -> 75 -> 145
Or maybe 315 -> 125 -> 240 -> 75 -> 145
so sub 100$ it is?
Jesus f@ckin Christ!
Just woke up.
Thank God I had cancelled my bid!
Holy shit....
Just woke up.
Thank God I had cancelled my bid!
Holy shit....
Yeah unfortunately I got burned on the second rally to 315 scenario by going long again. Then I didn't go short once it started dropping hoping you would be wrong again but this time you were right :p fml some times hahahaha
Jesus f@ckin Christ!
Just woke up.
Thank God I had cancelled my bid!
Holy shit....
Just woke up.
Thank God I had cancelled my bid!
Holy shit....
What's your 1 month prognosis klee?
Jesus f@ckin Christ!
Just woke up.
Thank God I had cancelled my bid!
Holy shit....
Just woke up.
Thank God I had cancelled my bid!
Holy shit....
What went wrong there?
He was pimping Monero for a long time and had (has?) a huge stake in it. Last I saw he was working on Cryptokingdom, an RPG with a built in altcoin. It just annoys me seeing smart and charismatic people use their talent to take money from the gullible, but I suppose the world works like that on many levels--they should just be run for office and be done with it
Just remember he is my friend and I was arguing with him all the way down from $700 or so, asking him to please stop hand holding newbies and that he would be wrong about the price direction over the near-term. He is doing his own thing with Crypto Kingdom now and apparently a $500,000 market cap already for a game even with a declining Monero price, so perhaps that is an accomplishment (I dunno because I am not studying it).
We are clearly in a crash mode still for BTC. Yes it could rally back up to $325 near-term, but no later than Spring 2016 the price will go below $150 again.
I sold all BTC to fiat at $315. I have not repurchased.
If he invests in my coin, I will plead with him to offer words of support, but not too strongly lead people. Simply state his reasons for supporting it and also make sure he explains it is only a very small % of his portfolio, so users should not be risking what they can't afford to lose. As for a governance role for him, I'll let the others in the community decide.
Monero has been caught in this downtrend since the peak in late 2013. And unfortunately for Monero my coin will likely be superior to it, and hopefully released before the next upwave in crypto (if implementation gets done). I don't wish poor results on Monero. Hopefully it will also get an updraft in buying along with all coins after Spring 2016.
I really don't get why people are selling when they should actually buy like mad. If you buy before fork, you will have bitcoins in two forks so no matter which one (or both) will be continued, you have bitcoins in both forks so you are safe. And in the opposite, when you sell, then you will have to decide which fork to buy in later ... Twisted logic huh?
If you have 100btc at 250$ your portfolio is 25K usdIf you have 2x100 btc in two chains you would have 50k usd! Not possible.
You have to go at least /2
So at least 250/2 per btc...
You don't get it. By buying before fork you are betting that one of them will succeed. And you have the same amount of shares in both of them which means you always win no matter what. If you sell, you are losing both and will have to guess later which one will win.
Please reread what i typed. I didn't say anything about double spend or that you will be 2 times richer. I said that no matter which fork will win, you will have it's shares and don't have to guess which one will it be. And if new fork for example will retain it's value and old one will still be mined because some people will want to, then you will be able to sell your bitcoins from old fork if someone will pay for them doh. It's so hard to get it?
).If you don't sell now you will end up having coins in both chains at about the same value total in USD.
So better to sell now and double your coins in the winning chain.
Hope I made it more clear!
What makes you think both chains would have the same value?
If they are valued equally, which is the winner??
So if today marketcap is 4bn, in order not to end up with 8bn marketcap, it will fall at least to 2bn.
It is creepy how the big support at 130$ (previous breakout for the last bubble ATH) is 260/2. 260 is where the last XT code was released.
Bid 248, stop 246.7
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