Topic: PnF TA - page 86. (Read 190664 times)
Resistance is futile:
Quadruple top breakout? This would be really powerful...
Bitfinex LTCUSD HL:
Take notice how the price stopped exactly on the bearish resistance line (4.25)!!
PnF does not work....
Buy at 4.5, maybe sell at 3.5.
Bullish support 1.25-1.5, stoploss 0.75
If we break 4.5 next resistance 6.5-6.75
EDIT: Forgot to mention something very important - our buy signal (double top break) was at 2.5$. Damn, this is a certain way to lose your money, stay away people!!
Take notice how the price stopped exactly on the bearish resistance line (4.25)!!
PnF does not work....
Buy at 4.5, maybe sell at 3.5.
Bullish support 1.25-1.5, stoploss 0.75
If we break 4.5 next resistance 6.5-6.75
EDIT: Forgot to mention something very important - our buy signal (double top break) was at 2.5$. Damn, this is a certain way to lose your money, stay away people!!
Cleaned up the thread - apologies to macsga, Natalia_AnatolioPAMM and Wexlike..
It's alright, I'll be watching this space even though I don't believe in TA predictions. PnF looks promising though. One question: care about doing the same for a linked-alt? (ie: LTC). It would be nice to compare results.
Cheers.
Cleaned up the thread - apologies to macsga, Natalia_AnatolioPAMM and Wexlike..
It's alright, I'll be watching this space even though I don't believe in TA predictions. PnF looks promising though. One question: care about doing the same for a linked-alt? (ie: LTC). It would be nice to compare results.
Cheers.
Cleaned up the thread - apologies to macsga, Natalia_AnatolioPAMM and Wexlike..
Puerto Rico is way more important than Greece -
Sorry my Greece friends in this thread.
Care to elaborate why? Sorry my Greece friends in this thread.
Puerto Rico is way more important than Greece -
Sorry my Greece friends in this thread.
Sorry my Greece friends in this thread.
TA does not work in Bitcoin...
LOL... You don't really mean that, do you?
TA does not work in Bitcoin...
LOL... You don't really mean that, do you?
TA does not work in Bitcoin...
PnF keeps printing money for you:
What can cause a shakeout?
Maybe FBI auction or a deal between Greece and Troika:
https://twitter.com/paulmasonnews/status/615823478353227776
"Greece is considering a new offer from the institutions. Not clear if from Commission only or all 3. Critical issue will be SMP bonds"
It's not safe to hope for the best without preparing for the worst!
Maybe FBI auction or a deal between Greece and Troika:
https://twitter.com/paulmasonnews/status/615823478353227776
"Greece is considering a new offer from the institutions. Not clear if from Commission only or all 3. Critical issue will be SMP bonds"
It's not safe to hope for the best without preparing for the worst!
The late great Earl Blumenthal used to say that the first sell signal in an uptrend was really a buy signal..
Shakeout:
A stock forms two tops at a level but does not actually give a double top. This is followed by a double bottom to "shakeout" the weak holders of the stock. The action point to buy on the shakeout pattern is the first three box reversal up after the sell signal. The shakeout pattern is considered complete when the triple top is broken. This pattern must occur above the bullish support line to qualify. Overall a bullish pattern.
Not very possible scenario but why not?
It is scary how accurate this BULLISH resistance line is:
Intermediate support 242-248$, bullish support line 230-236$
Doom 228$
Intermediate support 242-248$, bullish support line 230-236$
Doom 228$
trading is so easy when we have a machine that predicts the future and you guys to translate its data 
thanks!
thanks! 
SAR 284$, triple top resistance 268 (272 to break it):
klee, your predication and speculations please for the crtical mean time.
SAR 284$, triple top resistance 268 (272 to break it):
Back to our 4x3 chart:
Bearish signal reversed:
klee, I would like to hear your opinion on the short term and medium term please.
What do you see and what are the obstacles ?
Above 350$ we have almost certainly IMHO a new ATH rally in the making..
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