BOUGHT A bitcoin at £330 ($538) 
i'm thinking down to test 490 support.
given my trade record, you probably made a really good move.
Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 26242. (Read 26713167 times)
August 20, 2014, 12:49:08 PM
i'm thinking down to test 490 support.
given my trade record, you probably made a really good move.
August 20, 2014, 12:48:02 PM
Monero took a head start +20% today...
Too bad that when you hear the noise you have been scammed already.
August 20, 2014, 12:45:15 PM
You don't even understand what a dead cat bounce is, yet you keep telling everyone they're all over the place.
He's not the only one here confusing a dead cat bounce with a bull trap ;-)
Looks like a common mistake.
Can I get a short description of the difference? Thanks
A dead bounce is a not sustainable recovery after a very sharp decline.
Bull and bear traps are all over the way:
August 20, 2014, 12:43:01 PM
Bull traps, bear traps, Spartans, chuck Norris, man I knew this thread would be interesting right now.
August 20, 2014, 12:42:44 PM
BOUGHT A bitcoin at £330 ($538)
i'm thinking down to test 490 support.
given my trade record, you probably made a really good move.
August 20, 2014, 12:42:34 PM
*sigh* Now I'm sad. Our contrarian indicator is going long at $511. That means if we hit it again we tank.
August 20, 2014, 12:40:44 PM
It´s a real bounce or a trap?
I am the riverboat gambler of the bunch... so here is what I am trading... a stop at 511. I figure if we break 511 then the shorts will back out and we'll pop to 530 and probably ease for a bit at 550 resistance.
Otherwise, sidelines.
August 20, 2014, 12:39:17 PM
BOUGHT A bitcoin at £330 ($538)
August 20, 2014, 12:36:48 PM
You don't even understand what a dead cat bounce is, yet you keep telling everyone they're all over the place.
He's not the only one here confusing a dead cat bounce with a bull trap ;-)
Looks like a common mistake.
All silly TA terms that are only truly identifiable after the fact. I'm still very sure the past drop is only a bear trap and the price will be at a new ATH within 12 months. Only time will prove me right (or wrong
).12 months, wow...that is really short term, could your prediction even get shorter ?
No, 12 months is already really short but that's because it's Bitcoin. For anything else my usual prediction period is 3-5 years out. (Yes I know you're sarcastic).
in 12 months I am almost sure that we will hit a new ATH, but most of traders want to know what will happen in the next couple of months.
ya for that you have come to the right place!
it goes something like this:
no one has a clue what happens in the short term... and long term is a best guess estimate given incomplete data at best
August 20, 2014, 12:33:42 PM
You don't even understand what a dead cat bounce is, yet you keep telling everyone they're all over the place.
He's not the only one here confusing a dead cat bounce with a bull trap ;-)
Looks like a common mistake.
All silly TA terms that are only truly identifiable after the fact. I'm still very sure the past drop is only a bear trap and the price will be at a new ATH within 12 months. Only time will prove me right (or wrong
).12 months, wow...that is really short term, could your prediction even get shorter ?
No, 12 months is already really short but that's because it's Bitcoin. For anything else my usual prediction period is 3-5 years out. (Yes I know you're sarcastic).
in 12 months I am almost sure that we will hit a new ATH, but most of traders want to know what will happen in the next couple of months.
August 20, 2014, 12:31:36 PM
You don't even understand what a dead cat bounce is, yet you keep telling everyone they're all over the place.
He's not the only one here confusing a dead cat bounce with a bull trap ;-)
Looks like a common mistake.
All silly TA terms that are only truly identifiable after the fact. I'm still very sure the past drop is only a bear trap and the price will be at a new ATH within 12 months. Only time will prove me right (or wrong
).12 months, wow...that is really short term, could your prediction even get shorter ?
No, 12 months is already really short but that's because it's Bitcoin. For anything else my usual prediction period is 3-5 years out. (Yes I know you're sarcastic).
August 20, 2014, 12:30:51 PM
It´s a real bounce or a trap?
The unfortunate fact... and this is why this has been so hard to trade... is that it's both. Don't try to guess. Either buy at a solid price and hodl OR wait for obvious momentum. 510 is a resistance point we hit up against so figure a leg down brings us to 490 or 470... we are getting a lot further from the danger zone, though.
Also, keep in mind that leverage is still down significantly.
August 20, 2014, 12:29:18 PM
It´s a real bounce or a trap?
its a bounce, crazy pump and dumper is probably trading back and forth, but he best be trading it up if he wants to keep doing it.
crazy train leaving station!
August 20, 2014, 12:28:08 PM
You don't even understand what a dead cat bounce is, yet you keep telling everyone they're all over the place.
He's not the only one here confusing a dead cat bounce with a bull trap ;-)
Looks like a common mistake.
All silly TA terms that are only truly identifiable after the fact. I'm still very sure the past drop is only a bear trap and the price will be at a new ATH within 12 months. Only time will prove me right (or wrong
).12 months, wow...that is really short term, could your prediction even get shorter ?
August 20, 2014, 12:27:43 PM
It´s a real bounce or a trap?
Depends whether you are trading with 20:1 leverage or not. If not, it is a real bounce.
August 20, 2014, 12:27:02 PM
Next monday (25th) all alt die and bitcoin will moon.
Monero took a head start +20% today... after not even decreasing too much during the whole ordeal
August 20, 2014, 12:25:22 PM
It´s a real bounce or a trap?
August 20, 2014, 12:22:31 PM
2days price rebound +9.29%
pro-tip: to get more traffic: put url tag around the images you post
August 20, 2014, 12:19:33 PM
I just saved bitcoin. Haven't sold any for 6 months but sold one at $490 today.
Caused a turn-around, up since then.
Caused a turn-around, up since then.
August 20, 2014, 12:18:45 PM
Look at the LTC hogs going up like crazy in a down market. I swear, I think that there is leverage at play and they are going to get slaughtered on the next dip.
On the other hand, and I mention it here for this reason, it could be a sign that we are about to get a bounce on the markets. China's LTC market often times gets a jolt right before the BTC market moves.
I also feel something is in the air.On the other hand, and I mention it here for this reason, it could be a sign that we are about to get a bounce on the markets. China's LTC market often times gets a jolt right before the BTC market moves.
Alts are behaving strange.
Yesterday I did some TA and came to a shocking conclusion.
Next monday (25th) all alt die and bitcoin will moon.
I hashed my prediction into a bitcoin address and sent some satoshis to it for future reference.
I also did put my money where my mouth is.
Just wait and see.... and otherwise,.. down with the ship.
In case you want to point to your prediction later and "be right", you'd need to publish the hash, not send coins to it
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