http://education.investors.com/investors-corner/430830-beware-of-low-volume-at-the-breakout.htm
Look for volume that's at least 50% above average.
Especially in downtrends
Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 27636. (Read 26712678 times)
May 23, 2014, 11:56:18 AM
May 23, 2014, 11:55:32 AM
dogecoin
May 23, 2014, 11:54:09 AM
Breakout needs volume, or its not a breakout.
Because the exchange situation is particularly precarious, perhaps the volume is not in the exchanges.
Also, the downtrend was unusually long, so the sellers were thoroughly exhausted as a result. In the beginning of the breakout, the advancing armies of the buyers meet no resistance, but the breakout is nevertheless real for the reason that ground is taken (although no hostages).
May 23, 2014, 11:53:50 AM
Breakout needs volume, or its not a breakout.
Some of the buying is likely off the exchanges.
May 23, 2014, 11:53:16 AM
start panicking
3
3
May 23, 2014, 11:51:41 AM
Fibonacci say..
Don't panic.
Don't panic.
507 1st retracement
494 50% retracement
481 2nd retracement.
I would be inclined to buy back at 1st retracement this time (if I was selling which I wasn't).
If 481 is breached, then the breakout is questionable.
23.6% is good but i prefer 76% u will always find a better entry if u have patience.
May 23, 2014, 11:50:20 AM
Breakout needs volume, or its not a breakout.
May 23, 2014, 11:48:37 AM
don't rush it!
4
4
May 23, 2014, 11:47:33 AM
Fibonacci say..
Don't panic.
Don't panic.
507 1st retracement
494 50% retracement
481 2nd retracement.
I would be inclined to buy back at 1st retracement this time (if I was selling which I wasn't).
If 481 is breached, then the breakout is questionable.
May 23, 2014, 11:47:17 AM
Infinaty times zero is still zero. 
Well, that is not quite true.
"infinity" is not a number as such. It's a class of equivalence (of all the bijectives sets alike).
To be allowed to use this, you must define what kind of infinity you are talking about,
for example you'd say "infinity" = "limit of the function f(x)=1/x with x->0"
And then, your "0" may well be a différent kind of "0" like "limit of the function g(x)=x with x->0"
That is, "0" * "infinity" in such case = 1 for whatever x.
You Sir, get 5 Gold Stars!!
May 23, 2014, 11:47:01 AM
3
May 23, 2014, 11:46:35 AM
4
May 23, 2014, 11:45:27 AM
Moon in
5
5
Minutes, hours, days, weeks, months, years?
May 23, 2014, 11:44:02 AM
Moon in
5
5
May 23, 2014, 11:42:06 AM
Mooon, MOOOOOOOOOON.
Repeat y'all.
Repeat y'all.
May 23, 2014, 11:40:45 AM
May 23, 2014, 11:37:09 AM
Fibonacci say..
Don't panic.
Don't panic.
May 23, 2014, 11:34:29 AM
Above 510-515: no worries at all.
Below that? First real set-back after the breakout, but still nothing to worry about until we go below 500. In that case, we might start retesting the entire gains made so far.
May 23, 2014, 11:32:38 AM
once this fool is done we're heading for 600
you ready?
its happening now.
you ready?
its happening now.
I'm so fecking ready. I been standing at this station for 5 months.
May 23, 2014, 11:30:10 AM
once this fool is done we're heading for 600
you ready?
its happening now.
you ready?
its happening now.
Holders are always ready.
Bring it on!!! Jump to: