looking to the MACD (4h chart) for the 3rd time today, the dump that happened before just strengthen the down trend, a fast recovery or shoot up is almost far away (the chart is saying that and not me) add to that the gox BS happening, and every day this will continue the gap will get bigger and the price will go lower.
my speculation out of this is that we will see a new since the $1163 top, it wont be strange ( in fact it is really possible) if we see a flash crash till 300, we will fast recover to 400 and stay between 400-450 for weeks... the next MACD cross over signal will take few days, and that cross is the one that will bring us back to 400-450 ?!!
Bulls, no need to attack me here, this is just my prediction and it is not a trading advice.
my speculation out of this is that we will see a new since the $1163 top, it wont be strange ( in fact it is really possible) if we see a flash crash till 300, we will fast recover to 400 and stay between 400-450 for weeks... the next MACD cross over signal will take few days, and that cross is the one that will bring us back to 400-450 ?!!
Bulls, no need to attack me here, this is just my prediction and it is not a trading advice.
I really want to go back this thread and quote your multiples offenses to Rpietila because he was saying something very similar to this you are saying right now. Cheers Bro!!!
I will copy them for you if you want!!? I didn't trash his predictions but I trashed his ego and each time he said you should listen to me because "I am a market mover" and "I am richer" and I smoke fancy expensive cigars... this is what I hated most about him, he had some pretty good calls, also some bad calls but I am a guy with no tolerance to that kind of behavior, instead of bragging about your wealth go help some people in need....
it is also possible that his ego stepped on my ego, nothing to be ashamed of, I have a really strong ego and for a moment I am aggressive when people step on it but then I sit down and I realize and I know that I did wrong, and I always come back and apologize for my mistakes, I am not ashamed to apologize, although I am ashamed that I cant control my ego sometimes, and I am working on it...
I have no hard feelings for risto anymore, he is the kind that I don't understand but hey, I don't know him personally anyways, nevertheless his technical opinion is valuable to me.
