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Topic: We have hit the bottom BUY. BUY ,BUY!!!111 - page 2. (Read 3470 times)

newbie
Activity: 28
Merit: 0
September 09, 2011, 12:27:48 PM
#14
Just snatched me up another 100 btc at $4.80
legendary
Activity: 1820
Merit: 1000
September 09, 2011, 12:25:45 PM
#13
I don't have access to good charting software for bitcoin, so I can't speak for the particular trendline the OP has drawn, but IMO trendlines in general are a very useful analytical tool for trading. People who trash technical analysis usually don't understand it, or how to use it as a tool for trading.
legendary
Activity: 2492
Merit: 1473
LEALANA Bitcoin Grim Reaper
September 09, 2011, 12:25:26 PM
#12
So basically you drew a line that touches the bottom points and call it significant?
I did

Only time can prove me wrong *lalalala*

No forex trader or stock trader ever uses a log chart to determine trend. Not sure what historical data your method is based on.
legendary
Activity: 1666
Merit: 1057
Marketing manager - GO MP
September 09, 2011, 12:21:42 PM
#11
So basically you drew a line that touches the bottom points and call it significant?
I did

Only time can prove me wrong *lalalala*
full member
Activity: 126
Merit: 100
September 09, 2011, 12:19:11 PM
#10
So basically you drew a line that touches the bottom points and call it significant?
legendary
Activity: 1666
Merit: 1057
Marketing manager - GO MP
September 09, 2011, 12:14:01 PM
#9


It is following the trend perfectly, now is the time to get in.
If it drops below $4 today then we'll be outside of the green lines. Then will you shut up?
The trendline has to interpreted as 86%-121% (fibonacci crap)

I will def, shut up if we reach $3.
legendary
Activity: 1666
Merit: 1057
Marketing manager - GO MP
September 09, 2011, 12:06:52 PM
#8
One can only wonder what will happen if that trend is broken.
I guess we'll find out soon
lol
full member
Activity: 210
Merit: 100
September 09, 2011, 12:05:53 PM
#7
One can only wonder what will happen if that trend is broken.

He'll redraw a trend line.  Careful, he puts anyone on ignore who proves him wrong.
legendary
Activity: 2492
Merit: 1473
LEALANA Bitcoin Grim Reaper
September 09, 2011, 12:05:32 PM
#6


It is following the trend perfectly, now is the time to get in.
If it drops below $4 today then we'll be outside of the green lines. Then will you shut up?

Yeah will you? Log chart means nothing...
zby
legendary
Activity: 1592
Merit: 1001
September 09, 2011, 12:05:11 PM
#5
One can only wonder what will happen if that trend is broken.
newbie
Activity: 28
Merit: 0
September 09, 2011, 12:04:50 PM
#4
http://img4.imageshack.us/img4/8804/chartlargelog.png

It is following the trend perfectly, now is the time to get in.
If it drops below $4 today then we'll be outside of the green lines. Then will you shut up?
legendary
Activity: 2212
Merit: 1008
September 09, 2011, 12:03:28 PM
#3
check sig.
full member
Activity: 210
Merit: 100
September 09, 2011, 12:03:19 PM
#2
It keeps falling.
legendary
Activity: 1666
Merit: 1057
Marketing manager - GO MP
September 09, 2011, 12:01:24 PM
#1


It is following the trend perfectly, now is the time to get in.
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