Topic: We need to pass $547 to see a REAL jump! - page 5. (Read 10642 times)
you should have stuck to your plan form OP...
I could be wrong...
I will only close my shorts if it go over $457 on bitfinex...
Adding more shorts as we go up to $450 .
I will only close my shorts if it go over $457 on bitfinex...
Adding more shorts as we go up to $450 .
I am shorting on bitfinex @529/530 closing all longs.
I think this is a fake break out..
Lets see..
I think this is a fake break out..
Lets see..
Keep on gambling, it makes the market liquid and in play
ahhhh, okkk..
Just watch the 1 day candle form.. (for today) On Huobi, Bitfinex and Bitstamp..
Like clock work..
thank you...
I am shorting on bitfinex @529/530 closing all longs.
I think this is a fake break out..
Lets see..
I think this is a fake break out..
Lets see..
Keep on gambling, it makes the market liquid and in play
I am shorting on bitfinex @529/530 closing all longs.
I think this is a fake break out..
Lets see..
I think this is a fake break out..
Lets see..
Look like we will be going to the following levels..
if there is a downturn ..
Huobi : 3048
Bitstamp : 495
Bitfinex : 494
If we can pass $547 then up, up, up.
Lets see..
if there is a downturn ..
Huobi : 3048
Bitstamp : 495
Bitfinex : 494
If we can pass $547 then up, up, up.
Lets see..
Which is exactly what I said. 50% retracement at most. So your going to try to skim short from 506 to 495? Sounds risky to me. Doubt you get the chance though.
Look like we will be going to the following levels..
if there is a downturn ..
Huobi : 3048
Bitstamp : 495
Bitfinex : 494
If we can pass $547 then up, up, up.
Lets see..
if there is a downturn ..
Huobi : 3048
Bitstamp : 495
Bitfinex : 494
If we can pass $547 then up, up, up.
Lets see..
Nothing bearish at all happening...
We are just still waiting for the test of $547 on Bitfinex with volume.
I didnt say it would be easy..
BUT if it can pass $547 USD on Bitfinex we will see SIGNIFICANT upwards movement..
I am still waiting ...
Picked up some shorts today as i saw it was weak..
Like I said before there are some good day trading in the $505 - $540's range.
I just do want to be caught short and it push through $547.. (that would suck,,,)
Lets see....
We are just still waiting for the test of $547 on Bitfinex with volume.
I didnt say it would be easy..
BUT if it can pass $547 USD on Bitfinex we will see SIGNIFICANT upwards movement..
I am still waiting ...
Picked up some shorts today as i saw it was weak..
Like I said before there are some good day trading in the $505 - $540's range.
I just do want to be caught short and it push through $547.. (that would suck,,,)
Lets see....
With all due respect, I think you are wrong. 506-507 is only a 38% retracement from the top of this rally from where it began. Not AT LEAST hitting that is very very bullish, especially since we shot right past $500 and "if this were a stock" we would be guaranteed to retouch such a significant #. We could retrace to $495 (around 50% retracement) and still be fine.
Go ahead, short 200 btc at $506. Let's see how that works out for you.
..........................................................................
You would be very surprised how well it will work for me...
I only trade on confirmations.
I am neither a long or short overall.
I am here to trade bitcoin only.
If I can short it for money i will if i can buy it for profit i will..
Lets see what happens..
If you check the pricemovement in 2014 you will see,that 547 $ was only at 16.April a resistance.
So I think it is not a very strong resistence since earlier in 2014 it has been several times a support
So I think it is not a very strong resistence since earlier in 2014 it has been several times a support
That's exactly why it's a strong resistance now. Support becomes resistance once broken, and strong support becomes strong resistance.
Nothing bearish at all happening...
We are just still waiting for the test of $547 on Bitfinex with volume.
I didnt say it would be easy..
BUT if it can pass $547 USD on Bitfinex we will see SIGNIFICANT upwards movement..
I am still waiting ...
Picked up some shorts today as i saw it was weak..
Like I said before there are some good day trading in the $505 - $540's range.
I just do want to be caught short and it push through $547.. (that would suck,,,)
Lets see....
We are just still waiting for the test of $547 on Bitfinex with volume.
I didnt say it would be easy..
BUT if it can pass $547 USD on Bitfinex we will see SIGNIFICANT upwards movement..
I am still waiting ...
Picked up some shorts today as i saw it was weak..
Like I said before there are some good day trading in the $505 - $540's range.
I just do want to be caught short and it push through $547.. (that would suck,,,)
Lets see....
With all due respect, I think you are wrong. 506-507 is only a 38% retracement from the top of this rally from where it began. Not AT LEAST hitting that is very very bullish, especially since we shot right past $500 and "if this were a stock" we would be guaranteed to retouch such a significant #. We could retrace to $495 (around 50% retracement) and still be fine.
Go ahead, short 200 btc at $506. Let's see how that works out for you.
Long-legged doji candles are deemed to be the most significant when they occur during a strong uptrend or downtrend. The long-legged doji suggests that the forces of supply and demand are nearing equilibrium and that a shift in the direction of the trend may be coming.
Quote
Well, to me it looks like a long-legged doji, therefore no clear signal. Does not need to be bearish.
we are not in a strong uptrend. compared to other BTC-uptrends this is a medium uptrendso the doji Comes not unexpected.
This medium sized Rally ist more unexpected since we hav no really a reason for it.
If you check the pricemovement in 2014 you will see,that 547 $ was only at 16.April a resistance.
So I think it is not a very strong resistence since earlier in 2014 it has been several times a support
So I think it is not a very strong resistence since earlier in 2014 it has been several times a support
Im just reading this thread but on the same day I noticed it was moving possibly breaking the downtrend. It pays to be quite sceptical though and I wrote down 533 as the point which needs to break and confirm as a floor before we can really be sure this isnt just another minor bounce.
My rough take just looking again now is that it has failed to break that point. However theres some hope so long as volume declines as the price does, it makes for a weak move.
4 hour chart I take as most significant as it fits global timezones and varied marketplaces, obviously China can dominate at times and for the moment volume has dropped. Ideally it would break 533 or 547 whichever and do so on greater volume then seen previously.
400 is my guess for a floor, as in dont break the ice kinda floor :p
My rough take just looking again now is that it has failed to break that point. However theres some hope so long as volume declines as the price does, it makes for a weak move.
4 hour chart I take as most significant as it fits global timezones and varied marketplaces, obviously China can dominate at times and for the moment volume has dropped. Ideally it would break 533 or 547 whichever and do so on greater volume then seen previously.
400 is my guess for a floor, as in dont break the ice kinda floor :p
I am buying here at $518.01
Lets see how it works out!??
(first part completed)
Next buys at :
$510
$505
and the most at $501
Hope they can all get filled. Dont want to chase this back up..
Lets see how it works out!??
(first part completed)
Next buys at :
$510
$505
and the most at $501
Hope they can all get filled. Dont want to chase this back up..
Don't see any reason to worry yet. A retracement to the low 500s was at least to be expected, 540-550 is a tough resistance area after all. Could form a nice handle from here to complete a bullish cup&handle pattern.
This doesn't look good... 
I hope this goes up and definitely doesn't go down to $507 area...
Lets see...
I hope this goes up and definitely doesn't go down to $507 area...
Lets see...
Well with bitcoin we never know, but this graphic doesnt looks good, hope we dont get below 500 again..
Long-legged doji candles are deemed to be the most significant when they occur during a strong uptrend or downtrend. The long-legged doji suggests that the forces of supply and demand are nearing equilibrium and that a shift in the direction of the trend may be coming.
Well, to me it looks like a long-legged doji, therefore no clear signal. Does not need to be bearish.
This doesn't look good...
I hope this goes up and definitely doesn't go down to $507 area...
Lets see...
I hope this goes up and definitely doesn't go down to $507 area...
Lets see...
Well, to me it looks like a long-legged doji, therefore no clear signal. Does not need to be bearish.
Agreed. Definitively a sign that I should go to bed now, when eyes see the right thing, but brains conclude the wrong thing. Goodnight from Europe.
If this was a blue chip stock I would be very , very confident in going short now.
BUT...
This is bitcoin and it is highly manipulated. I have to trade on major support and resistance levels.
If someone or a group of people want this to be $400 or $600 they will make that happen anyways..
Just the way it is at this point with a small marketcap, thinly traded item..
Have fun...
PS. watch the large asks and bids be removed every time that they are put up.. LOL
BUT...
This is bitcoin and it is highly manipulated. I have to trade on major support and resistance levels.
If someone or a group of people want this to be $400 or $600 they will make that happen anyways..
Just the way it is at this point with a small marketcap, thinly traded item..
Have fun...
PS. watch the large asks and bids be removed every time that they are put up.. LOL
Yes I would agree that the doji is a clear topping signal, though obviously one should be looking to other indications also that signal the reversal. Lot of negative divergence on the last two pushes up too.
Long-legged doji candles are deemed to be the most significant when they occur during a strong uptrend or downtrend. The long-legged doji suggests that the forces of supply and demand are nearing equilibrium and that a shift in the direction of the trend may be coming.
Well, to me it looks like a long-legged doji, therefore no clear signal. Does not need to be bearish.
This doesn't look good...
I hope this goes up and definitely doesn't go down to $507 area...
Lets see...
I hope this goes up and definitely doesn't go down to $507 area...
Lets see...
Well, to me it looks like a long-legged doji, therefore no clear signal. Does not need to be bearish.
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