Topic: Yet another analyst :) - page 116. (Read 269580 times)
Some small H&S for you
Actually that tripple zigzag EW count looks not valid anymore. I will remove that. It is from my old count.
However wedge still keeps okay as mid-15 tanks.
We are at heavy overbought conditions now. d/ADX shows top, d/SS and d/RSI-W are the same as were at old 1540 top.
However wedge still keeps okay as mid-15 tanks.
We are at heavy overbought conditions now. d/ADX shows top, d/SS and d/RSI-W are the same as were at old 1540 top.
And looks like wedge really valid still, and RSI confirms that.
So.. Bubble or collapse? Make your bets gentleman
So.. Bubble or collapse? Make your bets gentleman
That Y is not very well in line.
I don't think that TA is viable in such young and growing bitcoin market. Maybe it will when we have couple of billions market cap. But not at the stage when single person can shake the market.
this is a strong argument but each time I try to agree the "fact" that a single person can crash/rally the market I remember when steve ballmer crashed the tech market by saying on a interview that the tech market was overpriced of course he did not say that he had some stock from microsoft 
No bubble Nice breakout above the high see if it holds...
And looks like wedge really valid still, and RSI confirms that.
So.. Bubble or collapse? Make your bets gentleman
So.. Bubble or collapse? Make your bets gentleman
And even more
Volume still there, hehe
However I don't like this weekly candle from bearish point of view.
However I don't like this weekly candle from bearish point of view.
I don't care. I just make a show 
And some money.
And some money.
Lucif, should we all sell our hard minted coins to blow this bubble out?
дык чe cливaть щac или oбoждaть тecтa cкaжeм 17?
дык чe cливaть щac или oбoждaть тecтa cкaжeм 17?
I don't think that TA is viable in such young and growing bitcoin market. Maybe it will when we have couple of billions market cap. But not at the stage when single person can shake the market.
myself, He пaли кoнтopy
However, if 1540 hold the retest, we may see a bubble.
But... Price is soooo overbought...
However, if 1540 hold the retest, we may see a bubble.
But... Price is soooo overbought...
wow allot of circle-jerk in the last pages
any way the wedge is still there like i posted on my wedge thread (shameless plug
), the anchor points are the little squares so anyone can check the lines
any way the wedge is still there like i posted on my wedge thread (shameless plug
), the anchor points are the little squares so anyone can check the lines Quote from: http://stockcharts.com/school/doku.php?id=chart_school:chart_analysis:chart_patterns:rising_wedge
The Rising Wedge is a bearish pattern that begins wide at the bottom and contracts as prices move higher and the trading range narrows. In contrast to symmetrical triangles, which have no definitive slope and no bullish or bearish bias, rising wedges definitely slope up and have a bearish bias.
Even though this article will focus on the rising wedge as a reversal pattern, the pattern can also fit into the continuation category. As a continuation pattern, the rising wedge will still slope up, but the slope will be against the prevailing downtrend. As a reversal pattern, the rising wedge will slope up and with the prevailing trend. Regardless of the type (reversal or continuation), rising wedges are bearish.
1 Prior Trend: In order to qualify as a reversal pattern, there must be a prior trend to reverse. The rising wedge usually forms over a 3-6 month period and can mark an intermediate or long-term trend reversal. Sometimes the current trend is totally contained within the rising wedge; other times the pattern will form after an extended advance.
2 Upper Resistance Line: It takes at least two reaction highs to form the upper resistance line, ideally three. Each reaction high should be higher than the previous high.
3 Lower Support Line: At least two reaction lows are required to form the lower support line. Each reaction low should be higher than the previous low.
4 Contraction: The upper resistance line and lower support line converge as the pattern matures. The advances from the reaction lows (lower support line) become shorter and shorter, which makes the rallies unconvincing. This creates an upper resistance line that fails to keep pace with the slope of the lower support line and indicates a supply overhang as prices increase.
5 Support Break: Bearish confirmation of the pattern does not come until the support line is broken in a convincing fashion. It is sometimes prudent to wait for a break of the previous reaction low. Once support is broken, there can sometimes be a reaction rally to test the newfound resistance level.
6 Volume: Ideally, volume will decline as prices rise and the wedge evolves. An expansion of volume on the support line break can be taken as bearish confirmation.
The rising wedge can be one of the most difficult chart patterns to accurately recognize and trade. While it is a consolidation formation, the loss of upside momentum on each successive high gives the pattern its bearish bias. However, the series of higher highs and higher lows keeps the trend inherently bullish. The final break of support indicates that the forces of supply have finally won out and lower prices are likely. There are no measuring techniques to estimate the decline – other aspects of technical analysis should be employed to forecast price targets.
http://yfrog.com/h7a9sqpEven though this article will focus on the rising wedge as a reversal pattern, the pattern can also fit into the continuation category. As a continuation pattern, the rising wedge will still slope up, but the slope will be against the prevailing downtrend. As a reversal pattern, the rising wedge will slope up and with the prevailing trend. Regardless of the type (reversal or continuation), rising wedges are bearish.
1 Prior Trend: In order to qualify as a reversal pattern, there must be a prior trend to reverse. The rising wedge usually forms over a 3-6 month period and can mark an intermediate or long-term trend reversal. Sometimes the current trend is totally contained within the rising wedge; other times the pattern will form after an extended advance.
2 Upper Resistance Line: It takes at least two reaction highs to form the upper resistance line, ideally three. Each reaction high should be higher than the previous high.
3 Lower Support Line: At least two reaction lows are required to form the lower support line. Each reaction low should be higher than the previous low.
4 Contraction: The upper resistance line and lower support line converge as the pattern matures. The advances from the reaction lows (lower support line) become shorter and shorter, which makes the rallies unconvincing. This creates an upper resistance line that fails to keep pace with the slope of the lower support line and indicates a supply overhang as prices increase.
5 Support Break: Bearish confirmation of the pattern does not come until the support line is broken in a convincing fashion. It is sometimes prudent to wait for a break of the previous reaction low. Once support is broken, there can sometimes be a reaction rally to test the newfound resistance level.
6 Volume: Ideally, volume will decline as prices rise and the wedge evolves. An expansion of volume on the support line break can be taken as bearish confirmation.
The rising wedge can be one of the most difficult chart patterns to accurately recognize and trade. While it is a consolidation formation, the loss of upside momentum on each successive high gives the pattern its bearish bias. However, the series of higher highs and higher lows keeps the trend inherently bullish. The final break of support indicates that the forces of supply have finally won out and lower prices are likely. There are no measuring techniques to estimate the decline – other aspects of technical analysis should be employed to forecast price targets.
https://forums.butterflylabs.com/blogs/bfl_jody/66-using-btc-exchange.html
So I suppose the buying pressure generated by huge number of dissapointed customers loosing their money. And by idiots thinking that those people are happy buying bitcoins.
Quote
If you are going to use BTC you need to understand how an exchange works. Many of you have chosen to use the BitPay option on our order page. Our products are offered for a USD price. BitPay takes your BTC, exchanges them for USD AT THE CURRENT EXCHANGE RATE and sends us your payment. If you ask for a refund, BitPay takes the dollars back from us, converts them back to BTC AT THE CURRENT EXCHANGE RATE and sends you the BTC. So if the exchange rate changes between the time you make your purchase and the time you get your refund, you will get a different amount back than you paid in.
So I suppose the buying pressure generated by huge number of dissapointed customers loosing their money. And by idiots thinking that those people are happy buying bitcoins.
im with lucif. a lot of divergence signals since the bullish breakout. still a perfect candidate for a massive bulltrap.
and guess what guys?
i hope your rocket has a little more fuel cause
we're still not out of the same damned price channel.
fell right short and is as i type in the process of correcting for your exuberance.
the forums are WAYYY too bullish for a rally right now. we're clearly at a top. everyone's already all-in and are anti-FUDing everywhere.
[POLL] when will 1 BTC be worth 1 oz of silver?
Gold collapsing. Bitcoin UP.
Bitcoin nearly reaching its highest ever market capitalisation
why this rally?
One week bit coin rally - what happened?
$30 / BTC by March
[Poll] How long until $1000 per 1 Bitcoin?
Help me drive BTC price to $10000
[POLL] how long before 1 BTC = 1 oz of gold
good luck, bulls.
edit: OH YEAH. and even if we dont go down we're not breaking out of this price channel any time soon. MASSIVE (12.500 BTC) askwall @ $15,75 just popped up
and guess what guys?
i hope your rocket has a little more fuel cause
we're still not out of the same damned price channel.
fell right short and is as i type in the process of correcting for your exuberance.
the forums are WAYYY too bullish for a rally right now. we're clearly at a top. everyone's already all-in and are anti-FUDing everywhere.
[POLL] when will 1 BTC be worth 1 oz of silver?
Gold collapsing. Bitcoin UP.
Bitcoin nearly reaching its highest ever market capitalisation
why this rally?
One week bit coin rally - what happened?
$30 / BTC by March
[Poll] How long until $1000 per 1 Bitcoin?
Help me drive BTC price to $10000
[POLL] how long before 1 BTC = 1 oz of gold
good luck, bulls.
edit: OH YEAH. and even if we dont go down we're not breaking out of this price channel any time soon. MASSIVE (12.500 BTC) askwall @ $15,75 just popped up
Analyzed.
So here is an impulse-like wave supported by increasing volume. I agree that top bullish counts distributed between subscribers of top analytics may be valid.
You may call me crazy (however I am), but something is not right here in bullish counts. They may get realized only in bubble mode conditions - IMHO.
* Order book looks weird from ask side last days. I suppose this is supported by miners and excited traders expecting $100/BTC. But only desparate traders buying using market order - as nobody wants to get burned in such low ask side. Who else buy? ASIC refunds. Some amount of USD investments was thrown to market and we see a bubble here now. Another amount was stolen of course. Hehe. But soon this refund pressure will stop.
* The continously decreasing volume from 722 high year ago along with increasing uptrend hints that a pig is hidden somewhere not far from here
* The daily bitcoincharts adx still keep screaming "top!" "top!", and this may reverse the current impulsive wave 3, harming overall impulse wave from 960 low
* A lot of negative divergences on daily and weekly oscillators. To break them - bubble mode required.
Overall: staying away of this, watching. too risky.
So here is an impulse-like wave supported by increasing volume. I agree that top bullish counts distributed between subscribers of top analytics may be valid.
You may call me crazy (however I am), but something is not right here in bullish counts. They may get realized only in bubble mode conditions - IMHO.
* Order book looks weird from ask side last days. I suppose this is supported by miners and excited traders expecting $100/BTC. But only desparate traders buying using market order - as nobody wants to get burned in such low ask side. Who else buy? ASIC refunds. Some amount of USD investments was thrown to market and we see a bubble here now. Another amount was stolen of course. Hehe. But soon this refund pressure will stop.
* The continously decreasing volume from 722 high year ago along with increasing uptrend hints that a pig is hidden somewhere not far from here
* The daily bitcoincharts adx still keep screaming "top!" "top!", and this may reverse the current impulsive wave 3, harming overall impulse wave from 960 low
* A lot of negative divergences on daily and weekly oscillators. To break them - bubble mode required.
Overall: staying away of this, watching. too risky.
Wow, what a strong impulse was here.
Many thanks to BFL and Josh semi-dead body. Hehe. Sure, all counts above invalidated.
What do we have? Sure we have a bubble
Need some time to analyze.
Many thanks to BFL and Josh semi-dead body. Hehe. Sure, all counts above invalidated.
What do we have? Sure we have a bubble
Need some time to analyze. Final score
Lebing and cypherdoc 1
Lucif 0
Lebing and cypherdoc 1
Lucif 0
His rule is that he can extend the length of the game infinitely, until he can claim victory(i.e., scores one point no matter how many you have scored), so you better run right now!
You are completely blind. That was weekly chart with not yet confirmed figure and 5 target within months
You don't provide targets in your emails at all. You just say buy or sell. When? At what level? What to expect? Only yr ass knows.
And you know what? You trolled out my personal bet. Take it. No matter will I right or not - fuck you.
But I'm sure I am right. I will not share such specifics anymore. Nobody do it.
You don't provide targets in your emails at all. You just say buy or sell. When? At what level? What to expect? Only yr ass knows.
And you know what? You trolled out my personal bet. Take it. No matter will I right or not - fuck you.
But I'm sure I am right. I will not share such specifics anymore. Nobody do it.
yes, i am
-1 for grammar.
You are completely blind. That was weekly chart with not yet confirmed figure and 5 target within months
You don't provide targets in your emails at all. You just say buy or sell. When? At what level? What to expect? Only yr ass knows.
And you know what? You trolled out my personal bet. Take it. No matter will I right or not - fuck you.
But I'm sure I am right. I will not share such specifics anymore. Nobody do it.
You don't provide targets in your emails at all. You just say buy or sell. When? At what level? What to expect? Only yr ass knows.
And you know what? You trolled out my personal bet. Take it. No matter will I right or not - fuck you.
But I'm sure I am right. I will not share such specifics anymore. Nobody do it.
yes, i am a troll. but a good looking one:
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