Yet another analyst :) - page 123. | Bitcointalksearch.org

arepo

sr. member

Activity: 448

Merit: 250

this statement is false

Quote from: ?? on ??

Interesting analysis, i like it a lot.

But i think you're "over-analyzing a bit" just like the bullish analysts do (to make their case). But with that being said i appreciate it a lot, very interesting read

For the record, im short bitcoin, no reasons other than the blockhalving was overhyped by speculators (visible with the highly-impulsive buys in the weeks before it, we need to correct those before we can move higher).

are you shorting through a broker or did you simply sell your holdings?

lucif

sr. member

Activity: 462

Merit: 250

Clown prophet

Hehe. Thanks.

I see I should limit borders of exposable info, as it change overall picture

Not actually a direction, but timeframes. As a lot of people made bets on my targets ))

arepo

sr. member

Activity: 448

Merit: 250

this statement is false

Quote from: bitcoinBull on December 31, 2012, 10:56:34 PM

Look what happened after the triangle at $5 broke sideways. For bitcoin, sideways (lack of selling) is an indicator of confidence, and leads to upward movements. The accumulation/distribution indicator (among others) is again confirming this.

but (on weekly scale) accumulation/distribution isnt making steady gains like it did preceding the bull run from $5. its at an all-time high but has formed a local max (reversal) shape.

also, i think the quoted observation is simply due to the historical endless bullrun with corrections. it may be about time we hit that inflection point...

past performance is not indicative of future results?

myself

legendary

Activity: 938

Merit: 1000

chaos is fun...…damental :)

Quote from: smoothie on January 01, 2013, 05:26:25 AM

(super very exactly)^21,000,000

woahdude,jpg thats a new level i am afraid i cant play at that level

smoothie

legendary

Activity: 2492

Merit: 1473

LEALANA Bitcoin Grim Reaper

Quote from: myself on January 01, 2013, 05:15:20 AM

Quote from: smoothie on January 01, 2013, 04:32:12 AM

super very exactly Cheesy

(super very exactly)²

(super very exactly)^21,000,000

myself

legendary

Activity: 938

Merit: 1000

chaos is fun...…damental :)

Quote from: smoothie on January 01, 2013, 04:32:12 AM

super very exactly Cheesy

(super very exactly)²

smoothie

legendary

Activity: 2492

Merit: 1473

LEALANA Bitcoin Grim Reaper

Quote from: myself on January 01, 2013, 04:18:46 AM

Quote from: naima53 on January 01, 2013, 03:50:46 AM

Quote from: bitcoinBull on December 31, 2012, 10:56:34 PM

Look what happened after the triangle at $5 broke sideways. For bitcoin, sideways (lack of selling) is an indicator of confidence, and leads to upward movements. The accumulation/distribution indicator (among others) is again confirming this.

exactly

very exactly

super very exactly Cheesy

myself

legendary

Activity: 938

Merit: 1000

chaos is fun...…damental :)

Quote from: naima53 on January 01, 2013, 03:50:46 AM

Quote from: bitcoinBull on December 31, 2012, 10:56:34 PM

Look what happened after the triangle at $5 broke sideways. For bitcoin, sideways (lack of selling) is an indicator of confidence, and leads to upward movements. The accumulation/distribution indicator (among others) is again confirming this.

exactly

very exactly

naima53

hero member

Activity: 616

Merit: 502

Quote from: bitcoinBull on December 31, 2012, 10:56:34 PM

Look what happened after the triangle at $5 broke sideways. For bitcoin, sideways (lack of selling) is an indicator of confidence, and leads to upward movements. The accumulation/distribution indicator (among others) is again confirming this.

exactly

bitcoinBull

legendary

Activity: 826

Merit: 1001

rippleFanatic

Look what happened after the triangle at $5 broke sideways. For bitcoin, sideways (lack of selling) is an indicator of confidence, and leads to upward movements. The accumulation/distribution indicator (among others) is again confirming this.

lucif

sr. member

Activity: 462

Merit: 250

Clown prophet

I think there are odds that triangle will stay unbreaked.

Symmetric triangle breakout - is an event when price makes bold volumed move in some direction and market supports this move with futher buying.selling in that direction.

The target of breaked triangle stays in area of breakout point plus or minus the widest triangle height.

The widest height of this one is about $1.00. So breakout target up is about 1450, and breakout one down is about 1250.

But triangle has another property. When breakout didnt happen from 3/4 to 4/4 part of this figure - price contunies to move to undefined direction. Undefined within triangle pattern.

But we have some other patterns here. The uptrend support line off 970 low is already broken down (see pics above), but this breakout needs volume confirmation.

Here at least i come into wall analysis. It can make hints only for very close future.

I see from market behavior of last days, even large close bid walls do not scary bears. In other side of market depth there is a lot room for bulls action even with low volume. But nothing. No one want to buy, and even if he wants, bears rapidly drop price back down.

What it all saying about?

Sideways or down. Bot heaven.

RyNinDaCleM

legendary

Activity: 2408

Merit: 1009

Legen -wait for it- dary

Quote from: adamstgBit on December 31, 2012, 12:17:39 AM

Quote from: lucif on December 30, 2012, 10:03:51 PM

Market infinite loop detected.

Heaven for trading bots!

Code:

while [ /bin/true ] ; do
./buy.py $13.30
./sell.py $13.55
done

the algorithm that stabilized bitcoin... who would of guess it was so simple Cheesy

Except we haven't hit $13.30 in 36hrs. Not the most profitable algo. Cheesy

adamstgBit

legendary

Activity: 1904

Merit: 1037

Trusted Bitcoiner

Quote from: lucif on December 30, 2012, 10:03:51 PM

Market infinite loop detected.

Heaven for trading bots!

Code:

while [ /bin/true ] ; do
  ./buy.py $13.30
  ./sell.py $13.55
done

the algorithm that stabilized bitcoin... who would of guess it was so simple Cheesy

lucif

sr. member

Activity: 462

Merit: 250

Clown prophet

Market infinite loop detected.

Heaven for trading bots!

Code:

while [ /bin/true ] ; do
  ./buy.py $13.30
  ./sell.py $13.55
done

lucif

sr. member

Activity: 462

Merit: 250

Clown prophet

Remember, if you like to look into some near future - watch oscillators. They oftenly walk ahead of price. Useful for figures breaking test.

smoothie

legendary

Activity: 2492

Merit: 1473

LEALANA Bitcoin Grim Reaper

Quote from: lebing on December 30, 2012, 04:26:40 PM

Quote from: smoothie on December 30, 2012, 03:47:30 PM

Quote from: lebing on December 30, 2012, 03:43:27 PM

Even if I do prove it, you will just say its a photoshop. Anyway, I didnt want to turn this into a pissing contest. I just wanted to show you that I put my money where my mouth is.

You can prove it. Tell me the address you are going to move your BTC to and I'll watch it. Tell me when you are sending the btc to the new address. LOL

Prove it lol

At the moment there is a 200btc max moving per month on my account and I'll be keeping it that way =P

LOL back pedal more. Cheesy

lucif

sr. member

Activity: 462

Merit: 250

Clown prophet

Okay, I'll get them.

Hourly MACD already went down of resistance line of this triangle of stability.

But still have some hope, retesting lost support.

h/sma200 also broke support.

lebing

legendary

Activity: 1288

Merit: 1000

Enabling the maximal migration

Quote from: smoothie on December 30, 2012, 03:47:30 PM

Quote from: lebing on December 30, 2012, 03:43:27 PM

Even if I do prove it, you will just say its a photoshop. Anyway, I didnt want to turn this into a pissing contest. I just wanted to show you that I put my money where my mouth is.

You can prove it. Tell me the address you are going to move your BTC to and I'll watch it. Tell me when you are sending the btc to the new address. LOL

Prove it lol

At the moment there is a 200btc max moving per month on my account and I'll be keeping it that way =P

lucif

sr. member

Activity: 462

Merit: 250

Clown prophet

But stay warned. Breaking mid-12th can trigger head and shoulders target at 1140. And this target may break overall bullish picture at all. But odds of this are not enough now.

lucif

sr. member

Activity: 462

Merit: 250

Clown prophet

Price preparing to drop, but not too low, as its waiting until ascending support trend line from 780 and 980 lows reach sub-12th.

As i said, i dont currently see any clear sign for move up. Even with move up it also shouldnt be too high. We stay sideways for some weeks or dropping down hard now. The last hasnt enough odds now.

1240.

Topic: Yet another analyst :) - page 123. (Read 269580 times)