Yet another analyst :) - page 3. | Bitcointalksearch.org

lucif

sr. member

Activity: 462

Merit: 250

Clown prophet

Quote from: ft73 on August 05, 2013, 03:55:57 AM

I don't like the graph, especially on daily timeframe.
I've bought some coins at 101$ and was waiting for a 110$ break, but the more time is passing by (sideways), the less the chance it's going to break up in my opinion.

SELL! SELLL! SELL!!!!111

ft73

hero member

Activity: 564

Merit: 508

I don't like the graph, especially on daily timeframe.
I've bought some coins at 101$ and was waiting for a 110$ break, but the more time is passing by (sideways), the less the chance it's going to break up in my opinion.

Lohoris

hero member

Activity: 630

Merit: 500

Bitgoblin

Quote from: Bimmerhead on August 04, 2013, 05:38:30 PM

Is this wide arbitrage opportunity ($10 between MtGox and BTC-e, $5 between MtGox and CaVirtex) technically significant?

It's a natural consequence of withdrawal "problems" mtgox side.

I'm still surprised the difference is so small.

Bimmerhead

legendary

Activity: 1291

Merit: 1000

Is this wide arbitrage opportunity ($10 between MtGox and BTC-e, $5 between MtGox and CaVirtex) technically significant?

JustAnotherSheep

full member

Activity: 239

Merit: 100

When the clown prophet himself gives bullish predictions one can not help but listen.

I do think you called the top a bit too high though and that it's fully possible 110 was it, but I guess we'll just have to wait and see.

lucif

sr. member

Activity: 462

Merit: 250

Clown prophet

I think it will be higher when weekly envelops will be broken to upside. 104 is serious resistance so far.

lucif

sr. member

Activity: 462

Merit: 250

Clown prophet

I'm sure it should be much higher in a couple of reasons I am lazy to explain.

ElectricMucus

legendary

Activity: 1666

Merit: 1057

Marketing manager - GO MP

You skipped a wave here, pong was at 110.

Ray Anastasio

newbie

Activity: 40

Merit: 0

^^

Dampening oscillation?

lucif

sr. member

Activity: 462

Merit: 250

Clown prophet

Update. Going fine so far.

Quote from: lucif on July 15, 2013, 04:27:11 PM

So since there was no breakout of triangle, and since triangle continues and I don't know whether its bullish or bearish... I introduce my new count candidate - ping/pong triangle. Hehe. That is something new in trading.

vokain

legendary

Activity: 1834

Merit: 1019

Quote from: myself on August 03, 2013, 03:26:51 PM

just wait until a new panic sell start and you see how ppl will love to be FIRST on the line to exchange their bitcoin for USD on mtgox

classic panic sellers panicking

myself

legendary

Activity: 938

Merit: 1000

chaos is fun...…damental :)

just wait until a new panic sell start and you see how ppl will love to be FIRST on the line to exchange their bitcoin for USD on mtgox

Rampion

legendary

Activity: 1148

Merit: 1018

Quote from: oda.krell on August 01, 2013, 07:27:30 AM

Quote from: Rampion on August 01, 2013, 05:57:18 AM

Technical analysis is pretty much pointless other than for fun in such a tny market as BTC.

Still, I really don't get how you could base trading decisions on bullish or bearish counts especially in a moment like this, in which the exchange rate is tremendously distorted by the fact that is impossible to withdraw USD from Gox. MtgoxUSD only use now is to buy more BTC. Each day that passes without Gox pulling his shit together, makes mtgoxUSD to be worth less and mtgoxBTC to be worth more.

Given the amount of coins that are leaving Gox, I'm surprised the exchange rate didn't go even higher.

Didn't you just post some while ago that the whole mtgox situation is blown out of proportion, and that you had no trouble getting your (rather large) withdrawals through in a reasonable amount of time? Maybe I'm confusing things.

EDIT: apologie to lucif if this is turning into too much off-topicness for this (excellent, btw) thread.

That's true indeed, but that was at the beginning of June, before all the hiatus situation.

IMO Gox is honest and they will pull their shit together, but the fact is many people believe they will not be able to withdraw their USD, and that is distorting the price.

Lohoris

hero member

Activity: 630

Merit: 500

Bitgoblin

Quote from: Rampion on August 01, 2013, 05:57:18 AM

Technical analysis is pretty much pointless other than for fun in such a tny market as BTC.

Still, I really don't get how you could base trading decisions on bullish or bearish counts especially in a moment like this, in which the exchange rate is tremendously distorted by the fact that is impossible to withdraw USD from Gox. MtgoxUSD only use now is to buy more BTC. Each day that passes without Gox pulling his shit together, makes mtgoxUSD to be worth less and mtgoxBTC to be worth more.

Given the amount of coins that are leaving Gox, I'm surprised the exchange rate didn't go even higher.

I'm clueless as well.

A couple of days ago the spread with Bitstamp was 10$ and I thought it was still way too small, and now it's even shrinked back to 7-8$...

How can people still trust mtgox is beyond me.
Or, well, actually it's blind greed.
Greed makes wonders.

siulynot

legendary

Activity: 1274

Merit: 1000

Quote from: Tzupy on August 01, 2013, 02:44:28 PM

Interesting, until now no big dumper, unlike yesterday, when the drop was forced by repeated
dumps from 110 to 107. But if the big ones dump, those walls won't hold for long.

looking at walls is not TA, it mostly will get you biting your nails and not scoring good trades.

Forget about whales, walls and "fund entering or exiting mtgox" those are not TA signals.

Tzupy

legendary

Activity: 2170

Merit: 1094

Interesting, until now no big dumper, unlike yesterday, when the drop was forced by repeated
dumps from 110 to 107. But if the big ones dump, those walls won't hold for long.

siulynot

legendary

Activity: 1274

Merit: 1000