Bitcoin Forum

Don’t forget the Basics ;)

Chart image here > http://imgur.com/4H6w0Jc

Blue, our sky. Red our floors.

If price reaches and closes above/below them spect heavy movement..

Wait.. maybe there’s some movement right now .. (blue square)

Time will tell ;)

---

Picture this! - BTC System reboot?

Chart image here > http://imgur.com/MRC6pWB

As you can see in the chart, the second time the price increases at least the same value within the same period ..
What do you think?

---

Find our work at: https://bitcointalk.org/index.php?topic=1439609.0

Picture this!

https://i.imgur.com/8V3h93o.png

The next few days are critical!  ::)

Picture this!

Some things about ETH/BTC

https://i.imgur.com/vsy37CD.png

An other triangle with strong support on the bottom, 12Hours.


https://i.imgur.com/RhTeOfl.png

https://i.imgsafe.org/d2a8574e0c.png
Be careful! Next days are critical... ::) ;D

Very nice predictions, are you an expert in analysis or you just guessing?

Hi, we are a experienced crypto-traders. And we just like to find the patterns and signals into this crazy charts (btc - eth - and some other coins). Hope you like our perspective.

If you learn how to observe the market using the right tools, just select your trading timeframe and build your own assumptions before trading.
Then be diligent with your own risk management system before you put anything into the market. That is, work hard on your trading system.
Doing this, you can have a growing nice profitable account over time.

Stay tuned to our post:
https://bitcointalk.org/index.php?topic=1439609.0
We are working on providing the best tools to help you with the described above.
 :)

https://i.imgsafe.org/e815cde265.png

momentum soon  :o

https://twitter.com/BitcoinNetworks/status/786275583223144448

Skip all the tools and the predictions and just look at the whole history of the bitcoin price. There are a lot of short term volatility, but

in the long run, it always goes back to it's original level, but at a slightly higher level than before, with the exception of the climb to

$1000+ {That was just the Willybot, creating havoc}  ;D ;D ;D

The price is following a lot of things like other commodities, and TA seems works fine, if not, no one can build a succesfully strategy.

https://i.imgsafe.org/7e9f94fd89.png

Umh... Be careful!

Nice - I agree we could be going down hard soon.

I would argue the first triangle was in a downtrend and now we are in an uptrend.. odds are we go up.

I hope that at the end of this year people will start spending money more than usually and maybe will invest in something useful such a bitcoin. These pictures are pretty tricky and we can't be sure what will happen and how the graph line will go at the end of the year but we are optimistic to see it green and high.

https://i.imgur.com/v4aDK5G.png
 Breakout or a trap?

We will see next week :3

your pattern is wrong man.... a rising wedge doesn't break out upward ...

anyway no surprise your pattern is wrong; look at they way you draw your resistance, choosing a random point in the middle of the pump.

don't forget that ta is useful to picture overal market sentiment (or whale activity, call it how you want), and your figure doesn't draw anything.

Thanks for sharing your point of view (that is why the name of the topic) ..
You seem a nice person that will tell us more about reversal rising wedges.
Thanks for you technical explanation in advance :)

Gartley patterns @ bitstamp <3 ::)

https://i.imgur.com/PIcVoNz.png

Reversal rising wedge seems work fine on this case

(Still waiting for your hypothesis about why those should not work)  ::)

a rising wedge means power lacks of steem and is due for a least a correction (could be a larger trend reversal). You don't picture a rising wedge for when a movement doesn't lack of steem or it just doesn't make sense. in this case it is just a normal uptrend, picturing bullish canal would be more appropriate  ;)

PS: doing technical analysis while forgetting the basis is a proper way to get burned.