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Title: This panic is even more bullish than the last few Post by: ineededausername on March 29, 2013, 04:24:01 AM http://bitcoincharts.com/charts/chart.png?width=940&m=mtgoxUSD&SubmitButton=Draw&r=60&i=&c=0&s=&e=&Prev=&Next=&t=S&b=&a1=EMA&m1=10&a2=EMA&m2=21&x=0&i1=&i2=&i3=&i4=&v=1&cv=0&ps=0&l=0&p=0&
Observe that while the last few dropped the price by ~30% from its ATH at the time and hit the EMA(21) solidly, this one only managed to hit the EMA(10) and did not manage to drop even as much as 25%. With record bids ($10M!) and a rapid rebound, I'm pretty sure that we're going to hit $100 soon. Title: Re: This panic is even more bullish than the last few Post by: oakpacific on March 29, 2013, 04:27:34 AM http://bitcoincharts.com/charts/chart.png?width=940&m=mtgoxUSD&SubmitButton=Draw&r=60&i=&c=0&s=&e=&Prev=&Next=&t=S&b=&a1=EMA&m1=10&a2=EMA&m2=21&x=0&i1=&i2=&i3=&i4=&v=1&cv=0&ps=0&l=0&p=0& Observe that while the last few dropped the price by ~30% from its ATH at the time and hit the EMA(21) solidly, this one only managed to hit the EMA(10) and did not manage to drop even as much as 25%. With record bids ($10M!) and a rapid rebound, I'm pretty sure that we're going to hit $100 soon. Two-hour EMA10 and EMA21 failed to cross, half-hour ones have crossed back already,the only EMA 10 remaining under EMA 21 is the hourly one. The plunge also failed to breach hourly SMA 200, unlike in previous crashes. Title: Re: This panic is even more bullish than the last few Post by: ineededausername on March 29, 2013, 04:29:57 AM http://bitcoincharts.com/charts/chart.png?width=940&m=mtgoxUSD&SubmitButton=Draw&r=60&i=&c=0&s=&e=&Prev=&Next=&t=S&b=&a1=EMA&m1=10&a2=EMA&m2=21&x=0&i1=&i2=&i3=&i4=&v=1&cv=0&ps=0&l=0&p=0& Observe that while the last few dropped the price by ~30% from its ATH at the time and hit the EMA(21) solidly, this one only managed to hit the EMA(10) and did not manage to drop even as much as 25%. With record bids ($10M!) and a rapid rebound, I'm pretty sure that we're going to hit $100 soon. Two-hour EMA10 and EMA21 failed to cross, half-hour ones have crossed back already,the only EMA 10 remaining under EMA 21 is the hourly one. The plunge also failed to breach hourly SMA 200, unlike in previous crashes. There you have it, I'm pretty sure we have 5 TA reasons now, let's start a "Ready for the Running of the Bulls?" thread ;D Title: Re: This panic is even more bullish than the last few Post by: chriswen on March 29, 2013, 04:33:29 AM http://bitcoincharts.com/charts/chart.png?width=940&m=mtgoxUSD&SubmitButton=Draw&r=60&i=&c=0&s=&e=&Prev=&Next=&t=S&b=&a1=EMA&m1=10&a2=EMA&m2=21&x=0&i1=&i2=&i3=&i4=&v=1&cv=0&ps=0&l=0&p=0& Observe that while the last few dropped the price by ~30% from its ATH at the time and hit the EMA(21) solidly, this one only managed to hit the EMA(10) and did not manage to drop even as much as 25%. With record bids ($10M!) and a rapid rebound, I'm pretty sure that we're going to hit $100 soon. Two-hour EMA10 and EMA21 failed to cross, half-hour ones have crossed back already,the only EMA 10 remaining under EMA 21 is the hourly one. The plunge also failed to breach hourly SMA 200, unlike in previous crashes. There you have it, I'm pretty sure we have 5 TA reasons now, let's start a "Ready for the Running of the Bulls?" thread ;D There is no need to encourage that. We have more than enough inflated bulls already (inflated heads). Title: Re: This panic is even more bullish than the last few Post by: smoothie on March 29, 2013, 04:36:01 AM http://bitcoincharts.com/charts/chart.png?width=940&m=mtgoxUSD&SubmitButton=Draw&r=60&i=&c=0&s=&e=&Prev=&Next=&t=S&b=&a1=EMA&m1=10&a2=EMA&m2=21&x=0&i1=&i2=&i3=&i4=&v=1&cv=0&ps=0&l=0&p=0& Observe that while the last few dropped the price by ~30% from its ATH at the time and hit the EMA(21) solidly, this one only managed to hit the EMA(10) and did not manage to drop even as much as 25%. With record bids ($10M!) and a rapid rebound, I'm pretty sure that we're going to hit $100 soon. Two-hour EMA10 and EMA21 failed to cross, half-hour ones have crossed back already,the only EMA 10 remaining under EMA 21 is the hourly one. The plunge also failed to breach hourly SMA 200, unlike in previous crashes. There you have it, I'm pretty sure we have 5 TA reasons now, let's start a "Ready for the Running of the Bulls?" thread ;D There is no need to encourage that. We have more than enough inflated bulls already (inflated heads). I disagree. I think we have just an over supply of deflated bears which makes it look like there is more than enough inflated bulls. ::) Title: Re: This panic is even more bullish than the last few Post by: oakpacific on March 29, 2013, 04:38:14 AM http://bitcoincharts.com/charts/chart.png?width=940&m=mtgoxUSD&SubmitButton=Draw&r=60&i=&c=0&s=&e=&Prev=&Next=&t=S&b=&a1=EMA&m1=10&a2=EMA&m2=21&x=0&i1=&i2=&i3=&i4=&v=1&cv=0&ps=0&l=0&p=0& Observe that while the last few dropped the price by ~30% from its ATH at the time and hit the EMA(21) solidly, this one only managed to hit the EMA(10) and did not manage to drop even as much as 25%. With record bids ($10M!) and a rapid rebound, I'm pretty sure that we're going to hit $100 soon. Two-hour EMA10 and EMA21 failed to cross, half-hour ones have crossed back already,the only EMA 10 remaining under EMA 21 is the hourly one. The plunge also failed to breach hourly SMA 200, unlike in previous crashes. There you have it, I'm pretty sure we have 5 TA reasons now, let's start a "Ready for the Running of the Bulls?" thread ;D There is no need to encourage that. We have more than enough inflated bulls already (inflated heads). I disagree. I think we have just an over supply of deflated bears which makes it look like there is more than enough inflated bulls. ::) We'll see more and more of them, their number will be directly proportional to the bitcoin price. Title: Re: This panic is even more bullish than the last few Post by: oakpacific on March 29, 2013, 06:05:34 AM Hourly EMA10/21 about to cross.
Title: Re: This panic is even more bullish than the last few Post by: MonadTran on March 29, 2013, 06:39:37 AM an over supply of deflated bears which makes it look like there is more than enough inflated bulls. http://www4.pictures.zimbio.com/gi/Green+Bay+Packers+v+Chicago+Bears+QfEbaF5-ApHl.jpg http://www.thegreenhead.com/imgs/xl/oversized-inflatable-bull-head-costume-xl.jpg Title: Re: This panic is even more bullish than the last few Post by: BitPirate on March 29, 2013, 06:41:09 AM I think the next time one of these silly forced sell-offs occurs, people will be ready and ignore it.
In fact it would be hilarious if we could somehow agree on a counterattack -- have a bunch of $ waiting, buy their cheap coins and push to a new high. Title: Re: This panic is even more bullish than the last few Post by: damnek on March 29, 2013, 07:25:39 AM As long as there are enough newbie bitcoin traders this will work.
Title: Re: This panic is even more bullish than the last few Post by: b!z on March 29, 2013, 08:28:54 AM I think the next time one of these silly forced sell-offs occurs, people will be ready and ignore it. In fact it would be hilarious if we could somehow agree on a counterattack -- have a bunch of $ waiting, buy their cheap coins and push to a new high. We don't need to agree; everyone is already doing it. |
