|
Title: Bitcoin says ''Fuck you'' Post by: Miz4r on July 06, 2013, 07:16:49 PM Bitcoin has sent a little message to all the bears today:
https://i.imgur.com/ocleH32.jpg?1 Be warned bears, don't fuck with the Bitcoin. :P Title: Re: Bitcoin says ''Fuck you'' Post by: bitwhizz on July 06, 2013, 07:18:54 PM I dont get your point? we havn't retraced, we are still sliding
disclaimer - i am a rational bull Title: Re: Bitcoin says ''Fuck you'' Post by: fr33d0miz3r on July 06, 2013, 07:25:17 PM I dont get your point? we havn't retraced, we are still sliding disclaimer - i am a rational bull I think he means something like this: http://s18.postimg.org/6ftq04mfd/ocle_H32.png Title: Re: Bitcoin says ''Fuck you'' Post by: bitwhizz on July 06, 2013, 07:26:33 PM I dont get your point? we havn't retraced, we are still sliding disclaimer - i am a rational bull I think he means something like this: http://s18.postimg.org/6ftq04mfd/ocle_H32.png haha, amazing, well done on that Title: Re: Bitcoin says ''Fuck you'' Post by: xristoskostouros on July 06, 2013, 07:26:49 PM ahahhahahaha amazing!!!!
Title: Re: Bitcoin says ''Fuck you'' Post by: samson on July 06, 2013, 07:28:35 PM LOL, looks like this one :
http://s15.postimg.org/i7k981gi3/H_and_s_top_new.jpg (http://postimage.org/) Head and shoulders top :o Title: Re: Bitcoin says ''Fuck you'' Post by: RyNinDaCleM on July 06, 2013, 07:29:53 PM That is what is known as a "Head and Shoulders" pattern. A reversal pattern. That one is the type that breaks down. There is also an "inverse H&S" which breaks up.
http://www.investopedia.com/terms/h/head-shoulders.asp You're welcome ;) Edit: Too slow, samson beat me to it Edit #2: We had one at the $166 top which played out perfectly Title: Re: Bitcoin says ''Fuck you'' Post by: samson on July 06, 2013, 07:31:24 PM That is what is known as a "Head and Shoulders" pattern. A reversal pattern. That one is the type that breaks down. There is also an "inverse H&S" which breaks up. http://www.investopedia.com/terms/h/head-shoulders.asp You're welcome ;) Edit: Too slow, samson beat me to it LOL, Sounds bearish to me Title: Re: Bitcoin says ''Fuck you'' Post by: Lohoris on July 06, 2013, 07:32:14 PM Bitcoin has sent a little message to all the bears today: Lol you win 1 Internet, sir.https://i.imgur.com/ocleH32.jpg?1 Be warned bears, don't fuck with the Bitcoin. :P (delivered to your address) Title: Re: Bitcoin says ''Fuck you'' Post by: tinus42 on July 06, 2013, 07:33:57 PM I like bears, they allow me to buy cheaper coins. What's not to like about that? :D
Title: Re: Bitcoin says ''Fuck you'' Post by: RyNinDaCleM on July 06, 2013, 07:35:05 PM I like bears, they allow me to buy cheaper coins. What's not to like about that? :D When they become EXPENSIVE coins Title: Re: Bitcoin says ''Fuck you'' Post by: samson on July 06, 2013, 07:35:46 PM Edit #2: We had one at the $166 top which played out perfectly It's almost like someone's got a 'bot' programmed to draw these things out on the charts. Title: Re: Bitcoin says ''Fuck you'' Post by: Rakessh on July 06, 2013, 07:49:43 PM http://en.wikipedia.org/wiki/Head_and_shoulders_(chart_pattern)
So... the left shoulder being higher than the right shoulder, the price is going to continue to decline. Title: Re: Bitcoin says ''Fuck you'' Post by: ElectricMucus on July 06, 2013, 07:55:35 PM The irony ITT is quite stunning!
Title: Re: Bitcoin says ''Fuck you'' Post by: whisper on July 06, 2013, 07:55:54 PM Have a big balls and looks like a skyrocket
http://img541.imageshack.us/img541/7342/qzwj.jpg Title: Re: Bitcoin says ''Fuck you'' Post by: RyNinDaCleM on July 06, 2013, 07:56:11 PM http://en.wikipedia.org/wiki/Head_and_shoulders_(chart_pattern) So... the left shoulder being higher than the right shoulder, the price is going to continue to decline. No, that isn't really important. the neckline needs to be established. When it's below the "head" it breaks down. But that has already happened. https://i.imgur.com/6H3HffH.png Title: Re: Bitcoin says ''Fuck you'' Post by: Miz4r on July 06, 2013, 07:57:14 PM Lol you win 1 Internet, sir. (delivered to your address) Yay my first bitcoin tip ever. Cheers mate! :) Title: Re: Bitcoin says ''Fuck you'' Post by: bitwhizz on July 06, 2013, 07:57:44 PM basically we are expecting a small rally to 72 dollars, and then a further decline to who knows what according to this TA
i bet we will be in the high 50's by friday Title: Re: Bitcoin says ''Fuck you'' Post by: Lohoris on July 06, 2013, 08:14:49 PM Lol you win 1 Internet, sir. (delivered to your address) Yay my first bitcoin tip ever. Cheers mate! :) Title: Re: Bitcoin says ''Fuck you'' Post by: RyNinDaCleM on July 06, 2013, 08:16:38 PM The irony ITT is quite stunning! Isn't it though? ;D Title: Re: Bitcoin says ''Fuck you'' Post by: KSGuy on July 06, 2013, 08:17:29 PM basically we are expecting a small rally to 72 dollars, and then a further decline to who knows what according to this TA i bet we will be in the high 50's by friday I hope so, that's my mark to buy more. ;D Title: Re: Bitcoin says ''Fuck you'' Post by: tokeweed on July 06, 2013, 11:36:58 PM Bitcoin has sent a little message to all the bears today: https://i.imgur.com/ocleH32.jpg?1 Be warned bears, don't fuck with the Bitcoin. :P lol. bitcoin says to bulls: SUCKERS!!! then bitcoin proceeds going down to 50. Title: Re: Bitcoin says ''Fuck you'' Post by: byronbb on July 07, 2013, 01:58:54 AM That is what is known as a "Head and Shoulders" pattern. A reversal pattern. That one is the type that breaks down. There is also an "inverse H&S" which breaks up. http://www.investopedia.com/terms/h/head-shoulders.asp You're welcome ;) Edit: Too slow, samson beat me to it Edit #2: We had one at the $166 top which played out perfectly Interesting. Because while I don't believe in TA, (epecially for bitcoin lolretard), people do. I have always seen TA as a voodoo that people think is real only so smart guys who can move markets can paint a picture for them. When you say it played out at $160, people are now primed to think it will play out again, and that's when you pull the rug..... but obviously just a thought, downside risk seems all too very real. Title: Re: Bitcoin says ''Fuck you'' Post by: RyNinDaCleM on July 07, 2013, 02:12:20 AM That is what is known as a "Head and Shoulders" pattern. A reversal pattern. That one is the type that breaks down. There is also an "inverse H&S" which breaks up. http://www.investopedia.com/terms/h/head-shoulders.asp You're welcome ;) Edit: Too slow, samson beat me to it Edit #2: We had one at the $166 top which played out perfectly Interesting. Because while I don't believe in TA, (epecially for bitcoin lolretard), people do. I have always seen TA as a voodoo that people think is real only so smart guys who can move markets can paint a picture for them. When you say it played out at $160, people are now primed to think it will play out again, and that's when you pull the rug..... but obviously just a thought, downside risk seems all too very real. The one mentioned in the OP has already finished it's move out of the H&S pattern, so no rug pulling today :) Usually they take anywhere from days to weeks to form and complete, so today's pattern was likely not an actual H&S and just coincidentally looked and finished like one. This is the one I was referring to though. http://www.sierrachart.com/image.php?l=1373162630348.png Title: Re: Bitcoin says ''Fuck you'' Post by: Kazu on July 07, 2013, 05:42:04 AM Bitcoin has sent a little message to all the bears today: https://i.imgur.com/ocleH32.jpg?1 Be warned bears, don't fuck with the Bitcoin. :P uh not to be a party pooper but isn't that a bearish head and shoulders formation? Title: Re: Bitcoin says ''Fuck you'' Post by: RyNinDaCleM on July 07, 2013, 05:52:23 AM Bitcoin has sent a little message to all the bears today: https://i.imgur.com/ocleH32.jpg?1 Be warned bears, don't fuck with the Bitcoin. :P uh not to be a party pooper but isn't that a bearish head and shoulders formation? The irony ITT is quite stunning! Title: Re: Bitcoin says ''Fuck you'' Post by: Miz4r on July 07, 2013, 08:47:36 AM Bitcoin has sent a little message to all the bears today: https://i.imgur.com/ocleH32.jpg?1 Be warned bears, don't fuck with the Bitcoin. :P uh not to be a party pooper but isn't that a bearish head and shoulders formation? Yes it is, but quite meaningless on such a small timescale and the entire formation already ran its course. As a bull in a bear market I just found it more satisfying to target the bears. Bitcoin doesn't care either way and said 'fuck you' to us all while it continues to do whatever it wants to. :P |
