Bitcoin Forum

Economy => Speculation => Topic started by: ilovedragons on July 08, 2013, 08:50:59 PM



Title: Be ready for the new crash coming...
Post by: ilovedragons on July 08, 2013, 08:50:59 PM
https://i.imgur.com/7qktcYJ.png

Deal with it, bulls. We're stuck in an infinite loop, $0 imminent, etc.


Title: Re: Be ready for the new crash coming...
Post by: bitcoin44me on July 08, 2013, 08:53:11 PM
Why so mad bro? :(


Title: Re: Be ready for the new crash coming...
Post by: Crypt_Current on July 08, 2013, 09:05:44 PM
OP chart is totally meaningless without any quantifications.  What time scale are we looking at here?  And are these crossovers the Goomboo standard 10/21 ?  Looks like a hasty emotional copy/paste from Clarkmoody ...  ::)


Title: Re: Be ready for the new crash coming...
Post by: WeltMaster on July 08, 2013, 09:11:04 PM
OP chart is totally meaningless without any quantifications.  What time scale are we looking at here?  And are these crossovers the Goomboo standard 10/21 ?  Looks like a hasty emotional copy/paste from Clarkmoody ...  ::)

It's clearly labeled as 26 day time periods. I think it's a good observation outlining that the rally right now is a classic example of a bull-trap. Trends come in threes.


Title: Re: Be ready for the new crash coming...
Post by: SkRRJyTC on July 08, 2013, 09:11:09 PM
OP chart is totally meaningless without any quantifications.  What time scale are we looking at here?  And are these crossovers the Goomboo standard 10/21 ?  Looks like a hasty emotional copy/paste from Clarkmoody ...  ::)


The Goomboo standard.

I like it.


Title: Re: Be ready for the new crash coming...
Post by: ilovedragons on July 08, 2013, 09:20:58 PM
Looks like a hasty emotional copy/paste from Clarkmoody ...  ::)

You know me so well.  :)

To clarify, yes all of this is taken from current clarkmoody D1 chart, so prices on each time range are at the same scale. Just stacked them horizontally for a different perspective, mainly to show that this current rally fits in well with the continuing downward trend and is perhaps even expected with respect to both timing and strength.

EDIT: Accidentally said H1 instead of D1.


Title: Re: Be ready for the new crash coming...
Post by: nobbynobbynoob on July 08, 2013, 09:24:44 PM
Sold at 73 (not everything!) to put this bear theory to the test.


Title: Re: Be ready for the new crash coming...
Post by: Walsoraj on July 08, 2013, 09:26:01 PM
I won't let it crash.


Title: Re: Be ready for the new crash coming...
Post by: RyNinDaCleM on July 08, 2013, 11:56:06 PM
I won't let it crash.

You keep saying that as if you have a choice


Title: Re: Be ready for the new crash coming...
Post by: carolstreet444 on July 10, 2013, 01:38:04 PM
The coming weekend might be very intresting. It could happen that we'll see another selloff and hit the 60 USD Coin


Title: Re: Be ready for the new crash coming...
Post by: Rygon on July 10, 2013, 02:12:10 PM
It's only Wednesday. Friday is still crash day, right?


Title: Re: Be ready for the new crash coming...
Post by: bitcoin44me on July 10, 2013, 02:33:52 PM
Price is going higher and higher atm


Title: Re: Be ready for the new crash coming...
Post by: JimboToronto on July 10, 2013, 03:12:46 PM
Price is going higher and higher atm

On low volume, except for a couple of whale dumps which represent the largest volume in the last two days.

Perhaps the biggest surprise is that those two dumps occurred and both days' candles are still green.




Title: Re: Be ready for the new crash coming...
Post by: BitPirate on July 10, 2013, 03:36:41 PM
Overall, weekly volume is strong -- getting back gradually to pre-crash levels.

And dumps aren't having lasting price impact. That means one thing: Buying pressure is back ;-)


Title: Re: Be ready for the new crash coming...
Post by: Adrian-x on July 10, 2013, 08:01:05 PM
It's only Wednesday. Friday is still crash day, right?
Mostly random, but manipulated crashes happen over the weekend usually wee hours of the morning (if you are in the US)