Bitcoin Forum

Economy => Speculation => Topic started by: bitcommon on December 05, 2013, 01:05:35 AM



Title: Bitcommon - 12/5/13- Technical Analysis.
Post by: bitcommon on December 05, 2013, 01:05:35 AM
Till the time I figure out how to post charts, here is the text version for the 12/5/13 session

SELL hold @ 1191 erased and now BTC is back to trending higher. Up trend intact against 825
12/4 CLOSE > 1238 relieved the DAILY & WEEKLY waves SELL signal generated on 12/1/13
+ve development for up trend

For 12/5 session
S=1185.75/1134.66 (unlikely BTC will attempt 2nd tier of Support in 12/5/13 session)
R=1291.30/1345.76

Likely 12/5 range - 1185.75-1345.76

> 1423.15 could see BTC go into warp speed higher for the month of December 2013


Title: Re: Bitcommon - 12/5/13- Technical Analysis.
Post by: Bitbuy on December 05, 2013, 07:43:21 AM
It seems like yesterday you were pretty close to the mark, so will definitely see where this is going.
Thanks!


Title: Re: Bitcommon - 12/5/13- Technical Analysis.
Post by: N12 on December 05, 2013, 07:50:56 AM
Please just keep it to one personal thread. One per day clutters up the forum too much.


Title: Re: Bitcommon - 12/5/13- Technical Analysis.
Post by: bitcommon on December 07, 2013, 04:34:48 AM
It seems like yesterday you were pretty close to the mark, so will definitely see where this is going.
Thanks!

Thanks, 12/6 session also hit exact 800 (further lows at 650 on 12/7 bar) - and now CD 12/6 could mark low for the December 2013 correction. I will cover it in the next post.