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Title: Bitcoin Trying to find support at Lower Fibonacci Level Post by: BitcoinTraderFX on December 06, 2013, 06:26:15 PM Title: Re: Bitcoin Trying to find support at Lower Fibonacci Level Post by: BitcoinTraderFX on December 06, 2013, 06:45:11 PM Not looking good. Lower Fib broken with ghusto.
Title: Re: Bitcoin Trying to find support at Lower Fibonacci Level Post by: BitcoinTraderFX on December 06, 2013, 11:59:55 PM Heavy selling coming in again. Pushing 850 and below.
Title: Re: Bitcoin Trying to find support at Lower Fibonacci Level Post by: revans on December 07, 2013, 12:13:02 AM Supports are crumbling beneath it as it approaches. If this was a stock the company behind it would probably be a few days from declaring bankruptcy.
Title: Re: Bitcoin Trying to find support at Lower Fibonacci Level Post by: traderCJ on December 07, 2013, 12:22:28 AM Supports are crumbling beneath it as it approaches. If this was a stock the company behind it would probably be a few days from declaring bankruptcy. Dumbass, we broke through 850 on 11/22. Big whoop. Title: Re: Bitcoin Trying to find support at Lower Fibonacci Level Post by: revans on December 07, 2013, 12:24:35 AM Supports are crumbling beneath it as it approaches. If this was a stock the company behind it would probably be a few days from declaring bankruptcy. Dumbass, we broke through 850 on 11/22. Big whoop. It has a long long way to drop yet based on the chat data. Title: Re: Bitcoin Trying to find support at Lower Fibonacci Level Post by: Ibian on December 07, 2013, 12:25:03 AM /barf
Title: Re: Bitcoin Trying to find support at Lower Fibonacci Level Post by: traderCJ on December 07, 2013, 12:28:38 AM Supports are crumbling beneath it as it approaches. If this was a stock the company behind it would probably be a few days from declaring bankruptcy. Dumbass, we broke through 850 on 11/22. Big whoop. It has a long long way to drop yet based on the chat data. What data Title: Re: Bitcoin Trying to find support at Lower Fibonacci Level Post by: kireinaha on December 07, 2013, 12:55:01 AM Smashed through the lower Fib line, but still holding at 850 somehow. This must be all the bulls in denial? Once we wrap up and shake the dew off the lily, we're heading back down again?
Title: Re: Bitcoin Trying to find support at Lower Fibonacci Level Post by: revans on December 07, 2013, 12:57:00 AM Smashed through the lower Fib line, but still holding at 850 somehow. This must be all the bulls in denial? Once we wrap up and shake the dew off the lily, we're heading back down again? I think there are a lot of very reluctant sellers holding out, I also suspect there are wash trades being used by exchanges to try and support the price Title: Re: Bitcoin Trying to find support at Lower Fibonacci Level Post by: traderCJ on December 07, 2013, 01:00:46 AM It has a long long way to drop yet based on the chat data. What data The chat data! You know, threads on the forum here. Oh right! Hey I found some roadkill outside my house and based on the way its spleen looks, I'd say we're breaking through Fibobullshit level #39 and Ellioidiot wave #53. Title: Re: Bitcoin Trying to find support at Lower Fibonacci Level Post by: sumantso on December 07, 2013, 01:01:21 AM Smashed through the lower Fib line, but still holding at 850 somehow. This must be all the bulls in denial? Once we wrap up and shake the dew off the lily, we're heading back down again? I think there are a lot of very reluctant sellers holding out, I also suspect there are wash trades being used by exchanges to try and support the price What is that? Title: Re: Bitcoin Trying to find support at Lower Fibonacci Level Post by: revans on December 07, 2013, 01:27:38 AM Smashed through the lower Fib line, but still holding at 850 somehow. This must be all the bulls in denial? Once we wrap up and shake the dew off the lily, we're heading back down again? I think there are a lot of very reluctant sellers holding out, I also suspect there are wash trades being used by exchanges to try and support the price What is that? http://en.wikipedia.org/wiki/Wash_trade |
