Title: Inverse head and shoulder pattern Post by: xyzxyzxyz on February 07, 2014, 05:18:41 PM Inverse head and shoulder pattern forming, on daily chart, after today's sell off. Take the difference between the head (on the 18/12/2013) and the neckline (down sloping trendline from all time high), 1077-382 = 695. Add this to the neckline from the all time high, currently 873 = $1568 target price using bitstamp prices.
1HNcyN7Rd6e65KK3BLomEW3Ur5A6Mj9E7 Title: Re: Inverse head and shoulder pattern Post by: MatTheCat on February 07, 2014, 05:21:25 PM Inverse head and shoulder pattern forming, on daily chart, after today's sell off. Take the difference between the head (on the 18/12/2013) and the neckline (down sloping trendline from all time high), 1077-382 = 695. Add this to the neckline from the all time high, currently 873 = $1568 target price using bitstamp prices. 1HNcyN7Rd6e65KK3BLomEW3Ur5A6Mj9E7 BWAHAHAHAHAHAHAHAHA Title: Re: Inverse head and shoulder pattern Post by: BitcoinAshley on February 07, 2014, 06:18:18 PM Inverse head and shoulder pattern forming, on daily chart, after today's sell off. Take the difference between the head (on the 18/12/2013) and the neckline (down sloping trendline from all time high), 1077-382 = 695. Add this to the neckline from the all time high, currently 873 = $1568 target price using bitstamp prices. 1HNcyN7Rd6e65KK3BLomEW3Ur5A6Mj9E7 WHERE IS YOUR CHART WITH LINES ON IT I refuse to believe this unless you provide a chart with lines drawn on it. EDIT: You can even do it in MSPaint/equiv, just hit "printscrn" to screencap the chart, paste in paint, then draw a line over it, post here. NO EXCUSES. Title: Re: Inverse head and shoulder pattern Post by: JimboToronto on February 07, 2014, 06:28:57 PM Title: Re: Inverse head and shoulder pattern Post by: akujin on February 07, 2014, 09:44:11 PM Title: Re: Inverse head and shoulder pattern Post by: Wyld on February 07, 2014, 09:48:23 PM Looks more like a dinosaur pattern to me.
Title: Re: Inverse head and shoulder pattern Post by: akujin on February 07, 2014, 10:28:12 PM Looks more like a dinosaur pattern to me. That's correct! I sense that you are an intellectual person ;D https://i.imgur.com/71vRCx4.jpg And this is the inverse head and shoulder https://i.imgur.com/wYVJMzV.jpg Title: Re: Inverse head and shoulder pattern Post by: fonzie on February 07, 2014, 10:30:36 PM :D :D :D
Title: Re: Inverse head and shoulder pattern Post by: BitcoinAshley on February 07, 2014, 10:49:27 PM More like "Confirmed." 8) Title: Re: Inverse head and shoulder pattern Post by: c0dex on February 07, 2014, 11:20:05 PM Looks more like a dinosaur pattern to me. That's correct! I sense that you are an intellectual person ;D https://i.imgur.com/71vRCx4.jpg And this is the inverse head and shoulder https://i.imgur.com/wYVJMzV.jpg LOL! Clever! Title: Re: Inverse head and shoulder pattern Post by: Elwar on February 07, 2014, 11:22:51 PM Looks more like a dinosaur pattern to me. That's correct! I sense that you are an intellectual person ;D https://i.imgur.com/71vRCx4.jpg this Title: Re: Inverse head and shoulder pattern Post by: BitcoinAshley on February 08, 2014, 12:47:16 AM Looks more like a dinosaur pattern to me. That's correct! I sense that you are an intellectual person ;D https://i.imgur.com/71vRCx4.jpg this But what if we end up in the claw part? That would be bad, right? Like, all the HODLers would be completely fucked? Title: Re: Inverse head and shoulder pattern Post by: Tirapon on February 08, 2014, 03:04:36 AM Inverse head and shoulders should be upside down:
https://i.imgur.com/kunlc7a.png Now the claw part is at new ATH. HODLers are fine. Title: Re: Inverse head and shoulder pattern Post by: chessnut on February 08, 2014, 03:13:52 AM Somebody give that man a bitcoin! top notch work!
Title: Re: Inverse head and shoulder pattern Post by: BitcoinAshley on February 08, 2014, 04:00:34 AM Excellent TA work in this thread, folks, keep up the good work.
Title: Re: Inverse head and shoulder pattern Post by: JimboToronto on February 08, 2014, 09:53:24 AM WHERE IS YOUR CHART WITH LINES ON IT I refuse to believe this unless you provide a chart with lines drawn on it. http://i664.photobucket.com/albums/vv10/JimboToronto/chart2a.jpg (http://s664.photobucket.com/user/JimboToronto/media/chart2a.jpg.html) LOL :) Title: Re: Inverse head and shoulder pattern Post by: billyjoeallen on February 08, 2014, 03:45:54 PM Title: Re: Inverse head and shoulder pattern Post by: xyzxyzxyz on February 08, 2014, 03:51:14 PM here you go children!
http://i41.photobucket.com/albums/e281/just2100/inverseheadandshoulders_zps3e4c12cd.png (http://s41.photobucket.com/user/just2100/media/inverseheadandshoulders_zps3e4c12cd.png.html) Title: Re: Inverse head and shoulder pattern Post by: knightcoin on February 08, 2014, 04:14:12 PM Looks more like a dinosaur pattern to me. That's correct! I sense that you are an intellectual person ;D https://i.imgur.com/71vRCx4.jpg this But what if we end up in the claw part? That would be bad, right? Like, all the HODLers would be completely fucked? LoL ..... Fantastic Chart lmao :D .. I wish had one of these charts years ago when I took Steve Nison Japanese Candlestick course lol, somebody should contact him ... I bet candlestick analysis is more useful for crypto than fiat ... Title: Re: Inverse head and shoulder pattern Post by: FeedbackLoop on February 08, 2014, 04:25:09 PM here you go children! http://i41.photobucket.com/albums/e281/just2100/inverseheadandshoulders_zps3e4c12cd.png (http://s41.photobucket.com/user/just2100/media/inverseheadandshoulders_zps3e4c12cd.png.html) Must have been an extremely difficult birth the one that put those head and shoulders out in the world. Exposure to Alaskan Fukushima sushi? Akujin's Head and shoulders (highly advised!) neckline looks a bit more in line with the price target. Title: Re: Inverse head and shoulder pattern Post by: Teppino on February 08, 2014, 04:37:28 PM Thanks xyzxyzxyz, it makes sense to me (being the noob i am)
Title: Re: Inverse head and shoulder pattern Post by: BitcoinAshley on February 08, 2014, 10:59:47 PM xyzxyzxyz, you didn't shave the top of that screenshot... are you using winblows? Please don't insult our intelligence... ;D
Everyone knows REAL bitcoin users run linux, or OpenBSD 8) |