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Title: Triangle breakout Post by: pent on January 07, 2012, 08:34:13 PM Make your bets. Up/Down ? RSI is neutral.
http://img201.imageshack.us/img201/7719/chartea.png (http://imageshack.us/photo/my-images/201/chartea.png/) Title: Re: Triangle breakout Post by: cloon on January 07, 2012, 08:35:48 PM looks like going upwards? :-D
Title: Re: Triangle breakout Post by: cypherdoc on January 07, 2012, 08:45:59 PM aka Bullish Flag
Title: Re: Triangle breakout Post by: cloon on January 07, 2012, 08:49:07 PM remember: the one buying first makes the money
so who wants be the one causing next uptrend? Title: Re: Triangle breakout Post by: zby on January 07, 2012, 08:50:53 PM remember: the one buying first makes the money so who wants be the one causing next uptrend? Well - there are those that bought long time ago. Title: Re: Triangle breakout Post by: ineededausername on January 07, 2012, 08:51:15 PM UP UP UP
What you need to look at is the MACD. edit: MACD, RSI all on uptrends... it's obvious where this is going ;D $8 here we come! Title: Re: Triangle breakout Post by: Crypt_Current on January 07, 2012, 09:04:19 PM This thread needs a poll XD
Title: Re: Triangle breakout Post by: pent on January 07, 2012, 09:05:53 PM remember: the one buying first makes the money Already out of USD! Since $2.6 ;Dso who wants be the one causing next uptrend? Who is the first? )) Title: Re: Triangle breakout Post by: mb300sd on January 07, 2012, 09:07:56 PM I'm back in! All I know is something's getting smashed if I come back from the bars tonight and it went down...
Title: Re: Triangle breakout Post by: randomguy7 on January 07, 2012, 09:09:23 PM Recently lots of people were short on bitcoinica (they were out of bitcoins for further sells). This might result in a nice litte short squeeze ;D.
Title: Re: Triangle breakout Post by: ineededausername on January 07, 2012, 09:13:00 PM Recently lots of people were short on bitcoinica (they were out of bitcoins for further sells). This might result in a nice litte short squeeze ;D. A breakout now would certainly be an unusually massive breakout due to the short squeeze. Title: Re: Triangle breakout Post by: pent on January 07, 2012, 09:16:17 PM Seems that rocket not yet filled with fuel
Title: Re: Triangle breakout Post by: sgbett on January 07, 2012, 09:19:00 PM Daily RSI paints a different picture. I think we have to correct first, originally I thought we would retest $2.20, the strength of the rally and the amount of money that seems to have appeared makes me think we may go no lower than 3, I think there is a lot of bullish interest - any downward spike will be met by serious upward pressure as people will just see it as a buying opportunity (I certainly will!)
Agree that if we break upwards though, it will blow the roof off probably straight up to $12. I'm still not buying more at this price. I'll just hold what I have and wait for better entry. Right now its too risky to bet either way imho. Roll on options at gox!!! Title: Re: Triangle breakout Post by: Crypt_Current on January 07, 2012, 09:21:25 PM I'm back in! All I know is something's getting smashed if I come back from the bars tonight and it went down... Lol so you won't be the only thing that's smashed? ;D Title: Re: Triangle breakout Post by: antoineph on January 07, 2012, 09:22:13 PM Right now its too risky to bet either way imho. Except that every bet you make has a higher chance of influencing the direction. Title: Re: Triangle breakout Post by: ineededausername on January 07, 2012, 09:33:48 PM Who else is watching anxiously, waiting for it to go to $8? ;D
Title: Re: Triangle breakout Post by: mb300sd on January 07, 2012, 09:40:06 PM Who else is watching anxiously, waiting for it to go to $8? ;D +1 Title: Re: Triangle breakout Post by: Crypt_Current on January 07, 2012, 09:40:20 PM Who else is watching anxiously, waiting for it to go to $8? ;D ::: raises both hands ::: LOL and i'll keep them up for when the roller coaster reaches the top Title: Re: Triangle breakout Post by: Wekkel on January 07, 2012, 11:13:11 PM Let it go to $3. At that time, I have enough cash from selling Ebay stuff to join the Year of the Dragon :-*
Title: Re: Triangle breakout Post by: cypherdoc on January 07, 2012, 11:16:31 PM Recently lots of people were short on bitcoinica (they were out of bitcoins for further sells). This might result in a nice litte short squeeze ;D. how recently? Title: Re: Triangle breakout Post by: randomguy7 on January 07, 2012, 11:40:32 PM Recently lots of people were short on bitcoinica (they were out of bitcoins for further sells). This might result in a nice litte short squeeze ;D. how recently? Yesterday, but I don't remember the time, I saw it quite frequently. Title: Re: Triangle breakout Post by: Crypt_Current on January 07, 2012, 11:41:40 PM Recently lots of people were short on bitcoinica (they were out of bitcoins for further sells). This might result in a nice litte short squeeze ;D. how recently? Yesterday, but I don't remember the time, I saw it quite frequently. about 2pm - 6pm Central Standard Time. Might have been longer but that's when I was at it. Title: Re: Triangle breakout Post by: cypherdoc on January 08, 2012, 01:00:21 AM Recently lots of people were short on bitcoinica (they were out of bitcoins for further sells). This might result in a nice litte short squeeze ;D. how recently? Yesterday, but I don't remember the time, I saw it quite frequently. Juicy. Title: Re: Triangle breakout Post by: mb300sd on January 08, 2012, 01:05:26 AM Title: Re: Triangle breakout Post by: ineededausername on January 08, 2012, 01:07:01 AM moment of truth...
Title: Re: Triangle breakout Post by: bittenbob on January 08, 2012, 03:06:04 AM It appears you were right about the breakout... the question now is will these prices sustain, go back down or up. Im hoping up.
Title: Re: Triangle breakout Post by: bittenbob on January 08, 2012, 07:39:05 AM If you do the same analysis on a chart right now I believe it will show another triangle. Are we about to go up to $8 in the next couple of hours?
Title: Re: Triangle breakout Post by: adamstgBit on January 08, 2012, 08:08:17 AM If you do the same analysis on a chart right now I believe it will show another triangle. Are we about to go up to $8 in the next couple of hours? yes anytime between now and 96 hours from now we will suddenly break out to 8.xx Title: Re: Triangle breakout Post by: zby on January 08, 2012, 08:19:15 AM There will be no break out without the newsletter from S3052 :)
Title: Re: Triangle breakout Post by: adamstgBit on January 08, 2012, 09:33:53 AM There will be no break out without the newsletter from S3052. huh, what? Title: Re: Triangle breakout Post by: Serge on January 08, 2012, 10:46:07 AM There will be no break out without the newsletter from S3052. funny) Title: Re: Triangle breakout Post by: zby on January 08, 2012, 10:48:24 AM That was a semi-joke - I added a smilie now to make it evident.
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