Bitcoin Forum

Economy => Speculation => Topic started by: kokjo on January 08, 2012, 11:53:07 AM



Title: Correction?
Post by: kokjo on January 08, 2012, 11:53:07 AM
i think there will be coming a correction soon, maybe we go to 8 or 10 or we are already at the top, but i think that its coming soon.
there have been a massive overbrought for about for about 2-3 weeks, on a daily time frame.
so my opinion is that we will go down soon.

what do you think about this?


Title: Re: Correction?
Post by: ArsenShnurkov on January 08, 2012, 11:57:45 AM
what do you think about this?

It's strategic secret, lol

Sorry, i am a bit nervous today, lol


Title: Re: Correction?
Post by: naima53 on January 08, 2012, 12:37:07 PM
i think there will be coming a correction soon, maybe we go to 8 or 10 or we are already at the top, but i think that its coming soon.
there have been a massive overbrought for about for about 2-3 weeks, on a daily time frame.
so my opinion is that we will go down soon.

what do you think about this?
50\50... But there were 2 attempts of start of the rocket, and no attempt of dump... And it at RSI>50 at all timeframe


Title: Re: Correction?
Post by: kokjo on January 08, 2012, 12:46:36 PM
i think there will be coming a correction soon, maybe we go to 8 or 10 or we are already at the top, but i think that its coming soon.
there have been a massive overbrought for about for about 2-3 weeks, on a daily time frame.
so my opinion is that we will go down soon.

what do you think about this?
50\50... But there were 2 attempts of start of the rocket, and no attempt of dump... And it at RSI>50 at all timeframe
no not on a daily timeframe, its have been overbrouth for at least 2 weeks.
you are either looking at a 15-min-timeframe or a weekly timeframe.


Title: Re: Correction?
Post by: ArsenShnurkov on January 08, 2012, 12:47:10 PM
50\50... But there were 2 attempts of start of the rocket, and no attempt of dump... And it at RSI>50 at all timeframe

Right now it is time of Russian trolls.
Tomorrow EU and US angry birdsbears will wake up,
add more dollars to bitcoinica and revenge.


Title: Re: Correction?
Post by: naima53 on January 08, 2012, 12:50:32 PM
i think there will be coming a correction soon, maybe we go to 8 or 10 or we are already at the top, but i think that its coming soon.
there have been a massive overbrought for about for about 2-3 weeks, on a daily time frame.
so my opinion is that we will go down soon.

what do you think about this?
50\50... But there were 2 attempts of start of the rocket, and no attempt of dump... And it at RSI>50 at all timeframe
no not on a daily timeframe, its have been overbrouth for at least 2 weeks.
you are either looking at a 15-min-timeframe or a weekly timeframe.
all time frame sierra interday bar periods


Title: Re: Correction?
Post by: kokjo on January 08, 2012, 12:56:03 PM
i think there will be coming a correction soon, maybe we go to 8 or 10 or we are already at the top, but i think that its coming soon.
there have been a massive overbrought for about for about 2-3 weeks, on a daily time frame.
so my opinion is that we will go down soon.

what do you think about this?
50\50... But there were 2 attempts of start of the rocket, and no attempt of dump... And it at RSI>50 at all timeframe
no not on a daily timeframe, its have been overbrouth for at least 2 weeks.
you are either looking at a 15-min-timeframe or a weekly timeframe.
all time frame sierra interday bar periods
... http://bitcoincharts.com/charts/mtgoxUSD#rg60ztgSzm1g10zm2g25zxzi1gRSIzv
do you see the red stuff over the 70 line on the RSI indicator?


Title: Re: Correction?
Post by: naima53 on January 08, 2012, 01:00:42 PM
50\50... But there were 2 attempts of start of the rocket, and no attempt of dump... And it at RSI>50 at all timeframe

Right now it is time of Russian trolls.
Tomorrow EU and US angry birdsbears will wake up,
add more dollars to bitcoinica and revenge.

At bears after short sqeeze enauth of money won't sell on 20$ tomorrow on bitcoinica...
Quote
do you see the red stuff over the 70 line on the RSI indicator?
yes. and?


Title: Re: Correction?
Post by: kokjo on January 08, 2012, 01:02:18 PM
Quote
Quote
do you see the red stuff over the 70 line on the RSI indicator?
yes. and?
-> over brought.


Title: Re: Correction?
Post by: naima53 on January 08, 2012, 01:13:21 PM
Quote
Quote
do you see the red stuff over the 70 line on the RSI indicator?
yes. and?
-> over brought.
I think, we will receive the letter and this schedule becomes actual  :D
http://bitcoincharts.com/charts/mtgoxUSD#igWeeklyztgSzbgDza1gSMAzm1g10za2gSMAzm2g25zi1gStochRSIzi2gMACDzi3gSStochzi4gRSIzv (http://bitcoincharts.com/charts/mtgoxUSD#igWeeklyztgSzbgDza1gSMAzm1g10za2gSMAzm2g25zi1gStochRSIzi2gMACDzi3gSStochzi4gRSIzv)


Title: Re: Correction?
Post by: anu on January 08, 2012, 03:00:34 PM
i think there will be coming a correction soon, maybe we go to 8 or 10 or we are already at the top, but i think that its coming soon.
there have been a massive overbrought for about for about 2-3 weeks, on a daily time frame.
so my opinion is that we will go down soon.

what do you think about this?

That will depend whether or not the press starts covering Bitcoin's "revival". If that happens we can see June 2011 all over again, but this time going over $100. If not, you may be right. But either way I doubt that we'll ever see a price under $5 again.


Title: Re: Correction?
Post by: proudhon on January 08, 2012, 03:26:41 PM
Over $1 million in visible orders again.


Title: Re: Correction?
Post by: naima53 on January 08, 2012, 03:52:37 PM
i think there will be coming a correction soon, maybe we go to 8 or 10 or we are already at the top, but i think that its coming soon.
there have been a massive overbrought for about for about 2-3 weeks, on a daily time frame.
so my opinion is that we will go down soon.

what do you think about this?

That will depend whether or not the press starts covering Bitcoin's "revival". If that happens we can see June 2011 all over again, but this time going over $100. If not, you may be right. But either way I doubt that we'll ever see a price under $5 again.
But if panic selling starting, we can see more faster decrease i guess...


Title: Re: Correction?
Post by: anu on January 08, 2012, 05:08:53 PM

But if panic selling starting, we can see more faster decrease i guess...

Fine, I welcome another chance to become a major power in the coming Singularity. Gimme all your Bitcoins.


Title: Re: Correction?
Post by: istar on January 08, 2012, 05:23:37 PM
Press has started?

http://hawaiinewsdaily.com/2012/01/breakout-in-the-bitcoin-race/


Title: Re: Correction?
Post by: cypherdoc on January 08, 2012, 05:26:37 PM
Press has started?

http://hawaiinewsdaily.com/2012/01/breakout-in-the-bitcoin-race/

Nice.

"The big news now is that the new Bitcoin rally will likely be even stronger than the first rally from April 2010 to June 2011."

See, he said it.


Title: Re: Correction?
Post by: notme on January 08, 2012, 05:30:20 PM
Press has started?

http://hawaiinewsdaily.com/2012/01/breakout-in-the-bitcoin-race/

That's just S3502 ensuring his newsletter proves true.


Title: Re: Correction?
Post by: arepo on January 08, 2012, 07:43:10 PM
i think there will be coming a correction soon, maybe we go to 8 or 10 or we are already at the top, but i think that its coming soon.
there have been a massive overbrought for about for about 2-3 weeks, on a daily time frame.
so my opinion is that we will go down soon.

what do you think about this?

+1

RSI and William's both scream overbought. but other indicators are still bullish. i think we haven't hit the ceiling yet. right now we've got a clear ascending triangle -- wait for the Monday trading volume to bring us over the resistance at $7.20 and then we'll sail to $8, break it or bounce. then probably a slight correction, no lower than $7. we're still on our way up, but in fits and starts!  ;D