Bitcoin Forum

Economy => Speculation => Topic started by: Elwar on January 25, 2012, 06:45:38 PM



Title: RALLY!!!
Post by: Elwar on January 25, 2012, 06:45:38 PM
Here it goes!!!

UP UP UP!!!

Where it stops, nobody knows!!!


Title: Re: RALLY!!!
Post by: chsados on January 25, 2012, 06:48:00 PM
this forum is garbage!


Title: Re: RALLY!!!
Post by: Elwar on January 25, 2012, 07:03:10 PM
BUY BUY BUY!!!


Title: Re: RALLY!!!
Post by: buck92 on January 25, 2012, 07:04:30 PM
this forum is garbage!

You got it.  Real intelligent conversation is much too rare around here....


Title: Re: RALLY!!!
Post by: StewartJ on January 25, 2012, 07:48:56 PM
Remember what happens when you cut the arm off of a starfish..... it grows baaahhhhckkkkkkk !!!!!!


Title: Re: RALLY!!!
Post by: pent on January 25, 2012, 07:58:06 PM
Mothly RSI just hit 50% from upside. 2m RSI even lower.

Good start point for both rally and falling knife.


Title: Re: RALLY!!!
Post by: Mushoz on February 19, 2012, 07:04:02 PM
Bump  ;D


Title: Re: RALLY!!!
Post by: Mushoz on February 19, 2012, 07:08:00 PM
Ok Bulls, let's take of our sheep ehhhh Bear clothing and chargeeeee! Surprise attack!  ;D


Title: Re: RALLY!!!
Post by: Mushoz on February 19, 2012, 07:09:29 PM
I'm sorry for the spam, but am I the only one who always gets a warm fuzzy feeling once volume starts increasing and the price starts moving? It's strange, I even get it when the price moves against my position. Am I crazy or is this considered normal? :p


Title: Re: RALLY!!!
Post by: waveaddict on February 19, 2012, 07:13:06 PM
Oh, but I know  ;)

Here it goes!!!

UP UP UP!!!

Where it stops, nobody knows!!!


Title: Re: RALLY!!!
Post by: Mushoz on February 19, 2012, 07:14:59 PM
If I happened to have 14k USD under my pillow, I would so buy up that wall.


Title: Re: RALLY!!!
Post by: Bro on February 19, 2012, 07:49:23 PM
can someone explain that micro rally that just happened  :o ?


Title: Re: RALLY!!!
Post by: Mushoz on February 19, 2012, 07:50:21 PM
can someone explain that micro rally that just happened  :o ?

The sun and the moon were aligned just right for a micro rally.


Title: Re: RALLY!!!
Post by: zvs on February 19, 2012, 07:54:08 PM
pharmaceuticals purchase


Title: Re: RALLY!!!
Post by: waveaddict on February 19, 2012, 07:54:46 PM
now now...we can't forget about the comets  ;)

can someone explain that micro rally that just happened  :o ?

The sun and the moon were aligned just right for a micro rally.


Title: Re: RALLY!!!
Post by: Bro on February 19, 2012, 07:55:37 PM
was it you with your newsletter?


Title: Re: RALLY!!!
Post by: waveaddict on February 19, 2012, 07:58:59 PM
you gotta join to find out Bro  :)

was it you with your newsletter?


Title: Re: RALLY!!!
Post by: zvs on February 19, 2012, 07:59:14 PM
triple bottom off the real resistance level

or someone just wanted some adderall


Title: Re: RALLY!!!
Post by: Mushoz on February 19, 2012, 08:00:43 PM
triple bottom off the real resistance level

Surely you mean support?


Title: Re: RALLY!!!
Post by: zvs on February 19, 2012, 08:02:40 PM
triple bottom off the real resistance level

Surely you mean support?

No, I mean resistance

They're interchangeable. 

lol.


Title: Re: RALLY!!!
Post by: Mushoz on February 19, 2012, 08:06:51 PM
triple bottom off the real resistance level

Surely you mean support?

No, I mean resistance

They're interchangeable. 

lol.

Ah, ok. I always noticed support was used for bids and buying, while resistance was used for asks and selling. Didn't know they were interchangeable, I'm kinda new to this technical analysis. Interesting stuff, though!


Title: Re: RALLY!!!
Post by: waveaddict on February 19, 2012, 08:07:51 PM
they are not interchangeable...you were right

triple bottom off the real resistance level

Surely you mean support?

No, I mean resistance

They're interchangeable. 

lol.

Ah, ok. I always noticed support was used for bids and buying, while resistance was used for asks and selling. Didn't know they were interchangeable, I'm kinda new to this technical analysis. Interesting stuff, though!


Title: Re: RALLY!!!
Post by: M4v3R on February 19, 2012, 08:35:35 PM
So much for the rally, I guess ;)


Title: Re: RALLY!!!
Post by: Mushoz on February 19, 2012, 08:40:06 PM
So much for the rally, I guess ;)

Bulls are reloading. It's going to be legen.... wait for it.....DARY! :p


Title: Re: RALLY!!!
Post by: dropt on February 19, 2012, 08:41:22 PM
triple bottom off the real resistance level

Surely you mean support?

No, I mean resistance

They're interchangeable. 

lol.

Ah, ok. I always noticed support was used for bids and buying, while resistance was used for asks and selling. Didn't know they were interchangeable, I'm kinda new to this technical analysis. Interesting stuff, though!

It's more your position and where you want it to go.

- If you want the price to go up: the ask wall is your resistance because until all of those ask orders are filled the price cannot rise.  The buy wall is your support because as long as the bid wall exists the price will not drop below that.

- If you want the price to go down:  The bid wall is your resistance as it's preventing the price from dropping, the ask wall is your support since the price will not go up until that wall dissolves.

Note:  I personally think the bid/ask walls can be used as a minor indicator, but one shouldn't place too much weight or trust on them.  Sometimes bid/ask walls are placed and the person who's placed them does not actually want to trade at the price the walls are at, but merely trying to scare the herd into panic selling or buying.