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Economy => Speculation => Topic started by: arepo on February 04, 2012, 06:39:21 AM



Title: as requested: short-term BTC analysis; remarks
Post by: arepo on February 04, 2012, 06:39:21 AM
excuse me?


Sorry arepo but Leo in his analysis offers a precise and much more challenging proofs to his opinion than just words like:

Quote from: arepo
price still looking healthy
everyone prepared for the launch?
+1000000

I think Leo is only one person on that forum who has predicted correctly last moving up to 6.20.

excuse me?

No shits were posted. Therefore, you did not predict shit.

as cunicula suggested, i will now post shits [read: a short-term analysis plus charts]

Keeping in mind that throughout the course of this thread (https://bitcointalk.org/index.php?topic=61354.0), i described and comprehensively charted the recent bubble-burst,

and then ended with a prediction of the rise from $5.25 -- now, four days ago.

Quote from: arepo link=topic=61354.msg724814#msg724814 date328047601
guys, let's get back to topic:

imminent knife is imminent.. or.. is it?

nope. almost every indicator has turned around since i made this post. im certain that $5.25 was the bottom, and we're continuing a massive trendline now undisturbed finally from the bubble over 7.


i invested accordingly and am currently holding ($5.90-$5.25)/$5.25 = 12% unrealized returns. how'd you guys do?

anyway:



http://s13.postimage.org/g2e0mzz1z/chart.png

-:-the accumulation/distribution line shows an unbroken uptrend behind the noise of the recent price volatility.

-:-the MACD is rather noisy at this scale, but there is a continuation pattern [read: triangle, for those of you into that, and the acc/dist's bullishness suggests a bullish breakout], and the most recent oscillation appears to be reaching a local minimum, suggesting a micro-term uptrend.

-:-clear reversal in the Average Directional Index (http://stockcharts.com/school/doku.php?id=chart_school:technical_indicators:average_directional_), again suggesting a bullish breakout.

-:-and finally in the Aroon Up/Down (http://stockcharts.com/school/doku.php?id=chart_school:technical_indicators:aroon), a bullish crossover just occurred.

in fact, the stage is set for the realization of my latest prediction:

price still looking healthy, (PVT stable, oscillators resuming an upswing). prediction: next leg up will break the resistance at $6.20.

--arepo

p.s. wait a second, that sounds familiar: price still looking healthy...

could it be that the quote with which i opened this post completely misrepresented me?
excuse me?


Sorry arepo but Leo in his analysis offers a precise and much more challenging proofs to his opinion than just words like:

Quote from: arepo
price still looking healthy
everyone prepared for the launch?
+1000000

shame on you maxll. yeah, you :P


Title: Re: as requested: short-term BTC analysis; remarks
Post by: NamelessOne on February 04, 2012, 06:50:53 AM
Thanks for putting this together.  :D


Title: Re: as requested: short-term BTC analysis; remarks
Post by: adamstgBit on February 04, 2012, 06:56:22 AM
very detailed analysis, I'd bank on it if i had the cash sitting on the exchange... I'm at a tricky spot,  holding nothing but bitcoins i can either, sell now and make some profit, or sell later and make even more PROFIT  8)


Title: Re: as requested: short-term BTC analysis; remarks
Post by: adamstgBit on February 04, 2012, 07:53:42 AM
Quote
i invested accordingly and am currently holding ($5.90-$5.25)/$5.25 = 12% unrealized returns. how'd you guys do?

that's a nice quick lil formula  :D

I'm holding 5.8 5.6 5.2 so (5.90-$5.55)/$5.55 =  7% unrealized returns






Title: Re: as requested: short-term BTC analysis; remarks
Post by: Bro on February 04, 2012, 11:13:06 AM
you think $7 will be destroyed?


Title: Re: as requested: short-term BTC analysis; remarks
Post by: ineededausername on February 04, 2012, 02:18:02 PM
arepo, I generally agree with you.  Bollinger band width is reaching 0.1 again on the hourly chart... this signals a breakout, up or down, and I think it will go up.


Title: Re: as requested: short-term BTC analysis; remarks
Post by: gewure on February 04, 2012, 05:17:03 PM
arepo, I generally agree with you.  Bollinger band width is reaching 0.1 again on the hourly chart... this signals a breakout, up or down, and I think it will go up.

pssst! ..don't kill the magic bollinger-band-width-indicator! :)