Bitcoin Forum

Economy => Speculation => Topic started by: 8up on June 17, 2015, 10:31:02 AM



Title: What to think about the logtrend? - broken/touched/missed???
Post by: 8up on June 17, 2015, 10:31:02 AM
Huobi:
https://i.imgur.com/D6hHGMV.jpg
OkCoin:
https://i.imgur.com/szbXczd.jpg
Btcchina:
https://i.imgur.com/1PeDpTC.jpg
Bitfinex:
https://i.imgur.com/OGOJtYP.jpg
Bitstamp:
https://i.imgur.com/8Nmh2V5.jpg
Btc-e:
https://i.imgur.com/F9zq59q.jpg

The overall picture looks quite bearish for USD (spike + triple top).
https://i.imgur.com/GNW36kE.jpg


Title: Re: What to think about the logtrend? - broken/touched/missed???
Post by: Auxi on June 17, 2015, 10:34:08 AM
touched, we will return to 200s in a few days/weeks


Title: Re: What to think about the logtrend? - broken/touched/missed???
Post by: afbitcoins on June 24, 2015, 05:02:46 PM
Still well below trendline on some markets. I'd say inconclusive, but the break out looks like its in the pipeline.


Title: Re: What to think about the logtrend? - broken/touched/missed???
Post by: tarmi on June 24, 2015, 05:06:18 PM
bitcoin loves fake breakouts.



Title: Re: What to think about the logtrend? - broken/touched/missed???
Post by: emelac on June 24, 2015, 05:16:10 PM
One of the chart guys here was quite enthusiastic about the logtrend until it was pointed out to him that the prices on the BTC/USD charts on Bitstamp and Bitfinex are below it. I'm not a chart guy and I leave it to the experts to decipher what the technicals predict.

Amazing post. I really hope you're right!

Somebody pointed out to me the BTCUSD charts, stamp and finex, which I havent been following lately. Seems like those are in fact firmly under the log trend either way, so Im a bit more conservative now.


Title: Re: What to think about the logtrend? - broken/touched/missed???
Post by: gentlemand on June 24, 2015, 06:08:28 PM
Am I allowed to say that I don't give a shit?

Bots, traders, drug dealers cashing out, enthusiastic first time buyers or sellers, what relevance is this to people looking to transact? No one's going to hold off massive buys or sells for the sake of breaching a lovely line on a graph. Maybe I'm missing something.


Title: Re: What to think about the logtrend? - broken/touched/missed???
Post by: Amph on June 24, 2015, 07:29:33 PM
i can only see that we are acquiring some trust, but we are in the bear tornado yet, although there is still the "you shall not pass" in the 200-220 range, the market it secure against big dumping


Title: Re: What to think about the logtrend? - broken/touched/missed???
Post by: 8up on June 28, 2015, 07:13:59 AM
Huobi penetrating the log downtrend for the 2nd time.

https://i.imgur.com/YLfS1kt.jpg