Bitcoin Forum

Economy => Speculation => Topic started by: N12 on October 03, 2011, 01:07:51 AM



Title: Animal analysis
Post by: N12 on October 03, 2011, 01:07:51 AM
Since "The Manipulator" postings are welcome here, I too will share some analysis.

Let us first review how the old analysis played out: https://bitcointalk.org/index.php?topic=18471.msg233319#msg233319
As we can see, BTCUSD has indeed had a major trend reversal. The snail pattern was an indication that the reversal would come very slowly with excruciating weeks of "price stability", for example at 17 and 14 USD.

As the months passed, though, we have left the snail behind us. Today, I see another pattern I would like to share:

https://i.imgur.com/A00u3.png

Looking at the MACD it becomes apparent that we are currently undergoing a BIRDISH DIVERGENCE (as can be seen on bird I in red). The MACD with the stretching wings indicates that the bird is ready for liftoff, which can serve as a leading indicator, because the bird in price has not yet followed.

More importantly, we are currently in a trend change from SUMMER to AUTUMN. As soon as autumn comes, it will force the birds to take off and head south, possibly having great influence on the Bitcoin price.

Furthermore, bird I and II are mating, making a great quantity of future birds a strong possibility.

Initial target is 35-60.


Title: Re: Animal analysis
Post by: proudhon on October 03, 2011, 01:19:39 AM
This is a wonderful analysis.  I approve.


Title: Re: Animal analysis
Post by: SlaveInDebt on October 03, 2011, 01:23:12 AM
There seems to be an absence of a certain, ornithological piece, a heading line regarding mass awareness of a certain avian variety!

http://youtu.be/2WNrx2jq184


Title: Re: Animal analysis
Post by: grod on October 03, 2011, 06:53:22 PM
And if you look at that on a log chart it looks like preradactyls eating pretzels while juggling elephants who are themselves rolling on giant beach balls.

I'd say your target is conservative.   I get $50,000 per BTC by next monday from that chart.  BUY BUY BUY.  Moar money needed nao.



Title: Re: Animal analysis
Post by: Gabi on October 03, 2011, 08:41:46 PM
I approve that analysis


Title: Re: Animal analysis
Post by: S3052 on October 03, 2011, 09:25:33 PM
Could we also consider kitchen/dish analysis?

There is the cup&handle pattern!

http://stockcharts.com/school/data/media/chart_school/chart_analysis/chart_patterns/cuphandle-jbl.png


Title: Re: Animal analysis
Post by: oakpacific on October 03, 2011, 09:34:44 PM
So when will will this pattern morph into the "angry bird on slingshot" pattern?
Since "The Manipulator" postings are welcome here, I too will share some analysis.

Let us first review how the old analysis played out: https://bitcointalk.org/index.php?topic=18471.msg233319#msg233319
As we can see, BTCUSD has indeed had a major trend reversal. The snail pattern was an indication that the reversal would come very slowly with excruciating weeks of "price stability", for example at 17 and 14 USD.

As the months passed, though, we have left the snail behind us. Today, I see another pattern I would like to share:

https://i.imgur.com/A00u3.png

Looking at the MACD it becomes apparent that we are currently undergoing a BIRDISH DIVERGENCE (as can be seen on bird I in red). The MACD with the stretching wings indicates that the bird is ready for liftoff, which can serve as a leading indicator, because the bird in price has not yet followed.

More importantly, we are currently in a trend change from SUMMER to AUTUMN. As soon as autumn comes, it will force the birds to take off and head south, possibly having great influence on the Bitcoin price.

Furthermore, bird I and II are mating, making a great quantity of future birds a strong possibility.

Initial target is 35-60.