Bitcoin Forum

Economy => Speculation => Topic started by: BLKMined on November 14, 2014, 05:41:55 PM



Title: BTC/USD
Post by: BLKMined on November 14, 2014, 05:41:55 PM
As of right now 14th Nov 2014 9:30am by observing the daily-chart on trading view I can see that we are heading towards a strong uptrend are we not? I know that the markets can do what they want when they want but 4rm a Bollinger(indicator)band point of view it looks as thgh the market will trade sideways for a bit then continue to rise And on the MACD side of things the red MACD-Line is above the Centerline(0) - By observing the 4hr chart the red MACD Line is Well Above the Centerline while seeing the histogram bars below the center thus indicating a correction, a pull down to support - So, I would think it would be safe to say that we are in for a treat!
Let me know some of you all thoughts if you don't mind....


Title: Re: BTC/USD
Post by: 1Referee on November 14, 2014, 08:08:56 PM
You sound just like CryptoCoinsNews.

When the price goes up, they report "we will see an uptrend from this point"

When the price goes down, they report "we are heading down, where is the bottom"

Always AFTER the price went up or down, why not before?


Title: Re: BTC/USD
Post by: BLKMined on November 15, 2014, 12:30:38 AM
You sound just like CryptoCoinsNews.

When the price goes up, they report "we will see an uptrend from this point"

When the price goes down, they report "we are heading down, where is the bottom"

Always AFTER the price went up or down, why not before?

Had me laughing on that comment - CryptoCoinNews huh! lol I will take that as a compliment.  I've been studying charts via the forex market and it's paying off as I can clearly see(charts) things now.

4rm my reading, most articles will give you a heads-up(prediction) to what might take place so, they do give insight to their best of knowledge.


Title: Re: BTC/USD
Post by: abs350 on November 15, 2014, 02:38:51 PM
Looks like you're wrong pal ...


Title: Re: BTC/USD
Post by: K128kevin2 on November 15, 2014, 03:21:51 PM
Generally when you see an uptrend, after it stops you almost always see some downward movement. Same with the opposite case - when prices fall, they tend to rise again (just to clarify, this is in the case of relatively sudden movements). I've simulated trading partially based on this principle over the past like 5 ish months and it is definitely successful.


Title: Re: BTC/USD
Post by: BLKMined on November 17, 2014, 03:02:55 AM
Looks like you're wrong pal ...

How do you figure I am wrong? It's not over yet! When I made that prediction it wasn't for that day, it was a long-term prediction - As of today 11-16-14  6:56pm I can see so far that the pull-back(like I said) was just a correction and now heading up once again.  And Yes I am quite aware of pullbacks/Resistance - Market will swing up/dwn all day BUT! My prediction is that we head back in the direction of a strong uptrend.
To-Be-Continued...


Title: Re: BTC/USD
Post by: BLKMined on November 17, 2014, 03:52:58 AM
Generally when you see an uptrend, after it stops you almost always see some downward movement. Same with the opposite case - when prices fall, they tend to rise again (just to clarify, this is in the case of relatively sudden movements). I've simulated trading partially based on this principle over the past like 5 ish months and it is definitely successful.

there is no uptrend but downtrend only, lower everyday!
http://bitcoincharts.com/charts/chart.png?width=940&m=bitstampUSD&SubmitButton=Draw&r=360&i=&c=0&s=&e=&Prev=&Next=&t=S&b=&a1=&m1=10&a2=&m2=25&x=0&i1=&i2=&i3=&i4=&v=1&cv=0&ps=0&l=0&p=0&



CheckOut your indicators, preferably the MACD indicator.  You can clearly see both the red MACD Line And The MACD Signal Line OVER the Centerline!  We are in a uptrend.  For how long, that is the question - I predict it will continue over time oppose to the market heading back under:( Which I did want@one point so that I can buy more@a good price but, It's time to go Up is how I'm feel;in:)



Title: Re: BTC/USD
Post by: BLKMined on November 17, 2014, 03:55:38 AM
By the way, I'm having trouble figuring out how to upload Screen-shots here can someone give me assistance?


Title: Re: BTC/USD
Post by: RyNinDaCleM on November 17, 2014, 04:28:32 AM
By the way, I'm having trouble figuring out how to upload Screen-shots here can someone give me assistance?

Use imgur.com
You upload there, then paste the link here between [img] tags


Title: Re: BTC/USD
Post by: BLKMined on November 17, 2014, 04:27:32 PM
By the way, I'm having trouble figuring out how to upload Screen-shots here can someone give me assistance?

Use imgur.com
You upload there, then paste the link here between [img] tags

Very Much Appreciative!


Title: Re: BTC/USD
Post by: BLKMined on December 13, 2014, 05:10:10 AM
Well here I am again with my prediction still enforced(in my opinion).  I believe we will see a slight downtrend until end of next week considering that Major Bitcoin events will be taking place such as the Bitcoin Bowl  - http://www.coindesk.com/bitcoin-ncaa-college-football-bowl-sponsorship-bitpay/.  And you know Bill Gates is one smart cookie So, Major news coming from Mircosoft by the way!  I truly love this bitcoin journey that I am on and for everyone else on it, We Are Blessed! I'm just so glad that I was able to find it early this year so that I can be apart of the new mainstream acceptance coming 2015(starting this year actually with the Bitcoin Bowl - Dec.26th, 2014) knowing what it's about already.  Despite missing out a few years back, we have to continue to remind ourselves that BTCitcoin is still in it's infancy stage. 
like I said  "WE ARE IN FOR A TREAT"!


Title: Re: BTC/USD
Post by: NUFCrichard on December 13, 2014, 10:01:44 AM
I didn't know about the bitcoin bowl, I would rather it was a Bitpay bowl though, commodities and currencies don't generally sponsor events! I don't want it to look cheap.


Title: Re: BTC/USD
Post by: BLKMined on December 18, 2014, 04:09:04 AM
I didn't know about the bitcoin bowl, I would rather it was a Bitpay bowl though, commodities and currencies don't generally sponsor events! I don't want it to look cheap.

Bitpay is Official, It won't look cheap - if anything, BTCitcoin is about to make fiat look cheap