Waiting for sub $250 coins.
Daily MACD and divergence are negative, daily PSAR bearish and unlikely to flip soon, price is close to the lower daily BB. So I'd be surprised if we wouldn't see 240$ soon. Actually a healthy dump could reach below 240$. Yes. It is similar situation as it was between 1-9 June this year. But after that: PRICE EXPLODED
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OP is right. Walls on bid side are fake. Down we go.
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Waiting for sub $250 coins.
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Guys better sell now until there will be no one to buy...
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truth is somewhere in the middle...
definitely. I agree that the thin volume moving the price is worrisome, BUT I dont think that "scammers" are holding the price up. Also, he is making a good observation regarding the low volume moving the price, so why the personal attacks? Seems like any time someone makes a bearish observation thats the first thing people do. Are all the holders just mad they missed out on huge profits by not selling at 1k? Thats what it seems like! Indeed, they are just bag holder losers which bought at top of bubble and get pwned. Actually my picture above shows that price is stabilizing. Right red arrow is intentionally so long, to scare speculators. UP we go.
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Correction is over. All facts in my OP still holds.
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When I started this post, I wanted to show off the fact that even though btc was climbinb in price at the time, it was inevitable that btc would crumble back down in price. I was proven right as the price has come down from 315 to 265. Don't you see how prophetic this post is? I am thinking this post will live in fame forever!!!
You are really a visionary. Could you tell me what I will eat tomorrow for lunch?
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My advice:
if you are short term trader, sell now. In two days there is big probability for $245-$250 per BTC.
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Noone wants "cheap" coins for $265...
Down we go again. Hopefully people will like coins for $250 or less.
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What is wrong with bear catapult now. Is it jammed?
Columns may take years to complete, they are not like candle charts. It may go even further down in price or bounce with a new X column. But you would expect it to be a dead cat because of the strong sell. If we breakout 300+ the whole setup was a shakeout but not a textbook one. Here are some examples to see this signal with other assets: http://stockcharts.com/def/servlet/SC.scan?s=TSAL[t.t_eq_s]![as0,20,tv_gt_40000]![yb_eq_1]&report=predefall So you are still bearish? I am because if whale triggered initial drop, it has to buy coins cheaper. But currently there is no volume. Longs are still high. I believe that there should be at least another strong drop. There has to be strong volume at the bottom, otherwise it is not the bottom.
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3d PSAR switched. Pattern is obvious...
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Definitely premature to be cryptasming all over the joint. Yes, price should go to levels before July 2015
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What is wrong with bear catapult now. Is it jammed?
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Nice shakeout. Up we go now.
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Fake bid wall
why are you trolling this forum so much? what's the purpose? To feed fear & greed... yeah but don't u feel bad for the idiots that take your advice and get rekt? I would feel like an ass Its their decision what are they doing... As I said... sometimes I am bear sometimes bull.
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Fake bid wall
why are you trolling this forum so much? what's the purpose? To feed fear & greed...
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People waiting for $250 coins will be disappointed. Not going to happen.
Yar just like the people telling me I wouldn't see my $260 coins a week ago Worked out well that one. $250 coins are expensive. There are way too many longs open...
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