Okay, I thought SAR and PSAR are something different. Facts: - On weekly chart PSAR will start turning parabollic tomorrow. In bitcoin world this was allways sign for a new bubble.
- On daily chart 50d MA crossed over 200d MA, and 200d MA is below spot price. Financial world describes such event as a golden cross (http://www.stockopedia.com/chart-signals/).
So ask, may I ask you what you say to this? If you magnify dots on your chart you will se that they are connected using convex curve (outward). In our current situation dots are connected using concave curve (inward). If you are short better close position ASAP. Why? Because when movement gets momentum, breakup will be brutal. Better to close short position with small lose and go long, because otherwise shorts will be margin called. It is a race who will be first.
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@ask:
Can you provide me an image of the PSAR?
Here you have. 5 dots are already locked on curve. Last one which was started today is moving. It will be fixed next Monday.
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Facts: - On weekly chart PSAR will start turning parabollic tomorrow. In bitcoin world this was allways sign for a new bubble.
- On daily chart 50d MA crossed over 200d MA, and 200d MA is below spot price. Financial world describes such event as a golden cross (http://www.stockopedia.com/chart-signals/).
- This week we will also see 100d MA crossing over 200d MA and it will stay below 50d MA. It is a perfect storm setup.
How long it will last? Noone knows, but for sure current ATH will be history soon. New ATH ahead. No golden cross, as 200d MA is not heading up right now. You are wrong. It is not necessary that 200d MA is heading up at the moment when 50d MA crosses it. Here is an example:
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Today is Monday & SEPA money transfer works fine...
So everything works as expected for you? Yes
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Today is Monday & SEPA money transfer works fine...
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Guys please stay on topic & don't be offensive. Otherwise I will be forced to lock this thread.
Thx
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In 1:20 hour current spot on 1w PSAR graph will be locked. Spots will be connected using concave curve instead of straight line. Job done.
What does that mean in non trader english?:p Rocket engines to moon started...
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In 1:20 hour current spot on 1w PSAR graph will be locked. Spots will be connected using concave curve instead of straight line. Job done.
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Facts: - On weekly chart PSAR will start turning parabollic tomorrow. In bitcoin world this was allways sign for a new bubble.
- On daily chart 50d MA crossed over 200d MA, and 200d MA is below spot price. Financial world describes such event as a golden cross (http://www.stockopedia.com/chart-signals/).
- This week we will also see 100d MA crossing over 200d MA and it will stay below 50d MA. It is a perfect storm setup.
- About to close back inside the weekly BB
How long it will last? Noone knows, but for sure current ATH will be history soon. New ATH ahead. Wait... That last one isn't very inspiring Next week. Also third is on its way to be done. Any estimates on: 2015 ath 2016 ath 2017 ath ? Dont be too greedy.
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Facts: - On weekly chart PSAR will start turning parabollic tomorrow. In bitcoin world this was allways sign for a new bubble.
- On daily chart 50d MA crossed over 200d MA, and 200d MA is below spot price. Financial world describes such event as a golden cross (http://www.stockopedia.com/chart-signals/).
- This week we will also see 100d MA crossing over 200d MA and it will stay below 50d MA. It is a perfect storm setup.
- About to close back inside the weekly BB
How long it will last? Noone knows, but for sure current ATH will be history soon. New ATH ahead. Wait... That last one isn't very inspiring Next week. Also third is on its way to be done. It is a process.
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RSI on daily graph is very low. Everything works as planned. Prepared for break UP.
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... and most important: trools are not commenting my OP, because post would be on top, therefore I will comment it now and then and take care that everyone will read OP.
I think the trolls are getting more and more wary after we've crossed the 300 barrier 2 times already. They are scared to scream "OP IS WRONG IT WILL CRASH" FUD because they could be proved very very wrong. Yes, I agree with you. They don't need much power to start shorting and pushing price down. But they are aware that: - there are lots of people waiting to pay 250 USD per BTC
- every short needs to be closed once
I am really sorry for them (bears, shorters), but that's life. Once we are on top and after that we are at the bottom.
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Monday coming, will we break up or down?
Or just stay where we are?
This 6 hours will give us the answer. UP.
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Nice thread Ask.
But if you don't mind, how certain you are about this direction ? And when can we expect the lift off ?
I see you are confident enough.
Certain? Only death is 100% certain: In our case I am not 100% but if this tells something to you - I opened long position 10 BTC.
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We can not change the momentum. Even we drop. Direction NNE (Moon) is inevitable. blue = 50MA purple = 200 MA orange = 100 MA (for explanation read OP)
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which means you bought plenty of coins, right? if we maintain the $300 level for some time, i believe we can advance further. that alone is already a more than difficult challenge.
10 coins are in the game. Just for fun.
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If you are willing to bet a nice sum of money on your bs prediction please send me a pm.
No bet, just facts. You can use those facts as you like.
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... and most important: trools are not commenting my OP, because post would be on top, therefore I will comment it now and then and take care that everyone will read OP.
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