Who can spot where this image comes from??
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to be honest, I am at a point where I am not sure anymore if to be a bull or a bear.... the market is just confusing me, the thin order book and the tiny actions going on makes the possibility of going up or going down almost the same... so if you know more beat me to it.
Do you try project your expectations onto the market with realistic time frames and price action? When the market drags on for months, and mood is negative we tend to change our expectations. But if you could have watched this bubble pop in fast forward, would you be surprised by anything yet? not me. This is going to the game plan 100%. I am just so uber bullish right now. Everything is going just fine..... the bottom is a miserable time..... of coarse the order book will be thin and price will be stagnant.
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Never mind Huobi, today Stamp will test the trend. I think it will cut through like a knife.
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so i'm the only bull left?
I'll be with you to the end adam.
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does China have to wake up everyday, last two days been almost painful stagnated It would be a true blessing if china was stagnated. That would mean they have run out of coins to panic sell, and the west can resume pumping.
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test positive. if this is news, then it is very precise.
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If market conditions change, the my market outlook will change. Until then I'm not going to risk losing any more money.
but when your sell orders have been filled up to 700, the market will indeed be changed. the wedge will have broken upwards and the bubble will be looking very similar to the previous ones. dont let it pass you by. As I said, I bought most of my coins for $10. I'm not that greedy. I'll share them all the way to the next market top. good on ya
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If I could have watched this bubble pop in fast forward, nothing at all would have surprised me by now. (except perhaps 102 guy)
Im uber bullish right now.
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that big ol' 666 order is GONE
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If market conditions change, the my market outlook will change. Until then I'm not going to risk losing any more money.
but when your sell orders have been filled up to 700, the market will indeed be changed. the wedge will have broken upwards and the bubble will be looking very similar to the previous ones. dont let it pass you by.
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Another way to look at it is this: if you buy into my sell orders, you'll be buying coins that I picked up for ~$10 three years ago. Those coins might make you money, but not as much as they made me. If price rockets to $600, $700, or higher, you'll still be buying my coins. I guarantee you'll run out of fiat before I run out of bitcoin, Suckers.
when you bought at 550, I thought that was a good move, if not overly ambitious. but why the change? we stalled at the floor and you are bearish now? all the problems in china are short term.
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The test is nigh
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China catching up, less than a 10$ difference
thats important to note. the flow of coins out of china was always going to be finite. this may be a good sign the supply is drying up.
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Nice head fake.
Poor bulls been in solitary confinement for months, any peak of light they're doing jumping jacks. You can go back to your corner now.
Meh, I'd call it a good couple of days trading while being bullish. An increase of $50 with three nice peaks to sell at = a tidy profit for a couple of days trading. +1 the pivots have been pretty easy to call. about as obvious as a car crash. The potential reward from picking the bottom pivot is huge, while Ive been able to scrape together profit from calling 465, 435 and 425 bottoms. The chances that this is the bottom are very good in my opinion. The almighty wedge tells me so. I never had such security with the others. Just the way the market is so shy right now. If the market cannot be decisive, it will not break 400. TeeBone, best not get too comfy Free the mind my good bears. both ways make money.
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I can't do TA as such, I can draw a line on a chart and point out classic 'signs' but I'm not convinced that helps me or anyone. It's interesting to read though.
Its just risk management. It can only work alongside a sound strategy. just like in a game of chess.
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On an intraday scale, China chart is looking bearish now with a false breakout.
Why do you think it's false?
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eugh...I should really be buying.. analyzing is less fun...
great time to buy and HODL. maybe not great time for a day trader. you would need to get in at 425
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It wouldn't surprise me if bitcoin decided to break out of the twodimensional price-time scale into a completely different dimension right now. So many people expect it to fall and so many believe it to rise. Typical bitcoin behaviour is to completely ignore the beliefs of anyone, so I give it a 50% chance right now to break into a 3D chart. But what would the third dimension be? (add X-Files soundtrack here)
If your data pool is people on this forum, then yeah maybe 50/50. but the world outside still thinks that mt.gox broke the software lol (thats if they have heard of it at all)
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Stamp similar.
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