The day to remind today is June 24th.
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This low volume is boring me to death. Drum rolls for phase 3.
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We need a cool off, price went up too fast, in this sub-sub-sub-wave there should be low volume and price would move slowly.
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What goes up shall come down. How low will it go, it depends on how many coins we'll see dumped all at once.
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I plan to sell at the right time, but I don't know yet when that time will be.
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This may sound paranoid, but I start to think that someone is trying to pump up the price on Gox. About 6 hours after overturning a drop, another 2k buy, also in a local drop in money flow. Or maybe just a smart buy? If he is so smart, why didn't he buy at a lower price point? He had the opportunity just 30 minutes ago... And Gox seems to decouple from China, at least for now.
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No, we go up for about 2 - 3 more days IMO. Well, it depends on volume, if it's really high we can peak and crash tomorrow, if it's low we can slowly climb for a week, and then crash.
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What worries me the most is Gox is leading the pump atm. China and stamp are reluctant to move forward. Since Goxusd is stuck, this is skewed.
China is moving up again but slowly, for now. I posted the chart that shows the trend in the China wall thread.
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China is slowly going up again. I left blank space for the next 5 days.
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You just showed you have no idea what I was talking about. And yes, I can't accurately predict the price movement when someone breaks my combo. Shit happens.
So you can accurately predict price movement until you can not? Because the thing "breaking the combo" is the same thing you try to predict. I can predict when there will be a smaller or larger drop or spike in price, and am trying to guesstimate the tops and bottoms. When 'noise' pollutes the waves, that's when my combo breaks. When buyers like me wait for the sellers to finish dumping, they can buy (get hit) with calculated orders and without slippage. Today some other buyers went panic buying in the first half of the drop, maybe they didn't care about slippage.
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oda.krell, I hope you are long now. The drop that marked the end of the second sub-sub-wave of the second sub-wave of wave B was overturned by whales. There should have been at least a 10$ drop, but the whales didn't wait for it to end and bought. That's on Gox. I believe we are going to see the third sub-sub-wave of wave B, and only after that we go down.
Is that the TA formulation for "oops, I was wrong"? Because all I read is Correct. Tzupy prefers blaming others to admitting he can't see the future. You just showed you have no idea what I was talking about. And yes, I can't accurately predict the price movement when someone breaks my combo. Shit happens.
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Didn't you see my previous post? The drop was overturned and now we are going back and forth, because the drop had two stages, and only the first one was overturned by eager small whales. I had my buy order at 198, for the bottom, and now had to buy high. Worse, because I didn't see the bottom, I can't precisely evaluate the slope of the trend we are on for my future trades. In a couple of hours we should resume the uptrend, possibly with a small drop in between.
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Last time I sold at 209.95, IMO 210 was the top on Gox, and now we are going to drop.
Sorry, I was wrong, after the last failed drop that just happened I believe the top will be around 250$. But only if we get enough volume to break resistance levels, and that's up to the whales.
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Only a dumb whale would dump now. We just started a new sub-sub-wave with an overturned drop, so we go up for a while. The big smart whales will let panic buyers get their coins at 250+.
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oda.krell, I hope you are long now. The drop that marked the end of the second sub-sub-wave of the second sub-wave of wave B was overturned by whales. There should have been at least a 10$ drop, but the whales didn't wait for it to end and bought. That's on Gox. I believe we are going to see the third sub-sub-wave of wave B, and only after that we go down.
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Just checked again the EW sub-sub-wave count for this time of the bubble, and there could be another sub-sub-wave, so 5 instead of the 4 we already had. Sorry, I missed that 5th sub-sub-wave. As a consequence, I believe volume could pick up and it's possible to hit 210$, and after that we drop.
I was wrong about the sub-wave we are in. I was counting sub-sub-sub-waves as sub-sub-waves. It's much easier to recognize them after they happen. I believe that now I know exactly where we are, IMO we just finished the second sub-sub-wave of the second sub-wave of wave B (here B means the segment between A and B in the image). We still have one ascending sub-sub-wave till the top. The failed drop that just happened confirms the ascending trend. I better post a picture, IMO we are going to experience 13 below B:
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Oh no, panic buyers broke the 212$, so I didn't sell at the top. But that should be their swan song, in a couple of hours we should go down a bit.
Quoted for historical mockery The drop started as I predicted, but the damn whales didn't wait for it to reach the bottom and bought early. About the panic buyers, I withdraw my statement.
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Oh no, panic buyers broke the 212$, so I didn't sell at the top. But that should be their swan song, in a couple of hours we should go down a bit.
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Of course silver won't outperform bitcoins, not even close, but a trojan can't steal your silver bars. Really? I would like to see your response when you open your door to this dude demanding your silver: LOL. But that's a hoplite or maybe a centurion, and that kind of armor is several centuries younger than the Trojans. And in my country silver bars can't be confiscated at a whim, I live in the EU, which is still not a police state.
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