|
Weekly MACD cross inevitable.
|
|
|
|
|
Jorge just tried to be funny and smart. Highlight of his overall career here.
|
|
|
|
We are at lower prices.
I will wait for cheaper price under 550 seems OK.. Its bound to test 600 soonish..Yes shroomy i've seen the future  Still waiting? That dude is smokin da crack pipe ..and dropping too much acid for his 600 retest  The future is still ahead, this is just one big whale pushing with borrowed money paying high rates to me  ( $1.5m borrowed yesterday) , $21.5 million in longs currently, the fall gonna be epic.. I hereby revise my prediction: 500 in 2 weeks  If you can't see a double top formation, then you are a greedy delusional bull  Funny that nobody on leverage thinks like you apparently. Shorts (which are dirt cheap right now) are at a record low http://charts-bfxdata.rhcloud.com/bitfinexLiquidityPriceCombinedBTC.phpno reason for a long squeeze in the first place. I wouldn't count the level of longs as something utterly bullish. It means people already borrowed money to bring us where we are, and then there is always a chance of them getting squeezed. I'd love if there's no margin trading on Bitcoin. Them margin traders are reason we haven't pushed through 680 yet, they're covering each 5-10$. |
|
|
|
This market is mental at times. |
|
|
|
Shame, looks like my beautiful cup and handle won't hold  |
|
|
|
|
I had lot of hopes in this one but it might fail if it doesn't shoot up now.
|
|
|
|
|
I've expected this level to be dealt with in this try. Pretty strong resistance at 670-680.
|
|
|
|
1.7.2014 BTC value is X00 USD
x=?
Y? |
|
|
|
false alarm ...move along ...nothing to see here
Testing the waters ...and its a NO
Profit taking in 3..2..1
Crazy to see people going after 10$ profits in such strong bull market. Yes, indeed. You could almost say a lot of Bitcoin traders are complete idiots. Small time traders, that's the problem here. No huge liquidity but lot of people trading with few dollars so they are taking whatever they can. |
|
|
|
|
There are several bigger potential cup and handles forming right now. SOmeone has posted a chart yesterday, there are like 5-6 huge ones. If they happen we're going to explode.
|
|
|
|
false alarm ...move along ...nothing to see here
Testing the waters ...and its a NO
Profit taking in 3..2..1
Crazy to see people going after 10$ profits in such strong bull market. |
|
|
|
Isn't it beautiful?  |
|
|
|
Another quick poll: is there anyone here at all who does not believe that, by 2027, 1 BTC will buy all the wealth in the world?  No responses? Am I the only one here who doesn't have you on ignore? One of rare ones for sure. |
|
|
|
yeah, just noticed it Will you add longer predictions soon? |
|
|
|
uh, it's very bearish |
|
|
|
We're building one nice rounded bottom or potential coup and handle here. Just in time for July rally.  WAT DOES IT MEAN Why so bearish? Just in case...  The empty space is for handle to fit nicely |
|
|
|
It looks like we're building cup and handle on a lower (1h) frame too) right now.  |
|
|
|
Both rounded bottom and coup and handle are very bullish chart patterns. Bigger time frame, then better. If we break 800 there with good volume, either in first attempt or after pullback that would form cup handle, then we might visit a thing called moon |
|
|
|
We're building one nice rounded bottom or potential coup and handle here. Just in time for July rally. |
|
|
|
Then, when it started to look like that didn't derail the rally, some decided to buy back in, creating momentum, so more bought back, etc.
Were you watching how it happened Oda? It was very very strange.  I don't know if it was strange. What I do find strange is how Huobi is now again behind Bitstamp (not sure Chinese sleeping accounts for this). Was yesterday a mere fluctuation in the price delta or have conditions changed again? I'm afraid noone truly knows, not even the Chinese. It's that obvious, huh Yes. Short term trade, went in and out with a net zero. I'm still not 100% convinced we'll break through the ma200 tonight, but there's some real force behind this rally, I can't say otherwise, so being long makes more sense right now. You mean close the candle above SMA200? We're above now. |
|
|
|
|
Show Posts
