I BEGGED you assholes to dump on the dead cat bounce and buy back when $400 was retested. You could have increased your BTC holdings without spending an extra dime.
Says the asshole who was insulting other people's mums when everybody with half brain could saw it's going below 600$. Fuck off you moron, don't play the smart arse game here.. |
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For all the slack Ed gets, he was spot on a few months ago calling 1K bitcoins massively overpriced.
Not strange by guy who said same when price was 2$  |
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Fairly low volume still, bulls still defying China news.
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Come on, gimme one more bounce  |
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Come on bears! Weak!!!
why is it all bulls are always in total denial in a sell off. There are huge Bear flags forming, the lower trendline from March 4th indicates the price will go sub $380.  I see a cup and handle pattern forming but maybe that's just the bull in me  reversed one? |
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way too much panicking going on lately. Everyone is going to feel really dumb for dumping once the dust settles and we are right back on the rise...
depends at what price coins would be rebought  |
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Shit hitting the fan |
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Forget arrows. On the bottom of this long 3d linear regression channel. We haven't been there for a long, long time.  |
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That's actually the rounded top, one of the most bearish patterns  |
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Here is my picture from 7th April:)  deja vu:) So, we can say now the bot appears on 4H MACD downcross. |
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I'd pay nice money to tradingview if I could automate trades based on indicators signals.
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I'm not thinking in the line of hope of new ATH currently. When it happens, it will happen.
Right now I want China crap to disappear so I could trade 10-15% moves without fear of them jumping on my neck.. until it explodes again.
I have enough capital now to make a nice living from 5-10% monthly profit (well, unless some exchange runs with my money, lol).
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Everyone thinks we're due for a rally now and most people's reasoning includes that there has been a rally every 9 months. "It has happened 4 times, and now it will happen again", right? Well, if you look at a one week candle chart, and you look at the rsi, you will see a divergence in this last rally, indicating that the trend is over. This could be seen all the way back in December.
I don't expect the rally of huge proportions yet but it's only China uncertainty that it keeps it to have a nice 15-20% rise. 1 day charts are not bearish at all, they are on the border of a move up. 1 day chart could break out but right off the bat it's blocked by 3 day charts at 490 and 590 and that downtrend line at 550. It's almost not worth the risk to make the trade, especially when Huobi could just shut down at any day. I agree it's risky and that uncertainty is the reason we haven't moved up already. |
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Everyone thinks we're due for a rally now and most people's reasoning includes that there has been a rally every 9 months. "It has happened 4 times, and now it will happen again", right? Well, if you look at a one week candle chart, and you look at the rsi, you will see a divergence in this last rally, indicating that the trend is over. This could be seen all the way back in December.
I don't expect the rally of huge proportions yet but it's only China uncertainty that keeps us from nice 15-20% rise. 1 day charts are not bearish at all, they are on the border of a move up. |
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It's btc-e bot, it is operating for 10-15 days now at least. On first look pointless bot losing the money but last time it appeared we dropped from 480 to 410 soon.
ouch! for real ? do you remember the time and date it was last seen? March 31st/April 1st. Can't recall it was up after that, certainly not in this kind of 4-5 series. looking at that 480 - 410 drop, the only similarity I can see between now, and then is the 4 hour MACD, they are at very similar stages. and about the same volume. Maybe this is triggering the bot.  EDIT: 4 hour MACD Looks similar, but RSI is way lower so the move down will be smaller, IMHO. Were are already half way down on 4hr RSI and the price stays above 450. Unless something extraordinary happens, the price should not fall below 430 when RSI gets into oversold and bounce again. MACD can try to cross, revert and continue upwards. RSI was pretty similar back then too. Just above 50 back then and few hours ago when it was operating. |
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It's btc-e bot, it is operating for 10-15 days now at least. On first look pointless bot losing the money but last time it appeared we dropped from 480 to 410 soon.
ouch! for real ? do you remember the time and date it was last seen? March 31st/April 1st. Can't recall it was up after that, certainly not in this kind of 4-5 series. looking at that 480 - 410 drop, the only similarity I can see between now, and then is the 4 hour MACD, they are at very similar stages. and about the same volume. Maybe this is triggering the bot. EDIT: 4 hour MACD Hm, nice find... only thing is that it was about at same time CHina news came. If we could only find out if bot was around on 4hr MACD previous down cross. |
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It's btc-e bot, it is operating for 10-15 days now at least. On first look pointless bot losing the money but last time it appeared we dropped from 480 to 410 soon.
ouch! for real ? do you remember the time and date it was last seen? March 31st/April 1st. Can't recall it was up after that, certainly not in this kind of 4-5 series. |
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