Green lines even when price is declining, I like that! Escher charting. And I think the initial spike is supposed to have a little bit of time warping gangsta lean. |
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We will stabalize @ 447-502 for a shot time (hours) before dropping quickly to ~ 408 where serious resistance will be met.
Is this a fact? Not yet. It is an opinion based on analysis. So far it's close to on target. After an attempt at consolidation here we see a second sharp downturn. This is a good spot to log some puts.. I tend to agree although I dont expect a full retracement, tops 485. short target 420 short term. I think you may be more accurate here. Perhaps in part this is true because the market is starting to desensitize to the china trick a bit. |
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We will stabalize @ 447-502 for a shot time (hours) before dropping quickly to ~ 408 where serious resistance will be met.
Is this a fact? Not yet. It is an opinion based on analysis. So far it's close to on target. After an attempt at consolidation here we see a second sharp downturn. This is a good spot to log some puts.. |
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We will stabalize @ 447-502 for a shot time (hours) before dropping quickly to ~ 408 where serious resistance will be met.
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Curiously, this consolidation cycle has been first to break the cycle of wedges. I like it, a nice deep retracement forebodes well for the future.
I think we are also seeing some nice consolidation @500. The longer it goes on the better imho. For what its worth... you mean "bodes well" since "foerbodes well" is an oxymoron. |
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to pop some bubbles: 3320ish on huobi is the breakout point and would prove the breakout of bearish trend started last year - and thats quite a way to go
*bink* |
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If BTC fails, I am prepared to ride it to the bottom, because I have sold high.
My situation is the inverse equivalent. My smaller pile of coins has exactly zero cost basis. There is no way I wont wait out the dark times, and I'll be with you at the bottom if it comes. You'll be rich, and I'll will have lost nothing. |
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I don't need to say anything. Bitcoinwisdom will show you all you need to know about this "FUD".
Hope you all got out in time.
I bought back in full BTC between 402-409. Money where our talk is then? I am a longterm bull, have been a medium term bear, and am now a short term bull with hopes to put the medium term bear to sleep for a while |
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Looks like we are reversing  That's where I have placed my bets... All in around 407. |
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10,839.95 BTC of BFX shorts forgot to buy the dip to $400?  Perhaps we are going lower. But what if their wish is not granted..  When will the shorts be forced to close? Not until the squeeze. every day that goes by where an exchange does not close deposits or receive warning after the deadline reduces the bears cause to be bears. I'd say no more than 3-4 days is enough to push them out. today is the first day. And then if the exchanges close or partially close, the shorts realize gains and close their positions. Or as time goes by without closure the shorts get sqeezed and exit that way... either way we are in for a short term bump over the next week or two perhaps? |
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10,839.95 BTC of BFX shorts forgot to buy the dip to $400? Perhaps we are going lower. But what if their wish is not granted.. When will the shorts be forced to close? Not until the squeeze. |
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Woof. China almost looks like there's news its so explosive. That's a mighty strong bounce for a dead cat.
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...patronizing statements ...
pots and kettles that's racist Nominated for post of the day. |
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Woke up, missed all the cheap coins.  Gotta say, I hope you don't get a second chance at them. And if you don't... then these are the cheap coins. But I am afraid we see mid 300s within 24-72... please tell me I am wrong. |
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Looks like they are back at it the new accounts with their squeezing tactics. I noticed it stopped playing the game ended lol. I have played a ton lately kept games going and starting them I will not play against brand new accounts every session squeezing and shoving though.
Yeah.. I was at a low limit LO8 table and there were two players doing it. I lost about 3 chips before i figured it out. Hard to believe anyone would waste their time to do that at such tiny stakes, and limit to boot... but it was definitely a pair of squeezing bandits. lol. |
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This feels like a good selling spot ~459 for a quickish trade. I will buy back at ~421 or so within 72hrs.
Original position reclaimed at 423. Profit waiting on sidelines for dip to 409. Or will reinvest if we hold >465. And profits back in at 410. Cross fingers. |
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This feels like a good selling spot ~459 for a quickish trade. I will buy back at ~421 or so within 72hrs.
God damn, risto is a dangerous jungle beast However, despite all this bearish sentiment we are still going down. Why Sorry.. That was a misquote when I was deleting nested quotes. Risto has NOT been suggesting selling. In fact he chided me for being reckless in this case. I got lucky though. |
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How does anything you said pertain to what I said?
My point is... if cheaters are as rampant as you claim why would anyone play at all, much less win? You said "multiaccounting scammers" I assumed you meant you were cheated at a table... or did you ship chips to some unknown player? |
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This feels like a good selling spot ~459 for a quickish trade. I will buy back at ~421 or so within 72hrs.
Original position reclaimed at 423. Profit waiting on sidelines for dip to 409. Or will reinvest if we hold >465. |
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