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1  Economy / Speculation / bitcommon - BTC/USD - Technical Analysis. on: December 06, 2013, 12:39:16 AM
Going forward all posts will be made under this thread as recommended by one of the moderators. Also, posting the Disclaimer once as part of this thread and it will apply to this thread's life.


SELL hold @ 1191 erased and now BTC is back to trending higher. Up trend intact against 825 (DAILY CLOSE basis STOP)
12/4 CLOSE > 1238 relieved the DAILY & WEEKLY waves SELL signal generated on 12/1/13
+ve development for up trend. This remains true even with today's sell-off once S-1185.75 was broken.

For 12/5 session
S=1057.10/1008.89/962
R=1156.89/1208.47/1232.00

Likely 12/6 range - 1008.89-1232. Below 1008.89 another quick wash out can occur to 800 intraday but DAILY CLOSES should remain above 1000

BTC/USD Cycle Studies - 12/6/13 is an important CIT and could mark the low from where up trend resumes.

> 1423.15 could see BTC go into warp speed higher for the month of December 2013

___________________
Mtgox BTC/USD - Technical Analysis
S=Support
R=Resistance

https://twitter.com/bitcommon



Disclaimer
The statements, opinions and analyses presented in these posts by bitcommon user handle ("I", "We", "Us") are provided as general information and for educational purposes. Opinions, estimates and probabilities expressed herein constitute the judgment of the author as of the date indicated and are subject to change without notice. Nothing contained in these posts is intended to be, not shall it be construed as, investment advice, nor is it to be relied upon in making any investment or other decision. Prior to making any investment decision, you are advised to consult with your broker, investment advisor or other appropriate tax or financial professional to determine the suitability of any investment. Neither bitcommon nor its author "Ro", Editor shall be responsible or have any liability for investment decisions based upon, or the results obtained from, the information provided. Copyright 2011.

Trading in BTC/USD, Bitcoins and Cryptocurrencies involve risks. Trade at your own Risk. Past performance is no guarantee of future results. The content of these posts may not be copied, forwarded or reproduced with a link back or acknowledgement to bitcommon.com or twitter.com/bitcommon
2  Economy / Speculation / Bitcommon - 12/5/13- Technical Analysis. on: December 05, 2013, 01:05:35 AM
Till the time I figure out how to post charts, here is the text version for the 12/5/13 session

SELL hold @ 1191 erased and now BTC is back to trending higher. Up trend intact against 825
12/4 CLOSE > 1238 relieved the DAILY & WEEKLY waves SELL signal generated on 12/1/13
+ve development for up trend

For 12/5 session
S=1185.75/1134.66 (unlikely BTC will attempt 2nd tier of Support in 12/5/13 session)
R=1291.30/1345.76

Likely 12/5 range - 1185.75-1345.76

> 1423.15 could see BTC go into warp speed higher for the month of December 2013
3  Economy / Speculation / Bitcommon - 12/4/13- Technical Analysis. on: December 04, 2013, 02:33:24 PM
Hello All:
I intend to provide free technical analysis for BTC/USD for life (mine :-)) to keep up with the open source theme! I will bringing the rigor of trading models that I have developed over last 13 years for trading E-mini S&P, EUR/USD, GOLD and Crude Oil to BTC/USD.

This is my first post.

This was penned on 12/3 at 9 pm EST for 12/4 session.

SELL hold @ 1191 but up trend intact against 825
12/3 CLOSE > 1146.81 +ve development for up trend, need a close > 1191 for up trend resumption

For 12/3 session
S=1055.29/1007.69
R=1191.63/1206.54

Likely 12/4 range - 1055.29-1259.21
> 1259.21 could see BTC move to 1367.91 real quick.

S= Support
R= Resistance

Questions - PM me.

Look forward to posting here!


- Ro
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