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Sell at 207.61$
Cutting my losses, in case it drops further
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Well done tzupy. Hopefully you made some real trades based on what you've done here  Was this ironic? I made many suboptimal trades, both here and in real life. My last buy here (based on market indicators) was accompanied by a real buy, but that didn't confirm and I soon closed the position. I may get bull trapped in game if a new pump won't start soon. So now I'm taking a risk in game, wait for a pump that may never come, or cut my losses on the next rebound. |
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It would have been a decent gain if I would have woken up 30 minutes earlier, this happened to me before, I panic sold close to the bottom of a small dump.
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No pumps as expected, they are still possible if the market recovers, but the 30 min MACD looks bearish now.
I am staying in fiat and waiting for the signs of a new pump, maybe this time I'll catch it.
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Today's price action resembles the one of November 4th to 7th 2014, but looks artificial - could be because the market moves about 5 - 6 times faster.
To confirm this scenario we should see a double bottom in price and maybe in market indicators, followed by at least another round of pumps.
And 30min MACD should stay positive. Also, 30min PSAR should flip back to bullish.
So far, 30 min MACD divergence flipped to green and 30 min PSAR flipped to bullish, the pumps might follow soon, but I'm too tired, good night. |
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Buy at 210.58$
Huobi started the pump, now Huobi wants to get me bull trapped - in game, because I didn't buy yet for real. Good, someone else will get the 1st position, I was starting to feel uncomfortable. |
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Today's price action resembles the one of November 4th to 7th 2014, but looks artificial - could be because the market moves about 5 - 6 times faster.
To confirm this scenario we should see a double bottom in price and maybe in market indicators, followed by at least another round of pumps.
And 30min MACD should stay positive. Also, 30min PSAR should flip back to bullish.
Do you mean a double bottom at ~150 or a different double bottom? 30 min MACD wouldn't stay positive with a large drop to 150$. I mean a double bottom in this price range. Problem is, I don't know the time scale for it. |
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Today's price action resembles the one of November 4th to 7th 2014, but looks artificial - could be because the market moves about 5 - 6 times faster.
To confirm this scenario we should see a double bottom in price and maybe in market indicators, followed by at least another round of pumps.
And 30min MACD should stay positive. Also, 30min PSAR should flip back to bullish.
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sucker rally.
It's too early to tell, wait and see where it corrects. A bull market also starts with pumps, but this one does look artificial to me. |
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No short squeeze yet, at least on BFX. If the whales would have let the market slip for another 2 - 3 hours,
a downtrend would have gained momentum. On 1h charts price was hugging the lower BB and PSAR had just flipped to bearish.
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...
Anybody know what the price was when the Winkle twins bought in?
Since they bought during 2012, presumably not in one chunk, the price was between 4$ and 15$. PS. I remembered what I wrote some time ago.  Question... The Winklevoss twins say that Bicoins will be worth greater than $100,000... but they decided not to bid on coins they could arguably get below market. Why?
Why buy now? Wait 1 - 2 months and buy then at much lower prices and with little slippage due to huge volume. |
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The OP's count is about a month ahead of my most probable count.
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Sellers getting impatient sooner than I thought. Missed this shorting opportunity.
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Sell at 214.32$
0.56683 * 214.32 = 121.483$
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I think we should wait until true information is discernible from noise.
Now, about the current market, the low volume (so far) looks suspicious. Previously on 5min MACD crossings, we saw pumps.
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I find it hard to believe Karpeles being Satoshi.  |
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