Bitstamp breakout for the previous rally (fall 2013):  We did BOTH the double top break AND the bearish resistance violation at once when we broke 250... Apple did something similar at 73$ http://stockcharts.com/freecharts/pnf.php?c=AAPL,PVery bullish pattern in P&F.. |
|
|
|
I expected a consolidation in the $240s, but it just doesn't seem like much volume for another big leg up. I hope we stay here if we don't push up.
You guys are crazy. Look at the 12h and daily candle volume--there's a lot of commitment there. Either this is going to reverse in a very quick way or it's the beginning of a larger move up. There's a nice W bottom on the 3d and weekly charts so I think you all know what's coming. |
|
|
|
|
Soon some extra analysis...
|
|
|
|
FREE at last!!  |
|
|
|
If we don't pass 250, we're not in a bull market yet
This! But I think we will hit it... |
|
|
|
We will know soon I suppose |
|
|
|
We burry ourselves in fear |
|
|
|
@TPTB_need_war : how big of a bounce are we talking about ? If there really is a massive surge into safe haven assets as Greece defaults or exits we could go at least to 300, dont you think ?
He did get the collapse to 150+ right!... Klee, I've been following anonymint for a while, I'm already sold. But I am mostly in fiat right now, so I'm wondering if its worth it for me to ride this wave. If its only a move to 250 then we go down, its not worth the stress. From what he said, it would look more like a mini rally than a bulltrap though. Wait for a breakout (250+) and by the correction IMHO |
|
|
|
@TPTB_need_war : how big of a bounce are we talking about ? If there really is a massive surge into safe haven assets as Greece defaults or exits we could go at least to 300, dont you think ?
He did get the collapse to 150+ right!... |
|
|
|
I appended to my post. Re-read.
Yes, I am just commenting it! |
|
|
|
One more X, 3 left for liftoff:  Or doom if we fail here... Why doom specifacily and not a minor dump at this point ? Didn't we find the ground ? Because it is time for a big move... Both of us want this for sure. But how is this decided ? And you mean it's either doom or gloom with no middle ground, right bro ? Careful. Notice those rises are getting smaller, so expect to break $250, yet still expect to break down again to lower lows < $155. Why? Because it is not yet time for the bottom. Remember private assets won't be ready for prime time until after Oct 2015 according to Armstrong's model. If we breakout above 250 and then still collapse lower, I will admit Armstrong's model is the real deal!...  EDIT: This scenario (bull trap) is a valid one you know, BTC whales love to do these kind of stuff! The last P&F movements are full of bull/bear traps.. |
|
|
|
|
Opened a small short just in case...
|
|
|
|
kLee I warned you... check out of the gold collapse
I told you all upthread there would likely be a bounce this June in both gold and BTC but the final lows are still coming. I continue (via Armstrong) to predict every price move. Yet I (and he) get no acknowledgement. Not disagreeing mate  I bought some at 223 and I wait for signal to sell... I see too a pump and new low but only if we fail to violate 250. Then I will short it hard! EDIT: I don't expect lower lows (<155) if we break 250 |
|
|
|
One more X, 3 left for liftoff: Or doom if we fail here... Why doom specifacily and not a minor dump at this point ? Didn't we find the ground ? Because it is time for a big move... Both of us want this for sure. But how is this decided ? And you mean it's either doom or gloom with no middle ground, right bro ? |
|
|
|
|
Show Posts
