So you are saying the next 21 days are critical?
Great observation, I was thinking the same!
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Yes, news lows are probably on horizon
thanks as always for great work! what price range would invalidate prediction of lower lows in your opinion?
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loads of fake asks just been pulled on Stamp and Finex
fake? or just market sold
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False breakout or...?
..... It looks like a iv rising wedge, the impulsive behaviour is diverging which is not consistent with a hypothetical wave iii breakout. the price must stay under 360, and should not register any further highs before wave v comes. If we break a new high today above 354 then I would say yes breakout and buy. Great thoughts, let's see what happens. Keep up the good work!
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*Places buy offer for $26 on BTCe just incase* was a btc-e address the recipient?
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Some action now
Perhaps gearing up for some thursday action
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Correct me if I'm wrong, but I was thinking about this:
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Will we break down from this formation?
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Yeah, was this really IT? Or more to come ...
What IT? Bottom? During last 2 days - YES. You didn't specified timeframe It is big mistake - try to catch "true" bottom and sell at "true" top. It is the best way to loose money because you will never do that. And while you try to do that you loose a lot of money. Nobody perfect. I see price went too far down and buy. I see price went too far up and sell. Indicators, oscillators wave theories helps me to feel the strength of wave to define whether it weak or still strong. I act on weak wave. Weak bearish wave - buy, weak bullish wave - sell. That makes perfect sense Just wondering if you think we will retest the low 275. Or maybe that doesn't matter right now?
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Yeah, was this really IT? Or more to come ...
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Wall is gone
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the next 24 SECONDS are critical!!!
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Where can I see numbers on leveraged longs at finex? Are we gonna see a squeeze?
Here: http://www.bfxdata.com/bitfinexLiquidityPriceCombinedBTC.php4 million USD in shorts. 20 million USD in longs. I have no idea who is keeping their longs open. I don't even know if they are human. Probably totally retarded. Thanks! That is indeed sick
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Where can I see numbers on leveraged longs at finex? Are we gonna see a squeeze?
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I mean WW3.
odds of that happening in your opinion?
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I assume price will not break up bottom BB resistance in two days, so I should say we going down hard. Not really panic I think, but continous downtrend at least until December 2014. With deeps and rips. Volatility returns. Nearest support at around 300-340. interesting times ahead, thank you!
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Master, please shine your light upon us
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