this is a very old secret rocket... very unstable. could go off at any moment  |
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i didn't know you people were even still around. i had a hunch that naima was the one who owned the massive wall last week, as it was suspiciously timed with his "screwed" method (the irony). either that or someone trading on inside information who knew the reuters article was in the works. but naima's been curiously quiet... maybe because the wall hasn't seemed to work -- no rocket yet. perhaps when the next wave up happens he'll come back crowing.
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stop, really. you're just making a fool of yourself and you don't even know it.
Your obvious closed mind and your shameless pride in it is the most foolish thing I have seen on this entire board. aren't we all a little bit of The Fool? Do we ever make any gains truly without any luck? And don't you see the hypocrisy in making such a strong claim while in the same breath denouncing self-assuredness itself? Don't think you know anything so well as this, and maybe I'd heed your 'wisdom'. Also, the fool is a great tarot card. My guess is that anything arepo gained in life was by pure luck.
the Fool is a great card, indeed. |
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oh, thanks for the x-axis  |
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I'm expecting the breakout to happen soon. Meaning that we will break $5.4 - $5.5 and then test $7.2 fairly soon after that. Breakout downwards would be very counter-intuitive taking into account that Bitcoin has had the biggest news coverage in over 6 months. And that coverage has been overall fairly positive I believe.
However I've seen the market do some counter-intuitive stuff before, so anything is possible. We'll have to wait and see.
Thanks Technomage, you continue to be the worst speculator ever. i'm glad i narrowly avoided such an award... You're both wrong. The bubble is gonna be so big, when it all blows over, they'll create a porn version called: Sideways Sally does Boobcoin.
roflmao that's hilarious  |
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don't forget reuters...
or the good wife apples and oranges... apples cause real buying pressure, oranges cause idiots to leverage a long position and give all their money to zhoutong. |
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I liquidated today for a profit of 1.26 USD or 1.381 %. No position now.
Nice (/ lucky) trade. You went short before the asks started building up, which was contrary to the charts, indicators, and sentiment. Though I'm disappointed that it didn't break out, I'm pleased that there wasn't much selling when the winds changed, even though the lack of bids on the order book was nerve-wracking. I take it as further evidence that selling already climaxed, and that the real breakout will be to the upside sooner or later. this. the wall was removed because it was redundant. |
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 Blue= Monthly nasdaq composite close Nov-95 to Feb-2012 Red= Monthly Unadjusted Gold Ounce/USD Jan-1976 to April-1992 Should we use gold to predict Nasdaq? from this graph alone it looks rather like Nasdaq leads gold. |
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down to $4.60, the lowest (lower limit of epic zhoutonging that occurred when the rocket failed to $8), then up past $5! don't forget reuters...
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stop, really. you're just making a fool of yourself and you don't even know it.
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so im trying to liquidate my position, and it was active for 15 minutes without a single 50 BTC increment executing. there is no star on buy or sell... should his be happening? isn't some level of liquidity guaranteed? what actually happens when bitcoinica buys/sells btc for you? it isn't matched at mtgox, so say i placed a limit order -- how much slippage is there going to be? if i sell a few thousand btc with a market order will it affect the mtgox price? and how is the price at which it will execute calculated?
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I sense an incoming rally.
with your psychic powers? the rally has been happening for awhile now... i'm expecting it to top off soon actually. the push to $4.95 and then subsequent retracing back to the support at $4.84 is kind of scary. scary with all that bid on book? lol, you sissy. one should never trade based on depth. that's how you get manipulated |
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I sense an incoming rally.
with your psychic powers? the rally has been happening for awhile now... i'm expecting it to top off soon actually. the push to $4.95 and then subsequent retracing back to the support at $4.84 is kind of scary. |
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go! go! go!
however I fear there is a strong psychological resistance at $1000...
wat? $1000 BTCUSD? |
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only 20k BTC to $5.20 [ :
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the ask side is just withering away. pathetic.
remember the asks when we jumped $5 new years? looked very much like this. and we just saw another bullish breakout. new highs at $4.94. let's get this rocket off the ground! |
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so back to before the thread got hijacked... everyone keeping an eye on the price? since the OP, the RSI consolidated into a descending triangle with the recent price movement to $4.90 appearing like a bullish breakout. still have yet to see overbought on the RSI, which is very good. we have much further up to go.
MFI also consolidating since the OP with a bullish breakout, no red red overbought yet. all of these things are perfectly in line with my prediction, as well as very bullish indicators. I'm already sitting on 1/3% returns on a very highly leveraged position, i hope you guys heeded my advice and are doing as well if not better.
lastly, CCI peaked a second time into overbought but still is unbalanced due to some extreme oversold incidents during the drop from $5.30 to $4.40.
the rocket ain't so secret anymore
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The longer we sit in a flat trading range, the more likely it is that we could break out to the downside, despite the oversold.
disagree. the massive support is allowing a ton of selling pressure to be relieved without affecting the price much. pretty soon the only thing left to do will be buy buy buy. dare i say -- is everyone ready for the rocket? |
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^ No, they do. Also they are not even rules. arepo, is this the secret rocket thing again?  It didn’t work out so well the last five or ten times. this has no relation to the 'secret rocket thing'. all of my analyses are objective and independent. |
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[disclaimer: this analysis only focuses on oscillators]  RSI, Money Flow, and CCI have all been oversold recently. -- RSI shows a strong uptrend. -- Money Flow Index shows a slightly more complex pattern: - since last overbought episode: downtrend, (2); correction; downtrend, (1); correction. for a total of 3 oversold episodes. - the most recent correction is associated with recuperation from the recent crash through the resistance at $4.60 - since then there is a continuation pattern (read: descending triangle) which is almost ready to breakout. - due to the 3 recent oversold episodes, the breakout is likely going to be bullish-- CCI has peaked into overbought territory with the recent movement up to $4.80 for the first time since the recent 30 cent microbubble (shown in chart), having been majorly oversold the entire time since. this is a bull signal. so, double ramp? |
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