PnF TA

[klee]

4x3 Horizontal Count is 260$.

[1714967886]

1714967886

[1714967886]

1714967886

[klee]

http://qntra.net/2015/09/eyewitness-people-walking-out-of-bitpay-office-in-tears/

[klee]

NASDAQ got beaten hard from BTC this week:

[Bavaria]

Why is this thread moderated?

[Fakhoury]

Why is this thread moderated?

Klee, the thread owner, has activated the "self-moderation" option to have more control over his thread, in order to remove any trolls or posts which tends to change the topics direction.

[klee]

My subscribers will learn in a while why I am bullish on BTC.

[klee]

Hehe...

[tarmi]

good luck to you and your subscribers.

[klee]

good luck to you and your subscribers.

Thank you!

[Wexlike]

Imho, trading the bitcoin market is currently not worth it.

[klee]

As I told yesterday, we are in the beginning of a bull market.

The bearish trendline in the short-to-medium term 1d 2x2 HL has been broken:

[Wexlike]

*eating my hat*

I  just reentered a bitcoin position. The recent move looks quite interesting.

[klee]

*eating my hat*

I  just reentered a bitcoin position. The recent move looks quite interesting.

I was mostly bearish until I saw a long term chart (Bitstamp 1d CLOSE, log scale, 3%x3).

I wish I had made this chart earlier (could not because I just finished the programm that draws CLOSE P&F).

In this chart we bounced twice on a bullish support line (a trendline strengthens every time we bounce at it) so we are still bullish long term!

It initiated from the last bottom (65$) before the rally at 1150$.

Go figure...

[hdbuck]

*eating my hat*

I  just reentered a bitcoin position. The recent move looks quite interesting.

I was mostly bearish until I saw a long term chart (Bitstamp 1d CLOSE, log scale, 3%x3).

I wish I had made this chart earlier (could not because I just finished the programm that draws CLOSE P&F).

In this chart we bounced twice on a bullish support line (a trendline strengthens every time we bounce at it) so we are still bullish long term!

It initiated from the last bottom (65$) before the rally at 1150$.

Go figure...

could you share this chart here?

[klee]

*eating my hat*

I  just reentered a bitcoin position. The recent move looks quite interesting.

I was mostly bearish until I saw a long term chart (Bitstamp 1d CLOSE, log scale, 3%x3).

I wish I had made this chart earlier (could not because I just finished the programm that draws CLOSE P&F).

In this chart we bounced twice on a bullish support line (a trendline strengthens every time we bounce at it) so we are still bullish long term!

It initiated from the last bottom (65$) before the rally at 1150$.

Go figure...

could you share this chart here?

BITSTAMP 1d CLOSE 3%x3


BITSTAMP 1d CLOSE 3%x3 ZOOM



The 1st violation can not be taken into account as valid as it is form a very long distance (the signal was at 315 and it is violated at 178$) and only for 1 box.

In these cases we need about 50% of the column to be in either side of the trendline.

[klee]

Huge accumulation between 215-305.

POs for this chart are:

Vertical 673
Horizontal: 330

I will go with the more conservative one (330) because it is confirmed by the 1st bullish resistance too!!

Because we have daily close, I expect the price to close at 330 area and spike higher, probably in the 340-355 area.

This will take time of course. Or not.

[Gillette]

Huge accumulation between 215-305.

POs for this chart are:

Vertical 673
Horizontal: 330

I will go with the more conservative one (330) because it is confirmed by the 1st bullish resistance too!!

Because we have daily close, I expect the price to close at 330 area and spike higher, probably in the 340-355 area.

This will take time of course. Or not.

What is your prediction about Litecoin?

[klee]

Huge accumulation between 215-305.

POs for this chart are:

Vertical 673
Horizontal: 330

I will go with the more conservative one (330) because it is confirmed by the 1st bullish resistance too!!

Because we have daily close, I expect the price to close at 330 area and spike higher, probably in the 340-355 area.

This will take time of course. Or not.

What is your prediction about Litecoin?

3.8-4.4$

[klee]

Huge accumulation between 215-305.

POs for this chart are:

Vertical 673
Horizontal: 330

I will go with the more conservative one (330) because it is confirmed by the 1st bullish resistance too!!

Because we have daily close, I expect the price to close at 330 area and spike higher, probably in the 340-355 area.

This will take time of course. Or not.

Also at 334-344 we have bearish resistance.

[altcoinUK]

It make sense to be bullish, but it's hard to trade in such a volatile market. Isn't the stops won't be hold and all long positions will be flushed out before it can reach the highs?