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Author Topic: PnF TA  (Read 190598 times)
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Fakhoury
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June 30, 2015, 07:46:36 AM
 #121

SAR 284$, triple top resistance 268 (272 to break it):



klee, your predication and speculations please for the crtical mean time.

Quote from:  Satoshi Nakamoto
Feb. 14, 2010: I’m sure that in 20 years there will either be very large transaction volume or no volume.
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darlidada
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June 30, 2015, 09:21:16 AM
Last edit: June 30, 2015, 09:32:06 AM by darlidada
 #122

trading is so easy when we have a machine that predicts the future and you guys to translate its data Cheesy thanks!
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June 30, 2015, 09:28:13 AM
 #123

It is scary how accurate this BULLISH resistance line is:



Intermediate support 242-248$, bullish support line 230-236$

Doom 228$
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June 30, 2015, 09:52:22 AM
 #124

The late great Earl Blumenthal used to say that the first sell signal in an uptrend was really a buy signal..

Shakeout:
A stock forms two tops at a level but does not actually give a double top. This is followed by a double bottom to "shakeout" the weak holders of the stock. The action point to buy on the shakeout pattern is the first three box reversal up after the sell signal. The shakeout pattern is considered complete when the triple top is broken. This pattern must occur above the bullish support line to qualify. Overall a bullish pattern.




Not very possible scenario but why not?  Roll Eyes
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June 30, 2015, 10:15:35 AM
 #125

What can cause a shakeout?

Maybe FBI auction or a deal between Greece and Troika:

https://twitter.com/paulmasonnews/status/615823478353227776
"Greece is considering a new offer from the institutions. Not clear if from Commission only or all 3. Critical issue will be SMP bonds"

It's not safe to hope for the best without preparing for the worst!  Tongue
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July 01, 2015, 08:41:27 AM
 #126

PnF keeps printing money for you:

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July 01, 2015, 09:36:18 AM
 #127

TA does not work in Bitcoin...
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July 01, 2015, 10:32:20 AM
 #128

TA does not work in Bitcoin...

LOL... You don't really mean that, do you? Wink

Chaos could be a form of intelligence we cannot yet understand its complexity.
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July 01, 2015, 10:45:04 AM
 #129

TA does not work in Bitcoin...

LOL... You don't really mean that, do you? Wink
Socrates the Great
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July 01, 2015, 03:41:23 PM
 #130

Puerto Rico is way more important than Greece -

Sorry my Greece friends in this thread.
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July 01, 2015, 03:44:22 PM
 #131

Puerto Rico is way more important than Greece -

Sorry my Greece friends in this thread.

Care to elaborate why?
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July 02, 2015, 08:32:00 AM
 #132

Cleaned up the thread - apologies to macsga, Natalia_AnatolioPAMM and Wexlike..
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July 02, 2015, 12:47:12 PM
 #133

Cleaned up the thread - apologies to macsga, Natalia_AnatolioPAMM and Wexlike..

It's alright, I'll be watching this space even though I don't believe in TA predictions. PnF looks promising though. One question: care about doing the same for a linked-alt? (ie: LTC). It would be nice to compare results.

Cheers.

Chaos could be a form of intelligence we cannot yet understand its complexity.
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July 02, 2015, 09:34:02 PM
 #134

Cleaned up the thread - apologies to macsga, Natalia_AnatolioPAMM and Wexlike..

It's alright, I'll be watching this space even though I don't believe in TA predictions. PnF looks promising though. One question: care about doing the same for a linked-alt? (ie: LTC). It would be nice to compare results.

Cheers.
I will answer to this asap I am very busy last days with this cluster fuck we face here in our country man
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July 03, 2015, 06:07:42 PM
Last edit: July 03, 2015, 07:50:35 PM by klee
 #135

Bitfinex LTCUSD HL:



Take notice how the price stopped exactly on the bearish resistance line (4.25)!!

PnF does not work....

Buy at 4.5, maybe sell at 3.5.

Bullish support 1.25-1.5, stoploss 0.75

If we break 4.5 next resistance 6.5-6.75

EDIT: Forgot to mention something very important - our buy signal (double top break) was at 2.5$. Damn, this is a certain way to lose your money, stay away people!!
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July 05, 2015, 04:33:08 PM
 #136

Quadruple top breakout? This would be really powerful...

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July 05, 2015, 06:08:31 PM
 #137

Resistance is futile:

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July 05, 2015, 08:46:18 PM
 #138

LTCUSD:

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July 08, 2015, 06:51:17 AM
 #139

We hit first support line (264$) - it is a buy zone down to 258 IMO!




Interesting setup for LTCUSD @BTC-e, let's see which direction it will break:



Sell at 4.25$

LTCUSD @Bitfinex:

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July 08, 2015, 06:54:11 AM
Last edit: July 08, 2015, 08:08:22 AM by klee
 #140

I am unlocking this topic, I hope I don't have to delete posts and/or lock it again...
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