PnF TA

[klee]

4) Fall lower (box at 260). Bearish. Support at around 250. But be extremely careful with longs. If we close below 244 short every bounce. It is going sub 200s.

Why 244? Because in 1d CLOSE we are bullish down to there:

[ask]

http://prntscr.com/7ytx1o

It is not the same.

- compare 50, 100, 200 MA on daily now and then.
- compare 1w PSAR now & then

Your zoom factor is not objective. Why 1d or why 1w? This is the problem with your TA, you see what you wanna see.

What I see in both situations is double top failures, supply took over demand. The price is the ultimate truth. Go hide behind numbers & indicators to avoid the cold hard truth because you are long (I am still neutral).

Yes proudly long 10BTC.

You can hold them in cold storage/paper wallet without bothering at all IMO. Unless we break 210.

I must correct you here. Take your precious time and apply those two indicators on bitcoin history graphs.

I say: Whenever this happened, it was clear sign of strong bull trend in the near future.

If you have other evidence regarding those two indicators I (and lot of others) would be humble to hear opinion from you.

[Afrikoin]

it seems we're in fickle territory. a lot of EMAs and MAs converging here ($270-$300) pushing down on price,potential supports on lower lines), on different time frames - 1 week, 3d, 1d. plus fibonacci level( from $166 to peak).

here is my attempt at all in one chart

[Afrikoin]

http://prntscr.com/7ytx1o

It is not the same.

- compare 50, 100, 200 MA on daily now and then.
- compare 1w PSAR now & then

Your zoom factor is not objective. Why 1d or why 1w? This is the problem with your TA, you see what you wanna see.

What I see in both situations is double top failures, supply took over demand. The price is the ultimate truth. Go hide behind numbers & indicators to avoid the cold hard truth because you are long (I am still neutral).

Yes proudly long 10BTC.

You can hold them in cold storage/paper wallet without bothering at all IMO. Unless we break 210.

I must correct you here. Take your precious time and apply those two indicators on bitcoin history graphs.

I say: Whenever this happened, it was clear sign of strong bull trend in the near future.

If you have other evidence regarding those two indicators I (and lot of others) would be humble to hear opinion from you.

Highlighted. Affecting your bias? Possibly the worst phrase to bring up in an argument about forecasting the future.

Could you Show us some pictures and snips of your charts to elaborate?

NB: I'm indifferent. slight bull bias. butalso watching for any signals down. For me, it remains a possibility

[klee]

[Natalia_AnatolioPAMM]

http://prntscr.com/7ytx1o

It is not the same.

- compare 50, 100, 200 MA on daily now and then.
- compare 1w PSAR now & then

Your zoom factor is not objective. Why 1d or why 1w? This is the problem with your TA, you see what you wanna see.

What I see in both situations is double top failures, supply took over demand. The price is the ultimate truth. Go hide behind numbers & indicators to avoid the cold hard truth because you are long (I am still neutral).

Yes proudly long 10BTC.

You can hold them in cold storage/paper wallet without bothering at all IMO. Unless we break 210.

I must correct you here. Take your precious time and apply those two indicators on bitcoin history graphs.

I say: Whenever this happened, it was clear sign of strong bull trend in the near future.

If you have other evidence regarding those two indicators I (and lot of others) would be humble to hear opinion from you.

Highlighted. Affecting your bias? Possibly the worst phrase to bring up in an argument about forecasting the future.

Could you Show us some pictures and snips of your charts to elaborate?

NB: I'm indifferent. slight bull bias. butalso watching for any signals down. For me, it remains a possibility

Going down does not just remain a possibility, it is actually  going down now

[klee]

Posted already in another thread, the 2$ box reversal:

[Afrikoin]

http://prntscr.com/7ytx1o

It is not the same.

- compare 50, 100, 200 MA on daily now and then.
- compare 1w PSAR now & then

Your zoom factor is not objective. Why 1d or why 1w? This is the problem with your TA, you see what you wanna see.

What I see in both situations is double top failures, supply took over demand. The price is the ultimate truth. Go hide behind numbers & indicators to avoid the cold hard truth because you are long (I am still neutral).

Yes proudly long 10BTC.

You can hold them in cold storage/paper wallet without bothering at all IMO. Unless we break 210.

I must correct you here. Take your precious time and apply those two indicators on bitcoin history graphs.

I say: Whenever this happened, it was clear sign of strong bull trend in the near future.

If you have other evidence regarding those two indicators I (and lot of others) would be humble to hear opinion from you.

Highlighted. Affecting your bias? Possibly the worst phrase to bring up in an argument about forecasting the future.

Could you Show us some pictures and snips of your charts to elaborate?

NB: I'm indifferent. slight bull bias. butalso watching for any signals down. For me, it remains a possibility

Going down does not just remain a possibility, it is actually  going down now

Should have been clear - down to low $ 200s before first having a go at $ 300.

Also see my chart above.

[klee]

280$ hit:



I will buy the 272-276 and 264-266 areas, stop 262.

[klee]

Bought some at 281 (Bitstamp) just in case the bottom is here (xx20-xx25 are S/R in China)

[ask]

Bought some at 281 (Bitstamp) just in case the bottom is here (xx20-xx25 are S/R in China)

You are changing your mind like kid

[klee]

Bought some at 281 (Bitstamp) just in case the bottom is here (xx20-xx25 are S/R in China)

You are changing your mind like kid

I had a great teacher

[klee]

LTC 4.25$:

[klee]

Buying 279$ Finex

[klee]

It is worth mentioning that since it's formation (252 breakout) our bullish support has still to be tested! Right now we are 1 box higher.

[klee]

Next stop 340-345 

[Fakhoury]

Next stop 340-345 

240-245 or reversal "U-Turn" ?

[klee]

Next stop 340-345 

240-245 or reversal "U-Turn" ?

If 272+ holds through the weekend, I expect a triple top breakout at 300$ which will be a huge anal pain for bears...

Had to take this risk!

[ask]

Next stop 340-345 

240-245 or reversal "U-Turn" ?

If 272+ holds through the weekend, I expect a triple top breakout at 300$ which will be a huge anal pain for bears...

Had to take this risk!

That's the word! At the end.. we think the same

[klee]

Next stop 340-345 

240-245 or reversal "U-Turn" ?

If 272+ holds through the weekend, I expect a triple top breakout at 300$ which will be a huge anal pain for bears...

Had to take this risk!

That's the word! At the end.. we think the same

Though I need to see this materializing because it could also turn very bad down to close support (244-255)...