klee (OP)
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November 04, 2015, 06:18:53 PM |
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China is not following. So far we can consider this a healthy correction.
It was becoming ridiculous...
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macsga
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Activity: 1484
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Strange, yet attractive.
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November 04, 2015, 07:20:18 PM |
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China is not following. So far we can consider this a healthy correction.
It was becoming ridiculous...
This is indeed a healthy correction. It was becoming a vertical rise which (IMHO) it's not a "healthy" way to go. The inevitable short-ing was caused by the western exchanges, while China -literally- didn't give a damn. In any case, we're resuming to higher levels from now on. IMHO, that was a nice thing that happened since we basically were heading for 25% daily rise... Kinda scary stuff happens in this territory (aka: unpredictable). |
Chaos could be a form of intelligence we cannot yet understand its complexity.
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klee (OP)
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November 04, 2015, 08:20:24 PM |
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So, as long as we close above 464 (or at least 450+) we are very bullish (based on my last chart that I have bearish resistance, the long term 1d 3%x3 HL).
The 2h HL has given a sell signal, a stop if 437 is broken would be wise...
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podyx
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November 04, 2015, 09:19:30 PM |
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Looks like we ain't closing above $450 unfortunately
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klee (OP)
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November 04, 2015, 09:22:48 PM |
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Looks like we ain't closing above $450 unfortunately
IMO a lower low (435) will definitely settle it... |
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Wexlike
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Activity: 1473
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November 04, 2015, 10:02:37 PM |
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This volatility is a trader's dream.
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klee (OP)
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November 04, 2015, 10:08:00 PM |
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Double bottom at 403.
If the next day BTC is above 450 again, it is extremely bullish..
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BitcoinNewsMagazine
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November 04, 2015, 10:16:01 PM |
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With masterluc taking a break time to learn PnF:)
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klee (OP)
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Activity: 1498
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November 04, 2015, 10:18:59 PM |
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With masterluc taking a break time to learn PnF:)
Lol, why not! Master will come back, it is addictive habbit... |
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klee (OP)
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November 04, 2015, 10:27:28 PM |
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Bitstamp 2h HL, 4x2:  |
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klee (OP)
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November 04, 2015, 10:39:57 PM |
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If 403 breaks it will be a triple bottom break...
As I told before, key level was 464 to hold and then 450.
420 is the previous breakout (after a big dump) so it would be good to hold this level...
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klee (OP)
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November 04, 2015, 10:40:54 PM |
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Broken...
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Fakhoury
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Activity: 1386
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Permabull Bitcoin Investor
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November 04, 2015, 10:56:30 PM |
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Waiting to hear from you  |
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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klee (OP)
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Activity: 1498
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November 04, 2015, 10:58:38 PM |
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Waiting to hear from you I will answer you tomorrow, it was so tiring day!! |
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Fakhoury
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Activity: 1386
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Permabull Bitcoin Investor
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November 04, 2015, 11:12:32 PM |
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Waiting to hear from you I will answer you tomorrow, it was so tiring day!! Sure, tyt |
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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ssmc2
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November 05, 2015, 11:57:02 PM |
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I need my PnF fiiiiiiiix Klee   |
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Wexlike
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Activity: 1473
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November 06, 2015, 01:10:15 AM |
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It's not that difficult to imagine the PnF charts in front of your eyes. The price is hitting the "support" at 366$.
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Wexlike
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November 06, 2015, 08:11:05 PM |
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I just entered again a bitcoin position at 368$. Not even worried if we go down again because of my +72% in the current bubble. I think I learned to stop being greedy in recent run-up, that is a valuable lesson. Sell at 280 or 470(this might change). Part of my new bitcoins goes into cold storage. Thanks Klee for your PnF support. |
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macsga
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Activity: 1484
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Strange, yet attractive.
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November 07, 2015, 07:08:49 PM |
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Nothing too significant for the weekend, we've predicted thus far and talked about it offline with Klee. This period was critical IMHO, in order for the price to go higher. Let's see what happens on Monday!  |
Chaos could be a form of intelligence we cannot yet understand its complexity.
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MR1
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Activity: 927
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November 07, 2015, 08:45:06 PM |
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