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Author Topic: PnF TA  (Read 190606 times)
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January 15, 2016, 11:20:30 AM
 #1141

Just entered a bitcoin position again at 407 with half of my trading stash. Somehow I except a further drop below the 400, but on the other hand there could be a possible tripple bottom. Actually I just want to trade again. It was such a boring month of holding Dollars while Bitcoin was moving between my trading range.  Smiley
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January 15, 2016, 11:45:57 AM
 #1142

Just entered a bitcoin position again at 407 with half of my trading stash. Somehow I except a further drop below the 400, but on the other hand there could be a possible tripple bottom. Actually I just want to trade again. It was such a boring month of holding Dollars while Bitcoin was moving between my trading range.  Smiley

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January 15, 2016, 02:18:43 PM
 #1143

Full bitcoin position right now. Finally some action. I just hope the market doesn't drop even more.  Smiley When I look at your PnF chart, it seems that bitcoin even broke the 387 resistance. But it seems to stabilize above the resistance for now. Edit: Maybe its just a dead cat bounce. I exit my position at 374$.
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January 15, 2016, 02:52:37 PM
 #1144

Full bitcoin position right now. Finally some action. I just hope the market doesn't drop even more.  Smiley When I look at your PnF chart, it seems that bitcoin even broke the 387 resistance. But it seems to stabilize above the resistance for now. Edit: Maybe its just a dead cat bounce. I exit my position at 374$.
Make sure you watch the 6h candles because in the above chart this is that matters!

Good luck!

Last line of defence is 317$ (regarding the bullish long term trend). Then bear.

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January 15, 2016, 02:55:14 PM
 #1145

BTC permahodler Macsga, where are you?  Cheesy
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January 15, 2016, 03:02:06 PM
 #1146

BTC permahodler Macsga, where are you?  Cheesy

I can't believe that article of M. Hern did cause all this drama. Still holding... FYI, made a nice BTC profit by trading ETH at 0.0032, (maybe rushed a bit, but "better safe than sorry" works everytime). Still waiting for a small rise on LTC (oversold ATM) - not sure it will happen though.

This kind of movement tend to cause "slingshot" moves, practically overriding every other TA indicator. I don't claim this will be the one, nor I can say for sure where this thing will stop (maybe already did); but I can say for sure that this is a nice price for you to get some...  

Edit:
As an addition, please take a look here: www.marketwatch.com
DOW started with >400 dump... tick tock...

Chaos could be a form of intelligence we cannot yet understand its complexity.
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January 15, 2016, 03:04:41 PM
 #1147

BTC permahodler Macsga, where are you?  Cheesy

I can't believe that article of M. Hern did cause all this drama. Still holding... FYI, made a nice BTC profit by trading ETH at 0.0032, (maybe rushed a bit, but "better safe than sorry" works everytime). Still waiting for a small rise on LTC (oversold ATM) - not sure it will happen though.

This kind of movement tend to cause "slingshot" moves, practically overriding every other TA indicator. I don't claim this will be the one, nor I can say for sure where this thing will stop (maybe already did); but I can say for sure that this is a nice price for you to get some... 
1d RSI not oversold yet, maybe some more drama.

I will keep my fiat until the bears get really nasty again. Or until a triple top break (30m 1%x3).
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January 15, 2016, 05:27:44 PM
 #1148

Mike Hearn caused the flash crash back in August with his pushing XT and now he does it again. The market recovered from August and will recover from this.

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January 15, 2016, 05:36:45 PM
 #1149

Mike Hearn caused the flash crash back in August with his pushing XT and now he does it again. The market recovered from August and will recover from this.

Forkers are in a hurry to fork bitcoin. The FUD is going crescendo whilst approaching the halving.
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January 15, 2016, 08:40:13 PM
 #1150

BTC permahodler Macsga, where are you?  Cheesy

I can't believe that article of M. Hern did cause all this drama. Still holding... FYI, made a nice BTC profit by trading ETH at 0.0032, (maybe rushed a bit, but "better safe than sorry" works everytime). Still waiting for a small rise on LTC (oversold ATM) - not sure it will happen though.

This kind of movement tend to cause "slingshot" moves, practically overriding every other TA indicator. I don't claim this will be the one, nor I can say for sure where this thing will stop (maybe already did); but I can say for sure that this is a nice price for you to get some...  

Edit:
As an addition, please take a look here: www.marketwatch.com
DOW started with >400 dump... tick tock...

Dont let him troll like that, This feels great to me right now.

Why because finally a decision is being made, https://bitcoinclassic.com/ - Look at the support that is happening over the last 24 hours.

Wait now the 1MBers are going to sell, hell no, there is no where else for them to go, someone like MP may threaten but let him sell of his coins and let someone like Andreessen pick up some more.

And YES I AM A FORKER.
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January 15, 2016, 10:02:59 PM
 #1151

BTC permahodler Macsga, where are you?  Cheesy

I can't believe that article of M. Hern did cause all this drama. Still holding... FYI, made a nice BTC profit by trading ETH at 0.0032, (maybe rushed a bit, but "better safe than sorry" works everytime). Still waiting for a small rise on LTC (oversold ATM) - not sure it will happen though.

This kind of movement tend to cause "slingshot" moves, practically overriding every other TA indicator. I don't claim this will be the one, nor I can say for sure where this thing will stop (maybe already did); but I can say for sure that this is a nice price for you to get some...  

Edit:
As an addition, please take a look here: www.marketwatch.com
DOW started with >400 dump... tick tock...

Dont let him troll like that,
Ah, let me enjoy a brief moment of joy, I owe this guy a ton of beers  Cheesy
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January 15, 2016, 10:41:43 PM
 #1152

I assume you are in bitcoin after the last spike down ? Congratulations. Smiley
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January 15, 2016, 10:47:51 PM
 #1153

I assume you are in bitcoin after the last spike down ? Congratulations. Smiley
No, I owe him since the rally at 500$, I was expecting a top at 340!
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January 15, 2016, 11:51:22 PM
 #1154

Can't.. stop.. buying. I took even more fiat to throw on bitcoin. Tbh I am not really trading anymore, I just want to increase my bitcoin position overall. I buy more at 330, and I start crying at sub 300.  Roll Eyes
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January 16, 2016, 12:09:31 AM
 #1155

Can't.. stop.. buying. I took even more fiat to throw on bitcoin. Tbh I am not really trading anymore, I just want to increase my bitcoin position overall. I buy more at 330, and I start crying at sub 300.  Roll Eyes
325-330 is my target too - stop 300.
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January 16, 2016, 12:14:16 AM
 #1156

My target is $200 next Friday if you could make that happen that would be great
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January 19, 2016, 01:45:21 PM
 #1157

Any update from the Greek predictor? Smiley
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January 19, 2016, 02:04:55 PM
 #1158

Any update from the Greek predictor? Smiley

396$ is a buy!
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January 19, 2016, 05:52:58 PM
 #1159

Any update from the Greek predictor? Smiley

396$ is a buy!
If someone is long, 373 is a sell.

Subscribe to get more detailed and timely signals!
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January 20, 2016, 09:58:10 AM
 #1160

The situation is as follows, we double bottomed at 375 after a bounce from the 352.5 low.

If BTC will break 392 now (combined with the fact that we double bottomed) the bounce was not a dead cat and we will test 425-430 area, maybe even 445-450.

On the other hand, below 373 chances are we will test the recent low. Not sure what will happen there, probably we will test 310-320 area.

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