PnF TA

[wpalczynski]

But I can disclose something that it is not immediate relevant to PnF (though it can be) - the best chart I have found that works for XMR is the 3d one.

Especially the close prices.

Can you elaborate on close prices?

[klee]

But I can disclose something that it is not immediate relevant to PnF (though it can be) - the best chart I have found that works for XMR is the 3d one.

Especially the close prices.

Can you elaborate on close prices?

You only take into account the closing price of the candle and not the high/low ones.

So you cut off the noise (spikes).

EDIT: Be careful though because this would be a 'slow' interpretation of the chart.

Closing prices are very good for providing solid support resistances but not good for stop loss, take profit and sometimes (not good) for entering positions at breakouts.
Especially for 3d chart.

[wpalczynski]

Thanks.

[Bassica]

ALT coins (with the exception of ETH now and LTC now and in the past) are so illiquid that I decided I will never post again publicly about them a priori.

Only my subscribers will know. I will post signals/analysis only a posteriori.

Because for example a nice buy signal if posted as expected can be easily be gamed into a bull trap.

I do this to protect me, my subscribers and the coins. I hope you guys understand.

That said, XMR is still bullish.

Sad to hear this! Followed this thread with great interest.

I'm interested in a subscription. I'll PM.

[macsga]

ALT coins (with the exception of ETH now and LTC now and in the past) are so illiquid that I decided I will never post again publicly about them a priori.

Only my subscribers will know. I will post signals/analysis only a posteriori.

Because for example a nice buy signal if posted as expected can be easily be gamed into a bull trap.

I do this to protect me, my subscribers and the coins. I hope you guys understand.

That said, XMR is still bullish.

Sad to hear this! Followed this thread with great interest.

I'm interested in a subscription. I'll PM.

IMHO, klee's subscription is far less than what it provides. You won't regret it if you are into trading.

[klee]

20th February:

klee [11:54 AM]
I would strongly recommend to take profit in the 445-455 area.

[hdbuck]

20th February:

klee [11:54 AM]
I would strongly recommend to take profit in the 445-455 area.

Any support Target?

[RyNinDaCleM]

ALT coins (with the exception of ETH now and LTC now and in the past) are so illiquid that I decided I will never post again publicly about them a priori.

Only my subscribers will know. I will post signals/analysis only a posteriori.

Because for example a nice buy signal if posted as expected can be easily be gamed into a bull trap.

I do this to protect me, my subscribers and the coins. I hope you guys understand.

That said, XMR is still bullish.

ah, the perils of public posting...

[klee]

20th February:

klee [11:54 AM]
I would strongly recommend to take profit in the 445-455 area.

Any support Target?

Around 2700 I suppose we will stop, at least temporarily. I expect another leg down somewhere there.

Will get ugly if it breaks 2500.

[hdbuck]

20th February:

klee [11:54 AM]
I would strongly recommend to take profit in the 445-455 area.

Any support Target?

Around 2700 I suppose we will stop, at least temporarily. I expect another leg down somewhere there.

Will get ugly if it breaks 2500.

Thx i would have thought this 3rd failed attempt at breaking 3200 or 450ish would get quite ugly on the downside. So yes watching the 400 380 and 350 supports closely.

[klee]

Meanwhile, someone accumulated COCOA and it is ready for a bullish catapult (2957):

http://stockcharts.com/freecharts/pnf.php?c=%24COCOA,PGPBDANRNO[PA][D][F1!3!1.0!!2!20]

[yugo23]

20th February:

klee [11:54 AM]
I would strongly recommend to take profit in the 445-455 area.

Any support Target?

Around 2700 I suppose we will stop, at least temporarily. I expect another leg down somewhere there.

Will get ugly if it breaks 2500.

Thx i would have thought this 3rd failed attempt at breaking 3200 or 450ish would get quite ugly on the downside. So yes watching the 400 380 and 350 supports closely.

Seems so. Not a good time to be long.
Didn't see the dumps coming though, hope we'll not get an accumalative bubble incoming ><

[klee]

Right now ETH outperforms XMR (which outperforms BTC, which outperforms USD) by 720% !

[BitcoinNewsMagazine]

Right now ETH outperforms XMR (which outperforms BTC, which outperforms USD) by 720% !

You had be excited there for a moment until I had my coffee and checked Ether chart, the 2/12 top still holds. Still showing great profits on paper.

[klee]

Right now ETH outperforms XMR (which outperforms BTC, which outperforms USD) by 720% !

You had be excited there for a moment until I had my coffee and checked Ether chart, the 2/12 top still holds. Still showing great profits on paper.

Yeah...

Not PnF related but...:


klee [12:53 PM]
ETH doom?

[12:54]
https://twitter.com/bitfinex/status/702808430088581120
Bitfinex.com @bitfinex
In response to rumors of us adding ETH trading, we want to clarify that we have no plans of adding ETH at this time. https://www.reddit.com/r/ethtrader/comments/473bc0/breaking_bitfinex_to_add_ethusd_ethbtc_largest/d0budsl
Today at 12:52 PM

[Fatman3001]

Right now ETH outperforms XMR (which outperforms BTC, which outperforms USD) by 720% !

You had be excited there for a moment until I had my coffee and checked Ether chart, the 2/12 top still holds. Still showing great profits on paper.

Yeah...

Not PnF related but...:


klee [12:53 PM]
ETH doom?

[12:54]
https://twitter.com/bitfinex/status/702808430088581120
Bitfinex.com @bitfinex
In response to rumors of us adding ETH trading, we want to clarify that we have no plans of adding ETH at this time. https://www.reddit.com/r/ethtrader/comments/473bc0/breaking_bitfinex_to_add_ethusd_ethbtc_largest/d0budsl
Today at 12:52 PM

Good call

[klee]

Poll: https://twitter.com/CryptXO/status/703560428702420992

[macsga]

Have to give kudos where deserved. Good call once again Klee.

[hdbuck]

so ltc pump has been delayed because eth?

when would be a good call to scoop some ltc?

need to trade a bit im bored

[macsga]

so ltc pump has been delayed because eth?

when would be a good call to scoop some ltc?

need to trade a bit im bored

I expected LTC pump earlier this year (precisely, end of January). It turned out that I earned much more by trading EXP/ETH and could have had MUCH more by buying and holding XMR. If I were you I'd focus on those 2 (XMR/ETH).