PnF TA

[klee]

See this horizontal green line at 26? It is the breakout price that acts as support - I am a buyer there!

Ok, I am confused, as your post says if it breaks 28 it "probably" goes to 15. So you must be buying 26 for a very short term bounce on the way to 15?

But, while I like these charts generally, I have first hand information regarding the fundamentals of this coin. 15k would be a price target for an extended bear run probably lasting months. And that just can not happen in my estimation.

Before I try to explain (with EDIT) here is an update:



Double bottom!

I am posting and then will EDIT it.

EDIT:

So, first of all it is important to note that this is a CLOSE chart so the support/resistances may spike lower/higher respectively.

Now, closing 15m at 28 and below is a bearish catapult which is one of the strongest sell signals in P&F.
This combined with the 15 PO makes me think it is quite probable to have a sell off with a spike even at around 15 area.

But we will close probably around 26 support.

I hope this clarifies it.

Regarding fundamentals, I will not argue but I see now that for 15 it takes around 1.4m GAME to dump with one go (not very likely of course).

My question to you is: do you know ALL game whales with amounts like this? Are you 100% sure that they will not dump in case BTC breaks higher (very probable)?
Just asking, not provoking you.

I'm not trying to provoke either. Thanks for the explanation. And to answer your question, the answer is yes, I do know all those whales. And I know no one is going to dump like that. They are all working full time on the project.

Support holds good so far - if I see a serious BTC dump I will definitely buy again

[RyNinDaCleM]

Support holds good so far - if I see a serious BTC dump I will definitely buy again

Game is one alt that tends to do its own thing completely independent of BTC. It doesn't tend to pump just because BTC dumps or vice versa

[klee]

Support holds good so far - if I see a serious BTC dump I will definitely buy again

Game is one alt that tends to do its own thing completely independent of BTC. It doesn't tend to pump just because BTC dumps or vice versa

I know but I prefer to be safe than sorry!

[RyNinDaCleM]

Support holds good so far - if I see a serious BTC dump I will definitely buy again

Game is one alt that tends to do its own thing completely independent of BTC. It doesn't tend to pump just because BTC dumps or vice versa

I know but I prefer to be safe than sorry!

Absolutely, but likewise, don't just assume a BTC dump will be the right time to buy either

[klee]

Support holds good so far - if I see a serious BTC dump I will definitely buy again

Game is one alt that tends to do its own thing completely independent of BTC. It doesn't tend to pump just because BTC dumps or vice versa

I know but I prefer to be safe than sorry!

Absolutely, but likewise, don't just assume a BTC dump will be the right time to buy either

Yes, you should check GAME chart too!

Which BTW broke down:

[klee]

Support broken - next stop 20s

[Kramerc]

Good call, yet again.

Any update for XMR? I'm expecting .007 and maybe even .004.

[klee]

See this horizontal green line at 26? It is the breakout price that acts as support - I am a buyer there!

Ok, I am confused, as your post says if it breaks 28 it "probably" goes to 15. So you must be buying 26 for a very short term bounce on the way to 15?

But, while I like these charts generally, I have first hand information regarding the fundamentals of this coin. 15k would be a price target for an extended bear run probably lasting months. And that just can not happen in my estimation.

Before I try to explain (with EDIT) here is an update:



Double bottom!

I am posting and then will EDIT it.

EDIT:

So, first of all it is important to note that this is a CLOSE chart so the support/resistances may spike lower/higher respectively.

Now, closing 15m at 28 and below is a bearish catapult which is one of the strongest sell signals in P&F.
This combined with the 15 PO makes me think it is quite probable to have a sell off with a spike even at around 15 area.

But we will close probably around 26 support.

I hope this clarifies it.

Regarding fundamentals, I will not argue but I see now that for 15 it takes around 1.4m GAME to dump with one go (not very likely of course).

My question to you is: do you know ALL game whales with amounts like this? Are you 100% sure that they will not dump in case BTC breaks higher (very probable)?
Just asking, not provoking you.

I'm not trying to provoke either. Thanks for the explanation. And to answer your question, the answer is yes, I do know all those whales. And I know no one is going to dump like that. They are all working full time on the project.

Not to provoke you but:

[Kramerc]

Yep, wanted to give you credit for that call. Good job, especially if you bought the spike.

[windjc]

See this horizontal green line at 26? It is the breakout price that acts as support - I am a buyer there!

Ok, I am confused, as your post says if it breaks 28 it "probably" goes to 15. So you must be buying 26 for a very short term bounce on the way to 15?

But, while I like these charts generally, I have first hand information regarding the fundamentals of this coin. 15k would be a price target for an extended bear run probably lasting months. And that just can not happen in my estimation.

Before I try to explain (with EDIT) here is an update:



Double bottom!

I am posting and then will EDIT it.

EDIT:

So, first of all it is important to note that this is a CLOSE chart so the support/resistances may spike lower/higher respectively.

Now, closing 15m at 28 and below is a bearish catapult which is one of the strongest sell signals in P&F.
This combined with the 15 PO makes me think it is quite probable to have a sell off with a spike even at around 15 area.

But we will close probably around 26 support.

I hope this clarifies it.

Regarding fundamentals, I will not argue but I see now that for 15 it takes around 1.4m GAME to dump with one go (not very likely of course).

My question to you is: do you know ALL game whales with amounts like this? Are you 100% sure that they will not dump in case BTC breaks higher (very probable)?
Just asking, not provoking you.

I'm not trying to provoke either. Thanks for the explanation. And to answer your question, the answer is yes, I do know all those whales. And I know no one is going to dump like that. They are all working full time on the project.

Not to provoke you but:

You're trolling? How was the volume on that dump? 22btc on 30 minute. That's not a whale.  It did cut lower than I expected but looking how it bounced vs other alts, did pretty well imo. Vs. usd held strong.

You get credit in your call even if Bitcoin rise made it possible.

I wonder how dumb traders are though. You sell an alt at 60% discount to buy BTC after it already went up 20%. Now that alt is already 40-50% higher than you dump it at. And BTC needs to go up 3x for you to break even over the discount you just paid on the alt.

Really, how dumb are traders?

[klee]

You are confused - take 2 weeks break and forget about GAME for a while.

Your arguments are so childish I do not know where to start from...

[klee]

NXT:

[klee]

This is where I told people to buy STRAT:

[klee]

Breaking above 975 again in next hours and above 1000$ until Monday, means we are back on track.

[klee]

Monero:



Bad...

[klee]

https://twitter.com/CryptXO/status/846630022475632640

[klee]

Following chart is dedicated to bitcoinpaul:

[klee]

https://twitter.com/CryptXO/status/847725158877904896

[klee]

Regarding Bitcoin, this is the only TA you need:

https://www.tradingview.com/chart/BTCUSD/6yLOE8vM-Chaotic-Attractor-Projection-Model-BTC-USD-Bitstamp/

Via our friend macsga

[klee]