york780
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March 20, 2017, 05:59:18 PM Last edit: March 20, 2017, 07:44:20 PM by york780 |
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I dont believe that the price wil break the parabolic patern. But a right shoulder is possible. I dont know yet what the reason for another panic sell dump will be. Maybe PBOC that will announce new statements about bitcoin this week (expected) or BU that keep increasing like some decease ![Roll Eyes](https://bitcointalk.org/Smileys/default/rolleyes.gif) . This pattern is still correct, it looks a lot like what you are predicting Africoin : https://www.tradingview.com/chart/BTCUSD/ST356mvt-03062334-BITCOIN-BE-PREPARED/I advise you guys to check this out : https://www.tradingview.com/chart/BTCUSD/8ss69KFu-Perfect-Bubble-in-the-making/Bitcoin just went this way, now healthy growth (after Segwit) is a fact if you ask me. No major hype bubbles expected: like ETF approval, China etc. This means organic stable growth. This pattern (dump) is also expected for pump altcoins like: ETH , DASH, ZEC.They are ALL on 'mount stupid' right now (whale created pump) and are likely to collapse ( 50 %) anytime soon. After the crash it would be a good buying oppurtunity just like what occured with Bitcoin. Ethereum and ZEC are likely to have a massive pump because of their cooperation togheter ( zethereum) I am glad that i could help you with your Ethereum interest Africoin! Keep hodling bitcoin now if you ask me unless pattern of the first link will occur. Great work Africoin
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Afrikoin (OP)
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March 20, 2017, 07:07:51 PM |
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Afrikoin (OP)
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March 20, 2017, 07:24:31 PM |
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darlidada
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March 20, 2017, 07:26:57 PM |
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Whales sold so much to the fresh money buying into the eth hype that i can't see them being satisfied with such a small drop. Vinny also conveniently says now he sold 90% of his stash during the etf hype too and now he's mentioning the 337$ number. I doubt we'll see it but i can see a flash crash to 666
trust no one
trust your guts
check this thread daily
all is well
monero will save us
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Afrikoin (OP)
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March 20, 2017, 07:28:09 PM |
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"With the diagonal trendline, 200EMA, and 0.618 fibonacci level showing a strong confluence of support at ~$690, I would expect this to be the return to mean zone should price fall much further to the 50% retracement level at $758." Source: https://bitcoinmagazine.com/articles/bitcoin-price-analysis-preparing-hard-fork-eventualities/
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Afrikoin (OP)
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March 20, 2017, 07:38:59 PM |
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Afrikoin (OP)
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March 20, 2017, 07:39:21 PM |
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RyNinDaCleM
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March 20, 2017, 10:44:38 PM |
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Nasty hidden bear divergence right there. RSI todamoon! ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif)
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wpalczynski
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March 21, 2017, 01:39:30 AM |
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awds1th
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March 21, 2017, 03:25:08 AM |
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it feels like sideways until some bad news. will just hover around $1050 until then
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Afrikoin (OP)
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March 21, 2017, 08:17:47 AM |
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BREAKING: Chinese #bitcoin exchanges asking detailed explanations/proof of customers' fund sources & withdraw destinations.(unconfirmed yet) source: https://twitter.com/cnLedger/status/844095778230435840![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2FC60hX2R.jpg&t=665&c=Sv_ZA9kqANQ8hg)
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quake313
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March 21, 2017, 08:36:21 AM |
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This seems pretty bearish, we still expecting 700ish soon?
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Afrikoin (OP)
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March 21, 2017, 08:44:52 AM |
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This seems pretty bearish, we still expecting 700ish soon? This might be the trigger for a top
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Afrikoin (OP)
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alan watts is all you need
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March 21, 2017, 08:46:20 AM |
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shannen87
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March 21, 2017, 10:37:34 AM |
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This seems pretty bearish, we still expecting 700ish soon? This might be the trigger for a top So, Afrikoin, you think this Chinese news might change the direction and not fall in 700ish soon? I am confused.
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Afrikoin (OP)
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March 21, 2017, 11:24:36 AM |
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This seems pretty bearish, we still expecting 700ish soon? This might be the trigger for a top So, Afrikoin, you think this Chinese news might change the direction and not fall in 700ish soon? I am confused. What i mean by a top is, when some surprisng chinese news comes out, that will mark the end of the current short rise up. Market will head down on Chinese news and fear. "BTC trgt of 1100 remains but expect to dump down to local low after anything the PBoC says this week" source:https://twitter.com/CarpeNoctom/status/844143035671871489
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Dafar
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dafar consulting
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March 21, 2017, 04:23:19 PM |
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Africakorn.... I sold my BTC at $960... I panicked ![Embarrassed](https://bitcointalk.org/Smileys/default/embarrassed.gif) I feel bad, but feeling a little better from your analysis.... hope you're right
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ask
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March 21, 2017, 04:56:32 PM |
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Africakorn.... I sold my BTC at $960... I panicked ![Embarrassed](https://bitcointalk.org/Smileys/default/embarrassed.gif) I feel bad, but feeling a little better from your analysis.... hope you're right http://www.dictionary.com/browse/dummkopf
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york780
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March 21, 2017, 04:59:18 PM |
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Panick selling, i also do that a lot. But on tops and all time high and i panic buy in oversold dips.
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Wexlike
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March 21, 2017, 05:34:14 PM |
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![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2FogIVKwU.png&t=665&c=hT6Q2McI8Yoj6w) Sometimes Fibonacci is just beautiful.
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