koryu (OP)
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December 07, 2015, 06:41:51 AM Last edit: December 07, 2015, 07:05:39 AM by koryu |
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it seems like we are back in rally mode, daily sma30 switched to increasing. correction could not bring us below sma10. new weekly candle starts very healthy. 4hour candles with upside potential, old 385 target looks like support now. 420 is my new target within this weeks or already within next days. /e should breaking out up here
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Afrikoin
Legendary
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Activity: 1540
Merit: 1003
alan watts is all you need
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December 07, 2015, 03:53:45 PM |
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How is gold moving?
perhaps a gold chart in BTC prices?
thanx
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elasticband
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Activity: 1036
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Nighty Night Don't Let The Trolls Bite Nom Nom Nom
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December 07, 2015, 06:38:14 PM |
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Watching
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koryu (OP)
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December 09, 2015, 05:59:23 AM Last edit: December 09, 2015, 06:09:35 AM by koryu |
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it seems like we are back in rally mode, daily sma30 switched to increasing. correction could not bring us below sma10. new weekly candle starts very healthy. 4hour candles with upside potential, old 385 target looks like support now. 420 is my new target within this weeks or already within next days. /e should breaking out up here 420 target reached. but the triangle was very scary, bears nearly got me selling. careful now, dont get trapped by fomo.
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The Sceptical Chymist
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Cashback 15%
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December 09, 2015, 06:11:46 AM |
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Fibonacci levels show a channel from $350 to $390 with strong overhead resistance at $430 on Bitstamp: Strong resistance at $430? OK, I want to see if we bust through that in the next day or so. OP, you sound sincere but technical analysis is all palm-reading and voodoo. There's no techie that can tell me how far into the future he can see, and if you look at the list of the richest people in the world...none of them are quants.
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. .HUGE. | | | | | | █▀▀▀▀ █ █ █ █ █ █ █ █ █ █ █ █▄▄▄▄ | ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ . CASINO & SPORTSBOOK ▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄ | ▀▀▀▀█ █ █ █ █ █ █ █ █ █ █ █ ▄▄▄▄█ | | |
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koryu (OP)
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December 09, 2015, 06:43:47 AM |
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Fibonacci levels show a channel from $350 to $390 with strong overhead resistance at $430 on Bitstamp: Strong resistance at $430? OK, I want to see if we bust through that in the next day or so. OP, you sound sincere but technical analysis is all palm-reading and voodoo. There's no techie that can tell me how far into the future he can see, and if you look at the list of the richest people in the world...none of them are quants. I dont know yet. At least I am not confident enough to post any prediction in public. But 4h looks like limited upside so I guess another spike up would not be sustainable. About TA, some indicators work good for bitcoin. But nobody can predict what exactly will happen, like yesterday when the volume disappeared on huobi and okcoin at the same time. Also news can pop up unexepected... but ta can help you to find an entry point for trading, increasing your odds to be on the right side before the next move.
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RoadTrain
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December 09, 2015, 04:12:44 PM |
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Watching, if you don't mind.
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koryu (OP)
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December 10, 2015, 08:04:42 AM Last edit: December 10, 2015, 09:53:57 AM by koryu |
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Watching, if you don't mind.
welcome waiting for the 4h stochrsi to cross (on chinese exchanges). When crossing looking for a matching support and trend line. I guess we will have to test the new trendline to confirm it. With the last wave momentum increased, so if we dont test the new trendline we will have another momentum increase and that would be insane, daily is not ready for a move up higher than 2900cny. so still looking for consolidation over the next hours. /edit possible long term patterns giant triangle vs consolidation triangle vs channel vs increased momentum within channel
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koryu (OP)
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December 12, 2015, 01:26:27 PM Last edit: December 12, 2015, 02:43:36 PM by koryu |
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this was a sick move after the spikes it often goes sideways or slowly down til price hit the ma10. could happen here again. when falling below ma10, keeping an eye on ema50 and ma50 for possible rebound trade. But as long as we are above ma10 everthing is fine. /edit could be a possible channel on 4hour
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koryu (OP)
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December 14, 2015, 04:41:17 PM |
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one last post from me before I will take a little break from posting so much. Actually spend to much time with this stuff... But for the big picture over the next weeks and maybe months keep these retracements levels in mind (silkroad event to ath on chinese exchanges), it may be helpful. I did best with using the huobi chart because lines usually fit perfect.
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maokoto
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December 14, 2015, 11:09:35 PM |
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Great raise in volume lately. So it is going up strong again? I hope yes as I got caught with some higher buying
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