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xxjs
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January 07, 2013, 04:37:01 AM |
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It has been a while since last time we were above 13.5. Is something beginning to happen at last?
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Thursday
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January 07, 2013, 04:47:22 AM |
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I don't understand how to read these analyst graphs. Can someone explain or link me to something useful?
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1AXBRFK5a8dP7z8T3gb3hvUjm2F6KYFmgS
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notme
Legendary
 Offline
Activity: 1904
Merit: 1002
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January 07, 2013, 05:16:50 AM |
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I don't understand how to read these analyst graphs. Can someone explain or link me to something useful?
In his most recent image, he depicts the possible upcoming scenarios: up, sideways, or down down down. Basically he draws a bunch of lines until he finds something he can use to make a bearish case. |
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RyNinDaCleM
Legendary
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Activity: 2408
Merit: 1009
Legen -wait for it- dary
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January 07, 2013, 06:15:07 AM |
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I don't understand how to read these analyst graphs. Can someone explain or link me to something useful?
In his most recent image, he depicts the possible upcoming scenarios: up, sideways, or down down down. Basically he draws a bunch of lines until he finds something he can use to make a bearish case. ...to add, Blue is more sideways boredom. The first red is just down from here (current price range, whether now or in a few days/weeks) and the second red line is a small rise to ~$14ish (retest the green trend line, wherever it is when the move happens) then down. The stagnation can last for sometime as we are currently seeing and saw at $5 last year. |
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lucif (OP)
Sr. Member
Offline
Activity: 462
Merit: 250
Clown prophet
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January 07, 2013, 04:19:06 PM |
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Yeah. Market has no impulse, no momentum. In such conditions, price just follows MA's. Because MA's have momentum in past. Within such conditions oscillators passively continue their direction. And this one isn't bullish in difference from spring 2012.
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myself
Legendary
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Activity: 938
Merit: 1000
chaos is fun...…damental :)
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January 07, 2013, 04:44:57 PM |
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when the price is trolling around just ignore time and any time based indicators example renko box http://yfrog.com/mm3hsip kagi http://yfrog.com/h2c4nop renko in ticks http://yfrog.com/nzqafap 100k volume http://yfrog.com/kecfwsp have a nice day |
Los desesperados publican que lo inventó el rey que rabió, porque todo son en el rabias y mas rabias, disgustos y mas disgustos, pezares y mas pezares; si el que compra algunas partidas vé que baxan, rabia de haver comprado; si suben, rabia de que no compró mas; si compra, suben, vende, gana y buelan aun á mas alto precio del que ha vendido; rabia de que vendió por menor precio: si no compra ni vende y ván subiendo, rabia de que haviendo tenido impulsos de comprar, no llegó á lograr los impulsos; si van baxando, rabia de que, haviendo tenido amagos de vender, no se resolvió á gozar los amagos; si le dan algun consejo y acierta, rabia de que no se lo dieron antes; si yerra, rabia de que se lo dieron; con que todo son inquietudes, todo arrepentimientos, tododelirios, luchando siempre lo insufrible con lo feliz, lo indomito con lo tranquilo y lo rabioso con lo deleytable.
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lucif (OP)
Sr. Member
Offline
Activity: 462
Merit: 250
Clown prophet
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January 07, 2013, 06:16:13 PM |
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Why I am bearish? I just see that bulls need really huge volume here to break those bearish divergences confirming on MACD, RSI-W and Volume. But RSI is at top. Where to go up from here? Someone explain me pls.  |
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phatsphere
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January 07, 2013, 06:24:44 PM |
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RSI: Where to go up from here?
if you look a bit to the left, it was on top (at max) for quite some time. above you see the green candles. so, it doesn't need to go somewhere from there, it will just stay at the max value or not. we'll see … |
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lucif (OP)
Sr. Member
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Activity: 462
Merit: 250
Clown prophet
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January 07, 2013, 06:29:28 PM |
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yep, but there was no divergences that time.
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lebing
Legendary
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Activity: 1288
Merit: 1000
Enabling the maximal migration
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January 08, 2013, 02:49:01 AM |
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I hope you weren't shorting Lucif  |
Bro, do you even blockchain?
-E Voorhees
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cypherdoc
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Activity: 1764
Merit: 1002
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January 08, 2013, 02:52:56 AM |
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notme
Legendary
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Activity: 1904
Merit: 1002
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January 08, 2013, 02:58:21 AM |
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We're certainly higher than December 18th, but maybe was smart enough to buy back in on the 23rd. Oh wait: |
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pent
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January 08, 2013, 03:01:17 AM |
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lucif (OP)
Sr. Member
Offline
Activity: 462
Merit: 250
Clown prophet
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January 08, 2013, 03:37:11 AM |
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Everyone can see how old support line which became resistance works. It stopped current rally very closely. For a while. Good volume needed to break it up again. I don't call current volume good  Lets see... Here is a potential up to 1430. Since 1430 holds I call it bull trap.  |
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lucif (OP)
Sr. Member
Offline
Activity: 462
Merit: 250
Clown prophet
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January 08, 2013, 03:54:02 AM |
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Adjusted futher 2-3 months target from $5 to $6 according to current situation. Hehe. Will show pic when it pass confirmation Not so long to wait. Current resistance area is at 1390-1430. Old trends, prev highs. |
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lebing
Legendary
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Activity: 1288
Merit: 1000
Enabling the maximal migration
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January 08, 2013, 03:59:06 AM |
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Adjusted futher 2-3 months target from $5 to $6 according to current situation. Hehe. Will show pic when it pass confirmation Not so long to wait. lol you are dreaming bro. |
Bro, do you even blockchain?
-E Voorhees
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lucif (OP)
Sr. Member
Offline
Activity: 462
Merit: 250
Clown prophet
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January 08, 2013, 04:17:26 AM |
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Okay, okay - may be a bit higher, since I exposed it  |
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notme
Legendary
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Activity: 1904
Merit: 1002
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January 08, 2013, 05:52:05 AM |
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Everyone can see how old support line which became resistance works. It stopped current rally very closely. For a while. Good volume needed to break it up again. I don't call current volume good Lets see... Here is a potential up to 1430. Since 1430 holds I call it bull trap. I'll I see looking at volume and price is a petering out of the bears. The bulls are gaining more ground with less volume. Most bears are sold out. |
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lucif (OP)
Sr. Member
Offline
Activity: 462
Merit: 250
Clown prophet
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January 09, 2013, 01:00:07 AM |
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Bulls, I don't beleive you will not break this line. Why so weak? Push, push. We need a push.  |
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notme
Legendary
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Activity: 1904
Merit: 1002
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January 09, 2013, 02:08:02 AM |
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Bulls, I don't beleive you will not break this line. Why so weak? Push, push. We need a push. The rally signs are just starting to flash, give people time to move their money. There is already an increase in bullish volume. |
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