Yet another analyst :)

[Kupsi]

looks rather like panic buying of the bears that got trapped

The panic buying hasn't started yet. This will be fun  

[lucif]

I don't see any reason to panic here.

I will panic only with 150k daily and 800k weekly green volume stick - as it can harm this three-ways confirmed divergence.

[lucif]

Update. No volume and momentum still, price continues to blindly follow h/SMA200 and d/sma10,20 direction. Triangle looks invalid. Possible directions included as arrows from here. Nuff said.

Actual:

[lucif]

Enough trolling, lets get to TA back  

Currently still testing this resistance line. No success still. Also note on macd,rsi daily bearish divergence forming.



Upper bollinger support lost.



This one holds



Hourly MACD still failing to get out from this dead zone - no impulsive move still. Also, do you see divergence?



And no volume. Weekly volume divergence continue to hint bull trap.



Weekly huge RSI-W and macd divergences need some time to get cleared - whether RSI & MACD topped or not. For a bullish breakout from here this figure need 1 million BTC weekly green volume.



Summary: I continue to bet that we are in a huge bull trap.

Only 150k daily and 800K-1M weekly green bars will realliy surprise me.

Don't mind about thick trolling in another threads guys I'm just entertaining dancing on slovens' bones. Hehe

[zby]

The bitcoin supply was recently halved - that's why the volume does not need to meet the old standards now.

[lucif]

Guys, Bitcoin reaching new highs here: http://blockchain.info/charts/market-cap?timespan=all&showDataPoints=false&daysAverageString=1&show_header=true&scale=0&address=

But not here: http://www.sierrachart.com/userimages/upload_2/1357806004861.png

Bulls misleaded with chart types

Market cap and price are different for Bitcoin because there is another variable in this formula - amount of generated coins.

[lebing]

Guys, Bitcoin reaching new highs here: http://blockchain.info/charts/market-cap?timespan=all&showDataPoints=false&daysAverageString=1&show_header=true&scale=0&address=

But not here: http://www.sierrachart.com/userimages/upload_2/1357806004861.png

Bulls misleaded with chart types

Market cap and price are different for Bitcoin because there is another variable in this formula - amount of generated coins.

theres quite a few more variables than that...

[Kupsi]

Guys, Bitcoin reaching new highs here: http://blockchain.info/charts/market-cap?timespan=all&showDataPoints=false&daysAverageString=1&show_header=true&scale=0&address=

But not here: http://www.sierrachart.com/userimages/upload_2/1357806004861.png

Bulls misleaded with chart types

Market cap and price are different for Bitcoin because there is another variable in this formula - amount of generated coins.

I believe there are the bears that are misleaded 

[waspoza]

Hey lucif i have message for you regarding your short.

[lucif]

Daily ADX is around 60. The top is somewhere here.

http://bitcoincharts.com/charts/mtgoxUSD#rg30ztgSzbgBzm1g10zm2g25zxzi1gMACDzi2gRSIzi3gADXzv

And if the top is around here, we may have a domino track, as of daily bearish divergences on oscillators. Let's see, let's see...

And I see in indicators, figures and EW counts that there is a high chance that it will be a Bitcoin price top of 2013 year.

[lucif]

Holy Christ, you just look what divergences confirming. This is heavy.

[lucif]

In this or next week....

[ElectricMucus]

not really "offensive" enough

[lucif]

No, dont you really see how events forming futher domino track of dispair? Don't you see that on charts?

Charts and events confirming each other.

First domino was bASIC BFL fail at CES. Second - bASIC. The last would be Bitpay. Or even not last... Lets see, lets see...

[Kupsi]

In this or next week....

What's your target for next week? My target is $15.50 

[ElectricMucus]

No, dont you really see how events forming futher domino track of dispair? Don't you see that on charts?

Charts and events confirming each other.

First domino was bASIC BFL fail at CES. Second - bASIC. The last would be Bitpay. Or even not last... Lets see, lets see...

Well, in order for Bitpay to "fail" it would require that they made an arrangement with BFL so that they do not send them USD for their received BTC orders but rather keep the funds in BTC.
This would have been done to corner the market and drive the price up then crash it when it is convenient for them.
Bitpay admitted some of this tactic during the pirate spectacle. ("Short squeezing" pirate)

Although I am not sure they did that this time at least not to the fullest extent possible. The point is right now the community largely is behind bitpay at the moment and I doubt this would change even when BFL turns out to scam people.

I am very bad at TA, so I have no clue what the price should do accordingly.

[lucif]

I will not post targets here anymore, as this ruins my own interests. Only direction. You might have your subscriptions with existing analysts for targets.

[ElectricMucus]

I will not post targets here anymore, as this ruins my own interests. Only direction. You might have your subscriptions with existing analysts for targets.

wise choice

[lucif]

If I am the Demon, pent is an Angle.

He is light part of my person developing DIANNA block chain for future of censorship-free Internet.

I like to be on both sides of stick. This keeps me integrated.

[Kupsi]

I will not post targets here anymore, as this ruins my own interests. Only direction. You might have your subscriptions with existing analysts for targets.

Falling houses must mean something?