Yet another analyst :)

[humanitee]

And I'm always left scratching my head when viewing the ticker tape......These tiny fillers on the ask w/huge spread when people are dumping. The bid/ask often freezes above the last series of sales......and of course, like clockwork, the Mt. Gox lag rears its head. It almost seems like something is fighting to keep the price up......but the lag always kills the sell-off. I probably have a very different take on this than most of you......

Do you ever see this kind of action on a move up? A frozen bid/ask below the last sale? Ridiculous spreads followed by a lag that kills upward momentum? And with relatively low volume throughout?? I haven't seen it......

Absolutely. Just the other day it got near 10 minutes. In the 50's we went over 13 minutes.

[lucif]

We have to revisit $50 when all this started in anyway. I don't exclude we visit 200-1000 before this, but revisit of $50 is immitent. Key level support.

Rally went into completely out-of-mind mode. It has bullish macd daily hook and bounced ADX off 50. This is the start of final super-crazy wave 5 off $9.77 low IMHO.

However I see past bubbles like to complete in 2 bullish macd daily hooks. After that - hard fall. This was second. After second hook price goes to skies.

[Manticore]

And I'm always left scratching my head when viewing the ticker tape......These tiny fillers on the ask w/huge spread when people are dumping. The bid/ask often freezes above the last series of sales......and of course, like clockwork, the Mt. Gox lag rears its head. It almost seems like something is fighting to keep the price up......but the lag always kills the sell-off. I probably have a very different take on this than most of you......

Do you ever see this kind of action on a move up? A frozen bid/ask below the last sale? Ridiculous spreads followed by a lag that kills upward momentum? And with relatively low volume throughout?? I haven't seen it......

Absolutely. Just the other day it got near 10 minutes. In the 50's we went over 13 minutes.

March 23rd? That was not a move-up; that was a sell-off.

And I was closely watching on March 28th and it happened exactly as it did today......same bizarre pricing action, huge spreads, tiny buys at ask wmoved the price up $3 or $4.....and the lag at key support of $75.

[humanitee]

And I'm always left scratching my head when viewing the ticker tape......These tiny fillers on the ask w/huge spread when people are dumping. The bid/ask often freezes above the last series of sales......and of course, like clockwork, the Mt. Gox lag rears its head. It almost seems like something is fighting to keep the price up......but the lag always kills the sell-off. I probably have a very different take on this than most of you......

Do you ever see this kind of action on a move up? A frozen bid/ask below the last sale? Ridiculous spreads followed by a lag that kills upward momentum? And with relatively low volume throughout?? I haven't seen it......

Absolutely. Just the other day it got near 10 minutes. In the 50's we went over 13 minutes.

March 23rd? That was not a move-up; that was a sell-off.

And I was closely watching on March 28th and it happened exactly as it did today......same bizarre pricing action, huge spreads, tiny buys at ask wmoved the price up $3 or $4.....and the lag at key support of $75.

Maybe we have different inclinations for what the market is doing at these times then.
That could be the root of the discrepancy.

[lucif]

[siulynot]

who is who? :p

[lucif]

Bearish scenario

[starsoccer9]

* starsoccer9 has to disagreed i think 110 is the bottom and now we will continue on back up

[lucif]

Bullish scenario

[starsoccer9]

well we are already up in my view, so i think we will fall again to 120 115ish then we continue upwards

[Manticore]

And I'm always left scratching my head when viewing the ticker tape......These tiny fillers on the ask w/huge spread when people are dumping. The bid/ask often freezes above the last series of sales......and of course, like clockwork, the Mt. Gox lag rears its head. It almost seems like something is fighting to keep the price up......but the lag always kills the sell-off. I probably have a very different take on this than most of you......

Do you ever see this kind of action on a move up? A frozen bid/ask below the last sale? Ridiculous spreads followed by a lag that kills upward momentum? And with relatively low volume throughout?? I haven't seen it......

Absolutely. Just the other day it got near 10 minutes. In the 50's we went over 13 minutes.

March 23rd? That was not a move-up; that was a sell-off.

And I was closely watching on March 28th and it happened exactly as it did today......same bizarre pricing action, huge spreads, tiny buys at ask wmoved the price up $3 or $4.....and the lag at key support of $75.

Maybe we have different inclinations for what the market is doing at these times then.
That could be the root of the discrepancy.

No, the lag did not start until the price began tanking on March 28th.....then the lag appeared and helped stem the fall. The lag did not cause the price to drop.

[humanitee]

No, the lag did not start until the price began tanking on March 28th.....then the lag appeared and helped stem the fall. The lag did not cause the price to drop.

I haven't looked your specific dates.
Rest assured, it's happened, more than once at that.

[lucif]

Turning red





(short term of course)

[lucif]

But actually got real shorterm sell signal on 140. This is only confirmation.

[BrightAnarchist]

[Manticore]

Confused again.....people were dumping coins from 120 down to 117.....then a tiny 3.5 BTC buy bumps both bid and ask back up to over 125. It does this over and over again on the downside.....but I have yet to see this action in the opposite direction.

[lucif]

Nice bearish development.

But bulls strong. h/SMA50 tanks still.

[lucif]

Did I missed 3 with 5? Triangle/pennant at 4 again?

Red - bearish count, green - bullish.

[myself]

lucif can you give a count for that triangle ?

[lucif]

Ask something easier =)