ineededausername (OP)
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March 29, 2013, 04:24:01 AM |
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Observe that while the last few dropped the price by ~30% from its ATH at the time and hit the EMA(21) solidly, this one only managed to hit the EMA(10) and did not manage to drop even as much as 25%. With record bids ($10M!) and a rapid rebound, I'm pretty sure that we're going to hit $100 soon.
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(BFL)^2 < 0
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oakpacific
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March 29, 2013, 04:27:34 AM |
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Observe that while the last few dropped the price by ~30% from its ATH at the time and hit the EMA(21) solidly, this one only managed to hit the EMA(10) and did not manage to drop even as much as 25%. With record bids ($10M!) and a rapid rebound, I'm pretty sure that we're going to hit $100 soon. Two-hour EMA10 and EMA21 failed to cross, half-hour ones have crossed back already,the only EMA 10 remaining under EMA 21 is the hourly one. The plunge also failed to breach hourly SMA 200, unlike in previous crashes.
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ineededausername (OP)
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March 29, 2013, 04:29:57 AM |
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Observe that while the last few dropped the price by ~30% from its ATH at the time and hit the EMA(21) solidly, this one only managed to hit the EMA(10) and did not manage to drop even as much as 25%. With record bids ($10M!) and a rapid rebound, I'm pretty sure that we're going to hit $100 soon. Two-hour EMA10 and EMA21 failed to cross, half-hour ones have crossed back already,the only EMA 10 remaining under EMA 21 is the hourly one. The plunge also failed to breach hourly SMA 200, unlike in previous crashes. There you have it, I'm pretty sure we have 5 TA reasons now, let's start a "Ready for the Running of the Bulls?" thread
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(BFL)^2 < 0
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chriswen
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March 29, 2013, 04:33:29 AM |
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Observe that while the last few dropped the price by ~30% from its ATH at the time and hit the EMA(21) solidly, this one only managed to hit the EMA(10) and did not manage to drop even as much as 25%. With record bids ($10M!) and a rapid rebound, I'm pretty sure that we're going to hit $100 soon. Two-hour EMA10 and EMA21 failed to cross, half-hour ones have crossed back already,the only EMA 10 remaining under EMA 21 is the hourly one. The plunge also failed to breach hourly SMA 200, unlike in previous crashes. There you have it, I'm pretty sure we have 5 TA reasons now, let's start a "Ready for the Running of the Bulls?" thread There is no need to encourage that. We have more than enough inflated bulls already (inflated heads).
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smoothie
Legendary
Offline
Activity: 2492
Merit: 1491
LEALANA Bitcoin Grim Reaper
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March 29, 2013, 04:36:01 AM |
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Observe that while the last few dropped the price by ~30% from its ATH at the time and hit the EMA(21) solidly, this one only managed to hit the EMA(10) and did not manage to drop even as much as 25%. With record bids ($10M!) and a rapid rebound, I'm pretty sure that we're going to hit $100 soon. Two-hour EMA10 and EMA21 failed to cross, half-hour ones have crossed back already,the only EMA 10 remaining under EMA 21 is the hourly one. The plunge also failed to breach hourly SMA 200, unlike in previous crashes. There you have it, I'm pretty sure we have 5 TA reasons now, let's start a "Ready for the Running of the Bulls?" thread There is no need to encourage that. We have more than enough inflated bulls already (inflated heads). I disagree. I think we have just an over supply of deflated bears which makes it look like there is more than enough inflated bulls.
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| . ★☆ WWW.LEALANA.COM My PGP fingerprint is A764D833. History of Monero development Visualization ★☆ . LEALANA BITCOIN GRIM REAPER SILVER COINS. |
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oakpacific
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March 29, 2013, 04:38:14 AM |
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Observe that while the last few dropped the price by ~30% from its ATH at the time and hit the EMA(21) solidly, this one only managed to hit the EMA(10) and did not manage to drop even as much as 25%. With record bids ($10M!) and a rapid rebound, I'm pretty sure that we're going to hit $100 soon. Two-hour EMA10 and EMA21 failed to cross, half-hour ones have crossed back already,the only EMA 10 remaining under EMA 21 is the hourly one. The plunge also failed to breach hourly SMA 200, unlike in previous crashes. There you have it, I'm pretty sure we have 5 TA reasons now, let's start a "Ready for the Running of the Bulls?" thread There is no need to encourage that. We have more than enough inflated bulls already (inflated heads). I disagree. I think we have just an over supply of deflated bears which makes it look like there is more than enough inflated bulls. We'll see more and more of them, their number will be directly proportional to the bitcoin price.
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oakpacific
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March 29, 2013, 06:05:34 AM |
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Hourly EMA10/21 about to cross.
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MonadTran
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March 29, 2013, 06:39:37 AM |
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an over supply of deflated bears which makes it look like there is more than enough inflated bulls.
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BitPirate
Full Member
Offline
Activity: 238
Merit: 100
RMBTB.com: The secure BTC:CNY exchange. 0% fee!
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March 29, 2013, 06:41:09 AM |
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I think the next time one of these silly forced sell-offs occurs, people will be ready and ignore it.
In fact it would be hilarious if we could somehow agree on a counterattack -- have a bunch of $ waiting, buy their cheap coins and push to a new high.
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damnek
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March 29, 2013, 07:25:39 AM |
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As long as there are enough newbie bitcoin traders this will work.
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b!z
Legendary
Offline
Activity: 1582
Merit: 1010
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March 29, 2013, 08:28:54 AM |
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I think the next time one of these silly forced sell-offs occurs, people will be ready and ignore it.
In fact it would be hilarious if we could somehow agree on a counterattack -- have a bunch of $ waiting, buy their cheap coins and push to a new high.
We don't need to agree; everyone is already doing it.
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