arepo (OP)
Sr. Member
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Activity: 448
Merit: 250
this statement is false
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April 13, 2013, 04:24:03 AM |
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volatility up! who will win? breakout upside or tumble down?
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this sentence has fifteen words, seventy-four letters, four commas, one hyphen, and a period. 18N9md2G1oA89kdBuiyJFrtJShuL5iDWDz
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bitcon
Legendary
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Activity: 2212
Merit: 1008
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April 13, 2013, 04:30:07 AM |
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bulls on parade by rage against the machine.
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XXthetimeisnowXX
Sr. Member
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Activity: 252
Merit: 250
a wolf in sheeps clothing. suckerfish
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April 13, 2013, 04:33:45 AM |
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wouldnt mind it dipping down to catch all my buy tickes and then shoot to the stars. ill be happy with a good break up wards so i live longer......less stress haha
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Mike Christ
aka snapsunny
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Activity: 1078
Merit: 1003
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April 13, 2013, 04:37:46 AM |
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bulls on parade by rage against the machine.
You know, I never really understood what that song was about until recently
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Qoheleth
Legendary
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Activity: 960
Merit: 1028
Spurn wild goose chases. Seek that which endures.
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April 13, 2013, 05:02:21 AM |
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Secret rockets versus secret submarines.
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If there is something that will make Bitcoin succeed, it is growth of utility - greater quantity and variety of goods and services offered for BTC. If there is something that will make Bitcoin fail, it is the prevalence of users convinced that BTC is a magic box that will turn them into millionaires, and of the con-artists who have followed them here to devour them.
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bitcon
Legendary
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Activity: 2212
Merit: 1008
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April 13, 2013, 06:02:32 AM |
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bulls on parade by rage against the machine.
You know, I never really understood what that song was about until recently it has negative connotations regarding wall street/fed, but regarding the bitcoin market it can be heard in a optimistic voice for reasons btc is the antithises of the fed...
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ruski
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April 13, 2013, 06:07:30 AM |
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When I went to bed last night, I converted all my AUD to BTC after a night of trading around $70. Woke up to see it had broken the range and was sitting at $120. The lack of fees is helping price discovery significantly. I'm saying bull, but then I'm always saying bull.
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arepo (OP)
Sr. Member
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Activity: 448
Merit: 250
this statement is false
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April 13, 2013, 06:35:56 AM |
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-===- pretty significant triangle consolidation closing right now. break up or down?
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this sentence has fifteen words, seventy-four letters, four commas, one hyphen, and a period. 18N9md2G1oA89kdBuiyJFrtJShuL5iDWDz
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ruski
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April 13, 2013, 06:36:41 AM Last edit: April 13, 2013, 06:48:57 AM by ruski |
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-===- pretty significant triangle consolidation closing right now. break up or down? Up. 13/4/2013 4:18:05 PM: Market buy (107.08313 to 107.3) 13/4/2013 4:16:35 PM: Market sell (105.00001 to 103.31196) 13/4/2013 4:16:35 PM: Market buy (107.08312 to 107.08313) 13/4/2013 4:16:05 PM: Ask down (107.3 to 107.08312) 13/4/2013 4:15:05 PM: Market buy (106.97606 to 107.3) 13/4/2013 4:14:35 PM: Ask down (107.08313 to 106.97606) 13/4/2013 4:14:04 PM: Market buy (107.08312 to 107.08313) 13/4/2013 4:13:34 PM: Ask down (107.08313 to 107.08312) 13/4/2013 4:12:35 PM: Ask down (107.10677 to 107.08313) Read from bottom to top. Someone is working very hard to make some imaginary bullish action here.
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smoothie
Legendary
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Activity: 2492
Merit: 1473
LEALANA Bitcoin Grim Reaper
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April 13, 2013, 07:02:02 AM |
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-===- pretty significant triangle consolidation closing right now. break up or down? Up. 13/4/2013 4:18:05 PM: Market buy (107.08313 to 107.3) 13/4/2013 4:16:35 PM: Market sell (105.00001 to 103.31196) 13/4/2013 4:16:35 PM: Market buy (107.08312 to 107.08313) 13/4/2013 4:16:05 PM: Ask down (107.3 to 107.08312) 13/4/2013 4:15:05 PM: Market buy (106.97606 to 107.3) 13/4/2013 4:14:35 PM: Ask down (107.08313 to 106.97606) 13/4/2013 4:14:04 PM: Market buy (107.08312 to 107.08313) 13/4/2013 4:13:34 PM: Ask down (107.08313 to 107.08312) 13/4/2013 4:12:35 PM: Ask down (107.10677 to 107.08313) Read from bottom to top. Someone is working very hard to make some imaginary bullish action here. How is it imaginary if the bid order exists? lol
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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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Kazu
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April 13, 2013, 07:12:15 AM |
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When this breaks its gonna be epic. Best triangle ever.
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Ichthyo
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April 13, 2013, 07:15:17 AM |
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we have walls at 108 and 113. These were moved inward, narrowing the channel. The bid wall is larger, but this is irrelevant, since any of these walls could just be pulled or moved.
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arepo (OP)
Sr. Member
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Activity: 448
Merit: 250
this statement is false
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April 13, 2013, 07:21:45 AM |
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we have walls at 108 and 113. These were moved inward, narrowing the channel. The bid wall is larger, but this is irrelevant, since any of these walls could just be pulled or moved.
you don't even believe in triangles? i'm in the midst of composing a response in my other thread. i did explain the basic theory of why triangle formations occur in that OP.
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this sentence has fifteen words, seventy-four letters, four commas, one hyphen, and a period. 18N9md2G1oA89kdBuiyJFrtJShuL5iDWDz
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Ichthyo
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April 13, 2013, 07:27:35 AM |
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we have walls at 108 and 113. These were moved inward, narrowing the channel. The bid wall is larger, but this is irrelevant, since any of these walls could just be pulled or moved.
you don't even believe in triangles?
I don't believe in things just because I see them.
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arepo (OP)
Sr. Member
Offline
Activity: 448
Merit: 250
this statement is false
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April 13, 2013, 07:32:02 AM |
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-===- pretty significant triangle consolidation closing right now. break up or down? you don't even believe in triangles?
too bad it pretty much directly predicted the breakout we're seeing just now. not confirmed bullish until we break the top of the channel, though ($130). Then we could go as high as $180 (phi-retracement of the original $266-$55 move) without another downward movement.
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this sentence has fifteen words, seventy-four letters, four commas, one hyphen, and a period. 18N9md2G1oA89kdBuiyJFrtJShuL5iDWDz
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notme
Legendary
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Activity: 1904
Merit: 1002
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April 13, 2013, 07:32:25 AM |
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1. After price trends, turn on liquidity bot 2. When price range narrows to a point, shut down bot 3,. Wait for trend, got to 1
I keep profits in btc. I guess that makes me a bull, but I love the conflicting ideas. The more you guys argue, the easier it is for me to squeeze out profits.
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evolve
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April 13, 2013, 07:36:14 AM |
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triple top at @130, then a decline: (live chart)
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ruski
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April 13, 2013, 07:37:27 AM |
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1. After price trends, turn on liquidity bot 2. When price range narrows to a point, shut down bot 3,. Wait for trend, got to 1
I keep profits in btc. I guess that makes me a bull, but I love the conflicting ideas. The more you guys argue, the easier it is for me to squeeze out profits.
SO much this.
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Kazu
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April 13, 2013, 07:39:26 AM |
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Bears on serious retreat.
Bulls need one massive buy order. Then its a breakout for sure. We're honestly close to a $20+ gain depending on the volume.
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arepo (OP)
Sr. Member
Offline
Activity: 448
Merit: 250
this statement is false
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April 13, 2013, 07:40:44 AM |
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you don't even believe in triangles?
I don't believe in things just because I see them. here's a follow up, so you don't complain about 'method and rigor': -===- -===- you can clearly see the tightening trading range, which is more about market consolidation than anything else (the bids and asks react to the tightening trading range, not the other way around). the key identifying marker of a triangular consolidation pattern is the decreasing volume throughout, and then the sudden spike of volume which indicates the breakout, accompanied by a price movement outside of the tightening range. a movement beyond the channel bounded by the wide end of the triangle confirms the breakout. the same words are in my thread about the bearish pennant. this is a very robust pattern.
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this sentence has fifteen words, seventy-four letters, four commas, one hyphen, and a period. 18N9md2G1oA89kdBuiyJFrtJShuL5iDWDz
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