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NotLambchop
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December 07, 2014, 12:35:24 PM |
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Good morning gentlemen.  |
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LFC_Bitcoin
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Activity: 3528
Merit: 9547
#1 VIP Crypto Casino
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December 07, 2014, 12:38:41 PM |
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Good morning gentlemen. Morning! |
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ChartBuddy
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Activity: 2170
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1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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December 07, 2014, 01:00:51 PM |
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phoenix1
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December 07, 2014, 01:20:24 PM |
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Critical moments ... can it, can't it ??  And yes, I am well aware that they are lines on charts, so please don't point that out TA haters  |
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hdbuck
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Activity: 1260
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December 07, 2014, 01:23:42 PM |
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Critical moments ... can it, can't it ?? And yes, I am well aware that they are lines on charts, so please don't point that out TA haters nah there is nothing critical going on.  |
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phoenix1
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December 07, 2014, 01:25:20 PM |
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Critical moments ... can it, can't it ?? And yes, I am well aware that they are lines on charts, so please don't point that out TA haters nah there is nothing critical going on. Yeh, there is still plenty of overhead resistance even if this breaks up Actually I withdraw that ... you have drawn that line in the wrong place. It is an illegal line and absolutely invalid  |
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hdbuck
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December 07, 2014, 01:26:44 PM |
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Critical moments ... can it, can't it ?? And yes, I am well aware that they are lines on charts, so please don't point that out TA haters nah there is nothing critical going on. Yeh, there is still plenty of overhead resistance even if this breaks up actually once it breaks up. it fucking breaks up. |
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phoenix1
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December 07, 2014, 01:29:53 PM |
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Critical moments ... can it, can't it ?? And yes, I am well aware that they are lines on charts, so please don't point that out TA haters nah there is nothing critical going on. Yeh, there is still plenty of overhead resistance even if this breaks up actually once it breaks up. it fucking breaks up. I guess that's tru  |
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tarmi
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December 07, 2014, 01:54:10 PM |
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yawn.
active usd swaps on bitfinex piling up, I see nice false breakout/bulltrap forming.
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ChartBuddy
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December 07, 2014, 02:00:50 PM |
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phoenix1
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December 07, 2014, 02:06:20 PM |
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yawn.
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inca
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Activity: 1176
Merit: 1000
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December 07, 2014, 02:07:35 PM |
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yawn.
active usd swaps on bitfinex piling up, I see nice false breakout/bulltrap forming.
You mean a breakout. |
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JorgeStolfi
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December 07, 2014, 02:27:19 PM |
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The first auction pushed the price from $570 to $640
The first auction caused a 50$ drop when it was announced, and a 50$ jump back when it was known that one bidder got it all. So this time the market just optimized its response, assuming that the outcome would be similar. Let's see. |
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LOBSTER
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December 07, 2014, 02:30:12 PM |
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The first auction pushed the price from $570 to $640
The first auction caused a 50$ drop when it was announced, and a 50$ jump back when it was known that one bidder got it all. So this time the market just optimized its response, assuming that the outcome would be similar. Let's see. Yeah that's quite right. I hope that the sale doesn't have a negative impact on the price... |
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Wandererfromthenorth
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December 07, 2014, 02:30:40 PM |
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Predicting a breakout or a breakdown right now is gambling. Nobody actually knows. The good news is that you don't need to know.
Just wait until we actually exit the big wedge with volume in either direction. You just react to what happens.
Easy trade setup.
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LFC_Bitcoin
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December 07, 2014, 02:39:57 PM |
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Ripple on the other hand is just doing great  Ripple is a scam. Load of bollocks. |
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ChartBuddy
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December 07, 2014, 03:00:51 PM |
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thefunkybits
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Activity: 1218
Merit: 1000
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December 07, 2014, 03:16:35 PM |
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yawn.
active usd swaps on bitfinex piling up, I see nice false breakout/bulltrap forming.
You mean a breakout. hahaha yup...any significant break upwards here will not be fake |
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billyjoeallen
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Hide your women
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December 07, 2014, 03:28:51 PM
Last edit: December 07, 2014, 03:41:34 PM by billyjoeallen |
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Volume has gone to crap, but again we have done our job. We have eaten all the volatility for the time being.
Everyone is expecting the Sunday night bump (I am also), but what if we don't get much of one?
The problem with expecting something good is that there are no surprises to the upside. So are we getting this low volume melt up as a prelude to dumping like on Dec 2, or the first rumblings of a breakout? I'm net long but hedged short, so I don't really care. It will be interesting to watch.
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