ChartBuddy
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Activity: 2170
Merit: 1776
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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December 16, 2015, 05:00:39 AM |
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rocks
Legendary
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Activity: 1153
Merit: 1000
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December 16, 2015, 05:10:12 AM |
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So that was it? Some dump
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spooderman
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Activity: 1638
Merit: 1022
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December 16, 2015, 05:31:00 AM |
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dump and we're still above 450
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peonminer
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December 16, 2015, 05:39:44 AM |
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Whales, I'll stay quiet in the thread for a few days if you take us to $500 without another bear shit.
The choice is yours.
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ChartBuddy
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Activity: 2170
Merit: 1776
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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December 16, 2015, 06:00:39 AM |
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Sturgeon
Sr. Member
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Activity: 392
Merit: 250
ドラゴンスピ
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December 16, 2015, 06:11:39 AM |
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 waiting watching any new bullish will come ? or we will down again  waiting at $420 again  look at my post some hours ago  and market down some minute agao i think more bearish will come in this day |
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niktitan132
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Activity: 1036
Merit: 1000
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December 16, 2015, 06:20:15 AM |
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waiting watching any new bullish will come ? or we will down again waiting at $420 again look at my post some hours ago and market down some minute agao i think more bearish will come in this day I think the bears are done for now. Way oversold on the Huobi 30M and bounced hard from 2869. I think next stop is up till 3136. If we break that we are gonna go to the moon. |
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billyjoeallen
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Activity: 1106
Merit: 1007
Hide your women
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December 16, 2015, 06:41:17 AM |
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dump and we're still above 450
You have to look at the volume. Roughly the same amount of coins were bought after the dump as were sold in the dump, but the price only recovered half way. That's a pretty strong signal that this rally may be petering out. I'm going to take most of the coins I caught by bottom ticking the dump perfectly and sell them again at $459. Y'all can short almost for free because the interest rate is so cheap. All I have to do is wait. if it goes down, I can cover. If it goes up You have to believe it will never come back down. Pretty much any position is a winning position if you wait long enough. That means either long, cash or margin short. the only position that can chew you up even if you end up winning eventually is margin long because of the high interest rate. The only time I go margin long now is immediately AFTER a long squeeze. |
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TERA
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December 16, 2015, 06:49:34 AM |
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It's down 3%. That's it, Bitcoin is dying.
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niktitan132
Legendary
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Activity: 1036
Merit: 1000
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December 16, 2015, 06:52:47 AM |
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Still going up!
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peonminer
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December 16, 2015, 06:54:11 AM |
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It's down 3%. That's it, Bitcoin is dying.
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ChartBuddy
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Activity: 2170
Merit: 1776
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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December 16, 2015, 07:01:17 AM |
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spooderman
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Activity: 1638
Merit: 1022
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December 16, 2015, 07:04:29 AM |
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It's down 3%. That's it, Bitcoin is dying.
RIP in peace bitcoin  |
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hunnaryb
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December 16, 2015, 07:05:31 AM |
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Seems the strategy has shifted from aggressive batch pumps, to slow rises in a channel and then swinging sentiment to bull then killing everyone.
Meanwhile, we've made lower highs after each time, which isn't healthy at all.
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r0ach
Legendary
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Activity: 1260
Merit: 1000
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December 16, 2015, 07:11:18 AM |
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Y'all can short almost for free because the interest rate is so cheap. All I have to do is wait
If you actually watched the market live yesterday, you would have noticed China was very determined to absorb the dumps and hold price above $450 USD. They have no plans to attempt to implode the market at this current level. I'm definitely not worried about going to sleep with coins at this price. The buy side is also far more bullish right now on all exchanges than before the dump occurred. Shorting right now is pointless. Worst case scenario it goes sideways. |
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rebuilder
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Activity: 1615
Merit: 1000
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December 16, 2015, 07:13:03 AM |
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Meanwhile, we've made lower highs after each time, which isn't healthy at all.
Are we looking at the same charts? |
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hunnaryb
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December 16, 2015, 07:17:01 AM |
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Meanwhile, we've made lower highs after each time, which isn't healthy at all.
Are we looking at the same charts? Just a quick observation. First major dump, from 504 Next 'high' was 475 which is a lower high.. And the dump that just happened from 467 Lower highs if you ask me! |
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TERA
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December 16, 2015, 07:20:05 AM |
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The ceiling is allowed to descend in a consolidation. It could actually descend all the way to 320 and still break out upwards
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oda.krell
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Activity: 1470
Merit: 1007
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December 16, 2015, 07:20:27 AM |
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Meanwhile, we've made lower highs after each time, which isn't healthy at all.
Are we looking at the same charts? He's technically right: lower highs, in terms of candle peaks. What he's missing (or fails to mention) is that we're going through a series of higher candle close values in the same series, like a little structure internal triangle hehe |
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hunnaryb
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December 16, 2015, 07:27:09 AM |
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Meanwhile, we've made lower highs after each time, which isn't healthy at all.
Are we looking at the same charts? He's technically right: lower highs, in terms of candle peaks. What he's missing (or fails to mention) is that we're going through a series of higher candle close values in the same series, like a little structure internal triangle hehe Candle closes are a good way to look at it. You are right. From that perspective, things are looking rosey. |
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