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Voodah
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December 30, 2013, 09:49:34 AM |
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The fact that the volume is weak doesn't mean much, volume was very weak just before the rally from 200 to 400 as well and also it's holiday. And RSI and StochRSI are not very reliable indicators imo, I prefer to look at MACD which is about to crossover on both the 1d and 4h timescale. That is usually a bullish sign, and the volume might be coming very soon with it as well. But we'll see, the bearish scenario is not out of the picture just yet. How come StochRSI never went back to overbought during the first climb from 800. It never even crossed 70 up until now and this weird uptrend.. EDIT: Can you "make" that happen so as to trick people into thinking the top is not reached yet? |
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According to NIST and ECRYPT II, the cryptographic algorithms used in
Bitcoin are expected to be strong until at least 2030. (After that, it
will not be too difficult to transition to different algorithms.)
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MAbtc
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December 30, 2013, 09:52:15 AM |
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Indeed, the trend is undecided. I think there could be upside left here. But I do see fairly weak momentum hitting resistance. And I don't think that market sentiment is anywhere near where we were at 200. I don't think it's moon time just yet.
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T.Stuart
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December 30, 2013, 09:56:35 AM |
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With Jan 31 coming up, I just don't want to overcommit.
With Jan 31st so much in the spotlight it will never play out how everyone thinks. Remember the Millenium Bug? I reckon Jan 31 will be a non-event. |
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ChartBuddy
Legendary
 Offline
Activity: 2170
Merit: 1776
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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December 30, 2013, 10:02:21 AM |
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MAbtc
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December 30, 2013, 10:03:18 AM |
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The fact that the volume is weak doesn't mean much, volume was very weak just before the rally from 200 to 400 as well and also it's holiday. And RSI and StochRSI are not very reliable indicators imo, I prefer to look at MACD which is about to crossover on both the 1d and 4h timescale. That is usually a bullish sign, and the volume might be coming very soon with it as well. But we'll see, the bearish scenario is not out of the picture just yet. How come StochRSI never went back to overbought during the first climb from 800. It never even crossed 70 up until now and this weird uptrend.. EDIT: Can you "make" that happen so as to trick people into thinking the top is not reached yet? Because it is based on the 14-day high-low range. "14-day StochRSI equals .80 when RSI is near the high of its 14 day high-low range." http://stockcharts.com/school/doku.php?id=chart_school:technical_indicators:stochrsi |
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stereotype
Legendary
Offline
Activity: 1554
Merit: 1000
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December 30, 2013, 10:13:49 AM |
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The fact that the volume is weak doesn't mean much, volume was very weak just before the rally from 200 to 400 as well and also it's holiday. And RSI and StochRSI are not very reliable indicators imo, I prefer to look at MACD which is about to crossover on both the 1d and 4h timescale. That is usually a bullish sign, and the volume might be coming very soon with it as well. But we'll see, the bearish scenario is not out of the picture just yet. How come StochRSI never went back to overbought during the first climb from 800. It never even crossed 70 up until now and this weird uptrend.. EDIT: Can you "make" that happen so as to trick people into thinking the top is not reached yet?Create a rumor so people can buy into it, and then sell the fact, is the usual process. |
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mmitech
Legendary
Offline
Activity: 1148
Merit: 1001
things you own end up owning you
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December 30, 2013, 10:32:48 AM |
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Good morning, so what did I miss ? Stamp seems really resistant, Price hardly catching up, and BTC-e price higher than Stamp ? speak about madness !!
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oda.krell
Legendary
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Activity: 1470
Merit: 1007
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December 30, 2013, 10:37:34 AM |
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Do all the pointless NSFW images on here annoy anyone else? It makes it impossible to read this forum unless I'm in private.
Ignoring doesn't really work because other people like to quote them.
Add this custom pattern to your adblock plus list: ip.bitcointalk.org No more user images. Browsing through https://bitcointalk.org/index.php?topic=178336.74480;wap2 will also do the trick. In the meantime, here's something for your browser cache:  Helpful *and* trolling at the same time  |
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ChartBuddy
Legendary
Offline
Activity: 2170
Merit: 1776
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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December 30, 2013, 11:02:22 AM |
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mellowyellow
Member
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Activity: 112
Merit: 10
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December 30, 2013, 11:48:51 AM |
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So little volume, where did everyone go?
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flynn
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December 30, 2013, 11:52:00 AM |
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So little volume, where did everyone go?
shopping ...
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ChartBuddy
Legendary
Offline
Activity: 2170
Merit: 1776
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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December 30, 2013, 12:02:31 PM |
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Rannasha
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December 30, 2013, 12:03:43 PM |
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Choo?
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capsqrl
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December 30, 2013, 12:07:53 PM |
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Choo at this volume? No, sorry.
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strawbs
Legendary
Offline
Activity: 868
Merit: 1340
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December 30, 2013, 12:11:49 PM |
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Not when only 350 coins moves the Gox price up by 2%. Come on, let's have some volume again
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stereotype
Legendary
Offline
Activity: 1554
Merit: 1000
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December 30, 2013, 12:23:40 PM |
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Ashitank
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December 30, 2013, 12:30:15 PM |
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it better to crash & get back trading the right way than dragging dead horse
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T.Stuart
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December 30, 2013, 12:30:37 PM |
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Choo?
A steady choo is around + $15 a day at this point. All things being equal that means we need a small consolidation today. The train has left the station, don't worry. |
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T.Stuart
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December 30, 2013, 12:31:39 PM |
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it better to crash & get back trading the right way than dragging dead horse
Just the smallest bit of patience please. |
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capsqrl
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December 30, 2013, 12:31:53 PM |
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Holy crap, we broke through the 20btc wall at 810.
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Poll
