|
sAt0sHiFanClub
|
 |
March 08, 2015, 05:05:15 PM |
|
there is no absolute correlation between traded volume and change in value.
Meh, I'd disagree a bit. Surely volume preceding price is an accepted axiom. For me, OBV is one of the more reliable indicators of sentiment. Note I say indicator, not predictor.   |
|
|
|
|
JimboToronto
Legendary
 Offline
Activity: 4060
Merit: 4608
You're never too old to think young.
|
|
March 08, 2015, 05:20:16 PM |
|
Good morning Bitcoinland.
Still hovering in the $270s I see. Ho hum.
Better than going down I suppose.
|
|
|
|
|
|
bad trader
|
|
March 08, 2015, 05:35:39 PM |
|
So.. is there support between 1690 CNY and 1630 CNY?  |
|
|
|
|
ChartBuddy
Legendary
Offline
Activity: 2226
Merit: 1779
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
|
 |
March 08, 2015, 05:59:17 PM |
|
|
|
|
|
|
|
chairforce1
|
|
March 08, 2015, 06:13:31 PM |
|
So.. is there support between 1690 CNY and 1630 CNY? Without a doubt.  |
|
|
|
|
|
bassclef
|
|
March 08, 2015, 06:33:12 PM |
|
I'm amazed at how people take triangles on charts seriously.
It's like trying to predict the speed of a vehicle based by watching its speedometer continuously whilst ignoring the actual terrain that it's on.
edit: I feel a bit troll-y for saying that, but....seriously folks.
What do you use yourself? Could be said "I'm amazed at how people take [insert answer here] on charts seriously." Triangles work. Sorry you feel that way When the market is moving sideways and supply and demand are in relative harmony, triangles and other continuation patterns are how chartists judge when and where to take a position for the coming move. As they work themselves out, the trading range becomes smaller and smaller because range traders try to front run the other range traders which slowly closes the range, hence the triangle or wedge shape. There are variations whether the continuation range represents accumulation or distribution that will cause them to look a bit different. At the end of the day, however, it always comes down to the intent, action and sentiment of the traders. TA as pictures on a price chart simply help us visualize this. |
|
|
|
|
billyjoeallen
Legendary
Offline
Activity: 1106
Merit: 1007
Hide your women
|
|
March 08, 2015, 06:57:55 PM |
|
We are going to the moon guys Its a secret technical analysis shown decades ago by ancient monks in my stay in Tibet, and there is no fucking doubt about, next station : between moon and Mars. BTCBTCBTCBTCBTCBTCBTCBTCBTCBTCBTCBTCBTCBTCBTCBTCBTCBTCBTCBTCBTCBTCBTCBTC Dwarf planet Ceres in the asteroid belt? |
|
|
|
|
ChartBuddy
Legendary
Offline
Activity: 2226
Merit: 1779
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
|
|
March 08, 2015, 06:59:16 PM |
|
|
|
|
|
|
|
NotLambchop
|
|
March 08, 2015, 07:10:42 PM |
|
Gentlemen!
My resent absence from this thread should not be mistaken for permission to stop trading & have a lan party.
I'm still a few dollars short of the $10k coin promised me, my giraffes have gone for days without foodd & are eyeing me all nasty-like. To be frank, gentlemen, I'm beginning to fear for my life.
Please. Don't make me remind you again. Do whatever it is you do, but make me rich.
Thank you.
|
|
|
|
|
spooderman
Legendary
Offline
Activity: 1652
Merit: 1029
|
|
March 08, 2015, 07:26:30 PM |
|
legit TA!
|
|
|
|
|
|
|
JimboToronto
Legendary
Offline
Activity: 4060
Merit: 4608
You're never too old to think young.
|
|
March 08, 2015, 07:40:30 PM |
|
legit TA!
I prefer legit T&A (non-jailbait). |
|
|
|
|
coinableS
Legendary
Offline
Activity: 1442
Merit: 1180
|
|
March 08, 2015, 07:55:05 PM |
|
We are going to the moon guysIts a secret technical analysis shown decades ago by ancient monks in my stay in Tibet, and there is no fucking doubt about, next station : between moon and Mars. BTCBTCBTCBTCBTCBTCBTCBTCBTCBTCBTCBTCBTCBTCBTCBTCBTCBTCBTCBTCBTCBTCBTCBTC Oh no, not the dreaded upside down spider-web formation! Doesn't that mean the price will ______? |
|
|
|
|
coinableS
Legendary
Offline
Activity: 1442
Merit: 1180
|
|
March 08, 2015, 07:57:11 PM |
|
I still LMAO everytime I watch that |
|
|
|
|
|
Morecoin Freeman
|
|
March 08, 2015, 07:58:52 PM |
|
Poor trader! Right now in bitcoin I want big movement. Up or down I don't care. This uneventful weekend got me bored. |
|
|
|
|
ChartBuddy
Legendary
Offline
Activity: 2226
Merit: 1779
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
|
|
March 08, 2015, 07:59:16 PM |
|
|
|
|
|
|
Tzupy
Legendary
Offline
Activity: 2128
Merit: 1074
|
|
March 08, 2015, 08:14:35 PM |
|
Not me, I need to see a green dildo to react like that. |
|
|
|
|
JimboToronto
Legendary
Offline
Activity: 4060
Merit: 4608
You're never too old to think young.
|
|
March 08, 2015, 08:23:31 PM |
|
Not me. I'd have to be a trader to react like that.  |
|
|
|
|
|
uhoh
|
|
March 08, 2015, 08:33:53 PM |
|
We are going to the moon guysIts a secret technical analysis shown decades ago by ancient monks in my stay in Tibet, and there is no fucking doubt about, next station : between moon and Mars. BTCBTCBTCBTCBTCBTCBTCBTCBTCBTCBTCBTCBTCBTCBTCBTCBTCBTCBTCBTCBTCBTCBTCBTC Oh no, not the dreaded upside down spider-web formation! Doesn't that mean the price will ______? I've seen people post serious charts that are both less readable than this one, and contain less wisdom. |
|
|
|
|
Brewins
Legendary
Offline
Activity: 1120
Merit: 1000
|
|
March 08, 2015, 08:50:09 PM |
|
Gentlemen!
My resent absence from this thread should not be mistaken for permission to stop trading & have a lan party.
I'm still a few dollars short of the $10k coin promised me, my giraffes have gone for days without foodd & are eyeing me all nasty-like. To be frank, gentlemen, I'm beginning to fear for my life.
Please. Don't make me remind you again. Do whatever it is you do, but make me rich.
Thank you.
then if the prices fall your benefactors don't pay you and you don't have money to pay for food? Sad history, now I know why you troll so hard |
|
|
|
|
|
Poll
