Hyperjacked
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It's all mathematics...!
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July 02, 2015, 07:37:29 PM |
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Thanks for posting that cool chart! Take a look at the zeroblock two month...I tweeted about it before the rise! It was a home run Between BTC riding the vwap and the bollinger band tightening ! The composite operator loves the charts $$$ @ohyperjacked
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PoolMinor
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XXXVII Fnord is toast without bread
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July 02, 2015, 07:42:23 PM Last edit: July 03, 2015, 02:20:17 AM by PoolMinor |
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Just need to look at bigger picture. We are doing just fine. ☟
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bassclef
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July 02, 2015, 07:48:28 PM |
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Reloading at the 200 day SMA support--who's ready for some fireworks this weekend?
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Fakhoury
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Merit: 1027
Permabull Bitcoin Investor
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July 02, 2015, 08:01:18 PM |
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Reloading at the 200 day SMA support--who's ready for some fireworks this weekend?
For a novice, and if you don't mind for sure, could you elaborate this for me please  200 day SMA support
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ChartBuddy
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Activity: 2898
Merit: 2496
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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July 02, 2015, 08:01:33 PM |
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bassclef
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July 02, 2015, 08:10:11 PM |
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Reloading at the 200 day SMA support--who's ready for some fireworks this weekend?
For a novice, and if you don't mind for sure, could you elaborate this for me please  200 day SMA support Moving Averages200 day (or 30 week) MA is an industry standard of sorts used by technicians to tell what the greater trend of the market is. Above it, bullish. Below, bearish.
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molecular
Donator
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Activity: 2800
Merit: 1023
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July 02, 2015, 08:10:40 PM |
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Reloading at the 200 day SMA support--who's ready for some fireworks this weekend?
For a novice, and if you don't mind for sure, could you elaborate this for me please  200 day SMA support look at the blue line, that's the 200 day SMA.  SMA means "simple moving average". It's the average of the last 200 datapoints. So with daily resolution it shows the average of the last 200 days. Hence "200 day SMA". It has been resistance or way above for the last year and we broke through it recently. Now it might act as support, as many hope. If it does, the tides may be turning. EDIT: changed screenshot to include time axis
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Hyperjacked
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Activity: 1666
Merit: 1192
It's all mathematics...!
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July 02, 2015, 08:17:20 PM |
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Reloading at the 200 day SMA support--who's ready for some fireworks this weekend?
BTC moved too far in a short amount of time and it's too soon for another rally unless we have an event of some sort. I'm looking for a range of 250-260 for the next 4-7 days. Take a look at the zeroblock.com two month chart and look at the similarities between 6/16 and the last few days. Like I said in Twitter and my last post...the BB needs to tighten up and meet the vwap line before the next move! Just my opinion and observation after following This for sometime... 
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kaykawa
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July 02, 2015, 08:18:12 PM |
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Just need to look at bigger picture. We are doing just fine.  the train is almost ready.
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Hyperjacked
Legendary
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Activity: 1666
Merit: 1192
It's all mathematics...!
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July 02, 2015, 08:20:58 PM |
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Reloading at the 200 day SMA support--who's ready for some fireworks this weekend?
For a novice, and if you don't mind for sure, could you elaborate this for me please  200 day SMA support look at the blue line, that's the 200 day SMA.  SMA means "simple moving average". It's the average of the last 200 datapoints. So with daily resolution it shows the average of the last 200 days. Hence "200 day SMA". It has been resistance or way above for the last year and we broke through it recently. Now it might act as support, as many hope. If it does, the tides may be turning. EDIT: changed screenshot to include time axis I totally agree about support! BTC is gonna move onward and upward in an orderly fashion! cheers Bulls !
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Fatman3001
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Make Bitcoin glow with ENIAC
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July 02, 2015, 08:23:42 PM |
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Reloading at the 200 day SMA support--who's ready for some fireworks this weekend?
For a novice, and if you don't mind for sure, could you elaborate this for me please  200 day SMA support look at the blue line, that's the 200 day SMA.  SMA means "simple moving average". It's the average of the last 200 datapoints. So with daily resolution it shows the average of the last 200 days. Hence "200 day SMA". It has been resistance or way above for the last year and we broke through it recently. Now it might act as support, as many hope. If it does, the tides may be turning. EDIT: changed screenshot to include time axis I totally agree about support! BTC is gonna move onward and upward in an orderly fashion! cheers Bulls ! 
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hodlmybtc
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July 02, 2015, 08:28:30 PM |
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Would be nice if we kiss the 1D 200SMA goodbye 1 more time at $250 and don't see it again the coming year.
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tarmi
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July 02, 2015, 08:32:50 PM |
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yes, this time is different.
after this bull trap we will hit double digits.
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rjclarke2000
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July 02, 2015, 08:33:26 PM |
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Just need to look at bigger picture. We are doing just fine.  the train is almost ready. This! With a mix of epic stock market bubble, Greek drama, USD bubble... Things are about to change  I'm no analyst, just a simple hodler but looking at that graph it is screaming time for the next bull run
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LFC_Bitcoin
Diamond Hands
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July 02, 2015, 08:46:05 PM |
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yes, this time is different.
after this bull trap we will hit double digits.

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tarmi
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July 02, 2015, 08:48:55 PM |
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 ...you will learn by the numbers!
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Greendragon
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July 02, 2015, 08:51:31 PM |
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yes, this time is different.
after this bull trap we will hit double digits.

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Hyperjacked
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Activity: 1666
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It's all mathematics...!
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July 02, 2015, 08:53:10 PM |
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yes, this time is different.
after this bull trap we will hit double digits.
 And I had tarmi on ignore! Thanks for the repost and laughs...  BTC is not looking back imHo $$$
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ChartBuddy
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1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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July 02, 2015, 09:01:33 PM |
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ejinte
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July 02, 2015, 09:04:21 PM |
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