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julian071
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November 27, 2016, 02:39:41 PM |
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OK, so one more bulltrap and then down for a while?
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GreekGeek
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November 27, 2016, 05:15:14 PM |
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all I see right now is a 6-months long cup and handle formation  |
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molecular
Donator
Legendary
 Offline
Activity: 2772
Merit: 1019
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November 27, 2016, 05:32:13 PM |
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^ Is that guy still using CD's for his music instead of more efficient and compact mp3's?
high-res flac mp3 is a fraud on your ears |
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JimboToronto
Legendary
 Online
Activity: 4186
Merit: 4867
You're never too old to think young.
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November 27, 2016, 06:07:54 PM |
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Good morning Bitcoinland. Slept in a little. Too busy to check in yesterday but I see we dipped a dime.... currently $739USD/$999CAD. That's the first time we slid back to the dreaded triple digits (CAD) since last Sunday's short-lived "crash" all the way down to $975. Was that the last bear trap before bursting on upward? _____ While I was pouring my coffee, it just went back up over a grand. Feels better already.  |
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Feri22
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November 27, 2016, 06:48:00 PM |
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all I see right now is a 6-months long cup and handle formation Which meeaans...? |
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Gyrsur
Legendary
Offline
Activity: 2856
Merit: 1520
Bitcoin Legal Tender Countries: 2 of 206
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November 27, 2016, 06:57:29 PM |
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all I see right now is a 6-months long cup and handle formation Which meeaans...? MOON |
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JimboToronto
Legendary
Online
Activity: 4186
Merit: 4867
You're never too old to think young.
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November 27, 2016, 06:58:14 PM |
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all I see right now is a 6-months long cup and handle formation Which meeaans...? Onward and upward. |
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uki
Legendary
Offline
Activity: 1358
Merit: 1000
cryptojunk bag holder
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November 27, 2016, 08:13:21 PM |
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all I see right now is a 6-months long cup and handle formation How about double top with the lower second peak? Is this a sole "contrarian view", or are there more who expect a proper correction right now? |
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Temp_JayJuanGee
Newbie
Offline
Activity: 28
Merit: 0
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November 27, 2016, 08:25:59 PM |
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all I see right now is a 6-months long cup and handle formation How about double top with the lower second peak? Is this a sole "contrarian view", or are there more who expect a proper correction right now? You are not "sole." There are plenty of trolls who hold the same view that BTC prices are going down.. These lovely troll people, bots predict "downwards", almost no matter what happens. Therefore, you have good company. |
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jbreher
Legendary
Offline
Activity: 3052
Merit: 1665
lose: unfind ... loose: untight
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November 27, 2016, 10:19:04 PM |
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mp3 is a fraud on your ears
I never heard the notion articulated in this manner. However, in that mp3 encoding throws out content below some arbitrary threshold of 'psychoacoustically unimportant', it is quite literally true. |
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PoolMinor
Legendary
Offline
Activity: 1843
Merit: 1338
XXXVII Fnord is toast without bread
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November 28, 2016, 12:22:43 AM |
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all I see right now is a 6-months long cup and handle formation How about double top with the lower second peak? Is this a sole "contrarian view", or are there more who expect a proper correction right now? I see what you see in addition to other indicators. The trick is to look at the indicators and not with your heart. For those looking for an upward price tend to only see things that support this ( I too want the price to go up, unfortunately "wanting it" does not make it happen). Below is the 3d chart from Bitfinex: Note the orange arrow with a Doji and the green arrow shows the confirmation. And the red circle denotes the "Crossover - As shown in the chart below, when the MACD (white line) falls below the signal line (orange line), it is a bearish signal, which indicates that it may be time to sell."  Now note the 1d chart Bitfinex: The green arrow noting the Doji and the orange arrow confirming. See also the red circle showing another MACD crossover indicating a bearish signal. Again, I am not a bear, I do wish for the price to continue upward. This is just my chart reading. Also not shown on these charts is the 1w RSI indicator showing still overbought. But please don't take my charting trend analysis as fact, research your own opinions. |
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peonminer
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November 28, 2016, 12:35:03 AM |
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Shorty mc short short time? Is that what you are trying to tell us??~~
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biggus dickus
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November 28, 2016, 03:19:30 AM
Last edit: November 28, 2016, 03:54:06 AM by biggus dickus |
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all I see right now is a 6-months long cup and handle formation How about double top with the lower second peak? Is this a sole "contrarian view", or are there more who expect a proper correction right now? I think the price doubled because of the halving, and it's not going back down because the miners don't have as many coins to dump. There have been double tops without corrections, and cups without handles. Chart formations don't always work, unless somebody has coins to dump the price isn't going back down. |
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0xfff
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November 28, 2016, 11:29:02 AM |
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all I see right now is a 6-months long cup and handle formation How about double top with the lower second peak? Is this a sole "contrarian view", or are there more who expect a proper correction right now? I think the price doubled because of the halving, and it's not going back down because the miners don't have as many coins to dump. There have been double tops without corrections, and cups without handles. Chart formations don't always work, unless somebody has coins to dump the price isn't going back down. I hope so. I think these price increases are great for bitcoin. I hope it keeps going up and I keep making money!!!  |
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petahashminer
Legendary
Offline
Activity: 1890
Merit: 1037
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November 28, 2016, 03:25:38 PM |
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lol i am waiting for 145th chinesee ban. |
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Vin
Legendary
Offline
Activity: 1166
Merit: 1015
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November 28, 2016, 03:42:35 PM |
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lol i am waiting for 145th chinesee ban. I think, that we don´t have to wait too long |
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Karartma1
Legendary
Offline
Activity: 2310
Merit: 1422
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November 28, 2016, 06:54:41 PM |
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Jurassic Union at its worst: such control freaks. Go on Bitcoin this old crumblin world does not understand you! Why is that everything new needs to resemble something old? why! |
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0rganic
Member
Offline
Activity: 119
Merit: 10
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November 28, 2016, 07:07:07 PM |
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Jurassic Union at its worst: such control freaks. Go on Bitcoin this old crumblin world does not understand you! Why is that everything new needs to resemble something old? why! Buckle up and HODL, fiat is going bye bye, guess whats coming around again, or should I say incoming, did someone say asteroid? I'll leave this clue here.. https://www.youtube.com/watch?v=366DExfdQWM&list=PLi37OtAXz4M_kUx8oXSY2YjNo0dQYNVUI |
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yefi
Legendary
Offline
Activity: 2842
Merit: 1511
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November 28, 2016, 07:25:25 PM |
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I see what you see in addition to other indicators. The trick is to look at the indicators and not with your heart. For those looking for an upward price tend to only see things that support this ( I too want the price to go up, unfortunately "wanting it" does not make it happen).
Below is the 3d chart from Bitfinex: Note the orange arrow with a Doji and the green arrow shows the confirmation. And the red circle denotes the "Crossover - As shown in the chart below, when the MACD (white line) falls below the signal line (orange line), it is a bearish signal, which indicates that it may be time to sell."
Could be a fakeout, as we had this before the May/June rally. With the uncertainty surrounding Segwit, I wouldn't be sure on that, of course. |
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