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Frozenlock
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May 07, 2013, 09:42:14 PM |
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Hold 110. For the love of god please please hold.  $110 seems to be a major short term resistance. I wouldn't be too worried. (Inb4 $115 trolling me) |
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Awhut
Newbie
 Offline
Activity: 28
Merit: 0
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May 07, 2013, 09:44:13 PM |
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If we bounce of 110 where do you think we will fall to? 97 was the low earlier.
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cdb000
Member
Offline
Activity: 112
Merit: 11
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May 07, 2013, 09:46:17 PM |
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When you look at the chart going back a few months, it is pretty clear that that symmetrical like triangle is a part of the uptrend and NOT recent downtrend. Also, since it is symmetrical, that would be a good omen coming out of a big upmove. But I agree with you, I don't know.  Uptrend? Where? Oh you mean this:  C'mon, clearly a bubble!  Edit: And this, children, is why we use logarithmic charts. Thank you! And can you tell us, as others including myself have asked, where did you get that Logarithmic chart? Was it built custom from Gox data? IAS This charts was from bitcoincharts.com. Try, for example, http://bitcoincharts.com/charts/mtgoxUSD#rg60ztgSzm1g10zm2g25zvzlTick or untick the "Log Scale" box |
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Frozenlock
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May 07, 2013, 09:47:32 PM |
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If we bounce of 110 where do you think we will fall to? 97 was the low earlier.
Tan tan taaannn! The singularity is near! As others pointed out:  |
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smoothie
Legendary
Offline
Activity: 2492
Merit: 1473
LEALANA Bitcoin Grim Reaper
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May 07, 2013, 09:55:49 PM |
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If we bounce of 110 where do you think we will fall to? 97 was the low earlier.
Tan tan taaannn!The singularity is near! As others pointed out: It's "DAN DAN DAAAAAANN!"  |
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oda.krell
Legendary
Offline
Activity: 1470
Merit: 1007
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May 07, 2013, 09:57:46 PM |
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 Buyer beware. You made a wedge that doesn't touch any candle extremities.  mmmmmh... those are by far the *best* wedges. |
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Frozenlock
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May 07, 2013, 10:04:27 PM |
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It's "DAN DAN DAAAAAANN!"  |
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Its About Sharing
Legendary
Offline
Activity: 1442
Merit: 1000
Antifragile
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May 07, 2013, 10:04:48 PM |
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That was interesting. There was that sell order for 450-500 or so sitting on 110. As we blew to it it went up to 600 something...
This 110 level just keeps seeing more and more sells.
It's gone!!!
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Missionary
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May 07, 2013, 10:05:30 PM |
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Woah! Nice movement!
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Kazu
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May 07, 2013, 10:05:52 PM |
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I've seen this too. This is like, the legit wedge. All the others are just wanabes. |
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ChartBuddy
Legendary
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Activity: 2296
Merit: 1801
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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May 07, 2013, 10:06:01 PM |
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chriswilmer
Legendary
Offline
Activity: 1008
Merit: 1000
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May 07, 2013, 10:06:24 PM |
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arne
Newbie
Offline
Activity: 47
Merit: 0
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May 07, 2013, 10:07:13 PM |
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The secret rocket is taking off |
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fitty
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May 07, 2013, 10:08:16 PM |
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Finally Chinese Fiat has arrived!
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Ivanhoe
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May 07, 2013, 10:10:04 PM |
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Well done lady's on to 120 and beyond |
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Awhut
Newbie
Offline
Activity: 28
Merit: 0
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May 07, 2013, 10:10:19 PM |
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when did 109 wall appear?
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Frozenlock
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May 07, 2013, 10:10:27 PM |
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Did the bid wall just vanish?
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phoenix1
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May 07, 2013, 10:12:44 PM |
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Finally Chinese Fiat has arrived! I am a big buyer She is lovely |
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firstlast
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May 07, 2013, 10:15:27 PM |
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I've seen this too. This is like, the legit wedge. All the others are just wanabes. FWIW | date | red line | green line | | 5/8/2013 | 116.97 | 92.79 | | 5/9/2013 | 113.63 | 94.93 | | 5/10/2013 | 110.38 | 97.13 | | 5/11/2013 | 107.22 | 99.38 | | 5/12/2013 | 104.16 | 101.69 | | 5/13/2013 | 101.18 | 104.04 |
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