|
mooncake
|
 |
April 06, 2014, 12:29:33 AM |
|
340$ until tuesday is my guess.  Make it 34.0$. |
|
|
|
|
byronbb
Legendary
 Offline
Activity: 1414
Merit: 1000
HODL OR DIE
|
|
April 06, 2014, 12:30:33 AM |
|
|
|
|
|
|
FlyingLotus
Newbie
Offline
Activity: 47
Merit: 0
|
|
April 06, 2014, 12:31:30 AM |
|
This looks as promising as anything we've seen recently.. cover your arses though, gents, it could get bumpy!
|
|
|
|
|
seleme
Legendary
Offline
Activity: 2772
Merit: 1028
Duelbits.com
|
|
April 06, 2014, 12:32:36 AM |
|
Let's be fair, this is not R of reversal.
|
|
|
|
|
FlyingLotus
Newbie
Offline
Activity: 47
Merit: 0
|
|
April 06, 2014, 12:35:13 AM |
|
I don't think we we see anything confidently permanent until the china business is put to bed, but perhaps an opportunity is arising to play the game a little is all.
|
|
|
|
|
|
TERA
|
|
April 06, 2014, 12:35:34 AM |
|
This is just a weak pushback and dead cat bounce from the 400 support level. Will bounce to $540 max. Anyone who thinks this is the actual reversal is being deluded and drinking some koolaid from bobby lee about how everything is ok in China. Wait until at least a 3 day MACD cross to start calling a reversal.
|
|
|
|
|
adamstgBit
Legendary
Offline
Activity: 1904
Merit: 1038
Trusted Bitcoiner
|
|
April 06, 2014, 12:38:28 AM |
|
495 or more - 19 (10.6%)
480 - 14 (7.8%)
465 - 38 (21.1%)
450 - 71 (39.4%)
435 - 15 (8.3%)
420 - 3 (1.7%)
405 or less - 20 (11.1%)
closed at 464.8 21.1% got it right
I voted for 480, close but no cigar.
I changed the poll question up a bit today.
go vote!
|
|
|
|
|
|
magicmexican
|
|
April 06, 2014, 12:39:14 AM |
|
This is just a weak pushback and dead cat bounce from the 400 support level. Will bounce to $540 max. Anyone who thinks this is the actual reversal is being deluded and drinking some koolaid from bobby lee about how everything is ok in China. Wait until at least a 3 day MACD cross to start calling a reversal.
3 day Macd too risky, i prefer to wait 1 year Macd cross to be safe |
|
|
|
|
|
TERA
|
|
April 06, 2014, 12:40:29 AM |
|
This is just a weak pushback and dead cat bounce from the 400 support level. Will bounce to $540 max. Anyone who thinks this is the actual reversal is being deluded and drinking some koolaid from bobby lee about how everything is ok in China. Wait until at least a 3 day MACD cross to start calling a reversal.
3 day Macd too risky, i prefer to wait 1 year Macd cross to be safe The 1 day MACD is good to trade in on (and out of) but you can't call the reversal on it. |
|
|
|
|
chessnut
Legendary
Offline
Activity: 924
Merit: 1001
|
|
April 06, 2014, 12:42:03 AM |
|
Nothing beats the human eye when it comes to lagging indicators. you only have a 50% chance that your macd is in tune with he market forces.
|
|
|
|
|
billyjoeallen
Legendary
Offline
Activity: 1106
Merit: 1007
Hide your women
|
|
April 06, 2014, 12:42:18 AM |
|
the next dump could be brutal
For the dumper yes. Who would dump at these prices? I just market sold 3 BTC @ $465. If this shit continues, I'll double that and then double it again. Then I'll leverage short. |
|
|
|
|
chessnut
Legendary
Offline
Activity: 924
Merit: 1001
|
|
April 06, 2014, 12:44:19 AM |
|
I just market sold 3 BTC @ $465. If this shit continues, I'll double that and then double it again. Then I'll leverage short.
I thought you learned your lesson with leverage. Imagine the possibility that you take another hit while watching your would be investment take a hike. maybe you need to take a break, you sound angry. |
|
|
|
|
|
TERA
|
|
April 06, 2014, 12:45:23 AM |
|
Nothing beats the human eye when it comes to lagging indicators. you only have a 50% chance that your macd is in tune with he market forces.
I think of this when there is high volume but not when there is low volume. |
|
|
|
|
podyx
Legendary
Offline
Activity: 2338
Merit: 1035
|
|
April 06, 2014, 12:45:57 AM |
|
I just market sold 3 BTC @ $465. If this shit continues, I'll double that and then double it again. Then I'll leverage short.
billyjoe, take a pause from the bitcoin market and watch The counselor see what happens when greed takes over  |
|
|
|
|
|
p0peji
|
|
April 06, 2014, 12:46:02 AM |
|
Leverage shorting now would not be a bad idea imo.
|
|
|
|
|
billyjoeallen
Legendary
Offline
Activity: 1106
Merit: 1007
Hide your women
|
|
April 06, 2014, 12:47:11 AM |
|
I just market sold 3 BTC @ $465. If this shit continues, I'll double that and then double it again. Then I'll leverage short.
I thought you learned your lesson with leverage. Imagine the possibility that you take another hit while watching your would be investment take a hike. maybe you need to take a break, you sound angry. Good point. Maybe I'll double it four times before margin shorting. |
|
|
|
|
|
magicmexican
|
|
April 06, 2014, 12:48:24 AM |
|
This is just a weak pushback and dead cat bounce from the 400 support level. Will bounce to $540 max. Anyone who thinks this is the actual reversal is being deluded and drinking some koolaid from bobby lee about how everything is ok in China. Wait until at least a 3 day MACD cross to start calling a reversal.
3 day Macd too risky, i prefer to wait 1 year Macd cross to be safe The 1 day MACD is good to trade in on (and out of) but you can't call the reversal on it. I agree, i wouldnt call it reversal, just being oversold for past days. But saying its going to 540$ max is a bit ballsy, you never know what positive news could come up during the rise to fuel the rally. On the other note, ltc/usd being controlled in the tight range by dumping ltc/btc when btc goes up, i expect a sudden panic buy @ltc soon, it always laggs behind like that |
|
|
|
|
|
TERA
|
|
April 06, 2014, 12:49:24 AM |
|
This is just a weak pushback and dead cat bounce from the 400 support level. Will bounce to $540 max. Anyone who thinks this is the actual reversal is being deluded and drinking some koolaid from bobby lee about how everything is ok in China. Wait until at least a 3 day MACD cross to start calling a reversal.
3 day Macd too risky, i prefer to wait 1 year Macd cross to be safe The 1 day MACD is good to trade in on (and out of) but you can't call the reversal on it. I agree, i wouldnt call it reversal, just being oversold for past days. But saying its going to 540$ max is a bit ballsy, you never know what positive news could come up during the rise to fuel the rally. On the other note, ltc/usd being controlled in the tight range by dumping ltc/btc if btc rises, i expect a sudden panic buy @ltc soon, it always laggs behind like that Lots of positive news comes out on each of these traps and fails to result in a reversal. |
|
|
|
|
byronbb
Legendary
Offline
Activity: 1414
Merit: 1000
HODL OR DIE
|
|
April 06, 2014, 12:50:33 AM |
|
the next dump could be brutal
For the dumper yes. Who would dump at these prices? I just market sold 3 BTC @ $465. If this shit continues, I'll double that and then double it again. Then I'll leverage short. This doesn't make any sense. One should make decisions based on the current market, not "I am going to chase losses with leverage if I am wrong". |
|
|
|
|
|
magicmexican
|
|
April 06, 2014, 12:52:06 AM |
|
the next dump could be brutal
For the dumper yes. Who would dump at these prices? I just market sold 3 BTC @ $465. If this shit continues, I'll double that and then double it again. Then I'll leverage short. This doesn't make any sense. One should make decisions based on the current market, not "I am going to chase losses with leverage if I am wrong". Martingale trading is a bulletproof strat |
|
|
|
|
|
Poll
