keithers
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Activity: 1456
Merit: 1001
This is the land of wolves now & you're not a wolf
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April 28, 2014, 04:58:16 PM |
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So where do you guys think are current support and resistance levels? TA threads seem dead on this forum now  800 major resistance 600 resistance 400 support 300 major support could go lower still, but bitcoin always seems to have more upside potential, i'm still confident in time we will break over major resistance and skys the limit again, and then ban the sky fall at 7295$ down to 1987$ then a "stable" 3K  I agree with your figures above. I think it could be added that there is also major psychological resistance at 1000 levels. We are way off from those levels now, but once we finally approach it again, I think we will have a tough time sustaining prices above there. |
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podyx
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Activity: 2338
Merit: 1035
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April 28, 2014, 04:59:04 PM |
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Premiering next week: The Fall and Fall of Bitcoin
I'm trying to recruit the Winkevoss twins to walk the red carpet, but when I called, all I could hear was sobbing in the background.
LOL  |
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minerpumpkin
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April 28, 2014, 04:59:51 PM |
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Come on, rpietila, drop some fiat to really get us started!
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ChartBuddy
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Activity: 2618
Merit: 2292
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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April 28, 2014, 05:01:03 PM |
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pandacoin
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Activity: 1554
Merit: 1000
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April 28, 2014, 05:05:34 PM |
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We need to implement mBTC fully for 4 figure levels.
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akujin
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April 28, 2014, 05:07:27 PM |
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Bronstad
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Activity: 92
Merit: 10
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April 28, 2014, 05:10:09 PM |
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So where do you guys think are current support and resistance levels? TA threads seem dead on this forum now 800 major resistance 600 resistance 400 support 300 major support could go lower still, but bitcoin always seems to have more upside potential, i'm still confident in time we will break over major resistance and skys the limit again, and then ban the sky fall at 7295$ down to 1987$ then a "stable" 3K  |
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Bitcoin_is_here_to_stay
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April 28, 2014, 05:17:48 PM |
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So where do you guys think are current support and resistance levels? TA threads seem dead on this forum now 800 major resistance 600 resistance 400 support 300 major support could go lower still, but bitcoin always seems to have more upside potential, i'm still confident in time we will break over major resistance and skys the limit again, and then ban the sky fall at 7295$ down to 1987$ then a "stable" 3K Thanks, but I was thinking more short term. I mean, what is a price level below $500, that if we are above it, we can become optimistic again? $460? $480? On the downside, going back into $300s would obviously be a bad sign. Any support in-between except $425? |
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dreamspark
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April 28, 2014, 05:23:00 PM |
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Wisdom says different...
Wow. That's hard to argue with. Ok. |
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p0peji
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April 28, 2014, 05:30:15 PM |
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So bitcoin is becoming boring now?
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RUEHL
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April 28, 2014, 05:34:53 PM |
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So where do you guys think are current support and resistance levels? TA threads seem dead on this forum now Support is around 420 Bitstamp. 400 is more of a psychological barrier with no support at all, we could test 300's in the event of some devastating news like another exchange closure or an account ban by Citibank or Chase. weak upside resistance at 500, strong resistance at 600. A good showing in Korea by the Winkevoss twins could make this explode. |
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ChartBuddy
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Activity: 2618
Merit: 2292
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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April 28, 2014, 06:00:55 PM |
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UnDerDoG81
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Activity: 2187
Merit: 1213
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April 28, 2014, 06:11:09 PM |
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If one more "final warning" thread pops up, I should really sell |
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F-bernanke
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April 28, 2014, 06:26:32 PM |
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some nice bids on stamp.
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PoolMinor
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Activity: 1845
Merit: 1348
XXXVII Fnord is toast without bread
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April 28, 2014, 06:41:41 PM |
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nrd525
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Activity: 1870
Merit: 1023
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April 28, 2014, 06:43:05 PM |
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Based on my research, I don't believe we will see 435 ever again (Bitstamp). If someone is willing to bet (I naturally expect much better than 1:1 for me), PM please. Chart1 & Chart2. This is just the 2013-7-18 again. No looking back (when you least expect it). I had estimated that probability for 435 holding should be 10% in general public's eyes, but I thought it was 20%. So I would have taken 7:1 odds for me, and lost almost straight away.
This whole controversy boils down to -people assuming that all bets are done at 1:1 odds (most person to person bets are done this way, but not all) -the large gap between "better than 1:1" and "7:1" Making fun and/or insulting someone into taking a bet doesn't work. Trying to have the bet setup in a way that grossly favors your side and then insulting the other party for refusing to take the bet is the classic, but ineffective tactic. In general it is unlikely that you will be able to organize a bet online with someone you haven't met nor trust (the bet against Bitcoin Savings and Trust was a big exception - but it had value for both the better who was going to win, and Trendon who was hoping to prop-up his ponzi). |
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podyx
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Activity: 2338
Merit: 1035
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April 28, 2014, 06:44:36 PM |
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good opportunity to sell right here and rebuy at 450
Good to enter here Might flash 420, might not I guess we kinda did flash 420 |
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elg
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April 28, 2014, 06:46:16 PM |
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450 wall at stamp is being eaten
edit: eaten
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sleger
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April 28, 2014, 06:50:03 PM |
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450 wall at stamp is being eaten
edit: eaten
Yes but there is a (large?) hidden order on bfx at same price keeping the price down |
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