macsga
Legendary
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Activity: 1484
Merit: 1002
Strange, yet attractive.
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May 16, 2014, 02:09:23 PM |
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At last, this thread finally starts looking familiar again!  |
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"I'm sure that in 20 years there will either be very large transaction volume or no volume." -- Satoshi
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RUEHL
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May 16, 2014, 02:11:19 PM |
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huOOobii + biiTTtstammPpeedde =  |
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edwardspitz
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May 16, 2014, 02:27:24 PM |
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I am by no means an expert in chart analysis or indicators. But when I look at the 3d chart and the RSI indicator all I see is the fractal repeating itself one more time:  I find this chart particular interesting because there are other indicators the could point to trend reversal (such as the way we have been right at the top of the descending channel and possibly even broken out a few times). Looking across the 3 sections where we have been overbought you notice that the volume has increased every time. It don't think this means anything... It is just because Kraken has gotten more customers (which of course is a good thing  ) If you think my interpretation is wrong then please enlighten me. I think that if you want to do long term analysis thats fair over a period of time you should use an exchange that gets more than a peak of 5700BTC on the 3d chart. Not saying your observations aren't legit just that volume can tell you a lot and kraken doesn't have much. Thanks for the feedback. I tried the same thing on Stamp and I think it shows the same pattern. However on Stamp the volume has been decreasing when looking across the 3 sections. |
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seljo
Legendary
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Activity: 1178
Merit: 1014
Hodling since 2011.®
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May 16, 2014, 02:44:29 PM |
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This one!  |
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bigdave
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May 16, 2014, 02:56:42 PM |
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I'd love to see one more drop to the 430-435 range before we go back up again.
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ChartBuddy
Legendary
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Activity: 2156
Merit: 1745
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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May 16, 2014, 03:00:46 PM |
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Bronstad
Member
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Activity: 92
Merit: 10
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May 16, 2014, 03:03:25 PM |
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I'd love to see one more drop to the 430-435 range before we go back up again.
Don't get greedy. |
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Blue
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May 16, 2014, 03:05:31 PM |
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huoby outa steam ! ... drop trickle incoming
and
hey ! boy !
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Kupsi
Legendary
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Activity: 1193
Merit: 1003
9.9.2012: I predict that single digits... <- FAIL
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May 16, 2014, 03:06:00 PM |
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I'd love to see one more drop to the 430-435 range before we go back up again.
I guess we see that this weekend. |
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bigdave
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May 16, 2014, 03:07:09 PM |
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I'd love to see one more drop to the 430-435 range before we go back up again.
Don't get greedy. I just want to see my orders filled and after that I'm along for the ride!  |
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tuneman1980
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May 16, 2014, 03:08:24 PM |
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So I think mister chartbuddy's chart is beginning to shift to the right. |
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TERA
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May 16, 2014, 03:15:02 PM |
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Huobi blows its load of volume into the upper trendline as an orgasm of trains and rockets appears on the forum. Seems familiar. What happens next?
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Blue
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May 16, 2014, 03:15:52 PM |
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huobi drop to 2769 incoming
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adamstgBit
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Activity: 1904
Merit: 1037
Trusted Bitcoiner
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May 16, 2014, 03:18:27 PM |
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ShroomsKit
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May 16, 2014, 03:23:40 PM |
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I'd love to see one more drop to the 430-435 range before we go back up again.
You've had months. |
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TERA
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May 16, 2014, 03:25:35 PM |
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Does anyone else think this trend looks similar to the pre-gox-failure trend in the 800s where it kept hitting 820? I can't be the only one...  |
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sidhujag
Legendary
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Activity: 2044
Merit: 1005
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May 16, 2014, 03:25:48 PM |
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Modi is elected.. that is bullish bitcoin.
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ShroomsKit
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May 16, 2014, 03:26:39 PM |
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A dump after a pump? Who would've guessed!
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Blue
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May 16, 2014, 03:28:42 PM |
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Modi is elected.. that is bullish bitcoin.
sure. and the muslim riot within three months |
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Bitcoin_is_here_to_stay
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May 16, 2014, 03:31:50 PM |
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My new view of the market:  I wouldn't be suprised to see flat for an entire year. Even permabears are drawing uptrends again! TERA has always been a long-term bull. Yeah, I know everybody is expecting triangle breakout in days or weeks, but I also have a hunch it can be flat for couple of months. |
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