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bassclef
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October 14, 2014, 06:36:32 AM |
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12hr head & shoulders completed on heavy volume. Trend reversal confirmed. Time to go long. Major resistance at $440-$450.
Major resistence is at $420. Don't look to the past. Look at the here and now( order book)! 1. order book can change instantly, not a reliable indicator 2. the past indicates support/resistance levels and their respective volumes, or how many players traded and will remember that particular price. support becomes resistance and vice-versa. |
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nanobrain
Legendary
 Offline
Activity: 1008
Merit: 1000
Dumb broad
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October 14, 2014, 06:38:11 AM |
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And up goes the wall...
But no-one dumping 1K of coins into the bid-side, as we have come to expect in the last six months. So, perhaps the wall at 420 is a good thing, calming the market and allowing some consolidation before further gains? +1 It´s a guardian whale. He wants a controllable rise. We think as one Fonzie  I know its a bit passe to invoke Loaded at these times but IIRC he did say he had fiat arriving at Stamp in the days after the 300wall fell. He would have the resources and the intelligence to push the market up slowly. |
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ShroomsKit
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October 14, 2014, 06:39:25 AM |
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So all these dumpers are still trying? Are they aware that they can make money by Bitcoin going up?
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600watt
Legendary
Offline
Activity: 2338
Merit: 2106
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October 14, 2014, 06:41:15 AM |
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Lol, that is why they called the movie "the RISE & RISE..."
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jaberwock
Legendary
Offline
Activity: 2534
Merit: 1073
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October 14, 2014, 06:47:00 AM |
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How long until we get back to 420?
I wanna put some raggae to play
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JayJuanGee
Legendary
Offline
Activity: 3696
Merit: 10178
Self-Custody is a right. Say no to"Non-custodial"
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October 14, 2014, 06:47:31 AM |
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Hey Adam. It's time for a new poll.
This one has outlived its usefulness.
Adam has relationship issues, and he doesn't have time for fucking polls.  |
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porcupine87
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October 14, 2014, 06:48:44 AM |
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12hr head & shoulders completed on heavy volume. Trend reversal confirmed. Time to go long. Major resistance at $440-$450.
Major resistence is at $420. Don't look to the past. Look at the here and now( order book)! 1. order book can change instantly, not a reliable indicator 2. the past indicates support/resistance levels and their respective volumes, or how many players traded and will remember that particular price. support becomes resistance and vice-versa. sure it can change. But now there is a wall at $420 with 4000 coins. This could deter people to buy at $415 because the price will likely no rise for the next time. I don't like TA. In my opinion price is the result of supply and demand. But if many traders believe in TA this will get a self-fullfilling prophecy. But I would say: If people try to predict the future with chart analysis, they are right at 50 50. I bought new coins after we broke that 26k wall. This has more impact than charts! PS: There is no resistance or support level at $420 in the past. Neither is it a round number (like $400). Why is there such a resistence now? |
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JayJuanGee
Legendary
Offline
Activity: 3696
Merit: 10178
Self-Custody is a right. Say no to"Non-custodial"
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October 14, 2014, 06:51:00 AM |
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Looks like a lot of panic buying to me.
Big red falling knives incoming.
Hi Nanobrain.... one of the last of the bears..  You gonna come over to our side, soon?  |
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Davyd05
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October 14, 2014, 06:51:45 AM |
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640 market sell on finex maybe more shorts closing.
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superresistant
Legendary
Offline
Activity: 2128
Merit: 1120
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October 14, 2014, 06:52:40 AM |
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Anyone selling under 5K USD is a fool.
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kryptopojken
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October 14, 2014, 06:53:36 AM |
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640 market sell on finex maybe more shorts closing.
you mean longs closing? |
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Wilhelm
Legendary
Offline
Activity: 1652
Merit: 1265
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October 14, 2014, 06:56:47 AM |
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12hr head & shoulders completed on heavy volume. Trend reversal confirmed. Time to go long. Major resistance at $440-$450.
Major resistence is at $420. Don't look to the past. Look at the here and now( order book)! 1. order book can change instantly, not a reliable indicator 2. the past indicates support/resistance levels and their respective volumes, or how many players traded and will remember that particular price. support becomes resistance and vice-versa. Hope we break $666 soon. Religion can be a bitch!! |
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Davyd05
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October 14, 2014, 06:57:43 AM |
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640 market sell on finex maybe more shorts closing.
you mean longs closing? correct you are, |
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ChartBuddy
Legendary
Offline
Activity: 2156
Merit: 1745
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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October 14, 2014, 07:00:56 AM |
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jaberwock
Legendary
Offline
Activity: 2534
Merit: 1073
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October 14, 2014, 07:02:40 AM |
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Oh dear btc e back to sub 400
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ShroomsKit
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October 14, 2014, 07:05:43 AM |
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Oh dear btc e back to sub 400
They just keep dumping as if their life depends on it. The way up is gonna be hard and slow. It seems that their coins getting worth more is the worst thing that could happen to these people and they will do anything to avoid it. |
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nanobrain
Legendary
Offline
Activity: 1008
Merit: 1000
Dumb broad
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October 14, 2014, 07:11:23 AM |
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Looks like the 'player' has moved out for now, Stamp order book back to a normal spread -- now we see what the market sentiment is really like.
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mavericklm
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October 14, 2014, 07:12:26 AM |
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everybody: up up up! me: down down down!  |
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BTCat
Legendary
Offline
Activity: 1960
Merit: 1010
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October 14, 2014, 07:13:56 AM |
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Nice bullride. Next target $485 ?
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touhonoob
Newbie
Offline
Activity: 42
Merit: 0
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October 14, 2014, 07:16:56 AM |
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3K wall is gone
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