Wandererfromthenorth
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October 29, 2014, 12:35:04 AM |
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My take on it: Right now there is simply too much fucking support on Bitfinex, BUT as I said yesterday I witnessed that same support being pulled when we were starting to go down (but price respected the pennant formation we were in and still are), so that's no guarantee. Best thing to do is wait when we exit the pennant and react to what happens (while waiting for volume to confirm the breakout / breakdown). IF we bounce up, I don't expect it to be a strong rally, it will probably stop at $365-$370, and then down again for the next consolidation or dump to the ground. If China leads the bear charge and Bitfinex support at around $340 starts to get pulled, that's the signal that bloody waterfalls of doom are coming. 
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Flatulenters
Member

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Activity: 71
Merit: 16
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October 29, 2014, 12:39:11 AM |
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I am really surprised that some of you still give a shit about what shroomskit posts here, I thought it was obvious that the guy is the biggest troll around.  was wondering why I was on his ignore list so I went full Sherlock mode Seriously guys, stop posting these images, I wont be able to open this thread at the office....
We still going up or was that just a tease?  bump well back to boring sideway movement now I guess...
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adamstgBit
Legendary
Offline
Activity: 1904
Merit: 1038
Trusted Bitcoiner
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October 29, 2014, 12:40:35 AM |
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My take on it: Right now there is simply too much fucking support on Bitfinex, BUT as I said yesterday I witnessed that same support being pulled when we were starting to go down (but price respected the pennant formation we were in and still are), so that's no guarantee. Best thing to do is wait when we exit the pennant and react to what happens (while waiting for volume to confirm the breakout / breakdown). IF we bounce up, I don't expect it to be a strong rally, it will probably stop at $365-$370, and then down again for the next consolidation or dump to the ground. If China leads the bear charge and Bitfinex support at around $340 starts to get pulled, that's the signal that bloody waterfalls of doom are coming. thats one falling knife you want to be catching 
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ChartBuddy
Legendary
Online
Activity: 2534
Merit: 2176
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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October 29, 2014, 01:00:33 AM |
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ponch85
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October 29, 2014, 01:22:59 AM |
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bearish flag
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adamstgBit
Legendary
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Activity: 1904
Merit: 1038
Trusted Bitcoiner
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October 29, 2014, 01:48:20 AM |
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this could be the break.
support looks good right off the bat.
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ChartBuddy
Legendary
Online
Activity: 2534
Merit: 2176
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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October 29, 2014, 02:00:34 AM |
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adamstgBit
Legendary
Offline
Activity: 1904
Merit: 1038
Trusted Bitcoiner
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October 29, 2014, 02:02:03 AM |
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Newbie1022
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October 29, 2014, 02:18:18 AM |
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We're in a full bear attack. We know this not just because of the dump on Huobi and BFX, but also that the LTC markets are starting to barf. LTC markets, at least in past dumps, have served as a leading indicator. The question, then, isn't whether there is a bear attack in progress, but will it be successful/where will it stop?
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karolina
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October 29, 2014, 02:20:49 AM |
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Looks like the calm before the storm.. Low volume.. something is going to happen very soon.
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adamstgBit
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Activity: 1904
Merit: 1038
Trusted Bitcoiner
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October 29, 2014, 02:23:53 AM |
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recommending investing in low fat popcorn.
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magicmexican
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October 29, 2014, 02:32:46 AM |
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Looks like the calm before the storm.. Low volume.. something is going to happen very soon.
I bet the price will go up or down, dont tell me i didnt warn u all, you better listen now.
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PestoQuinty
Member

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Activity: 106
Merit: 10
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October 29, 2014, 02:33:56 AM |
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Looks like the calm before the storm.. Low volume.. something is going to happen very soon.
I bet the price will go up or down, dont tell me i didnt warn u all, you better listen now. I guess you were right... Should have listened to you...
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adamstgBit
Legendary
Offline
Activity: 1904
Merit: 1038
Trusted Bitcoiner
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October 29, 2014, 02:37:38 AM |
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gr8est buying opportunity of our time

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derpinheimer
Legendary
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Activity: 896
Merit: 1000
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October 29, 2014, 02:42:41 AM |
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Looks like the calm before the storm.. Low volume.. something is going to happen very soon.
I bet the price will go up or down, dont tell me i didnt warn u all, you better listen now. I guess you were right... Should have listened to you... FFS this man is hacking at life! His prediction wasnt just "close to right'... it was flat out, 100% spot on :O. magicmexican is a witch and/or working with the devil. We must find him, and hang him. Either you are working with us, or you are working with the terrorists.
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derpinheimer
Legendary
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Activity: 896
Merit: 1000
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October 29, 2014, 02:44:54 AM |
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Fake volume bot running on OKCoin again! 
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Davyd05
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October 29, 2014, 02:46:18 AM |
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12k dildo on okcoin.. and growing 
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SkyValeey
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October 29, 2014, 02:48:48 AM |
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Fuck chinese scam exchanges. China = cancer of BTC.
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adamstgBit
Legendary
Offline
Activity: 1904
Merit: 1038
Trusted Bitcoiner
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October 29, 2014, 02:49:08 AM |
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Fake volume bot running on OKCoin again!
fuck china, they don't lead, they try to front run, its not even chinese poeple trading, its just poeple trading against the CNY with no fees, and this fake volume BS quote BTC/USD or GETO
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ChartBuddy
Legendary
Online
Activity: 2534
Merit: 2176
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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October 29, 2014, 03:00:34 AM |
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