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Author Topic: I think TA is voodoo but...  (Read 889 times)
thezerg (OP)
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April 19, 2013, 08:33:47 PM
 #1

Doesn't what's happening now look a LOT like the beginning of a cup & handle? Esp. in log scale:
chart

Discuss this and other TA that you really don't trust!  Grin

Kazu
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April 19, 2013, 09:25:46 PM
 #2

Its a very angular cup.

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bassclef
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April 19, 2013, 09:42:10 PM
 #3

I'm new to TA, but I find there needs to be at least 2 (or more) strong indicators to confirm a change. And some work better than others at different times.

I'm realizing that BTC is a very emotionally-driven market right now, and managing to control my own emotions while making predictions is difficult.
glub0x
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April 19, 2013, 11:13:11 PM
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I'm realizing that BTC is a very emotionally-driven market right now, and managing to control my own emotions while making predictions is difficult.
this lesson has been more expensive to me than all my studies.
Well we can still go down :p

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minimum practical transaction size and cutting off the possibility for small casual transactions

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