YORK's price prediction topic.

[york780]

BTC SHORT TERM:

Small pullback ahead? (+/-$50)

-Indicators saying yes
-Beartrap allert
-Uptrent will continue

Dont try to catch a falling knife because the risks are to big right now, so hold.


Happy trading all!

You are contradicting yourself. You are discouraging everyone from buying to avoid "catching a falling knife" but you encourage them to hold because you are saying the trend going up will resume. Would it not be better to buy will the price is dipping and hold more if the price is going up again?

A bear trap is really a signal to "buy the dips".

I only expected a $50 trap. The RR ratio is to high for that. Thats why its better to watch and enjoy. I dont contradict myself, that would make life really really dificult.

That does not change anything. If you think the trend up will continue and you encourage everyone to hold then surely buying now is not "catching a falling knife". It is "buying the dips" because you expect the value to go up.

True. Unless there is massive panic. The price now is quite high according to the chart so I try to warn people so that they dont get burned. Anyway the uptrend continues unless my indicators tells me otherwise.

[york780]

FTFY

PS . but but I thought this dump is over master, you said this will be a 50$ dip ...

Yes. Unless the MACD will rek us. So beware on that one!
 MACD positive  = dont worry
 MACD negative = well...
Still positive for now, thats why I posted it.

How can i see by my self about this news any link ore Will you post iT here?

I will give you guys an update if the situation is changing.

[york780]

This is why there is an altcoin bubble rightnow.
I dont expect a hardfork yet so I keep holding my coins.
Anyway some more FUD will result in more drops to come.
No FUD or bullish news = further recovery
Recovery is more likely than dropping further.

this has been the strategy all along
i never liked trading bitcoin for some weird reason of selling it for fiat,... but the altcoin trading has been very kind to me so far! the FUD in here means they get pumped over there and the rise over here means there will be a dump over there (at least 99% of the times that their market is ready).

I agree. I also stopped trading unless there is a major reason like a fork to sell my coins. I provide my knowledge to you guys because I like to and because I want to buy more coins in near future. Still I keep analysing the chart to look for good entypoints.

[Dakustaking76]

FTFY

PS . but but I thought this dump is over master, you said this will be a 50$ dip ...

Yes. Unless the MACD will rek us. So beware on that one!
 MACD positive  = dont worry
 MACD negative = well...
Still positive for now, thats why I posted it.

How can i see by my self about this news any link ore Will you post iT here?

I will give you guys an update if the situation is changing.

Thanks!!

[york780]

We have to break trough this channel to move up again.



MACD is bearish rightnow.
Further decline is likely.

[Dakustaking76]

We have to break trough this channel to move up again.



MACD is bearish rightnow.
Further decline is likely.

What do you mean??

[york780]

We have to break trough this channel to move up again.

MACD is bearish rightnow.
Further decline is likely.

What do you mean??

That we have to break trough the white line to destroy the bears once again

[york780]

what the hell is up with bitstamp! for the past week or so they have been dragging the price down with them acting like an anchor!
i just checked the price and bitfinex is pushing up towards $1200 and bitstamp is pulling down towards $1150! (where are the arbitragers )

BullFinex: $1188 (edit: it went up to $1191)
bearstamp: $1153 ($1147)

I see it. Dont trust bearstamp. Their price is false.
Bitfinex has aso false prices but at least it has the right movements.
Bearstamp is just a fantasy price, they must be drunk or something like that.
I recomment Kraken to see the right price, seems to be the most accurate.

[BitcoinHodler]

what the hell is up with bitstamp! for the past week or so they have been dragging the price down with them acting like an anchor!
i just checked the price and bitfinex is pushing up towards $1200 and bitstamp is pulling down towards $1150! (where are the arbitragers )

BullFinex: $1188 (edit: it went up to $1191)
bearstamp: $1153 ($1147)

I see it. Dont trust bearstamp. Their price is false.
Bitfinex has aso false prices but at least it has the right movements.
Bearstamp is just a fantasy price, they must be drunk or something like that.
I recomment Kraken to see the right price, seems to be the most accurate.

oopsie, sorry i deleted my comment and made it into a new topic
https://bitcointalk.org/index.php?topic=1869744.0

thanks for answering though

p.s. as a BitcoinHodler i am mostly watching the market for fun and enjoy the short term mess as an entertainment.

[Coinnosaurus]

what the hell is up with bitstamp! for the past week or so they have been dragging the price down with them acting like an anchor!
i just checked the price and bitfinex is pushing up towards $1200 and bitstamp is pulling down towards $1150! (where are the arbitragers )

BullFinex: $1188 (edit: it went up to $1191)
bearstamp: $1153 ($1147)

I see it. Dont trust bearstamp. Their price is false.
Bitfinex has aso false prices but at least it has the right movements.
Bearstamp is just a fantasy price, they must be drunk or something like that.
I recomment Kraken to see the right price, seems to be the most accurate.

what in your understanding is the right price? and where I can watch the left price?

[JohnUser]

what the hell is up with bitstamp! for the past week or so they have been dragging the price down with them acting like an anchor!
i just checked the price and bitfinex is pushing up towards $1200 and bitstamp is pulling down towards $1150! (where are the arbitragers )

BullFinex: $1188 (edit: it went up to $1191)
bearstamp: $1153 ($1147)

I see it. Dont trust bearstamp. Their price is false.
Bitfinex has aso false prices but at least it has the right movements.
Bearstamp is just a fantasy price, they must be drunk or something like that.
I recomment Kraken to see the right price, seems to be the most accurate.

Usually they are correct, maybe be bitstamp isn't right because their bank close 3 days for easter holiday.

[york780]

what the hell is up with bitstamp! for the past week or so they have been dragging the price down with them acting like an anchor!
i just checked the price and bitfinex is pushing up towards $1200 and bitstamp is pulling down towards $1150! (where are the arbitragers )

BullFinex: $1188 (edit: it went up to $1191)
bearstamp: $1153 ($1147)

I see it. Dont trust bearstamp. Their price is false.
Bitfinex has aso false prices but at least it has the right movements.
Bearstamp is just a fantasy price, they must be drunk or something like that.
I recomment Kraken to see the right price, seems to be the most accurate.

what in your understanding is the right price? and where I can watch the left price?

You can watch the right price right HERE.
For the left fantasy rainbow sugar sunshine price you can look here: https://bitcointalk.org/index.php?topic=1869252.0

[Coinnosaurus]

what the hell is up with bitstamp! for the past week or so they have been dragging the price down with them acting like an anchor!
i just checked the price and bitfinex is pushing up towards $1200 and bitstamp is pulling down towards $1150! (where are the arbitragers )

BullFinex: $1188 (edit: it went up to $1191)
bearstamp: $1153 ($1147)

I see it. Dont trust bearstamp. Their price is false.
Bitfinex has aso false prices but at least it has the right movements.
Bearstamp is just a fantasy price, they must be drunk or something like that.
I recomment Kraken to see the right price, seems to be the most accurate.

what in your understanding is the right price? and where I can watch the left price?

You can watch the right price right HERE.
For the left fantasy rainbow sugar sunshine price you can look here: https://bitcointalk.org/index.php?topic=1869252.0

but if we stand face to face, your left is my right and your right is my left , so how to be?

[york780]

what the hell is up with bitstamp! for the past week or so they have been dragging the price down with them acting like an anchor!
i just checked the price and bitfinex is pushing up towards $1200 and bitstamp is pulling down towards $1150! (where are the arbitragers )

BullFinex: $1188 (edit: it went up to $1191)
bearstamp: $1153 ($1147)

I see it. Dont trust bearstamp. Their price is false.
Bitfinex has aso false prices but at least it has the right movements.
Bearstamp is just a fantasy price, they must be drunk or something like that.
I recomment Kraken to see the right price, seems to be the most accurate.

what in your understanding is the right price? and where I can watch the left price?

You can watch the right price right HERE.
For the left fantasy rainbow sugar sunshine price you can look here: https://bitcointalk.org/index.php?topic=1869252.0

but if we stand face to face, your left is my right and your right is my left , so how to be?

You got me there.

[Dakustaking76]

We have to break trough this channel to move up again.

MACD is bearish rightnow.
Further decline is likely.

What do you mean??

That we have to break trough the white line to destroy the bears once again

So did we break the white lines?😬

[york780]

Not yet.

[york780]

W-BOTTOM 2 times in a row?

Possible bearish scenario (unlikely)

I am still confident that we will continue to move up, but this possible pattern has my worried guys.
Its possible to happen because of the scaling FUD and Bitfinex doing some dirty things.
This is a bears wet dream.
Still bitcoin need to break trough the white line in the channel of the previous chart to be in a bullish momentum again.
This is a scenario when the bulls decide to say screw it we go pump some alts and let bitcoin soar.



Advice:

Just watch the channel of the previous channel.

Destroying the upper white line = bullish
Dumping trough the bottom white line = bearish

Keep on holding guys and watch the damn channel!

Happy trading all.

[Dakustaking76]

W-BOTTOM 2 times in a row?

Possible bearish scenario (unlikely)

I am still confident that we will continue to move up, but this possible pattern has my worried guys.
Its possible to happen because of the scaling FUD and Bitfinex doing some dirty things.
This is a bears wet dream.
Still bitcoin need to break trough the white line in the channel of the previous chart to be in a bullish momentum again.
This is a scenario when the bulls decide to say screw it we go pump some alts and let bitcoin soar.



Advice:

Just watch the channel of the previous channel.

Destroying the upper white line = bullish
Dumping trough the bottom white line = bearish


Keep on holding guys and watch the damn channel!

Happy trading all.

So were expecting a big dump as you explain, cant we sell our btc the
And buy cheap...?

[megashira1]

Price is artificially inflated due to the inability to withdraw USD on finex. When this gets sorted out price is gonna drop, and then drop even more as people panic. Currently its providing a nice cushion for this little pull back which should in reality be larger than it currently appears.

[saatana]

why are the USD withdraws suspended on Finex?

I remember when USD withdraws stopped in a certain exchange, and they never came back