Imminent fall ?

[marvinrouge]

Low volume, bearish feeling all around...

Maybe a big fall tomorrow ?  

What do you think ?

[RyNinDaCleM]

This chart I can agree with. Some of your others... not so much!

[CMMPro]

Bear flags....I believe it's going to drop.

[marvinrouge]

This chart I can agree with. Some of your others... not so much!

My bearish charts seem to be more accurate than my bullish ones  

[BitChick]

I am a bull so I think it is going to go up.  There is some good news out there and now that Mt. Gox is supposedly allowing for withdrawals things should be better.

I also really liked this news about imminent adoption in Africa in the Press today: https://bitcointalk.org/index.php?topic=250027.0

Maybe I am too eager to look for positive news in the midst of all of this but it looks very promising.

[marvinrouge]

I am a bull so I think it is going to go up.  There is some good news out there and now that Mt. Gox is supposedly allowing for withdrawals things should be better.

I also really liked this news about imminent adoption in Africa in the Press today: https://bitcointalk.org/index.php?topic=250027.0

Maybe I am too eager to look for positive news in the midst of all of this but it looks very promising.

I'm full bullish, but I feel we're in a very strong downward trend and all the good news will be usefull only after we touch the bottom

[Dalib]

yes seems that this wave (downward) is not over yet.

Yesterday, the price return of 71 today but no big move up, low volumes and selling pressure above 82, probably put down. Unfortunately ...

[RyNinDaCleM]

I am a bull so I think it is going to go up.  There is some good news out there and now that Mt. Gox is supposedly allowing for withdrawals things should be better.

I also really liked this news about imminent adoption in Africa in the Press today: https://bitcointalk.org/index.php?topic=250027.0

Maybe I am too eager to look for positive news in the midst of all of this but it looks very promising.

The thing about news; in a Bull market, good news pushes price while bad news is meh. I a Bear market,  bad new accelerates the fall while good news just slows it. The perception of news is different in different situations.

[Dalib]

I am a bull so I think it is going to go up.  There is some good news out there and now that Mt. Gox is supposedly allowing for withdrawals things should be better.

I also really liked this news about imminent adoption in Africa in the Press today: https://bitcointalk.org/index.php?topic=250027.0

Maybe I am too eager to look for positive news in the midst of all of this but it looks very promising.

I'm full bullish, but I feel we're in a very strong downward trend and all the good news will be usefull only after we touch the bottom

+1

[BitChick]

I am a bull so I think it is going to go up.  There is some good news out there and now that Mt. Gox is supposedly allowing for withdrawals things should be better.

I also really liked this news about imminent adoption in Africa in the Press today: https://bitcointalk.org/index.php?topic=250027.0

Maybe I am too eager to look for positive news in the midst of all of this but it looks very promising.

The thing about news; in a Bull market, good news pushes price while bad news is meh. I a Bear market,  bad new accelerates the fall while good news just slows it. The perception of news is different in different situations.

I think the Winklevii news probably slowed things down a bit already, so I do get that it does slow things down.

I would think the fact that it is not falling again today is very positive news though.

[RyNinDaCleM]

I am a bull so I think it is going to go up.  There is some good news out there and now that Mt. Gox is supposedly allowing for withdrawals things should be better.

I also really liked this news about imminent adoption in Africa in the Press today: https://bitcointalk.org/index.php?topic=250027.0

Maybe I am too eager to look for positive news in the midst of all of this but it looks very promising.

The thing about news; in a Bull market, good news pushes price while bad news is meh. I a Bear market,  bad new accelerates the fall while good news just slows it. The perception of news is different in different situations.

I think the Winklevii news probably slowed things down a bit already, so I do get that it does slow things down.

I would think the fact that it is not falling again today is very positive news though.

Today is slow partly due to the holiday in the US. Also, this is just a small consolidation before we continue to fall. I know it's not what you or any of the other holders want to here, but that's the case at hand. The volume would be rising with the price if we were in a turn around state.

[Dalib]

I am a bull so I think it is going to go up.  There is some good news out there and now that Mt. Gox is supposedly allowing for withdrawals things should be better.

I also really liked this news about imminent adoption in Africa in the Press today: https://bitcointalk.org/index.php?topic=250027.0

Maybe I am too eager to look for positive news in the midst of all of this but it looks very promising.

The thing about news; in a Bull market, good news pushes price while bad news is meh. I a Bear market,  bad new accelerates the fall while good news just slows it. The perception of news is different in different situations.

I think the Winklevii news probably slowed things down a bit already, so I do get that it does slow things down.

I would think the fact that it is not falling again today is very positive news though.

Today is slow partly due to the holiday in the US. Also, this is just a small consolidation before we continue to fall. I know it's not what you or any of the other holders want to here, but that's the case at hand. The volume would be rising with the price if we were in a turn around state.

just ...

[tokeweed]

Low volume, bearish feeling all around...

Maybe a big fall tomorrow ?  

What do you think ?

nice pattern find.  my answer, don't worry about it, you have no control.  just worry about the things you have control over.  like when to sell, how much to sell and when to get back in.

[RyNinDaCleM]

This chart I can agree with. Some of your others... not so much!

My bearish charts seem to be more accurate than my bullish ones  

That's actually a good thing! Corrections are the hardest periods to work with. A trained monkey can make money in a Bull run.

[RyNinDaCleM]

just ...

If you look at it this way...



Notice how volume rises with price drops and lowers with price rises?

[giantdragon]

Markets are irrational, therefore you should stop looking at charts and make decisions based only on the fundamentals (which are mostly positive last time).

[marvinrouge]

Markets are irrational, therefore you should stop looking at charts and make decisions based only on the fundamentals (which are mostly positive last time).

Making decisions on the fondamental only cost me lot of money so far. Believing in technical analysis save me lot of money. So I m pragmatic 

[niothor]

Low volume, bearish feeling all around...

Maybe a big fall tomorrow ?  

What do you think ?

I have the feeling I saw that graph for month every time I went to the toilet after a beer.
Why dind't I invest consequently

[marvinrouge]

Low volume, bearish feeling all around...

Maybe a big fall tomorrow ?  

What do you think ?

[]https://www.tradingview.com/i/83dwYkAo/[/]

I have the feeling I saw that graph for month every time I went to the toilet after a beer.
Why dind't I invest consequently

 

[giantdragon]

Making decisions on the fondamental only cost me lot of money so far. Believing in technical analysis save me lot of money. So I m pragmatic 

In long run only fundamental factors have sense. You just have to wait fair price and never sell below it.