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Author Topic: Be ready for the new crash coming...  (Read 1787 times)
ilovedragons (OP)
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July 08, 2013, 08:50:59 PM
 #1

https://i.imgur.com/7qktcYJ.png

Deal with it, bulls. We're stuck in an infinite loop, $0 imminent, etc.
bitcoin44me
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July 08, 2013, 08:53:11 PM
 #2

Why so mad bro? Sad

Crypt_Current
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July 08, 2013, 09:05:44 PM
 #3

OP chart is totally meaningless without any quantifications.  What time scale are we looking at here?  And are these crossovers the Goomboo standard 10/21 ?  Looks like a hasty emotional copy/paste from Clarkmoody ...  Roll Eyes

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WeltMaster
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July 08, 2013, 09:11:04 PM
 #4

OP chart is totally meaningless without any quantifications.  What time scale are we looking at here?  And are these crossovers the Goomboo standard 10/21 ?  Looks like a hasty emotional copy/paste from Clarkmoody ...  Roll Eyes

It's clearly labeled as 26 day time periods. I think it's a good observation outlining that the rally right now is a classic example of a bull-trap. Trends come in threes.
SkRRJyTC
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July 08, 2013, 09:11:09 PM
 #5

OP chart is totally meaningless without any quantifications.  What time scale are we looking at here?  And are these crossovers the Goomboo standard 10/21 ?  Looks like a hasty emotional copy/paste from Clarkmoody ...  Roll Eyes


The Goomboo standard.

I like it.
ilovedragons (OP)
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July 08, 2013, 09:20:58 PM
 #6

Looks like a hasty emotional copy/paste from Clarkmoody ...  Roll Eyes

You know me so well.  Smiley

To clarify, yes all of this is taken from current clarkmoody D1 chart, so prices on each time range are at the same scale. Just stacked them horizontally for a different perspective, mainly to show that this current rally fits in well with the continuing downward trend and is perhaps even expected with respect to both timing and strength.

EDIT: Accidentally said H1 instead of D1.
nobbynobbynoob
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July 08, 2013, 09:24:44 PM
 #7

Sold at 73 (not everything!) to put this bear theory to the test.

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Walsoraj
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July 08, 2013, 09:26:01 PM
 #8

I won't let it crash.
RyNinDaCleM
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July 08, 2013, 11:56:06 PM
 #9

I won't let it crash.

You keep saying that as if you have a choice

carolstreet444
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July 10, 2013, 01:38:04 PM
 #10

The coming weekend might be very intresting. It could happen that we'll see another selloff and hit the 60 USD Coin

This account was hacked and used to promote a scam ICO. IF the ICO is not scam, they still used a hacked account
Rygon
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July 10, 2013, 02:12:10 PM
 #11

It's only Wednesday. Friday is still crash day, right?
bitcoin44me
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July 10, 2013, 02:33:52 PM
 #12

Price is going higher and higher atm

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July 10, 2013, 03:12:46 PM
 #13

Price is going higher and higher atm

On low volume, except for a couple of whale dumps which represent the largest volume in the last two days.

Perhaps the biggest surprise is that those two dumps occurred and both days' candles are still green.


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July 10, 2013, 03:36:41 PM
 #14

Overall, weekly volume is strong -- getting back gradually to pre-crash levels.

And dumps aren't having lasting price impact. That means one thing: Buying pressure is back ;-)

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July 10, 2013, 08:01:05 PM
 #15

It's only Wednesday. Friday is still crash day, right?
Mostly random, but manipulated crashes happen over the weekend usually wee hours of the morning (if you are in the US)

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