Bitcoin Forum
January 24, 2022, 02:29:39 PM *
News: Latest Bitcoin Core release: 22.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: « 1 ... 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76 77 78 79 80 81 82 83 84 85 86 [87] 88 89 90 91 92 93 94 95 96 97 98 99 100 101 102 103 104 105 106 107 108 109 110 111 112 113 114 115 116 117 118 119 120 121 122 123 124 125 126 127 128 129 130 131 132 133 134 135 136 137 ... 336 »
  Print  
Author Topic: Analysis  (Read 939933 times)
Pruden
Hero Member
*****
Offline Offline

Activity: 496
Merit: 500

Spanish Bitcoin trader


View Profile
August 18, 2014, 10:26:09 AM
 #1721

What you two call "inflection" are relative tops and bottoms.

The inflection point is where a slope that keeps getting more and more steep starts levelling off. In masterluc's chart that would be around the 5th of February in a positive slope. In oda.krell's we have an example where he put the sign "acceleration": For a brief time the line goes down fast and suddenly (in this case) starts going down slower.

It is not needed for the slope to be zero later, though that's the case in both charts.
1643034579
Hero Member
*
Offline Offline

Posts: 1643034579

View Profile Personal Message (Offline)

Ignore
1643034579
Reply with quote  #2

1643034579
Report to moderator
1643034579
Hero Member
*
Offline Offline

Posts: 1643034579

View Profile Personal Message (Offline)

Ignore
1643034579
Reply with quote  #2

1643034579
Report to moderator
1643034579
Hero Member
*
Offline Offline

Posts: 1643034579

View Profile Personal Message (Offline)

Ignore
1643034579
Reply with quote  #2

1643034579
Report to moderator
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1643034579
Hero Member
*
Offline Offline

Posts: 1643034579

View Profile Personal Message (Offline)

Ignore
1643034579
Reply with quote  #2

1643034579
Report to moderator
oda.krell
Legendary
*
Offline Offline

Activity: 1470
Merit: 1007



View Profile
August 18, 2014, 12:56:13 PM
 #1722

What you two call "inflection" are relative tops and bottoms.

The inflection point is where a slope that keeps getting more and more steep starts levelling off. In masterluc's chart that would be around the 5th of February in a positive slope. In oda.krell's we have an example where he put the sign "acceleration": For a brief time the line goes down fast and suddenly (in this case) starts going down slower.

It is not needed for the slope to be zero later, though that's the case in both charts.

Jup, you're right. Didn't really think that one through.

Edit : the observation  about the price / ma relation remains, though, but the terms were wrong.

Not sure which Bitcoin wallet you should use? Get Electrum!
Electrum is an open-source lightweight client: fast, user friendly, and 100% secure.
Download the source or executables for Windows/OSX/Linux/Android from, and only from, the official Electrum homepage.
thefiniteidea
Hero Member
*****
Offline Offline

Activity: 519
Merit: 525


"In Us We Trust"


View Profile
August 18, 2014, 01:06:08 PM
 #1723

There goes that support. I didn't think it would hold, but damn that was quick.

Very very bearish IMO now...

Bimmerhead
Legendary
*
Offline Offline

Activity: 1289
Merit: 1000


View Profile
August 18, 2014, 01:19:26 PM
 #1724

There goes that support. I didn't think it would hold, but damn that was quick.

Very very bearish IMO now...

What does very very bearish look like to you?  Under $400?  Under $300?? Shocked
Rampion
Legendary
*
Offline Offline

Activity: 1120
Merit: 1000


View Profile
August 18, 2014, 01:29:21 PM
 #1725

There goes that support. I didn't think it would hold, but damn that was quick.

Very very bearish IMO now...

What does very very bearish look like to you?  Under $400?  Under $300?? Shocked

Under $300 would definitely be extremely bearish... Around $400 is not a big deal IMO. During the April 2013 bubble the price deflated from $266 to $50 - that's a depreciation of 80%, on the contrary $400ish would only be a 65-70% depreciation compared to the $1242 top. I don't see much real drama happening if $300 is not broken on the downside, and I honestly don't see it happening.

thefiniteidea
Hero Member
*****
Offline Offline

Activity: 519
Merit: 525


"In Us We Trust"


View Profile
August 18, 2014, 02:26:59 PM
 #1726

$380-$400 is easily in range at the moment. Sub $300 within the next 12 months is likely.

Unless there's a QE 4, lets just say I'm sitting out for a while.

masterluc
Legendary
*
Offline Offline

Activity: 938
Merit: 1013



View Profile
August 18, 2014, 02:29:57 PM
 #1727

I think here may be a local bounce off this -1 line



Also, triangle break behaviour acts like that



masterluc
Legendary
*
Offline Offline

Activity: 938
Merit: 1013



View Profile
August 18, 2014, 02:37:15 PM
 #1728

And probably most bearish case - triangle, flag or pennant


masterluc
Legendary
*
Offline Offline

Activity: 938
Merit: 1013



View Profile
August 18, 2014, 02:41:02 PM
 #1729

btce  Grin


h3speros
Full Member
***
Offline Offline

Activity: 189
Merit: 100



View Profile WWW
August 18, 2014, 02:58:55 PM
 #1730

Bitcoin is on one step from long dramatic selloff imho.

Global stocks are about to crash. This monopoly game is almost over and all money and property will be returned back to the box.

Doom and gloom, baby. Doom and gloom.

The problem with predictions like that is they're almost impossible to falsify... "dramatic selloff" implies a real crash. A new capitulation low. Say, going back to $300, maybe even lower.

Or maybe not. Let's say price is going down another leg, hitting $500, maybe even high $400s. The prediction will "sound" right as well afterwards, or at least some will claim it does (while I would hardly call it "dramatic").

Same for the stock markets. "About to crash", or "entering a longer bear market"? The two are not the same, but a vague enough statement can afterwards be claimed to have "predicted" it.


Good kings all around. Luc has been prescient several times before and we should give him props for that.

In addition, it doesn't take a rocker scientist to suggest stocks are way overbought. And it's entirely possible that if the stock market goes down I a big way that bitcoin could too - although there is no real historical precedent got this.

However, we also should consider, reading over Lucs most recent posts, that there is a certain amount of regional stress he is currently over involving where he resides. This may be causing him to have a less than well rounded and objective view of the current world financial markets.

It seems like doom and bloomers have been around forever and they, for several reasons, will always be.

These are my thoughts also about the case of lucs recent post. But I disagree on one thing, It's rocket scientist, not rocker.

Have to take back this nonsense, sry master, you nailed it.

only crypto market predictions, no bullshit https://twitter.com/h3speros
masterluc
Legendary
*
Offline Offline

Activity: 938
Merit: 1013



View Profile
August 26, 2014, 05:03:29 PM
 #1731

I see some bullish development on indicators with probability about 30% of reversal to $580-$620 zone in of 1-3 weeks.



More details on confirmation.

I am very cautious with this assertion.

mustang77
Newbie
*
Offline Offline

Activity: 56
Merit: 0


View Profile
August 27, 2014, 03:53:58 PM
 #1732

I agree with poster above.I think we will see a slow consolidation for the rest of the year towards ATH.
oda.krell
Legendary
*
Offline Offline

Activity: 1470
Merit: 1007



View Profile
August 27, 2014, 06:12:17 PM
 #1733

Question, luc: do you think this is a relevant (bullish) div on daily? (never mind the input = hl2. works with input = close as well.)


Not sure which Bitcoin wallet you should use? Get Electrum!
Electrum is an open-source lightweight client: fast, user friendly, and 100% secure.
Download the source or executables for Windows/OSX/Linux/Android from, and only from, the official Electrum homepage.
masterluc
Legendary
*
Offline Offline

Activity: 938
Merit: 1013



View Profile
August 29, 2014, 03:36:35 PM
 #1734

Question, luc: do you think this is a relevant (bullish) div on daily? (never mind the input = hl2. works with input = close as well.)
It looks like hidden bullish divergence.

But I don't see confirmation on other oscillators - primary macd. MACD usually shows much accurate divs.

And current formation still looks like a bear flag/pennant.

My version of fall to at least 380 is still has high odds.

ssmc2
Legendary
*
Offline Offline

Activity: 2016
Merit: 1040


View Profile
August 29, 2014, 09:40:07 PM
 #1735

Question, luc: do you think this is a relevant (bullish) div on daily? (never mind the input = hl2. works with input = close as well.)
It looks like hidden bullish divergence.

But I don't see confirmation on other oscillators - primary macd. MACD usually shows much accurate divs.

And current formation still looks like a bear flag/pennant.

My version of fall to at least 380 is still has high odds.

And if we see a reversal to the 580-620 zone you mentioned then those odds significantly decrease, correct?
masterluc
Legendary
*
Offline Offline

Activity: 938
Merit: 1013



View Profile
August 29, 2014, 09:48:27 PM
 #1736

If price will stay above 560 (weekly 20 sma) for two weeks I will turn bullish.

Schickeria
Member
**
Offline Offline

Activity: 84
Merit: 10


View Profile
August 29, 2014, 10:33:19 PM
Last edit: August 29, 2014, 10:43:59 PM by Schickeria
 #1737

I like your thread. Best TA thread here, excellent quality.

You should publish your btc address for small donations.

Edit: have you just now edited your signature or is it that I'm blind?  Wink
masterluc
Legendary
*
Offline Offline

Activity: 938
Merit: 1013



View Profile
August 29, 2014, 10:48:42 PM
 #1738

I don't make paid subscriptions because me (and 5 family members) live completely on incomes from bitcoin trading for two years and don't need mindfuck with another job and another responsibility.

Last time I posted whisky fund in sig there were pennies )) But if ppl want to thanks - I don't mind. Here is it 1Kdv2NzkEpeAm9xBbuAT8YH6Qbg7NhuJXG

I swear, The Great World Freedom, Democracy and Justice will not forget your contribution  Grin


oda.krell
Legendary
*
Offline Offline

Activity: 1470
Merit: 1007



View Profile
August 29, 2014, 10:55:31 PM
 #1739

Tip sent.

Posts from you and chodpaba got me interested in TA in the first place. The occasional tip is the least I can do.

Not sure which Bitcoin wallet you should use? Get Electrum!
Electrum is an open-source lightweight client: fast, user friendly, and 100% secure.
Download the source or executables for Windows/OSX/Linux/Android from, and only from, the official Electrum homepage.
masterluc
Legendary
*
Offline Offline

Activity: 938
Merit: 1013



View Profile
August 29, 2014, 11:02:41 PM
 #1740

Great thanks! There is no fate but what we make for ourselves.


Pages: « 1 ... 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76 77 78 79 80 81 82 83 84 85 86 [87] 88 89 90 91 92 93 94 95 96 97 98 99 100 101 102 103 104 105 106 107 108 109 110 111 112 113 114 115 116 117 118 119 120 121 122 123 124 125 126 127 128 129 130 131 132 133 134 135 136 137 ... 336 »
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!