masterluc (OP)
Legendary
Offline
Activity: 938
Merit: 1013
|
|
October 06, 2014, 10:23:53 AM |
|
Yeah, was this really IT? Or more to come ...
What IT? Bottom? During last 2 days - YES. You didn't specified timeframe It is big mistake - try to catch "true" bottom and sell at "true" top. It is the best way to loose money because you will never do that. And while you try to do that you loose a lot of money. Nobody perfect. I see price went too far down and buy. I see price went too far up and sell. Indicators, oscillators wave theories helps me to feel the strength of wave to define whether it weak or still strong. I act on weak wave. Weak bearish wave - buy, weak bullish wave - sell.
|
|
|
|
oda.krell
Legendary
Offline
Activity: 1470
Merit: 1007
|
|
October 06, 2014, 10:32:03 AM |
|
Request for some input, luc: Would you consider this (orange box) to count as (conditional) support? Daily SMA20, 3SD. Wick broke support, but close above.
|
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 (OP)
Legendary
Offline
Activity: 938
Merit: 1013
|
|
October 06, 2014, 10:40:03 AM |
|
Your pic says at this volatility level (bb width) -3 line is safe place to buy and -1 line is best place to sell.
|
|
|
|
oda.krell
Legendary
Offline
Activity: 1470
Merit: 1007
|
|
October 06, 2014, 10:45:31 AM |
|
Your pic says at this volatility level (bb width) -3 line is safe place to buy and -1 line is best place to sell.
Ha, nice. Thanks. That's a much better way to think of it.
|
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.
|
|
|
kryptopojken
|
|
October 06, 2014, 10:55:48 AM |
|
Yeah, was this really IT? Or more to come ...
What IT? Bottom? During last 2 days - YES. You didn't specified timeframe It is big mistake - try to catch "true" bottom and sell at "true" top. It is the best way to loose money because you will never do that. And while you try to do that you loose a lot of money. Nobody perfect. I see price went too far down and buy. I see price went too far up and sell. Indicators, oscillators wave theories helps me to feel the strength of wave to define whether it weak or still strong. I act on weak wave. Weak bearish wave - buy, weak bullish wave - sell. That makes perfect sense Just wondering if you think we will retest the low 275. Or maybe that doesn't matter right now?
|
|
|
|
sumantso
Legendary
Offline
Activity: 1050
Merit: 1000
|
|
October 06, 2014, 01:40:32 PM |
|
I assume price will not break up bottom BB resistance in two days, so I should say we going down hard. Not really panic I think, but continous downtrend at least until December 2014. With deeps and rips. Volatility returns.
Nearest support at around 300-340.
Spot on prediction! Rebound to 350-390 expected
Daily macd bullish divergence disappeared
This negates the earlier rebound prediction?
|
|
|
|
masterluc (OP)
Legendary
Offline
Activity: 938
Merit: 1013
|
|
October 06, 2014, 02:55:15 PM |
|
This negates the earlier rebound prediction?
No.
|
|
|
|
devphp
|
|
October 06, 2014, 02:58:05 PM |
|
What happens after rebound?
|
|
|
|
masterluc (OP)
Legendary
Offline
Activity: 938
Merit: 1013
|
|
October 06, 2014, 03:32:20 PM |
|
Probably triangle
|
|
|
|
thiec
|
|
October 07, 2014, 03:30:16 PM |
|
What happens after rebound?
Its drop again
|
|
|
|
kryptopojken
|
|
October 07, 2014, 10:26:57 PM |
|
Will we break down from this formation?
|
|
|
|
fewcoins
|
|
October 07, 2014, 10:28:32 PM |
|
Will we break down from this formation?
Probably after retesting the 270 low
|
|
|
|
masterluc (OP)
Legendary
Offline
Activity: 938
Merit: 1013
|
|
October 07, 2014, 10:34:10 PM |
|
i dont see any formation yet after last drop
|
|
|
|
kryptopojken
|
|
October 07, 2014, 10:41:07 PM |
|
Correct me if I'm wrong, but I was thinking about this:
|
|
|
|
oda.krell
Legendary
Offline
Activity: 1470
Merit: 1007
|
|
October 07, 2014, 11:55:14 PM |
|
Correct me if I'm wrong, but I was thinking about this:
[picture downward channel]
Or, alternatively, upwards breakout out of this triangle: Not really betting on that though, no volume confirmation or anything.
|
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.
|
|
|
fewcoins
|
|
October 08, 2014, 12:03:10 AM |
|
Correct me if I'm wrong, but I was thinking about this:
[picture downward channel]
Or, alternatively, upwards breakout out of this triangle: Not really betting on that though, no volume confirmation or anything.
|
|
|
|
kryptopojken
|
|
October 08, 2014, 10:29:09 AM |
|
Some action now
Perhaps gearing up for some thursday action
|
|
|
|
|
|
masterluc (OP)
Legendary
Offline
Activity: 938
Merit: 1013
|
|
October 08, 2014, 04:31:47 PM |
|
|
|
|
|
|