Bitcoin Forum
December 08, 2021, 07:52:11 AM *
News: Latest Bitcoin Core release: 22.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: « 1 ... 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] 128 129 130 131 132 133 134 135 136 137 138 139 140 141 142 143 144 145 146 147 148 149 150 151 152 153 154 155 156 157 158 159 160 161 162 163 164 165 166 167 168 169 170 171 172 173 174 175 176 177 ... 335 »
  Print  
Author Topic: Analysis  (Read 939295 times)
tarmi
Legendary
*
Offline Offline

Activity: 1176
Merit: 1000


View Profile
January 27, 2015, 04:56:46 PM
 #2521

I know longterm (4+ years) long position from current levels down to zero is safe enough.


I am usually pretty good at deciphering the Lucif code, but today I am at a loss.
 Huh


if you buy in the 0~260 $ range long term you are ok.
1638949931
Hero Member
*
Offline Offline

Posts: 1638949931

View Profile Personal Message (Offline)

Ignore
1638949931
Reply with quote  #2

1638949931
Report to moderator
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
podyx
Legendary
*
Offline Offline

Activity: 2282
Merit: 1033



View Profile
January 27, 2015, 05:38:31 PM
 #2522

Please note! If Current daily candle will be shooting star - there is a high chance price will revisit $100

So you would base a 65% decline in price on a single candlestick?

That's awkward
Tzupy
Legendary
*
Offline Offline

Activity: 2114
Merit: 1073



View Profile
January 27, 2015, 05:43:18 PM
 #2523

Please note! If Current daily candle will be shooting star - there is a high chance price will revisit $100

So you would base a 65% decline in price on a single candlestick?

That's awkward

I think he means that if buying power stays sluggish and dumps crash through critical support levels, then revisiting ~150$ is probable.
For the bullish scenario a minimum buying power is needed to keep traders from dumping hard.

Sometimes, if it looks too bullish, it's actually bearish
myself
Legendary
*
Offline Offline

Activity: 938
Merit: 1000


chaos is fun...…damental :)


View Profile
January 28, 2015, 12:35:28 AM
 #2524

Please note! If Current daily candle will be shooting star - there is a high chance price will revisit $100

So you would base a 65% decline in price on a single candlestick?

That's awkward
read some example http://thepatternsite.com/Blog-May08.html#P16

Los desesperados publican que lo inventó el rey que rabió, porque todo son en el rabias y mas rabias, disgustos y mas disgustos, pezares y mas pezares; si el que compra algunas partidas vé que baxan, rabia de haver comprado; si suben, rabia de que no compró mas; si compra, suben, vende, gana y buelan aun á mas alto precio del que ha vendido; rabia de que vendió por menor precio: si no compra ni vende y ván subiendo, rabia de que haviendo tenido impulsos de comprar, no llegó á lograr los impulsos; si van baxando, rabia de que, haviendo tenido amagos de vender, no se resolvió á gozar los amagos; si le dan algun consejo y acierta, rabia de que no se lo dieron antes; si yerra, rabia de que se lo dieron; con que todo son inquietudes, todo arrepentimientos, tododelirios, luchando siempre lo insufrible con lo feliz, lo indomito con lo tranquilo y lo rabioso con lo deleytable.
oda.krell
Legendary
*
Offline Offline

Activity: 1470
Merit: 1007



View Profile
January 28, 2015, 12:16:39 PM
 #2525

Please note! If Current daily candle will be shooting star - there is a high chance price will revisit $100

So you would base a 65% decline in price on a single candlestick?

That's awkward
read some example http://thepatternsite.com/Blog-May08.html#P16

Yeah, but bad example in the context of this discussion:

Bulkowski on the 'shooting star':

Quote
Day traders that I know depend on the shooting star more often than I think they should, but my statistics are based on the daily charts, not intra day ones. I found that the shooting star candle acts as a bearish reversal 59% of the time. I consider that "near random" performance.

http://thepatternsite.com/ShootingStar.html

But that's his result for traditional markets. Possible that in BTC, shooting star is a better predictor.

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
January 28, 2015, 02:38:28 PM
 #2526

Looks like there is kinda h&s pattern since Jan 21 with a target around $170. Somebody illustrate pls

Miz4r
Legendary
*
Offline Offline

Activity: 1246
Merit: 1000


View Profile
January 28, 2015, 02:47:16 PM
 #2527

http://thepatternsite.com/ShootingStar.html

But that's his result for traditional markets. Possible that in BTC, shooting star is a better predictor.

Or worse. Since FOMO is so strong in this market you get crazy spikes sometimes followed by big drops back to 'normal' levels, making these shooting stars a somewhat regular thing in this market. Or perhaps it does work as a self-fulfilling prophecy and positive feedback loop, as people become conditioned to sell when they see these candles appear on the charts. And since everyone who is trading BTC has access to internet and free technical analysis everywhere warning about these shooting star patterns, it could be quite a big market force all combined.

Bitcoin = Gold on steroids
masterluc
Legendary
*
Offline Offline

Activity: 938
Merit: 1013



View Profile
January 28, 2015, 02:52:29 PM
 #2528

Shooting star with top right at serious resistance level tells about further price behavior quite alot.

hhthinh
Newbie
*
Offline Offline

Activity: 5
Merit: 0


View Profile
January 28, 2015, 03:13:16 PM
 #2529

take a look at this,i'm amazing at the line from 8000 CNY !!!!

http://s22.postimg.org/quw4zdvld/image.jpg

so at which price will it go down tommorrow?
HarmonLi
Sr. Member
****
Offline Offline

Activity: 350
Merit: 250


Honest 80s business!


View Profile
January 28, 2015, 03:30:31 PM
 #2530

take a look at this,i'm amazing at the line from 8000 CNY !!!!

so at which price will it go down tommorrow?

Even if we don't break out upwards, do we really have to go down tomorrow? Why not wait for a couple of weeks? I don't think that tomorrow will be the day that decides about the way we'll be going.

Miz4r
Legendary
*
Offline Offline

Activity: 1246
Merit: 1000


View Profile
January 28, 2015, 03:34:49 PM
 #2531

take a look at this,i'm amazing at the line from 8000 CNY !!!!



so at which price will it go down tommorrow?

You should use log scale, this is linear scale.

Bitcoin = Gold on steroids
HarmonLi
Sr. Member
****
Offline Offline

Activity: 350
Merit: 250


Honest 80s business!


View Profile
January 28, 2015, 03:39:43 PM
 #2532

You should use log scale, this is linear scale.

Nah, well I think the biggest problem is with him using the candlesticks to draw the lines. Those are just outliers that don't tell us much in my opinion. Things will get interesting as soon we've crossed most people's resistance lines!

hhthinh
Newbie
*
Offline Offline

Activity: 5
Merit: 0


View Profile
January 28, 2015, 03:45:32 PM
 #2533

we wait then,market's full of surprised
seleme
Legendary
*
Offline Offline

Activity: 2184
Merit: 1012


Duelbits.com


View Profile WWW
January 28, 2015, 04:28:38 PM
 #2534

I know longterm (4+ years) long position from current levels down to zero is safe enough.


I am usually pretty good at deciphering the Lucif code, but today I am at a loss.
 Huh

What's not clear there? He said this price or any below it is good entry for long term (4+ years)

.
████▄             ▄████
██████▄    ▄    ▄██████
▀████▀  ▄███▄  ▀████▀
▀▀  ▄██▀▀▀██▄  ▀▀
▄████   ████▄
███████████████
▀████   ████▀
▄█▄  ▀██▄▄▄██▀  ▄█▄
▄███▄  ▀███▀  ▄███▄
▄███▀▀█▀   ▀   ▀█▀▀███▄
▀█▀                 ▀█▀
Duelbits         ▄████████▄▄
       ▄██████████████▄
    ▄██████████████████▄
    ████████████████████▄
    ▄████████████████████▄
  ▄███████████████████████
▄████████▄▄██████▄▄██████▄▄
████████▀█▄▀▀█▀▀▄█▀█████████
▀█████▄▄████▄▄▄██████▀ ▀██▀
  ▀█████▀▀▀▀█████▀▀▀▀█▀
    ▀████████████████▀
      ▀████████████▀

     ▄██████████████▄
▄███▄▄     ▄▄███▄
██████▄ ▄██████
▀▀█████████▀▀
███████████████████████████
███████████████████████████
█████████████████████████

█████████████████████████
█████████████████████████
█████████████████████████
█████████████████████████
█████████████████████████
█████████████████████████
█████████████████████████
|              ▄▄▀▀█▌
          ▄▄▀█▄    █
        ▄▀     ▀▄▄ █
       █    ▄▄    ▀█
    ▄▄█    █  █   ▐▌
  ▄▀ █      ▀▀    █
▄▀  ▐▌           █
█ ▄▀▀▄▄        ▄▀
▀▀  ▄  ▀▄▄   ▄▀█
  ▄▀   ▄  ▀█▀  █
   ▄▀ ▄▀   █  █
  ▄▀ █     █▄▀
   ▄▀
|||
[ Đ ][ Ł ]
AVAILABLE NOW
JustAnotherSheep
Full Member
***
Offline Offline

Activity: 239
Merit: 100



View Profile
January 28, 2015, 05:04:05 PM
 #2535

Looks like there is kinda h&s pattern since Jan 21 with a target around $170. Somebody illustrate pls
Like this?



or this?



(or are both wrong lol)

Either case would also mean overlap with Jan 15 234 top soon confirming the spike was C rather than III. Although I think 170 bottom is too high in that case, ~130 (or lower) seems more plausible from EW fib ratios.

Is it a bull? Is it a bear? No, it's just another sheep.
davidorentol
Full Member
***
Offline Offline

Activity: 144
Merit: 100


View Profile
January 28, 2015, 10:36:15 PM
 #2536

Looks like there is kinda h&s pattern since Jan 21 with a target around $170. Somebody illustrate pls

confirmed?
Wekkel
Legendary
*
Offline Offline

Activity: 3024
Merit: 1527


yes


View Profile
January 29, 2015, 01:17:45 AM
 #2537

Looks like there is kinda h&s pattern since Jan 21 with a target around $170. Somebody illustrate pls

confirmed?

We would want to see a bounce from 230 to 250 and head lower again.

thefiniteidea
Hero Member
*****
Offline Offline

Activity: 519
Merit: 525


"In Us We Trust"


View Profile
January 29, 2015, 06:14:27 PM
 #2538

You should use log scale, this is linear scale.

Nah, well I think the biggest problem is with him using the candlesticks to draw the lines. Those are just outliers that don't tell us much in my opinion. Things will get interesting as soon we've crossed most people's resistance lines!

They're not outliers. Smiley

podyx
Legendary
*
Offline Offline

Activity: 2282
Merit: 1033



View Profile
January 29, 2015, 06:30:13 PM
 #2539

I'd say this bearmarket is officialy worse then 2011 bearmarket when we go sub 130 with no signs of recovery or sub 100
jaredboice
Hero Member
*****
Offline Offline

Activity: 560
Merit: 500



View Profile
January 29, 2015, 06:44:26 PM
 #2540

Actually we won't be in uncharted waters unless we fall under $69.  The fall from $32 to about $2 was approximately a 94% drop in value.  To do the same since the 2013 November peak, we'd have to drop under $69.  If Bitcoin were to drop that low, I would imagine it would be bought back up with the same/or greater force and speed.  IMHO, prices that low are a fantasy with all the venture capital and infrastructure being built.  However, this IS bitcoin.  Anything can happen.  With that said, we are probably just as likely to hit $400 next week as we are to hit $69. 
Pages: « 1 ... 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] 128 129 130 131 132 133 134 135 136 137 138 139 140 141 142 143 144 145 146 147 148 149 150 151 152 153 154 155 156 157 158 159 160 161 162 163 164 165 166 167 168 169 170 171 172 173 174 175 176 177 ... 335 »
  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!