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Author Topic: Analysis  (Read 939295 times)
masterluc
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April 27, 2015, 04:44:31 PM
 #2761

I have to show you a very dangerous channel with bottom now around $30 and falling



The longer term log channel has higher bottom, now is around $110


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There are several different types of Bitcoin clients. Hybrid server-assisted clients like Electrum get a lot of their network information from centralized servers, but they also check the server's results using blockchain header data. This is perhaps somewhat more secure than either server-assisted clients or header-only clients.
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masterluc
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April 27, 2015, 04:58:32 PM
 #2762

Looks to me like a bullish divergence between price and momentum at the moment..
did you discover price reactions in past on such divs? Need confirmation from another oscillator.

masterluc
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April 27, 2015, 04:59:55 PM
 #2763

I cancel my bids at 170-190 hehe  Grin some shit probably comming

hdbuck
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April 27, 2015, 05:18:04 PM
 #2764

I cancel my bids at 170-190 hehe  Grin some shit probably comming

yeay! so did I!  thx lucif! Grin
masterluc
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April 27, 2015, 05:21:51 PM
 #2765

That level must show some resistance, but when I look at the empty space below in chanel - I shit my pants to leave bids there.

Odalv
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April 27, 2015, 08:38:45 PM
 #2766

I have to show you a very dangerous channel with bottom now around $30 and falling

Profesor bitcorn ?   :-)  $30 is simply impossible. It can go to zero (if protocol fails) but not to $30.

masterluc
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April 27, 2015, 08:43:06 PM
 #2767

I didn't say it goes to 30, just showed the chanel. Bottom could be anywhere from here down to 110 or even 30. And risk/reward ratio very bad on my 180 bids.

afbitcoins
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April 27, 2015, 09:20:00 PM
 #2768


Oops yes I forgot the script sorry. Its all bearish from here, down to $30

 Wink
thefiniteidea
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April 27, 2015, 09:40:21 PM
 #2769

I have to show you a very dangerous channel with bottom now around $30 and falling

Profesor bitcorn ?   :-)  $30 is simply impossible. It can go to zero (if protocol fails) but not to $30.



$30 is not impossible.

I agree with luc, things will get ugly sooner than they will get better.

Bitcoin has never endured a true bear market. We've only been in a bull market since 2009. Bitcoin is just as old as the bull market.

Hard times ahead.

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April 27, 2015, 10:01:44 PM
 #2770

I have to show you a very dangerous channel with bottom now around $30 and falling

Profesor bitcorn ?   :-)  $30 is simply impossible. It can go to zero (if protocol fails) but not to $30.



$30 is not impossible.

I agree with luc, things will get ugly sooner than they will get better.

Bitcoin has never endured a true bear market. We've only been in a bull market since 2009. Bitcoin is just as old as the bull market.

Hard times ahead.

$3,000 before $30
itod
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April 27, 2015, 10:03:45 PM
 #2771

I have to show you a very dangerous channel with bottom now around $30 and falling

Profesor bitcorn ?   :-)  $30 is simply impossible. It can go to zero (if protocol fails) but not to $30.



$30 is not impossible.

I agree with luc, things will get ugly sooner than they will get better.

Bitcoin has never endured a true bear market. We've only been in a bull market since 2009. Bitcoin is just as old as the bull market.

Hard times ahead.

$3,000 before $30

lol, it's the other way around. We will go above ATH after finding the new low.
techgeek
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April 27, 2015, 10:06:14 PM
 #2772

I see it falling it a bit more like $130-$140 based on fear of the market.

Usually downtrends always end up continue based on peoples mindsets. Even the newbie who joined this forum would probably sell his coin right when he got it 1 hr ago from a localbitcoin transaction.

Its based on how much risk you are willing to hold, and like most people they dont want any of it.

afbitcoins
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April 27, 2015, 10:23:20 PM
 #2773

sorry to bother you again, can't remember , why  $30  ?

 Lips sealed
fortif78
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April 27, 2015, 10:25:20 PM
 #2774

sorry to bother you again, can't remember , why  $30  ?

 Lips sealed

It's just a channel.... can you not see the blue lines in his post above explaining  Roll Eyes

"In the land of the blind, the man with one eye is king."
Fatman3001
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April 27, 2015, 10:34:11 PM
 #2775

Will the recent movements up to 269.5 on BTC-E do anything with these charts?

"I predict the Internet will soon go spectacularly supernova and in 1996 catastrophically collapse." - Robert Metcalfe, 1995
afbitcoins
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April 27, 2015, 10:36:58 PM
 #2776

sorry to bother you again, can't remember , why  $30  ?

 Lips sealed

It's just a channel.... can you not see the blue lines in his post above explaining  Roll Eyes

yes my bad,  I do see it now. However (in my humble opinion) I think unlikely price will go far below $200, maybe $180 ish is possible..
afbitcoins
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April 27, 2015, 10:39:58 PM
 #2777

Heres support line showing why I think price unlikely to go below $180. Look at lower green trendline



RyNinDaCleM
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April 27, 2015, 10:43:17 PM
 #2778

Heres support line showing why I think price unlikely to go below $180. Look at lower green trendline





Linear charts on $1000 price moves? Hmm

fortif78
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April 27, 2015, 10:46:01 PM
 #2779

sorry to bother you again, can't remember , why  $30  ?

 Lips sealed

It's just a channel.... can you not see the blue lines in his post above explaining  Roll Eyes

yes my bad,  I do see it now. However (in my humble opinion) I think unlikely price will go far below $200, maybe $180 ish is possible..

Right, at that point it is up for individual interpretation as we watch things play out. He wasn't saying it was definite, just that the channel supports a move of that range.
Pick your bottom  Smiley

"In the land of the blind, the man with one eye is king."
afbitcoins
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April 27, 2015, 10:50:54 PM
 #2780

Heres support line showing why I think price unlikely to go below $180. Look at lower green trendline





Linear charts on $1000 price moves? Hmm

I agree log chart gives a different perspective .



However both views lead me to think its unlikely bitcoin will fall very far below $200
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