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Okurkabinladin
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May 08, 2015, 06:16:51 PM |
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Any ideas from MasterLuc? I am one ear.
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masterluc (OP)
Legendary
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Activity: 938
Merit: 1013
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May 10, 2015, 09:21:01 AM |
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Downtrend is comming, 290 is upper line hard resistance now (I wrote 300+ some time ago).  Currently fighting with local linear escape trend line  |
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masterluc (OP)
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Activity: 938
Merit: 1013
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May 10, 2015, 09:26:39 AM |
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I worry adx doesn't recognize it as rally, while SS does and its overbought  |
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vphen
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Activity: 76
Merit: 10
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May 10, 2015, 09:28:24 AM |
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another opportunity - long target 290 with s/l 220. risk/reward 1:3
is this still valid? |
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masterluc (OP)
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Activity: 938
Merit: 1013
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May 10, 2015, 09:36:50 AM |
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stop raised to 229 (trend line), sell 50% now imho
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vphen
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Activity: 76
Merit: 10
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May 10, 2015, 09:51:30 AM |
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stop raised to 229 (trend line), sell 50% now imho
got it. thank you. |
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inca
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Activity: 1176
Merit: 1000
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May 10, 2015, 11:06:00 AM |
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stop raised to 229 (trend line), sell 50% now imho
got it. thank you. Ignore the short term technicals - they are manipulated heavily. The long term exponential trend line is all that matters. Everything else is noise. How many Elliot wave traders on this forum a) predicted the last bubble? b) earn their living trading?  |
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phoenix1
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May 10, 2015, 11:26:52 AM |
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stop raised to 229 (trend line), sell 50% now imho
got it. thank you. Ignore the short term technicals - they are manipulated heavily. The long term exponential trend line is all that matters. Everything else is noise. How many Elliot wave traders on this forum a) predicted the last bubble? b) earn their living trading? Bit rude coming into luc's house and talking like that. Especially from the man that has predicted 50 of the last 2 short squeezes  You are starting to sound a bit desperate inca |
"Before you embark on a journey of revenge, dig two graves" - Confucius (China 551BC-479 BC)
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Fabrizio89
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May 10, 2015, 11:27:57 AM |
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6h 200 ema. Nothing else to say.
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inca
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Activity: 1176
Merit: 1000
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May 10, 2015, 12:26:02 PM |
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stop raised to 229 (trend line), sell 50% now imho
got it. thank you. Ignore the short term technicals - they are manipulated heavily. The long term exponential trend line is all that matters. Everything else is noise. How many Elliot wave traders on this forum a) predicted the last bubble? b) earn their living trading? Bit rude coming into luc's house and talking like that. Especially from the man that has predicted 50 of the last 2 short squeezes You are starting to sound a bit desperate inca Fair point. Didn't mean it to come across rude. Oh at least you agree (after a minor short capitulation) there is going to be a short squeeze. Why would I be desperate? I have loved this low price, as have all bitcoin bulls, more chance to accumulate. |
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phoenix1
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May 10, 2015, 12:44:30 PM |
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Why would I be desperate?
I was referring to you coming here to 'debunk' EW. Anyway, enough OT  |
"Before you embark on a journey of revenge, dig two graves" - Confucius (China 551BC-479 BC)
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Tzupy
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May 10, 2015, 04:02:02 PM |
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...
Why would I be desperate? I have loved this low price, as have all bitcoin bulls, more chance to accumulate.
If this is true, then you are going to adore 1xx prices in the coming months.  |
Sometimes, if it looks too bullish, it's actually bearish
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inca
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Activity: 1176
Merit: 1000
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May 10, 2015, 04:03:49 PM |
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...
Why would I be desperate? I have loved this low price, as have all bitcoin bulls, more chance to accumulate.
If this is true, then you are going to adore 1xx prices in the coming months. Keep wishing for them Tzupy. |
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realdos
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May 10, 2015, 10:37:06 PM |
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Downtrend is comming, 290 is upper line hard resistance now (I wrote 300+ some time ago).
I couldn't help but notice that 290 is also near the weekly upper BB. Will you call it a bottom if the price collapses into weekly 20 sma again after it hit 290, as you said in the previous post? I will recognize significant bottom at the following conditions.
1. Price will hit the weekly upper BB and then collapse into weekly 20 sma.
2. oh well, nothing more ))
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masterluc (OP)
Legendary
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Activity: 938
Merit: 1013
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May 11, 2015, 12:19:30 AM |
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Downtrend is comming, 290 is upper line hard resistance now (I wrote 300+ some time ago).
I couldn't help but notice that 290 is also near the weekly upper BB. Will you call it a bottom if the price collapses into weekly 20 sma again after it hit 290, as you said in the previous post? I will recognize significant bottom at the following conditions.
1. Price will hit the weekly upper BB and then collapse into weekly 20 sma.
2. oh well, nothing more ))
One more condition - blow up long term log trend line. But in my opinion, there should be a long silence period after week upper bb hit + collapse to weekly 20 sma. |
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realdos
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May 11, 2015, 03:20:07 AM |
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One more condition - blow up long term log trend line.
But in my opinion, there should be a long silence period after week upper bb hit + collapse to weekly 20 sma.
You mean a bottom could be recognized after 1) week upper bb hit; 2) blow up long term log trend line and 3) collapse to weekly 20 sma ? After the above three conditions met, there should be a long silence period before the next price soaring. Is my understanding correct? |
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masterluc (OP)
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Activity: 938
Merit: 1013
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May 11, 2015, 08:05:45 AM |
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No
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darlidada
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May 11, 2015, 11:58:50 AM |
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was watching the empire strike back yesterday and just realized that your nickname might come from C3PO calling luke skywalker "master luke"
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maxll
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Activity: 1011
Merit: 1006
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May 11, 2015, 06:42:52 PM |
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Call him just Lucif.
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realdos
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May 14, 2015, 02:39:07 PM |
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stop raised to 229 (trend line), sell 50% now imho
Given the trend these days, is it still likely that the price will reach 290 in the near future? Or a coming plummet is expected? |
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