Bitcoin Forum
August 17, 2019, 12:02:37 PM *
News: Latest Bitcoin Core release: 0.18.0 [Torrent] (New!)
 
   Home   Help Search Login Register More  
Pages: « 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 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 ... 317 »
  Print  
Author Topic: Analysis  (Read 921201 times)
oda.krell
Legendary
*
Offline Offline

Activity: 1470
Merit: 1007



View Profile
December 16, 2013, 06:16:48 PM
 #841

Looks like things are going down fast. I just watched it dive a whole $100 in less than an hour. This should be fast and quite painful Tongue

Like I said above: better than the alternative (*slow* and painful)

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.
1566043357
Hero Member
*
Offline Offline

Posts: 1566043357

View Profile Personal Message (Offline)

Ignore
1566043357
Reply with quote  #2

1566043357
Report to moderator
1566043357
Hero Member
*
Offline Offline

Posts: 1566043357

View Profile Personal Message (Offline)

Ignore
1566043357
Reply with quote  #2

1566043357
Report to moderator
1566043357
Hero Member
*
Offline Offline

Posts: 1566043357

View Profile Personal Message (Offline)

Ignore
1566043357
Reply with quote  #2

1566043357
Report to moderator
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1566043357
Hero Member
*
Offline Offline

Posts: 1566043357

View Profile Personal Message (Offline)

Ignore
1566043357
Reply with quote  #2

1566043357
Report to moderator
1566043357
Hero Member
*
Offline Offline

Posts: 1566043357

View Profile Personal Message (Offline)

Ignore
1566043357
Reply with quote  #2

1566043357
Report to moderator
managarmr420
Newbie
*
Offline Offline

Activity: 25
Merit: 0


View Profile
December 16, 2013, 06:28:49 PM
 #842

The market is going mental, its even invented time travel and it's moving back in time.

http://i.imgur.com/E1efeCV.png
samurai1200
Sr. Member
****
Offline Offline

Activity: 303
Merit: 250


View Profile
December 16, 2013, 06:32:55 PM
 #843

The 3-hour chart (full scale) on bitcoinity for Gox is looking pretty wild -- definitely some manipulation going on there. Feels like market orders are getting executed way late.

Hodl for the longest tiem.

Use it or lose it: http://coinmap.org/
managarmr420
Newbie
*
Offline Offline

Activity: 25
Merit: 0


View Profile
December 16, 2013, 06:55:38 PM
 #844

hmm, got too excited. Looks like the drop wasn't powerful enough to do much, the EMA is what I tend to use to gauge a market's velocity but we seem to be getting back to obeying it's steady and slow downtrend. Shame.
masterluc
Legendary
*
Offline Offline

Activity: 938
Merit: 1000



View Profile
December 16, 2013, 07:00:37 PM
 #845

Update:

20d ema my favorite? Nope.

I have couple of ma, which support each subcount level. Lowest subcount supported by hourly 50 ma, highest count supported by weekly 20 ma. On their break or hold I deternine whether my count is valid.

Brisance
Newbie
*
Offline Offline

Activity: 30
Merit: 0


View Profile
December 16, 2013, 07:17:21 PM
Last edit: December 16, 2013, 07:43:26 PM by Brisance
 #846


20d ema my favorite? Nope.

I have couple of ma, which support each subcount level. Lowest subcount supported by hourly 50 ma, highest count supported by weekly 20 ma. On their break or hold I deternine whether my count is valid.


I stand corrected, actually it was the 200sma not the 20 exponential you had called earlier. My bad.

https://bitcointalk.org/index.php?topic=274613.msg3845764#msg3845764


Revised Chart With Correct Moving Averages:


https://www.tradingview.com/x/plnruYIy/
cAPSLOCK
Legendary
*
Offline Offline

Activity: 2282
Merit: 1376


UNLEASH THE FURY!


View Profile
December 16, 2013, 08:55:52 PM
 #847

This am when btc started pushing down through suppprt at 830ish I decided to move half my stake to USD.  Then bang it drops past my first target so fast I am stunned into inaction.  Was planning to buy back...  But now I am not sure.  News plus technicals bodes fairly darkly.

I wish I was a trader like you guys. What is gonna happen?
managarmr420
Newbie
*
Offline Offline

Activity: 25
Merit: 0


View Profile
December 16, 2013, 09:36:47 PM
 #848

so are we in the midst of a bear market? long and painful, maybe get us down to the $400's?
samurai1200
Sr. Member
****
Offline Offline

Activity: 303
Merit: 250


View Profile
December 16, 2013, 11:10:45 PM
 #849

so are we in the midst of a bear market? long and painful, maybe get us down to the $400's?

Maybe. I think $400 is far more likely on btc-e and bitstamp than mtgox. Also if it gets there at all, $400 will be momentary (place your orders now). I think $500 will see some super-serious support on mtgox and btcchina.

We are currently on the other side of a bull trap. This week I think a steady decline fueled by whales pulling the trigger on their decisions is likely.

This means volatility and is good for day traders. Sell when/before a whale does, catch the knife, ride out the bull trap, sell on the market-order-frenzy peak, then buy when the dust settles. Easy right?  Roll Eyes

Hodl for the longest tiem.

Use it or lose it: http://coinmap.org/
emanymton
Full Member
***
Offline Offline

Activity: 219
Merit: 106


View Profile
December 16, 2013, 11:17:04 PM
 #850

so are we in the midst of a bear market? long and painful, maybe get us down to the $400's?

Maybe. I think $400 is far more likely on btc-e and bitstamp than mtgox. Also if it gets there at all, $400 will be momentary (place your orders now). I think $500 will see some super-serious support on mtgox and btcchina.

We are currently on the other side of a bull trap. This week I think a steady decline fueled by whales pulling the trigger on their decisions is likely.

This means volatility and is good for day traders. Sell when/before a whale does, catch the knife, ride out the bull trap, sell on the market-order-frenzy peak, then buy when the dust settles. Easy right?  Roll Eyes
So far down 50% with that strategy, eventually I'll get one right and make it back  Cool
managarmr420
Newbie
*
Offline Offline

Activity: 25
Merit: 0


View Profile
December 16, 2013, 11:55:50 PM
 #851

good thing I'm a bit-stamp trader. Anyway, I'm so far bad at making calls on these mini waves. My next move will be for the long haul.
samurai1200
Sr. Member
****
Offline Offline

Activity: 303
Merit: 250


View Profile
December 17, 2013, 12:10:37 AM
 #852

good thing I'm a bit-stamp trader. Anyway, I'm so far bad at making calls on these mini waves. My next move will be for the long haul.

A much better strategy (long haul). Day trading and timing takes way more nerves and can be less predictable (thought the last few market impulses have been very fractal in nature).

I feel like the last few pages of TA on this thread called today's movement pretty well. That hasn't always been the case, but it has at least poised us to make intelligent actions based on data, and narrowed our options for action.

[edit] I'd also like to mention that false bull traps are a possibility. I was very worried about that due to the rise from Dec 7-10, then most of this weekend... I sold some around 900 during the crash from 1200 and gox was deciding that 900-1000 was a good range to be in. I held my position largely because of the sentiment and sound arguments/TA in this thread (and that I wasn't far off from closing my position with null change).

Hodl for the longest tiem.

Use it or lose it: http://coinmap.org/
GreenBits
Legendary
*
Offline Offline

Activity: 1148
Merit: 1048



View Profile
December 17, 2013, 12:19:50 AM
 #853

good thing I'm a bit-stamp trader. Anyway, I'm so far bad at making calls on these mini waves. My next move will be for the long haul.

A much better strategy (long haul). Day trading and timing takes way more nerves and can be less predictable (thought the last few market impulses have been very fractal in nature).

I feel like the last few pages of TA on this thread called today's movement pretty well. That hasn't always been the case, but it has at least poised us to make intelligent actions based on data, and narrowed our options for action.
agreed. keep this up guys. it might not be said but the community appreciates your contribution, ill say it if no one else will. thanks.


~Green
managarmr420
Newbie
*
Offline Offline

Activity: 25
Merit: 0


View Profile
December 17, 2013, 12:26:15 AM
 #854

good thing I'm a bit-stamp trader. Anyway, I'm so far bad at making calls on these mini waves. My next move will be for the long haul.

A much better strategy (long haul). Day trading and timing takes way more nerves and can be less predictable (thought the last few market impulses have been very fractal in nature).

I feel like the last few pages of TA on this thread called today's movement pretty well. That hasn't always been the case, but it has at least poised us to make intelligent actions based on data, and narrowed our options for action.

[edit] I'd also like to mention that false bull traps are a possibility. I was very worried about that due to the rise from Dec 7-10, then most of this weekend... I sold some around 900 during the crash from 1200 and gox was deciding that 900-1000 was a good range to be in. I held my position largely because of the sentiment and sound arguments/TA in this thread (and that I wasn't far off from closing my position with null change).

thanks, I'll be wary of them. The thing I'm wondering is where would my long term minimum most likely sit. Where do I put my standing order. is $400 too greedy? maybe I should back off and say $500.
samurai1200
Sr. Member
****
Offline Offline

Activity: 303
Merit: 250


View Profile
December 17, 2013, 12:30:05 AM
 #855

is $400 too greedy? maybe I should back off and say $500.

The thing I am (very slowly) learning is that its better to capture 70% of a drop than to not capture it at all.

Hodl for the longest tiem.

Use it or lose it: http://coinmap.org/
BrightAnarchist
Donator
Legendary
*
Offline Offline

Activity: 853
Merit: 1000



View Profile
December 17, 2013, 01:53:20 AM
 #856

so are we in the midst of a bear market? long and painful, maybe get us down to the $400's?

we are going much lower than that
Brisance
Newbie
*
Offline Offline

Activity: 30
Merit: 0


View Profile
December 17, 2013, 02:00:46 AM
 #857

Look at the chart posted earlier today and compare to this updated version.

Mt.Gox Is The Red Line

Notice which fib all the ema's cross at.

https://www.tradingview.com/x/NwuJC6tC/
masterluc
Legendary
*
Offline Offline

Activity: 938
Merit: 1000



View Profile
December 17, 2013, 02:27:29 AM
 #858

Guys I see no support between now and purple line at all. And purple line support is quite questionable.


Brisance
Newbie
*
Offline Offline

Activity: 30
Merit: 0


View Profile
December 17, 2013, 02:37:39 AM
 #859

Guys I see no support between now and purple line at all. And purple line support is quite questionable.

I was seeing the same thing. I thought the natural progression line should be something like this:

Obviously with a few pit stop along the way.

https://www.tradingview.com/x/WDAjCGrV/
cAPSLOCK
Legendary
*
Offline Offline

Activity: 2282
Merit: 1376


UNLEASH THE FURY!


View Profile
December 17, 2013, 02:38:35 AM
 #860

Guys I see no support between now and purple line at all. And purple line support is quite questionable.


So you see a legit target range of 275 to 350?

I put q buy in for 511.  That's too high you think?
Pages: « 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 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 ... 317 »
  Print  
 
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!