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sinner
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January 26, 2015, 11:24:24 PM |
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Please note! If Current daily candle will be shooting star - there is a high chance price will revisit $100
ewwwww, it looks like this is gonna happen |
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ezipaint
Newbie
 Offline
Activity: 14
Merit: 0
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January 27, 2015, 12:17:55 AM |
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Please note! If Current daily candle will be shooting star - there is a high chance price will revisit $100
Pronounced enough? |
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Odalv
Legendary
Offline
Activity: 1400
Merit: 1000
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January 27, 2015, 12:19:39 AM |
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Please note! If Current daily candle will be shooting star - there is a high chance price will revisit $100
Pronounced enough? it did not happen |
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Xiaoxiao
Legendary
Offline
Activity: 1274
Merit: 1000
The Golden Rule Rules
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January 27, 2015, 02:09:58 PM |
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 Am I on to something? Does this latest upswing resemble earlier and we are heading even lower in the next months? |
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masterluc (OP)
Legendary
Offline
Activity: 938
Merit: 1013
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January 27, 2015, 02:26:14 PM |
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yes. but bottom is comming
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NotHatinJustTrollin
Full Member
Offline
Activity: 462
Merit: 107
★Bitvest.io★ Play Plinko or Invest!
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January 27, 2015, 02:32:20 PM |
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Am I on to something? Does this latest upswing resemble earlier and we are heading even lower in the next months? Yep. |
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Tzupy
Legendary
Offline
Activity: 2128
Merit: 1074
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January 27, 2015, 02:44:45 PM |
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Am I on to something? Does this latest upswing resemble earlier and we are heading even lower in the next months? On the 17th November I posted this to show how a bullish scenario should have looked back then. With different dates and price points, the same applies now (yes, I'm to lazy to make a new one  ).  |
Sometimes, if it looks too bullish, it's actually bearish
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idee2013
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January 27, 2015, 02:50:05 PM |
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yes. but bottom is comming
HI master :-) why do you think 100 and not double bottom 150? |
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masterluc (OP)
Legendary
Offline
Activity: 938
Merit: 1013
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January 27, 2015, 03:17:31 PM |
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I didn't say 100 is the bottom. Probably but not mandatory.
I see signs of coming bottom - high volatility, nervous investors, growing panic.
It may be 100 or 75, or it was 150. I don't know. I know longterm (4+ years) long position from current levels down to zero is safe enough.
That's why I said LONG.
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hdbuck
Legendary
Offline
Activity: 1260
Merit: 1002
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January 27, 2015, 03:21:40 PM |
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but the question is.. are you long? ^^
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lebing
Legendary
Offline
Activity: 1288
Merit: 1000
Enabling the maximal migration
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January 27, 2015, 03:56:05 PM |
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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.  |
Bro, do you even blockchain?
-E Voorhees
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Queeq
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January 27, 2015, 04:03:37 PM |
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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. If you are a long-term investor (that will hold for 4 or more years) it is safe for you to buy all the way down. |
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cAPSLOCK
Legendary
Offline
Activity: 3738
Merit: 5127
Whimsical Pants
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January 27, 2015, 04:04:22 PM |
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I think he is being clearer than ever.
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tarmi
Legendary
Offline
Activity: 1218
Merit: 1010
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January 27, 2015, 04:56:46 PM |
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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. if you buy in the 0~260 $ range long term you are ok. |
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podyx
Legendary
Offline
Activity: 2338
Merit: 1035
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January 27, 2015, 05:38:31 PM |
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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 |
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Tzupy
Legendary
Offline
Activity: 2128
Merit: 1074
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January 27, 2015, 05:43:18 PM |
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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
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myself
Legendary
Offline
Activity: 938
Merit: 1000
chaos is fun...…damental :)
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January 28, 2015, 12:35:28 AM |
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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.
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oda.krell
Legendary
Offline
Activity: 1470
Merit: 1007
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January 28, 2015, 12:16:39 PM |
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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#P16Yeah, but bad example in the context of this discussion: Bulkowski on the 'shooting star': 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.htmlBut that's his result for traditional markets. Possible that in BTC, shooting star is a better predictor. |
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masterluc (OP)
Legendary
Offline
Activity: 938
Merit: 1013
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January 28, 2015, 02:38:28 PM |
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Looks like there is kinda h&s pattern since Jan 21 with a target around $170. Somebody illustrate pls
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Miz4r
Legendary
Offline
Activity: 1246
Merit: 1000
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January 28, 2015, 02:47:16 PM |
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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
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