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Author Topic: Analysis  (Read 941375 times)
lebing
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February 03, 2015, 05:22:53 PM
 #2521

Awaiting current thoughts from the Master...  Smiley

Pretty much nothing to say until we go over 350 or under 160.

Bro, do you even blockchain?
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thefiniteidea
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February 07, 2015, 01:37:37 AM
 #2522

Should see big moves lower over the next week... might seem random, it's not.    It's just me unloading Tongue
freebit13
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February 07, 2015, 06:41:12 AM
 #2523


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.

This is not bearish reversal, though, as we didnt leave bear market in the first place. It could be merely continuation signal for existing trend.
Looks like there could be a 2 line shooting star forming on the 1day chart on finex... bullish  Smiley

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rosh
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February 07, 2015, 09:43:40 AM
 #2524

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. 

If we go below $69, there will be deathly silence in this forum.  Grin
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February 07, 2015, 08:03:14 PM
 #2525

Should see big moves lower over the next week... might seem random, it's not.    It's just me unloading Tongue

Buy high, sell low?  Or did you get in under $220?
key_z
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February 11, 2015, 11:25:07 PM
 #2526

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

buckle up and be a player  Cool

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masterluc (OP)
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February 14, 2015, 05:06:46 PM
 #2527

Probably there will be next attack on long term resistance (260-270)



pinky
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February 15, 2015, 03:40:21 PM
 #2528

Probably there will be next attack on long term resistance (260-270)


Bitcoin died just after the touch of the trendline.



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hdbuck
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February 15, 2015, 03:43:12 PM
 #2529

Probably there will be next attack on long term resistance (260-270)


Bitcoin died just after the touch of the trendline.

what my little pinky says.

TY luc for spot on short target
zoltanus
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February 15, 2015, 05:01:14 PM
 #2530

Probably there will be next attack on long term resistance (260-270)

So what now Luc? Seems this attack has failed
Phillis
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February 15, 2015, 06:42:14 PM
 #2531

Probably there will be next attack on long term resistance (260-270)

So what now Luc? Seems this attack has failed

down we go. Sad
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February 15, 2015, 06:55:45 PM
 #2532

Probably there will be next attack on long term resistance (260-270)

So what now Luc? Seems this attack has failed

down we go. Sad

Maybe. We are now between rising support and falling trendline. By the end of this month we shall see the resolution.



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masterluc (OP)
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February 15, 2015, 07:22:35 PM
 #2533

The big move is on the way due to this



Daily ADX suggests bullish kickstart



Weekly ADX shows depressing bearish activity



Daily macd shows a bullish hook



BUT. Any daily close bellow 208 (daily lower BB) will instantly activate further price drop. As well as any close above 254 will instantly activate bullish wedge breakout.

So I watch for daily BB borders.

bitcodo
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February 16, 2015, 06:43:32 AM
 #2534

Thank you again for your insights.
masterluc (OP)
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February 22, 2015, 03:56:37 PM
 #2535

If it will bounce out of 210 - I may declare range lock.

madmat
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February 22, 2015, 07:02:56 PM
 #2536

If it will bounce out of 210 - I may declare range lock.

I am not a native English speaker and I need someone to translate this quote.
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February 22, 2015, 07:04:04 PM
 #2537

If it will bounce out of 210 - I may declare range lock.

I am not a native English speaker and I need someone to translate this quote.

I hope this helps:

ប្រសិនបើវា នឹងស្ទុះងើបឡើង ចេញពី 210 - ខ្ញុំ អាចប្រកាស ជួរ សោ ។

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masterluc (OP)
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February 22, 2015, 07:05:02 PM
 #2538

It is when price is locked in trading range (210-250) for a long time (weeks, months). Like it was locked in ~$5 range in 2012 for a half of year.


madmat
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February 22, 2015, 07:11:00 PM
 #2539

It is when price is locked in trading range (210-250) for a long time (weeks, months). Like it was locked in ~$5 range in 2012 for a half of year.



Perfectly clear now. Thanks Masterluc.
ndnh
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February 22, 2015, 07:14:41 PM
 #2540

It is when price is locked in trading range (210-250) for a long time (weeks, months). Like it was locked in ~$5 range in 2012 for a half of year.



and then the explosion comes..

I don't mind waiting.  Wink
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