pinky
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
August 23, 2015, 04:51:21 PM |
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In summary ; BTC monthly will go up ok, but why? Because the green arrow says so.
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Afrikoin
Legendary
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alan watts is all you need
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August 23, 2015, 05:50:27 PM |
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What about this Hammer http://tinyurl.com/ozhru7m forming on weekly /only on bfx byt u know .... ![Wink](https://bitcointalk.org/Smileys/default/wink.gif) As luc said,we are sitting on 18 months broken log downtrend bear line, now support and weekly sma200 /8 months support/ both around 220+very very very oversold market ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2F4ecCJAM.jpg&t=665&c=6ZXmyi8aMudwJw) Long wicked candles like that one on the 1 Week chart are supposed to indicate that the trend will move in the other direction. If the long wick was point up we should go down, if the long wick is point down (like we have here) we should go up. ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2FPmNhMgS.jpg%3F1&t=665&c=ZGm6GMjXuDf5zg)
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coinableS
Legendary
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Activity: 1442
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
August 23, 2015, 05:54:08 PM |
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What about this Hammer http://tinyurl.com/ozhru7m forming on weekly /only on bfx byt u know .... ![Wink](https://bitcointalk.org/Smileys/default/wink.gif) As luc said,we are sitting on 18 months broken log downtrend bear line, now support and weekly sma200 /8 months support/ both around 220+very very very oversold market ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2F4ecCJAM.jpg&t=665&c=6ZXmyi8aMudwJw) Long wicked candles like that one on the 1 Week chart are supposed to indicate that the trend will move in the other direction. If the long wick was point up we should go down, if the long wick is point down (like we have here) we should go up. ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2FPmNhMgS.jpg%3F1&t=665&c=ZGm6GMjXuDf5zg) Haha, yea... but what about all the other wicks that show movement in the other direction? You can't expect to TA that anomaly that happened in early 2014. ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2F28oueZm.jpg&t=665&c=xoVjinUCbw9ojg)
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ssmc2
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August 23, 2015, 05:55:55 PM |
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You could call this one an anomaly as well though. I mean, it didn't register on any of the other exchanges.
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Afrikoin
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alan watts is all you need
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
August 23, 2015, 07:17:20 PM |
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ICYMI ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2FDwnwmkI.png%3F1&t=665&c=JwjBNRjZOacUhA)
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Eivind Nag
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August 23, 2015, 07:18:44 PM |
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Im going to go out on a limb here and say that this is whats going on: https://i.imgur.com/u7OMDeM.jpgOn the other hand, there are no quadruple bottoms. Suggest sitting on sell button if it crosses the trend line downwards and on the leveraged buy if it breaks the tripple bottom pattern upwards.
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Fakhoury
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Permabull Bitcoin Investor
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
August 23, 2015, 07:33:00 PM |
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ICYMI ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2FDwnwmkI.png%3F1&t=665&c=JwjBNRjZOacUhA) Do you still believe in it ? and why ?
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Feb. 14, 2010: I’m sure that in 20 years there will either be very large transaction volume or no volume.
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Afrikoin
Legendary
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alan watts is all you need
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
August 23, 2015, 08:56:35 PM Last edit: August 23, 2015, 09:08:00 PM by Afrikoin |
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ICYMI
[img]https://i.imgur.com/DwnwmkI.png?1[img]
Do you still believe in it ? and why ? I just put it up here. I've said it here before that the fact that this chart exists and everyone can see what is 'about to happen' means it will most likely not play out in a similar fashion. it is much too obvious and this is information that is already priced in. I would be very very surprised if this pattern repeated itself. I was watching Jeffrey Tucker speak at the Australian Bitcoin conference. very good talk btw. Anyway, he said price goes up, drops to half, then goes up again, repeatedly. It is my opinion that this pattern is now stale, and might be time to ruffle some feathers and pull an unexpected pattern event that will catch many off guard. Falling to $125 might be a start my 2 cents. *edit Also, ive seen many say price trend past 20 months has been slower than years before. partly due to more participants, infrastructure and financial products. Already, if you look at both charts, this should maybe account for twice or even 3ice the rate in 2012/2013. So perhaps a VERY long flat period, OR, some bumps along the way before X2 or X3 speed settles in. **edit i also have biases from MACRO stuff from Martin Armstrong's thread on global capital flows, private assets, gold etc. Basically, BTC will rise well with other asset classes in its category when major global markets start exhibiting weakness. ***edit As well as a couple of EW analysts that i keenly follow.
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Afrikoin
Legendary
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alan watts is all you need
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
August 23, 2015, 09:05:13 PM |
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Im going to go out on a limb here and say that this is whats going on:
[img]https://i.imgur.com/u7OMDeM.jpg[img]
On the other hand, there are no quadruple bottoms.
Suggest sitting on sell button if it crosses the trend line downwards and on the leveraged buy if it breaks the tripple bottom pattern upwards.
V good charts. I'll be observing this. Also fits in with Master Lucs oversold territory, so either way, we could be in for a rise in price. How high, not sure. But rise all the same
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RyNinDaCleM
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Legen -wait for it- dary
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
August 24, 2015, 01:08:26 AM |
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Im going to go out on a limb here and say that this is whats going on:
image snipped
On the other hand, there are no quadruple bottoms.
Suggest sitting on sell button if it crosses the trend line downwards and on the leveraged buy if it breaks the tripple bottom pattern upwards.
![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2FTqIfIyH.png&t=665&c=M-aVr5n0cz_Xig) Now, the red note on the top chart is just an FYI. I'm not trying to use that as an argument against a rise, just that it is valid. http://www.authenticfx.com/candlestick-secrets.html
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Eivind Nag
Newbie
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
August 24, 2015, 02:33:20 AM |
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Im going to go out on a limb here and say that this is whats going on:
image snipped
On the other hand, there are no quadruple bottoms.
Suggest sitting on sell button if it crosses the trend line downwards and on the leveraged buy if it breaks the tripple bottom pattern upwards.
image snippedNow, the red note on the top chart is just an FYI. I'm not trying to use that as an argument against a rise, just that it is valid. http://www.authenticfx.com/candlestick-secrets.htmlI agree, I just pointed out the most bullish case. But it is just as likely its a pennant and a continuation pattern, the volume supports this as well. If this is the case the price movement would likely take us back below the long trendline. The price would likely decline substantially. Its an interesting junction.
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Chef Ramsay
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August 24, 2015, 03:34:46 AM |
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Im going to go out on a limb here and say that this is whats going on:
image snipped
On the other hand, there are no quadruple bottoms.
Suggest sitting on sell button if it crosses the trend line downwards and on the leveraged buy if it breaks the tripple bottom pattern upwards.
image snippedNow, the red note on the top chart is just an FYI. I'm not trying to use that as an argument against a rise, just that it is valid. http://www.authenticfx.com/candlestick-secrets.htmlI agree, I just pointed out the most bullish case. But it is just as likely its a pennant and a continuation pattern, the volume supports this as well. If this is the case the price movement would likely take us back below the long trendline. The price would likely decline substantially. Its an interesting junction. Nice change of tone, trollypop. Walmart is hiring in your area so there is a positive shift that you could pin your name on and make a nice living doing so. ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) Best of luck to ya, tho.
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Cconvert2G36
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
August 24, 2015, 03:36:14 AM |
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Im going to go out on a limb here and say that this is whats going on:
image snipped
On the other hand, there are no quadruple bottoms.
Suggest sitting on sell button if it crosses the trend line downwards and on the leveraged buy if it breaks the tripple bottom pattern upwards.
image snippedNow, the red note on the top chart is just an FYI. I'm not trying to use that as an argument against a rise, just that it is valid. http://www.authenticfx.com/candlestick-secrets.htmlI agree, I just pointed out the most bullish case. But it is just as likely its a pennant and a continuation pattern, the volume supports this as well. If this is the case the price movement would likely take us back below the long trendline. The price would likely decline substantially. Its an interesting junction. Nice change of tone, trollypop. Walmart is hiring in your area so there is a positive shift that you could pin your name on and make a nice living doing so. ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) Best of luck to ya, tho. Iggy to your latest tho. Check the join date and cower in shame Chef. A handful of posts, and yet more than you've ever contributed...
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lebing
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Enabling the maximal migration
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August 24, 2015, 08:04:09 AM |
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IMO at this point technical analysis is not worth a damn until the blocksize issue is dealt with in a meaningful way. The path of least resistance will be down until that happens.
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Bro, do you even blockchain? -E Voorhees
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masterluc (OP)
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August 24, 2015, 08:05:19 AM |
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New low, probably this in act. Be warned, strong divergence with ralliing dxy and gold, probably bear trap.
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masterluc (OP)
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August 24, 2015, 08:28:22 AM |
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However ![](https://ip.bitcointalk.org/?u=http%3A%2F%2Fwww.sierrachart.com%2Fimage.php%3Fl%3D1440404745644.png&t=665&c=i4PkRJM_2Kzhkw) ![](https://ip.bitcointalk.org/?u=http%3A%2F%2Fwww.sierrachart.com%2Fimage.php%3Fl%3D1440404881446.png&t=665&c=LjO3sIJm5pZLWQ)
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Afrikoin
Legendary
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Activity: 1540
Merit: 1003
alan watts is all you need
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
August 24, 2015, 11:04:56 AM |
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However ![](https://ip.bitcointalk.org/?u=http%3A%2F%2Fwww.sierrachart.com%2Fimage.php%3Fl%3D1440404745644.png%5Bimg%5D%5Bimg%5Dhttp%3A%2F%2Fwww.sierrachart.com%2Fimage.php%3Fl%3D1440404881446.png&t=665&c=uzL5N-2ZpLzU2Q) Look what i found ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) Made this a while back ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2FjfdJjZm.jpg%3F1&t=665&c=e4U1Gd1udW0bwA)
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kryptopojken
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
August 24, 2015, 11:10:58 AM |
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However ![](https://ip.bitcointalk.org/?u=http%3A%2F%2Fwww.sierrachart.com%2Fimage.php%3Fl%3D1440404745644.png%5Bimg%5D%5Bimg%5Dhttp%3A%2F%2Fwww.sierrachart.com%2Fimage.php%3Fl%3D1440404881446.png&t=665&c=uzL5N-2ZpLzU2Q) Look what i found ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) Made this a while back ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2FjfdJjZm.jpg%3F1&t=665&c=e4U1Gd1udW0bwA) what are you trying to say, that you can draw a bull flag? lol
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Morecoin Freeman
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
August 24, 2015, 11:11:27 AM |
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GOOD FOR YOU
Did you make any money? Go make some money.
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Ask the stranger he knows who you really are.
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thefiniteidea
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August 24, 2015, 03:14:37 PM |
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Strong support for S&P 500 at 1840. Bought a little coin here at 220.
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