Wilhelm
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November 14, 2013, 11:08:01 PM |
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Guys, there's no "proving" here. If something could be proved, we'd all be rich (then subsequently, very broke).
A better phrasing might be "can you convince me that..."
Well we can probably prove that Bitcoin has always been in an uptrend.
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Bitcoin is like a box of chocolates. You never know what you're gonna get !!
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xephyr
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November 14, 2013, 11:11:31 PM |
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Can you prove we are not in wave 5?
Only in hindsight I think. If a correction takes out the April 2013 high at 260 on MtGox we were in wave 5. But is not wave 5 usually accompanied by a high degree of optimism, everyone is bullish and news is universally positive? I do not think we are there yet but defer to masterluc.
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RyNinDaCleM
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Legen -wait for it- dary
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November 15, 2013, 03:38:44 AM |
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Well, that is just a correction, but the full cycle has not completed.So yes, there have been more days of rise, but that's only because it's 5 years old and hasn't had the chance to have the long correction yet
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JustAnotherSheep
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
November 15, 2013, 09:54:45 AM |
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Can you prove we are not in wave 5?
Only in hindsight I think. If a correction takes out the April 2013 high at 260 on MtGox we were in wave 5. But is not wave 5 usually accompanied by a high degree of optimism, everyone is bullish and news is universally positive? I do not think we are there yet but defer to masterluc. I think one should look at the sentiment with the Chinese traders and not this subforum. I'm guessing they will be the ones to initiate the crash.
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Is it a bull? Is it a bear? No, it's just another sheep.
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masterluc (OP)
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November 15, 2013, 02:48:27 PM |
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Lets see if bitcoin just fuck off this yet another ending diagonal =) ![](https://ip.bitcointalk.org/?u=http%3A%2F%2Fwww.sierrachart.com%2Fimage.php%3Fl%3D1384525712428.png&t=663&c=BBPQzKH3VUG80A)
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smoothie
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LEALANA Bitcoin Grim Reaper
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November 15, 2013, 02:59:28 PM |
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Lets see if bitcoin just fuck off this yet another ending diagonal =) ![](https://ip.bitcointalk.org/?u=http%3A%2F%2Fwww.sierrachart.com%2Fimage.php%3Fl%3D1384525712428.png&t=663&c=BBPQzKH3VUG80A) Break up? Perhaps...
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███████████████████████████████████████
,╓p@@███████@╗╖, ,p████████████████████N, d█████████████████████████b d██████████████████████████████æ ,████²█████████████████████████████, ,█████ ╙████████████████████╨ █████y ██████ `████████████████` ██████ ║██████ Ñ███████████` ███████ ███████ ╩██████Ñ ███████ ███████ ▐▄ ²██╩ a▌ ███████ ╢██████ ▐▓█▄ ▄█▓▌ ███████ ██████ ▐▓▓▓▓▌, ▄█▓▓▓▌ ██████─ ▐▓▓▓▓▓▓█,,▄▓▓▓▓▓▓▌ ▐▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▌ ▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓─ ²▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓╩ ▀▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▀ ²▀▀▓▓▓▓▓▓▓▓▓▓▓▓▀▀` ²²² ███████████████████████████████████████
| . ★☆ WWW.LEALANA.COM My PGP fingerprint is A764D833. History of Monero development Visualization ★☆ . LEALANA BITCOIN GRIM REAPER SILVER COINS. |
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rampantparanoia
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November 15, 2013, 04:30:36 PM |
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masterluc, you're the luc skywalker of bitcoin ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif)
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rampantparanoia
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
November 15, 2013, 07:17:59 PM |
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typically yes. if we see a break upward, the bubble is confirmed.
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masterluc (OP)
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November 15, 2013, 07:22:29 PM |
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In some reason bitcoin breaks up textbook upward ending diagonals. They should break down by books though =) I mean real ending diagonals like 1-2-3-<diangonal>(4-5)</diagonal>
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masterluc (OP)
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November 15, 2013, 09:28:16 PM |
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Ah, wait. If this is ending diagonal it should be extensible and longer like that. So current small bear wedge should trigger. ![](https://ip.bitcointalk.org/?u=http%3A%2F%2Fwww.sierrachart.com%2Fimage.php%3Fl%3D1384550826185.png&t=663&c=QsXuk0cBCATI_A)
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BarkinTree
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
November 15, 2013, 09:30:34 PM |
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Ah, wait. If this is ending diagonal it should be extensible and longer like that ![](https://ip.bitcointalk.org/?u=http%3A%2F%2Fwww.sierrachart.com%2Fimage.php%3Fl%3D1384550826185.png&t=663&c=QsXuk0cBCATI_A) normally this would be one indicator telling me to sell (in addition to others of course). are you telling me the opposite, though? ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif)
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masterluc (OP)
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November 15, 2013, 09:32:20 PM |
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normally this would be one indicator telling me to sell (in addition to others of course). are you telling me the opposite, though? ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) I don't give advices. Sometimes I post my positions.
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masterluc (OP)
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November 15, 2013, 09:42:04 PM |
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normally this would be one indicator telling me to sell (in addition to others of course). are you telling me the opposite, though? ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) I just say all bearish ending diagonal patterns I saw in bitcoin were never actually ending. Past bubbles ended not with this pattern.
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Equus
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Why the long face?
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
November 15, 2013, 09:53:25 PM |
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Past bubbles ended not with this pattern.
I always loved Lucif's TA thread, but hearing Masterluc phrase his Jedi wisdom in Yoda's voice makes this the best thread on this site.
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-.-. -.-. -- ..-.
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masterluc (OP)
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November 15, 2013, 10:02:56 PM |
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Yes, small wedge triggering right now. ![](https://ip.bitcointalk.org/?u=http%3A%2F%2Fwww.sierrachart.com%2Fimage.php%3Fl%3D1384552957164.png&t=663&c=ow2p9YepS7RJyA)
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Miz4r
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November 16, 2013, 10:51:45 AM |
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Yes, small wedge triggering right now. ![](https://ip.bitcointalk.org/?u=http%3A%2F%2Fwww.sierrachart.com%2Fimage.php%3Fl%3D1384552957164.png&t=663&c=ow2p9YepS7RJyA) And denied by bitcoin again, bitcoin doesn't give a crap about bearish wedges and just loves to kick some bear ass. ![Tongue](https://bitcointalk.org/Smileys/default/tongue.gif)
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Bitcoin = Gold on steroids
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zby
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November 16, 2013, 11:28:55 AM |
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Yes, small wedge triggering right now. ![](https://ip.bitcointalk.org/?u=http%3A%2F%2Fwww.sierrachart.com%2Fimage.php%3Fl%3D1384552957164.png&t=663&c=ow2p9YepS7RJyA) And denied by bitcoin again, bitcoin doesn't give a crap about bearish wedges and just loves to kick some bear ass. ![Tongue](https://bitcointalk.org/Smileys/default/tongue.gif) On btcchina there was no wedge.
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masterluc (OP)
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November 16, 2013, 11:34:39 AM |
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Yep, wedge cracked =)
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