Wilhelm
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Activity: 1652
Merit: 1265
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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. |
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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Activity: 2408
Merit: 1009
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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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. |
Is it a bull? Is it a bear? No, it's just another sheep.
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masterluc (OP)
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Activity: 938
Merit: 1013
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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 =)  |
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smoothie
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Activity: 2492
Merit: 1473
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 =) Break up? Perhaps... |
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▐▓▓▓▓▓▓█,,▄▓▓▓▓▓▓▌
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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  |
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rampantparanoia
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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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Activity: 938
Merit: 1013
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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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Activity: 938
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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.  |
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BarkinTree
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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 normally this would be one indicator telling me to sell (in addition to others of course). are you telling me the opposite, though? |
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masterluc (OP)
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Activity: 938
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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? I don't give advices. Sometimes I post my positions. |
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masterluc (OP)
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Activity: 938
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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? 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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Activity: 136
Merit: 100
Why the long face?
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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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masterluc (OP)
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Activity: 938
Merit: 1013
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November 15, 2013, 10:02:56 PM |
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Yes, small wedge triggering right now.  |
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Miz4r
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Activity: 1246
Merit: 1000
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November 16, 2013, 10:51:45 AM |
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Yes, small wedge triggering right now. And denied by bitcoin again, bitcoin doesn't give a crap about bearish wedges and just loves to kick some bear ass.  |
Bitcoin = Gold on steroids
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zby
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Activity: 1592
Merit: 1001
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November 16, 2013, 11:28:55 AM |
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Yes, small wedge triggering right now. And denied by bitcoin again, bitcoin doesn't give a crap about bearish wedges and just loves to kick some bear ass. On btcchina there was no wedge. |
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masterluc (OP)
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Activity: 938
Merit: 1013
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November 16, 2013, 11:34:39 AM |
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Yep, wedge cracked =)
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