Analysis

[masterluc]

BB shows 1 x σ, but in a case of 200 d/bb there should be 2 x σ bands or even 3 x σ.

Yep, i see it useless. Except MA of course.

[1713992138]

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[masterluc]

$NATGAS at strong support. Outstanding rally probably expected.



Gold is one step from free fall.

[Carra23]

But what about Bitcoin, masterluc?

[masterluc]

nothing changed. still bearish.

[oda.krell]

BB shows 1 x σ, but in a case of 200 d/bb there should be 2 x σ bands or even 3 x σ.

Yep, i see it useless. Except MA of course.

Thanks for the clarification.

And I got your "5% of candles" comment as well now, I think. As in: if less than 5% of the candles are outside the bands, the bands are moving too slow.

I'm a bit slow on the uptake sometimes

[lebing]

I agree that technically bitcoin looks in pretty bad shape.

I want to make sure reading this thread here (which is quite good btw Lucif) is not making their trading decisions based solely on technical information alone. The paypal news today is something that the community has been waiting for since I joined this forum. This is the moment when we change from might be... to will be a major player in commerce of the future. Because of the technical bearishness of the last year or so I think people are not registering how large of a shift this actually is. In the not so far off future that will certainly change and morph into the euphoria we (those who have been around here for a few years) have all become accustomed to and the price will follow suit. Ignore the fundamentals at your own peril.

[masterluc]

I agree that technically bitcoin looks in pretty bad shape.

I want to make sure reading this thread here (which is quite good btw Lucif) is not making their trading decisions based solely on technical information alone. The paypal news today is something that the community has been waiting for since I joined this forum. This is the moment when we change from might be... to will be a major player in commerce of the future. Because of the technical bearishness of the last year or so I think people are not registering how large of a shift this actually is. In the not so far off future that will certainly change and morph into the euphoria we (those who have been around here for a few years) have all become accustomed to and the price will follow suit. Ignore the fundamentals at your own peril.

Oh well, I just specially opened this thread to send my greetings to "news traders" and saw this =)

xbtusd is in medium-term bearish zone, it didn't escaped from daily and weekly red area still. Even with such moon fundamental news.

So far....

Maybe people just tired to buy so the market doesn't give a fuck to even paypal?   Or probably aunt Yellen tired to print? Or wait... probably true financial armageddon is on a table and whales just want to get their $$$ back, primary from emerging markets. Or even put all together...

Anyway, you are talking about fundamentals of bitcoin, but you don't take into account The World Financial Fundamentals, 100s trillions dollars fundamentals which prepare to sudden change.

But everything may change quickly. Welcome to times of great changes, which hated by every chinese. I still don't beleive I outlived two destructions of motherland. But much more is ahead for all of you. Rothschilds will win this time.

[lebing]

I agree that technically bitcoin looks in pretty bad shape.

I want to make sure reading this thread here (which is quite good btw Lucif) is not making their trading decisions based solely on technical information alone. The paypal news today is something that the community has been waiting for since I joined this forum. This is the moment when we change from might be... to will be a major player in commerce of the future. Because of the technical bearishness of the last year or so I think people are not registering how large of a shift this actually is. In the not so far off future that will certainly change and morph into the euphoria we (those who have been around here for a few years) have all become accustomed to and the price will follow suit. Ignore the fundamentals at your own peril.

Oh well, I just specially opened this thread to send my greetings to "news traders" and saw this =)

xbtusd is in medium-term bearish zone, it didn't escaped from daily and weekly red area still. Even with such moon fundamental news.

So far....

Maybe people just tired to buy so the market doesn't give a fuck to even paypal?   Or probably aunt Yellen tired to print? Or wait... probably true financial armageddon is on a table and whales just want to get their $$$ back, primary from emerging markets. Or even put all together...

Anyway, you are talking about fundamentals of bitcoin, but you don't take into account The World Financial Fundamentals, 100s trillions dollars fundamentals which prepare to sudden change.

But everything may change quickly. Welcome to times of great changes, which hated by every chinese. I still don't beleive I outlived two destructions of motherland. But much more is ahead for all of you. Rothschilds will win this time.

Im not sure if we use the same macro level fundamentals,  but I absolutely do include my own. This is especially why bitcoin is poised to do do well. Just the effect of fatca alone in the comung years creates a vacuum which will gleefully suck that right into its hungry mouth.

[oda.krell]

Price has this funny way of sneaking up on a new low. Daily median already lower than on August 18/19, but current low still above the low of that day.

Happens more often, I think, last time in late March/early April, with one more capitulation (and new low) shortly afterwards.





Now, tell me why my analysis sucks, lucif

[h3speros]

Price has this funny way of sneaking up on a new low. Daily median already lower than on August 18/19, but current low still above the low of that day.

Happens more often, I think, last time in late March/early April, with one more capitulation (and new low) shortly afterwards.





Now, tell me why my analysis sucks, lucif

great find, avg price can be telling sometimes, this might be useful in uptrends also

[JustAnotherSheep]

Looks like lower lows will have to wait for now



Last time there was bullish div on 4h was just before the rise from $440. This time it's also compounded with the PayPal news (although I'm not sure how much, if any, effect that will have).

Also unrelated, SierraChart is amazing Can't believe how much smoother it runs compared to the memory hog TradingView.

[andy35]

Looks like lower lows will have to wait for now


Last time there was bullish div on 4h was just before the rise from $440. This time it's also compounded with the PayPal news (although I'm not sure how much, if any, effect that will have).

Do you think the price will go generally up from here, or do you expect some lower lows in the coming weeks?

[Wilhelm]

Looks like lower lows will have to wait for now


Last time there was bullish div on 4h was just before the rise from $440. This time it's also compounded with the PayPal news (although I'm not sure how much, if any, effect that will have).

Do you think the price will go generally up from here, or do you expect some lower lows in the coming weeks?

no we are watching at another small dead cat bounce, it's a fake recover
we will surely go lower this week, the next target is $300

Falllling did you make a new account so you could be wrong AGAIN?!?!

[boumalo]

Looks like lower lows will have to wait for now


Last time there was bullish div on 4h was just before the rise from $440. This time it's also compounded with the PayPal news (although I'm not sure how much, if any, effect that will have).

Do you think the price will go generally up from here, or do you expect some lower lows in the coming weeks?

no we are watching at another small dead cat bounce, it's a fake recover
we will surely go lower this week, the next target is $300

It may go lower but the economic reality in the west and the superiority of the Bitcoin protocol will be the catalyst for a big rally

[2017orso]

If we are truly at the cusp between innovator and early adopter stages it may indeed take some time as masterluc envisioned a little while back - minus the call for $10.  Stagnation in price for a time = buying opportunity.  Looking at it any other way is likely foolish.

[oda.krell]

Looks like lower lows will have to wait for now



Last time there was bullish div on 4h was just before the rise from $440. This time it's also compounded with the PayPal news (although I'm not sure how much, if any, effect that will have).

Also unrelated, SierraChart is amazing Can't believe how much smoother it runs compared to the memory hog TradingView.

Good catch on the div. I agree, there's a bit of upside potential right now, although we seem to be stuck below 490, not able to break though the daily ma20 for now.

[masterluc]

No breakout from negative zone still

[yomofo]

$NATGAS at strong support. Outstanding rally probably expected.



Gold is one step from free fall.

do you have a price and time target on natural gas?

[masterluc]

According to situation around Ukraine it should go high =) Probably higher than winter high

[celebreze32]

According to situation around Ukraine it should go high =) Probably higher than winter high

So everyone in Europe gets higher gas bills.