Bitcommon - 12/4/13- Technical Analysis.

[bitcommon]

Hello All:
I intend to provide free technical analysis for BTC/USD for life (mine :-)) to keep up with the open source theme! I will bringing the rigor of trading models that I have developed over last 13 years for trading E-mini S&P, EUR/USD, GOLD and Crude Oil to BTC/USD.

This is my first post.

This was penned on 12/3 at 9 pm EST for 12/4 session.

SELL hold @ 1191 but up trend intact against 825
12/3 CLOSE > 1146.81 +ve development for up trend, need a close > 1191 for up trend resumption

For 12/3 session
S=1055.29/1007.69
R=1191.63/1206.54

Likely 12/4 range - 1055.29-1259.21
> 1259.21 could see BTC move to 1367.91 real quick.

S= Support
R= Resistance

Questions - PM me.

Look forward to posting here!


- Ro

[Bitbuy]

Let's wait and see 

[Ivanhoe]

Welcome! I'm curious towards your report. What brought you to Bitcoin?

[bitcommon]

Welcome! I'm curious towards your report. What brought you to Bitcoin?

Thanks Ivan!

Let us just say when I heard about it in January 2013, I was a fast believer and started developing a model for BTC, tested for a few months and joined in. My 15 year old introduced me to Bitcoin, he is a geek and always on top of all things technology.

HTH!

[vesper39]

Always using mtgox numbers?

[bitcommon]

Always using mtgox numbers?

Yes model is based of mtgox.

[bitcommon]

Could someone guide me how to attach a chart here on the forum? Not sure if I am missing something. Thanks!

[CEG5952]

Always using mtgox numbers?

the others follow gox mostly and also bttchina, no one seems to care what bitstamp does. and definitely no one cares about BTCE.

[kjj]

Could someone guide me how to attach a chart here on the forum? Not sure if I am missing something. Thanks!

The forum does not do hosting.  Find a place to put your image, and then use the "Insert Image" button above the text box.  That will give you two tags that bracket your URL.