NPG
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January 29, 2014, 10:53:46 PM |
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DRobert
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January 29, 2014, 10:57:24 PM |
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zneww
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January 29, 2014, 11:02:45 PM |
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25k lol....still havent taken down your pictures of ANONYMOUS usernames exposed. I wouldn't mine there if they gave me doge
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_javi_
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January 29, 2014, 11:04:03 PM |
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i love all those charts and lines... but it seems more of a pump and dump game for now.. so let´s get back to the meme pics.. much funnier.. very smile
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DRobert
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January 29, 2014, 11:05:20 PM |
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i love all those charts and lines... but it seems more of a pump and dump game for now.. so let´s get back to the meme pics.. much funnier.. very smile That is the downside of an unregulated market.
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Sultanen
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January 29, 2014, 11:08:02 PM |
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Short update from my earlier estimation.
So we took a huge climb right before the intersection (luckily) and it took us that high that the long downtrend is officially over, yay! So, how does it look like now while we are at an uptrend? Lets take a look:
- we still got a longterm and strong supportline at bottom - Right now we are at a huge volume, and the whales are moving the market, so I just put up a little uptrend channel. Its not really reliable, but for VERY shortterm it might be intresting (minutes/hours) - There's a resistance at 188, if we pass it with this pump going on, we will go VERY high. Otherwise we will probably stick around these levels, or go down a bit, until we hit the bottom support trendline.
Great evening for all of us lucky shibes! Also, thanks for the donations!
Thanks alot for this analysis, it's really interesting to read! Please keep it up =)
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ltcnim
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Merit: 1001
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January 29, 2014, 11:09:18 PM |
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A short future interpretation of doge with some TA'a;
-Strong supportlevel at 163, I dont think we will ever again see this shitty bottom -Short position resistance is broken free - trendbreaker (this is good because we got nice support from bottom) -Might be (strong) resistance at around 172 -Bottom support trendline has been made and its holding
So what does this mean? It means it looks like we have hit the bottom, we are now bouncing inbetween our strong supportlevel of 163 and between a weaker resistance about 172, with a new smaller uptrend supportline. Within a day the bottom uptrend supportline will intersect with both 172 (resistance line) and the longer resistance trendline and this will be a big intersection. If we cross it, the downtrend is with most certainly over and we will enter a uptrend instead, which could be really big or a slower one.
Hope this helps out a bit where dogecoin is at the moment.
dogeaccount: D8LkcRSjBHMJXocQuBxuK54x7NCF8WTtUJ
Short update from my earlier estimation. So we took a huge climb right before the intersection (luckily) and it took us that high that the long downtrend is officially over, yay! So, how does it look like now while we are at an uptrend? Lets take a look: - we still got a longterm and strong supportline at bottom - Right now we are at a huge volume, and the whales are moving the market, so I just put up a little uptrend channel. Its not really reliable, but for VERY shortterm it might be intresting (minutes/hours) - There's a resistance at 188, if we pass it with this pump going on, we will go VERY high. Otherwise we will probably stick around these levels, or go down a bit, until we hit the bottom support trendline. Great evening for all of us lucky shibes! Also, thanks for the donations! I suggest not to pay too much attention to the charts. it's just pump & dump. it may spike up, and it may spike down. the volume has lost over 50% in the last days on cryptsy. it just looks like no "regular" ppl want to buy at those prices. so we might have small 10-15satoshi windows to trade with. but it may also be, that the big guys dump soon, to cash out, because the market is too slow atm.
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cozk
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January 29, 2014, 11:11:30 PM |
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zneww
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January 29, 2014, 11:14:29 PM |
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cozk
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January 29, 2014, 11:17:34 PM |
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clappen
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January 29, 2014, 11:19:09 PM |
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I suggest not to pay too much attention to the charts. it's just pump & dump. it may spike up, and it may spike down. the volume has lost over 50% in the last days on cryptsy. it just looks like no "regular" ppl want to buy at those prices. so we might have small 10-15satoshi windows to trade with. but it may also be, that the big guys dump soon, to cash out, because the market is too slow atm.
A bigger problem is, yes, that this is a unregulated market, which means that whales (could) manipulate the price very fast and quick, but nevertheless Ive found out that TA's is very applicable in cryptos. Ive been doing this for bitcoin, with much succeed and for the past days for doge, and mostly the TA's correspons to the charts. I think many whales uses TA's (doh!), but then there's those greedy bastards that dump and pump for quick dollars. Not really good for the market. And we just rocketed past 190. wonder where this will leave us.
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Dimitry
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January 29, 2014, 11:19:44 PM |
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time to put up some make-up
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Mad Scientist
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January 29, 2014, 11:22:21 PM |
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time to put up some make-up
Looks like you're mixin' your metaphors there Dimitry?
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yorich
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January 29, 2014, 11:36:59 PM |
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word, what jan 31st thing?
block reward halving at 100k blocks
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EcuaMobi
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January 29, 2014, 11:41:24 PM |
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word, what jan 31st thing?
block reward halving at 100k blocks Yes, but that doesn't happen on the 31st: http://doge.coinpoint.org/It's the China thing, somebody already answered.
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kbane
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January 29, 2014, 11:44:11 PM |
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i love all those charts and lines... but it seems more of a pump and dump game for now.. so let´s get back to the meme pics.. much funnier.. very smile That is the downside of an unregulated market. The price rise today is due to the Vault of Satoshi buying Dogecoin for higher than the exchanges were selling it for I believe, so arbitrage brought the prices closer together.
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Dimitry
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January 30, 2014, 12:08:10 AM |
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64 btc dump? lol
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Sultanen
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Activity: 84
Merit: 10
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January 30, 2014, 12:24:18 AM |
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A well played pump=)
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sakkosekk
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January 30, 2014, 12:46:16 AM |
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A well played pump=)
rocket fuel
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