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Author Topic: We have hit the bottom BUY. BUY ,BUY!!!111  (Read 3027 times)
ElectricMucus
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September 09, 2011, 04:01:24 PM
 #1



It is following the trend perfectly, now is the time to get in.

First they ignore you, then they laugh at you, then they keep laughing, then they start choking on their laughter, and then they go and catch their breath. Then they start laughing even more.
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Minsc
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September 09, 2011, 04:03:19 PM
 #2

It keeps falling.

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September 09, 2011, 04:03:28 PM
 #3

check sig.

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September 09, 2011, 04:04:50 PM
 #4

http://img4.imageshack.us/img4/8804/chartlargelog.png

It is following the trend perfectly, now is the time to get in.
If it drops below $4 today then we'll be outside of the green lines. Then will you shut up?

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September 09, 2011, 04:05:11 PM
 #5

One can only wonder what will happen if that trend is broken.
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September 09, 2011, 04:05:32 PM
 #6



It is following the trend perfectly, now is the time to get in.
If it drops below $4 today then we'll be outside of the green lines. Then will you shut up?

Yeah will you? Log chart means nothing...

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September 09, 2011, 04:05:53 PM
 #7

One can only wonder what will happen if that trend is broken.

He'll redraw a trend line.  Careful, he puts anyone on ignore who proves him wrong.

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September 09, 2011, 04:06:52 PM
 #8

One can only wonder what will happen if that trend is broken.
I guess we'll find out soon
lol

First they ignore you, then they laugh at you, then they keep laughing, then they start choking on their laughter, and then they go and catch their breath. Then they start laughing even more.
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September 09, 2011, 04:14:01 PM
 #9



It is following the trend perfectly, now is the time to get in.
If it drops below $4 today then we'll be outside of the green lines. Then will you shut up?
The trendline has to interpreted as 86%-121% (fibonacci crap)

I will def, shut up if we reach $3.

First they ignore you, then they laugh at you, then they keep laughing, then they start choking on their laughter, and then they go and catch their breath. Then they start laughing even more.
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September 09, 2011, 04:19:11 PM
 #10

So basically you drew a line that touches the bottom points and call it significant?

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September 09, 2011, 04:21:42 PM
 #11

So basically you drew a line that touches the bottom points and call it significant?
I did

Only time can prove me wrong *lalalala*

First they ignore you, then they laugh at you, then they keep laughing, then they start choking on their laughter, and then they go and catch their breath. Then they start laughing even more.
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September 09, 2011, 04:25:26 PM
 #12

So basically you drew a line that touches the bottom points and call it significant?
I did

Only time can prove me wrong *lalalala*

No forex trader or stock trader ever uses a log chart to determine trend. Not sure what historical data your method is based on.

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. ★☆ WWW.LEALANA.COM        My PGP fingerprint is A764D833.        SMOOTHIE'S HEALTH AND FITNESS JOURNAL          History of Monero development Visualization ★☆ .
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September 09, 2011, 04:25:45 PM
 #13

I don't have access to good charting software for bitcoin, so I can't speak for the particular trendline the OP has drawn, but IMO trendlines in general are a very useful analytical tool for trading. People who trash technical analysis usually don't understand it, or how to use it as a tool for trading.
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September 09, 2011, 04:27:48 PM
 #14

Just snatched me up another 100 btc at $4.80
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September 09, 2011, 04:30:17 PM
 #15

I don't have access to good charting software for bitcoin, so I can't speak for the particular trendline the OP has drawn, but IMO trendlines in general are a very useful analytical tool for trading. People who trash technical analysis usually don't understand it, or how to use it as a tool for trading.

Yeah but how many people trade on log charts using trend lines?

Not very many that I've seen in my experience.

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. ★☆ WWW.LEALANA.COM        My PGP fingerprint is A764D833.        SMOOTHIE'S HEALTH AND FITNESS JOURNAL          History of Monero development Visualization ★☆ .
LEALANA  PHYSICAL MONERO COINS 999 FINE SILVER.
 
Jixtreme
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September 09, 2011, 04:31:21 PM
 #16

Just snatched me up another 100 btc at $4.80

too early.
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September 09, 2011, 04:33:21 PM
 #17

Just snatched me up another 100 btc at $4.80

too early.

agreed.

OP: I guess you're going to ignore all of the linear trendlines that we just broke too huh?

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. ★☆ WWW.LEALANA.COM        My PGP fingerprint is A764D833.        SMOOTHIE'S HEALTH AND FITNESS JOURNAL          History of Monero development Visualization ★☆ .
LEALANA  PHYSICAL MONERO COINS 999 FINE SILVER.
 
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September 09, 2011, 04:34:14 PM
 #18

Just snatched me up another 100 btc at $4.80

predict you will sell those back at about 4.50 in an hour or so
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September 09, 2011, 04:34:43 PM
 #19

Just snatched me up another 100 btc at $4.80

too early.

you may be right
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September 09, 2011, 04:35:08 PM
 #20

The OP just made this statement and prices rose and that's the only reason they did.  But they came back down again.

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