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Author Topic: Inverse head and shoulder pattern  (Read 2384 times)
xyzxyzxyz (OP)
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February 07, 2014, 05:18:41 PM
 #1

Inverse head and shoulder pattern forming, on daily chart, after today's sell off. Take the difference between the head (on the 18/12/2013) and the neckline (down sloping trendline from all time high),  1077-382 = 695. Add this to the neckline from the all time high, currently 873 = $1568 target price using bitstamp prices.

1HNcyN7Rd6e65KK3BLomEW3Ur5A6Mj9E7


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MatTheCat
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February 07, 2014, 05:21:25 PM
 #2

Inverse head and shoulder pattern forming, on daily chart, after today's sell off. Take the difference between the head (on the 18/12/2013) and the neckline (down sloping trendline from all time high),  1077-382 = 695. Add this to the neckline from the all time high, currently 873 = $1568 target price using bitstamp prices.

1HNcyN7Rd6e65KK3BLomEW3Ur5A6Mj9E7

BWAHAHAHAHAHAHAHAHA

Kraken Account, Robbed/Emptied. Kraken say "Fuck you, its your loss": https://bitcointalk.org/index.php?topic=1559553.msg15656643#msg15656643

Bitfinex victims. DO NOT TOUCH THE BFX TOKEN! Start moving it around, or trading it, and you will be construed as having accepted it as an alternative means of payment to your USD, BTC, etc.
BitcoinAshley
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February 07, 2014, 06:18:18 PM
 #3

Inverse head and shoulder pattern forming, on daily chart, after today's sell off. Take the difference between the head (on the 18/12/2013) and the neckline (down sloping trendline from all time high),  1077-382 = 695. Add this to the neckline from the all time high, currently 873 = $1568 target price using bitstamp prices.

1HNcyN7Rd6e65KK3BLomEW3Ur5A6Mj9E7




WHERE IS YOUR CHART WITH LINES ON IT

I refuse to believe this unless you provide a chart with lines drawn on it.

EDIT: You can even do it in MSPaint/equiv, just hit "printscrn" to screencap the chart, paste in paint, then draw a line over it, post here. NO EXCUSES.
JimboToronto
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February 07, 2014, 06:28:57 PM
 #4

WHERE IS YOUR CHART WITH LINES ON IT 

LOL
akujin
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February 07, 2014, 09:44:11 PM
 #5

Here's my chart!!



Convinced?!  Grin Grin

BTC: 165rKPfGJ3ndrG1QziHR6ACnViP4EQHNK7
LTC: LMysGMFjmF9gR9RzStij74msXrDP1NqW8X
DOGE: DRZXGgcKN8kANwko3VycsBVVGqfy6XsSpM
Wyld
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February 07, 2014, 09:48:23 PM
 #6

Looks more like a dinosaur pattern to me.
akujin
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February 07, 2014, 10:28:12 PM
 #7

Looks more like a dinosaur pattern to me.

That's correct! I sense that you are an intellectual person  Grin



And this is the inverse head and shoulder


BTC: 165rKPfGJ3ndrG1QziHR6ACnViP4EQHNK7
LTC: LMysGMFjmF9gR9RzStij74msXrDP1NqW8X
DOGE: DRZXGgcKN8kANwko3VycsBVVGqfy6XsSpM
fonzie
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February 07, 2014, 10:30:36 PM
 #8

 Cheesy Cheesy Cheesy

"To know death, Otto, you have to fuck life in the gallbladder"
www.hsbc.com  - The world´s local bank
"These FUDsters are insane egomaniacs that just want cheap BTC" - oblivi
BitcoinAshley
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February 07, 2014, 10:49:27 PM
 #9

Here's my chart!!



Convinced?!  Grin Grin

More like "Confirmed."  Cool
c0dex
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February 07, 2014, 11:20:05 PM
 #10

Looks more like a dinosaur pattern to me.

That's correct! I sense that you are an intellectual person  Grin



And this is the inverse head and shoulder



LOL!  Clever!

Elwar
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February 07, 2014, 11:22:51 PM
 #11

Looks more like a dinosaur pattern to me.

That's correct! I sense that you are an intellectual person  Grin




this

First seastead company actually selling sea homes: Ocean Builders https://ocean.builders  Of course we accept bitcoin.
BitcoinAshley
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February 08, 2014, 12:47:16 AM
 #12

Looks more like a dinosaur pattern to me.

That's correct! I sense that you are an intellectual person  Grin




this


But what if we end up in the claw part? That would be bad, right? Like, all the HODLers would be completely fucked?
Tirapon
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February 08, 2014, 03:04:36 AM
 #13

Inverse head and shoulders should be upside down:



Now the claw part is at new ATH. HODLers are fine.
chessnut
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February 08, 2014, 03:13:52 AM
 #14

Somebody give that man a bitcoin! top notch work!

BitcoinAshley
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February 08, 2014, 04:00:34 AM
 #15

Excellent TA work in this thread, folks, keep up the good work.
JimboToronto
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February 08, 2014, 09:53:24 AM
 #16

WHERE IS YOUR CHART WITH LINES ON IT

I refuse to believe this unless you provide a chart with lines drawn on it. 



LOL  Smiley
billyjoeallen
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February 08, 2014, 03:45:54 PM
 #17




insert coin here:
Dash XfXZL8WL18zzNhaAqWqEziX2bUvyJbrC8s



1Ctd7Na8qE7btyueEshAJF5C7ZqFWH11Wc
xyzxyzxyz (OP)
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February 08, 2014, 03:51:14 PM
 #18

here you go children!


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knightcoin
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February 08, 2014, 04:14:12 PM
 #19

Looks more like a dinosaur pattern to me.

That's correct! I sense that you are an intellectual person  Grin




this


But what if we end up in the claw part? That would be bad, right? Like, all the HODLers would be completely fucked?

LoL ..... Fantastic Chart  lmao Cheesy ..

I wish had one of these charts years ago when I took Steve Nison Japanese Candlestick course lol, somebody should contact him ... I bet candlestick analysis is more useful for crypto than fiat ...

http://www.introversion.co.uk/
mit/x11 licence 18.x/16|o|3ffe ::71
FeedbackLoop
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February 08, 2014, 04:25:09 PM
Last edit: February 08, 2014, 05:48:46 PM by FeedbackLoop
 #20

here you go children!








Must have been an extremely difficult birth the one that put those head and shoulders out in the world. Exposure to Alaskan Fukushima sushi? Akujin's Head and shoulders (highly advised!) neckline looks a bit more in line with the price target.
 
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