If $537 fails to hold........

[MatTheCat]

Then we will have breached the long term trendline that has been in place since Jan 2013.





Anyone care to provide any other theories as to why Bitcoin finding 'support' at $500, or somewhere in the $400's, would be 'bullish'?

[utclover]

My chart says  the stoploss is $517. buy support on bitstamp says stoploss is  $500-520
you can always give or take a few dollars btw.
you need to wait for confirmation before you sell or you will lose your coins that way.

my chart says bullish. if it goes bellow $515 and on the 4h chart the next candle after that it opens lower than 520 and closes lower than 500 i will sell all my bitcoins if the next after that is red.

if that does not happen, bitcoin is very bullish and will pass atleast $2500 or alot higher

[segeln]

Then we will have breached the long term trendline that has been in place since Jan 2013.

the graph doesn`t show the trendline since 2013. This trendline was broken already 04.11.2014.So this graph shows an adjusted trendline since the definite break 04.27.2014. Only noobs correct broken trendlines so quick

Btw: the longterm (Primary) trendline is since 2011.the trendline since 2013 is midterm(secondary) and due to the Rally-acceleration  in 2013
again,only noobs don`t know the the correct terms
sorry,I made a mistake

[Bitcoin_is_here_to_stay]

Then we will have breached the long term trendline that has been in place since Jan 2013.

the graph doesn`t show the trendline since 2013. This trendline was broken already 04.11.2014.So this graph shows an adjusted trendline since the definite break 04.27.2014. Only noobs correct broken trendlines so quick

Btw: the longterm (Primary) trendline is since 2011.the trendline since 2013 is midterm(secondary) and due to the Rally-acceleration  in 2013

What would be current support on that long-term support?

[Miz4r]

If we break below $530 I will start questioning the entire rally we've had since $450, but so far it looks like a normal correction to the 0.618 fib level to me. Let's see if the bears can break right through all the bullish news lately. Long term I'm not worried though even if we revisit 400s or 300s.

[segeln]

Then we will have breached the long term trendline that has been in place since Jan 2013.

the graph doesn`t show the trendline since 2013. This trendline was broken already 04.11.2014.So this graph shows an adjusted trendline since the definite break 04.27.2014. Only noobs correct broken trendlines so quick

Btw: the longterm (Primary) trendline is since 2011.the trendline since 2013 is midterm(secondary) and due to the Rally-acceleration  in 2013

What would be current support on that long-term support?

about 101 $

[segeln]

If we break below $530 I will start questioning the entire rally we've had since $450, but so far it looks like a normal correction to the 0.618 fib level to me. Let's see if the bears can break right through all the bullish news lately. Long term I'm not worried though even if we revisit 400s or 300s.

yeah,absolute normal Fibo-Retracement-Level

[MatTheCat]

Then we will have breached the long term trendline that has been in place since Jan 2013.

the graph doesn`t show the trendline since 2013. This trendline was broken already 04.11.2014.So this graph shows an adjusted trendline since the definite break 04.27.2014. Only noobs correct broken trendlines so quick

Btw: the longterm (Primary) trendline is since 2011.the trendline since 2013 is midterm(secondary) and due to the Rally-acceleration  in 2013

What would be current support on that long-term support?

Hallo Segeln!

I get to read your post because someone else quoted it.

If you think that a long term trend line being breached by $5-$10 on low volume, renders that trendline being broken, then it is you that is the noob.

....and we never broke it on April 2013, we rebounded of it near perfectly.

[segeln]

Then we will have breached the long term trendline that has been in place since Jan 2013.

the graph doesn`t show the trendline since 2013. This trendline was broken already 04.11.2014.So this graph shows an adjusted trendline since the definite break 04.27.2014. Only noobs correct broken trendlines so quick

Btw: the longterm (Primary) trendline is since 2011.the trendline since 2013 is midterm(secondary) and due to the Rally-acceleration  in 2013

What would be current support on that long-term support?

Hallo Segeln!

I get to read your post because someone else quoted it.

If you think that a long term trend line being breached by $5-$10 on low volume, renders that trendline being broken, then it is you that is the noob.

....and we never broke it on April 2013, we rebounded of it near perfectly.

it was broken in 2014,not 2013 as you suggested.And it was broken for about 1 Month time,you noob.And No low volume
I know you can stand beeing described as noob,because you overestimate yourself as always.
[/s]
sorry,I made a mistake

[Wandererfromthenorth]

Also, that point coincides with an important Fibo level







Let's just say that if we break that, RIP Bitcoin lol

[bellgarath1]

There are lots of short term events happening.  US dumping coin, and China messing with coin again.
But the future is only looking brighter and this is a chance to buy and hold coin once you think it has bottomed out.

Jerry

My guess is 425 to 450.......

[segeln]

https://www.tradingview.com/x/Og7Mytb7
there you see the rallyacceleration 2013 and ist breach april 2014.
Furthermore the Longterm (Primary) trendline since 2011.
In blue,just for you , the adjusted trendline 2013.You can not adjust trendlines so quick.

[MatTheCat]

it was broken in 2014,not 2013 as you suggested.And it was broken for about 1 Month time,you noob.And No low volume
I know you can stand beeing described as noob,because you overestimate yourself as always.

Very well then Segeln you absolute grade A fucking halfwit roaster.

Show me the chart where the long term support trendline which I have drawn on and inserted into this thread is breached for a month?

I really am beginning to form a mental image of you being some kind of frustrated fucking foaming out the mouth vegetable.

You bandy the accusations about, noob this, noob that, noob doesn't understand, yet you continually reveal yourself to be completely fucking ignorant.




Ah....I forgot, your break even level was at $750...Ah, and now Bitcoin has gone and went in the opposite direction....ah, I see! Must be hard to take that, eh? Be even harder to take once that LONG FUCKING TERM SUPPORT LINE is broken though? Stimmt das oder, mein armer behinderter Deutscher Kumpel!?

Edit: If it is any consolation, I just lost a few hundred dollars with a panic market order. The ticker on Bitstamp read $549 when I decided to fold my $555 buy-in, but a whole bunch of others had the same idea as me at the very same time (not to mention the front running friends of the exchange no doubt) and by the time my trade went through, it registered at $540.07! The bottom of the market! What a fucking Jew of a thing to happen, eh wot?

[segeln]

it was broken in 2014,not 2013 as you suggested.And it was broken for about 1 Month time,you noob.And No low volume
I know you can stand beeing described as noob,because you overestimate yourself as always.

Very well then Segeln you absolute grade A fucking halfwit roaster.

Show me the chart where the long term support trendline which I have drawn on and inserted into this thread is breached for a month?

I really am beginning to form a mental image of you being some kind of frustrated fucking foaming out the mouth vegetable.

You bandy the accusations about, noob this, noob that, noob doesn't understand, yet you continually reveal yourself to be completely fucking ignorant.




Ah....I forgot, your break even level was at $750...Ah, and now Bitcoin has gone and went in the opposite direction....ah, I see! Must be hard to take that, eh? Be even harder to take once that LONG FUCKING TERM SUPPORT LINE is broken though? Stimmt das oder, mein armer behinderter Deutscher Kumpel!?

no comment needed for those ad hominem accusation.
by,by
Edit:

Show me the chart where the long term support trendline which I have drawn on and inserted into this thread is breached for a month?

If you draw a false trendline you will never see the breach
sorry, I made a mistake MatTheCat`s trendline is correct

[Benjig]

My chart says  the stoploss is $517. buy support on bitstamp says stoploss is  $500-520
you can always give or take a few dollars btw.
you need to wait for confirmation before you sell or you will lose your coins that way.

my chart says bullish. if it goes bellow $515 and on the 4h chart the next candle after that it opens lower than 520 and closes lower than 500 i will sell all my bitcoins if the next after that is red.

if that does not happen, bitcoin is very bullish and will pass atleast $2500 or alot higher

Yes the support is somewhere between 520, if we hold on that point we will see four figures in the next month!

[MatTheCat]

Ah! I see.

Ok, back on ignore with you methinks!

[Wandererfromthenorth]

https://www.tradingview.com/x/Og7Mytb7
there you see the rallyacceleration 2013 and ist breach april 2014.
Furthermore the Longterm (Primary) trendline since 2011.
In blue,just for you , the adjusted trendline 2013.You can not adjust trendlines so quick.

Dude, what is that random red line?

If you draw a trend line from january the 6th 2013 to the bottom of the october crash you have a clear trend line that predicted the $340 bottom and the official trend reversal perfectly.
Simple as that.  
the red line is nothing at all.
What are you saying?

[MatTheCat]

Dude, what is that random red line?

If you draw a trend line from january the 6th 2013 to the bottom (why should) of the october crash you have a clear trend line that predicted the $340 bottom and the official trend reversal perfectly.
Simple as that.  
the red line is nothing at all.
What are you saying?

He is saying that you must agree with him that that random red line is infact the long term support, otherwise you are a noob that doesn't understand Bitcoin.

LOL @ Wanderfromthenorth!!! He is a n00000b! That doesn't understand Bitcoin!

[r0ach]

I made a post specifically to address this post:

This forum has the largest collection of dumb college educated people on earth

http://bitcointalk.org/index.php?topic=652307.0

[MatTheCat]

I made a post specifically to address this post:

This forum has the largest collection of dumb college educated people on earth

http://bitcointalk.org/index.php?topic=652307.0

Really?

And should that long term support be convincingly breached, at what price support would you be happy to go all in on a long Bitcoin position?