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Author Topic: Something BIG will happen to Bitcoin this week ... or next  (Read 3400 times)
thezerg
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July 24, 2014, 09:10:24 PM
 #21

Basically its in a wedge. Last time it was in a triangle it broke out and almost hit $700 about 2 months ago.

It will either break up or break down sometime this week or next....


See chart below

<snip>

I've never seen the most arbitrary lines drawn on a graph in my life, until now.  That's pretty pathetic dude.

LOL! If you don't understand what a wedge is, maybe you shouldn't be trading. Pretty common pattern.


lol... its your lower wedge line, seems to cut directly thru the graph not anchored to anything.
adaseb (OP)
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July 25, 2014, 01:39:47 AM
 #22

I am entering short on this pullback.

Will short full position at around $610 or so.

Tight stop

cinder
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July 25, 2014, 04:54:33 AM
Last edit: July 25, 2014, 05:15:02 AM by cinder
 #23

I am entering short on this pullback.

Will short full position at around $610 or so.

Tight stop

The Ethereum crowd probably going to cash out their newly found wealth.

They raised 7k BTC and counting. Can't believe how gullible some people are.

giveBTCpls
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July 25, 2014, 10:37:31 AM
 #24

I am entering short on this pullback.

Will short full position at around $610 or so.

Tight stop

The Ethereum crowd probably going to cash out their newly found wealth.

They raised 7k BTC and counting. Can't believe how gullible some people are.




Jesus fucking hell! Imagine if you were in control of 7K BTC out of nowhere and BTC hits 1000 USD again. Are you shtting me? These guys are going to at least cash out on a couple million dollars for sure. I guess we are going to have constant sell resistan celings for a while.

wachtwoord
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July 25, 2014, 03:27:04 PM
 #25

This graph is so incredibly random. The bottom line is just .... erm drawn there for no reason?
leezay
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July 26, 2014, 05:48:54 AM
 #26

I am entering short on this pullback.

Will short full position at around $610 or so.

Tight stop

The Ethereum crowd probably going to cash out their newly found wealth.

They raised 7k BTC and counting. Can't believe how gullible some people are.




Jesus fucking hell! Imagine if you were in control of 7K BTC out of nowhere and BTC hits 1000 USD again. Are you shtting me? These guys are going to at least cash out on a couple million dollars for sure. I guess we are going to have constant sell resistan celings for a while.

Likely outcome in the next 12 months.

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