Re: [ANN] Halcyon - x15 POS - Cryptsy Bittrex - Dev Slow but Continue

[Viper1]

Apologies. Frustrating day. Explorer should be back up, website construction page is loading here but perhaps theres issue with the hoster. Wiki has been being worked on by a friend so perhaps it is offline until he finish, I will ask when hes back online.

Yep, I can get to the block explorer now but not the wiki so it's probably got issues.

[brookefinancial]

I just want to give a small tip to traders, I didnt want to post this at 55K to create panic and being call a FUD, so I will do it now.

Next time you see a chart pattern like this, Head and Shoulders TOP, I suggest you sell all your profit. I know on the stock market, the head of the h&s is usually higher than the L/R shoulders, but this is crypto, we are trading 24/7, I dont expect the chart patterns to be exactly the same.

I will continue watching this pattern because it can spare money to a lot of people. I recently spotted it on $XBOT too around 30K, now its down to 16K...

So again, sell on this H&S Top next time, its easier if you set yourself some rules.

peace

[elite2291]

Dev do not let them bring you down stay strong, hard work always bring results!

[will1988]

buy time

buy buy buy

[kpierce77]

I just want to give a small tip to traders, I didnt want to post this at 55K to create panic and being call a FUD, so I will do it now.

Next time you see a chart pattern like this, Head and Shoulders TOP, I suggest you sell all your profit. I know on the stock market, the head of the h&s is usually higher than the L/R shoulders, but this is crypto, we are trading 24/7, I dont expect the chart patterns to be exactly the same.

I will continue watching this pattern because it can spare money to a lot of people. I recently spotted it on $XBOT too around 30K, now its down to 16K...

So again, sell on this H&S Top next time, its easier if you set yourself some rules.

peace

Well that's pretty interesting.  I didn't know about this at all.  Just did more research online and will definitely be more aware of the H&D pattern.  They also say that to figure out when to buy back in, draw a line from the base of one shoulder to the base of the other shoulder.  That'll define the support price.  Then, take the peak price at the head and subtract that support price from it.  Then, take that value that you got from that subtraction and subtract it from the support price, and that'll give you the price you should buy back in at.  So, HAL's peak looked like it was around 63,000 at the peak of the head.  About that.  The support price from shoulder to shoulder I think looked to be about 50,000.  The difference between those two is 13,000, so you'd subtract 13,000 from the support of 50,000 and get a buy back in price of 37,000.  The problem is that it fell to 20,000 lol  So either my numbers are wrong, or because since it's crypto it doesn't make any sense and traditional chart analysis doesn't apply. haha

[kpierce77]

I just want to give a small tip to traders, I didnt want to post this at 55K to create panic and being call a FUD, so I will do it now.

Next time you see a chart pattern like this, Head and Shoulders TOP, I suggest you sell all your profit. I know on the stock market, the head of the h&s is usually higher than the L/R shoulders, but this is crypto, we are trading 24/7, I dont expect the chart patterns to be exactly the same.

I will continue watching this pattern because it can spare money to a lot of people. I recently spotted it on $XBOT too around 30K, now its down to 16K...

So again, sell on this H&S Top next time, its easier if you set yourself some rules.

peace

Well that's pretty interesting.  I didn't know about this at all.  Just did more research online and will definitely be more aware of the H&D pattern.  They also say that to figure out when to buy back in, draw a line from the base of one shoulder to the base of the other shoulder.  That'll define the support price.  Then, take the peak price at the head and subtract that support price from it.  Then, take that value that you got from that subtraction and subtract it from the support price, and that'll give you the price you should buy back in at.  So, HAL's peak looked like it was around 63,000 at the peak of the head.  About that.  The support price from shoulder to shoulder I think looked to be about 50,000.  The difference between those two is 13,000, so you'd subtract 13,000 from the support of 50,000 and get a buy back in price of 37,000.  The problem is that it fell to 20,000 lol  So either my numbers are wrong, or because since it's crypto it doesn't make any sense and traditional chart analysis doesn't apply. haha

Sorry H&S pattern, not H&D pattern.

[arguelles84]

whales pumping again. 20btc buy support at near bid price.

[brookefinancial]

I just want to give a small tip to traders, I didnt want to post this at 55K to create panic and being call a FUD, so I will do it now.

Next time you see a chart pattern like this, Head and Shoulders TOP, I suggest you sell all your profit. I know on the stock market, the head of the h&s is usually higher than the L/R shoulders, but this is crypto, we are trading 24/7, I dont expect the chart patterns to be exactly the same.

I will continue watching this pattern because it can spare money to a lot of people. I recently spotted it on $XBOT too around 30K, now its down to 16K...

So again, sell on this H&S Top next time, its easier if you set yourself some rules.

peace

Well that's pretty interesting.  I didn't know about this at all.  Just did more research online and will definitely be more aware of the H&D pattern.  They also say that to figure out when to buy back in, draw a line from the base of one shoulder to the base of the other shoulder.  That'll define the support price.  Then, take the peak price at the head and subtract that support price from it.  Then, take that value that you got from that subtraction and subtract it from the support price, and that'll give you the price you should buy back in at.  So, HAL's peak looked like it was around 63,000 at the peak of the head.  About that.  The support price from shoulder to shoulder I think looked to be about 50,000.  The difference between those two is 13,000, so you'd subtract 13,000 from the support of 50,000 and get a buy back in price of 37,000.  The problem is that it fell to 20,000 lol  So either my numbers are wrong, or because since it's crypto it doesn't make any sense and traditional chart analysis doesn't apply. haha

Yes well like I said, I noticed that there are some theoretical differences between TA in crypto and in the stock market but I am working on some research and trying to identify chart patterns in crypto to study them.

This is some info on H&S Top, a big quantitative study was made by Bulkowski on every chart patterns. This is for HS TOP, calling a top.

http://thepatternsite.com/hst.html

Head-and-shoulders tops are the best performing bearish chart pattern in a bull market. Even in a bear market, they are reliable performers, but a pullback occurs nearly two-thirds of the time.

Overall performance rank (1 is best): 1 out of 21
Break even failure rate: 4%
Average decline: 22%
Pullback rate: 50%
Percentage meeting price target: 55%
The above numbers are based on hundreds of perfect trades.

[KeyserSozeMC]

whales pumping again. 20btc buy support at near bid price.

DCB.

[brookefinancial]

whales pumping again. 20btc buy support at near bid price.

DCB.

 

[UserAlter]

whales pumping again. 20btc buy support at near bid price.

DCB.

 

Who is bouncing? 

[UNO_owner]

whales pumping again. 20btc buy support at near bid price.

Those walls are bullshit.  Dumpers way of telling you that is where you need to put your buys if you want some.  Cuz they are going to dump again.  Third post about this, it will be my last.  They aren't done.  If you want HAL, put a buy at 21k and wait for the next dump.

[brookefinancial]

whales pumping again. 20btc buy support at near bid price.

DCB.

 

Who is bouncing? 

I'm sorry I saw this one day on the CLOAK thread and it cracked me up, I was dying to plug it somewhere.

Can't find the gif though....

I'm out

[ASPHIAX]

Ok, good to see the blockexplorer is back online when i just woke up now.
The 375k hal is still there!
Sorry to see your coin be such a plaything for whales dev!
KUTGW!

[teamlottowin]

i had buys @ 21 and apparently it went a lot lower

[marc.xxx]

I can remember the epic voot dump; people were told nothing happened everything is fine.
Then voot recovered a bit. BUT it was the beginning of the end.

My opinion is, that nobody would dump so hard, unless he has more information then others.
So I am out.

[marc.xxx]

FEAR IS ON THE STREETS OF HAL CITY

[SkyValeey]

FEAR IS ON THE STREETS OF HAL CITY

Only at your street:)

you sold? LOL so you must made buy high sell low (unless you bought below pump days haha)

 

[marc.xxx]

FEAR IS ON THE STREETS OF HAL CITY

Only at your street:)

you sold? LOL so you must made buy high sell low (unless you bought below pump days haha)

 

FEAR will catch you as well

[SkyValeey]

FEAR IS ON THE STREETS OF HAL CITY

Only at your street:)

you sold? LOL so you must made buy high sell low (unless you bought below pump days haha)

 

FEAR will catch you as well

Hahaha I'm not you  
I bought low and will sell higher. Recommend.