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Author Topic: major breakout imminent!  (Read 8361 times)
bitcoinBull
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April 19, 2012, 07:44:33 PM
 #61

its looking rather bearish right now  Undecided

I'm more comfortable with a relatively slow and steady rise. Maybe the market has learned not to like strong breakouts since they tend to be followed by sharp corrections. For the time being, anyway...

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proudhon
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April 19, 2012, 07:49:38 PM
 #62

its looking rather bearish right now  Undecided

I agree.  I think we're going to break back into the $4s in the next week or so and stay there for a while again.
silverbox
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April 19, 2012, 08:19:25 PM
 #63

No back breaking allowed!!  You big bully!
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April 19, 2012, 09:16:08 PM
 #64

Just another triangle ahead ) Total geometry lessons...
silverbox
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April 19, 2012, 09:21:48 PM
 #65

My dad has a bigger triangle then your dad  Grin
adamstgBit
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April 19, 2012, 10:27:20 PM
 #66

5.10 wall under attack

teflone
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April 19, 2012, 10:28:50 PM
 #67

Fortify!!!!

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proudhon
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April 19, 2012, 10:41:17 PM
 #68

And back down we go... Roll Eyes
pirateat40
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April 19, 2012, 10:45:26 PM
 #69

You guys are funny...

disclaimer201
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April 19, 2012, 10:47:26 PM
 #70

Some people must have no lives other than watching threads and price movements.

Now to something completely different:

Will the 5.10 wall hold?Huh

proudhon
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April 19, 2012, 10:53:51 PM
 #71

Some people must have no lives other than watching threads and price movements.

Now to something completely different:

Will the 5.10 wall hold?Huh

Probably not.  Even if the price is going to go up in the next weeks, it's probably going to go down first.  Protip:  The price probably isn't going to go up in the next weeks.  From what I can gather most of the analysts are on the bullish side of things right now which has pretty consistently meant that a sell-off is on its way.

Full disclosure:  I couldn't help myself and despite sincerely wanting to take a break from trading, I went ahead and took advantage of liquidity above $5 and sold.
adamstgBit
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April 19, 2012, 10:58:04 PM
 #72

Some people must have no lives other than watching threads and price movements.

Now to something completely different:

Will the 5.10 wall hold?Huh

its holding!




teflone
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April 19, 2012, 11:00:08 PM
 #73

Some people must have no lives other than watching threads and price movements.

Now to something completely different:

Will the 5.10 wall hold?Huh

Probably not.  Even if the price is going to go up in the next weeks, it's probably going to go down first.  Protip:  The price probably isn't going to go up in the next weeks.  From what I can gather most of the analysts are on the bullish side of things right now which has pretty consistently meant that a sell-off is on its way.

Full disclosure:  I couldn't help myself and despite sincerely wanting to take a break from trading, I went ahead and took advantage of liquidity above $5 and sold.

Ehhhhhh...  Risky move brother..

I agree its going down short term, but only down a smidge..  

I think you'll break even after paying trading fees on any gains buying lower..

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pirateat40
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April 19, 2012, 11:02:57 PM
 #74

I bet the market goes ********* for a quick ********* then a massive ********* which will force ********* to ********* and cause a major *********.

Anyone wanna bet?

teflone
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April 19, 2012, 11:09:35 PM
 #75

I will bet, but only if I know what the * means..

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April 19, 2012, 11:13:01 PM
 #76

I will bet, but only if I know what the * means..

If there ever was a time to be greedy.

Tonight would be it.

After all, it's Thursday!
SkRRJyTC
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April 19, 2012, 11:15:52 PM
 #77

I dont have time to post a chart but...

Im expecting at least 40,000 Bitcoins bought in the next few hours.  Ill be buying some of them myself when we push against the $5.20 wall again.

Rally Time  Cool

Edit: How many rally threads can we fit on the front page?
disclaimer201
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April 19, 2012, 11:19:34 PM
 #78

I've just sold a few BTC on Bitcoinica so I will have some USD there. I don't really understand much about trading, so I won't touch the short options or any of that Casino stuff, but I'm thinking I might get some more interest on my USD than I do for BTC there. Plus, there is this cool new way of transferring money for like 9$ to your credit card. Anyway, if it's an obvious time to go short because of obvious movements, it'd be nice if you could tell what buttons to press. Oh, I just said I should better not touch Bitcoinica for anything else but interest and (less than ideal) exchange options. Cheers!

I don't think it will go further up this week. But we will see...

Crypt_Current
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April 19, 2012, 11:28:56 PM
 #79

I've just sold a few BTC on Bitcoinica so I will have some USD there. I don't really understand much about trading, so I won't touch the short options or any of that Casino stuff, but I'm thinking I might get some more interest on my USD than I do for BTC there. Plus, there is this cool new way of transferring money for like 9$ to your credit card. Anyway, if it's an obvious time to go short because of obvious movements, it'd be nice if you could tell what buttons to press. Oh, I just said I should better not touch Bitcoinica for anything else but interest and (less than ideal) exchange options. Cheers!

I don't think it will go further up this week. But we will see...

Press the "SELL" button... repeatedly!   Grin

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disclaimer201
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April 19, 2012, 11:44:08 PM
 #80

I've just sold a few BTC on Bitcoinica so I will have some USD there. I don't really understand much about trading, so I won't touch the short options or any of that Casino stuff, but I'm thinking I might get some more interest on my USD than I do for BTC there. Plus, there is this cool new way of transferring money for like 9$ to your credit card. Anyway, if it's an obvious time to go short because of obvious movements, it'd be nice if you could tell what buttons to press. Oh, I just said I should better not touch Bitcoinica for anything else but interest and (less than ideal) exchange options. Cheers!

I don't think it will go further up this week. But we will see...

Press the "SELL" button... repeatedly!   Grin

Done! We should be down to 5.0 in no time!  Tongue

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