podyx
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November 30, 2014, 04:03:03 PM Last edit: November 30, 2014, 04:13:49 PM by podyx |
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The very short term count has slightly changed, see here. I do think we need a greater retrace but not necessarily 2260. We might see some incredible strength here. We have moved in a similar way, do you think we will have another leg down to 2270 before we go up? chessnut is reading this market really accurate So where are we headed once we touched 2270-2280? Chessnut, I'd obviously love to hear your opinion
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chessnut (OP)
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December 01, 2014, 05:20:57 AM |
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This appears to be a triangle breakout. looks like a good thrust will occur to the upside. Id have to assume that we will be range bound from there however.
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podyx
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December 01, 2014, 05:30:14 AM |
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What happend to going to 3000cny?
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chessnut (OP)
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December 01, 2014, 05:34:54 AM |
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What happend to going to 3000cny?
I never said it wont happen any more. the bigger picture always dominates the smaller.
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podyx
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December 02, 2014, 02:24:12 AM |
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Can we expect this to be a reverse triangle?? IE reversing back up after we have broken down?
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RyNinDaCleM
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Legen -wait for it- dary
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December 02, 2014, 03:47:57 AM |
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Can we expect this to be a reverse triangle?? IE reversing back up after we have broken down? That's called a false break
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Tzupy
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December 02, 2014, 06:29:45 PM |
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I have noticed something, the price movements during the last month, especially in China, look like local versions of a wave 5 - the rally to 3000CNY, wave A - the correction to 2100CNY, and now what could be developing looks like a wave B, possibly topping around 2600CNY (or 420$ Bitstamp), which could be a bull trap.
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Sometimes, if it looks too bullish, it's actually bearish
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RyNinDaCleM
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Legen -wait for it- dary
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December 02, 2014, 10:39:24 PM |
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I have noticed something, the price movements during the last month, especially in China, look like local versions of a wave 5 - the rally to 3000CNY, wave A - the correction to 2100CNY, and now what could be developing looks like a wave B, possibly topping around 2600CNY (or 420$ Bitstamp), which could be a bull trap.
Chart please?
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madmat
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December 03, 2014, 08:18:37 AM |
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Where are you chessnut. We miss you in these sideway days.
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chessnut (OP)
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December 03, 2014, 10:11:40 AM |
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Where are you chessnut. We miss you in these sideway days.
Im just hibernating, waiting for the beast to move. EW doesnt serve well in the doldrums, I need volatility. Im not going to continue posting charts when I seem to be off at the moment.
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madmat
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December 03, 2014, 12:01:45 PM |
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Where are you chessnut. We miss you in these sideway days.
Im just hibernating, waiting for the beast to move. EW doesnt serve well in the doldrums, I need volatility. Im not going to continue posting charts when I seem to be off at the moment. OK, is is all i need to know. You keep watching, great. I think we could have some activity tomorrow. Any news from the auction could wake up the beast.
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chessnut (OP)
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December 03, 2014, 11:32:34 PM |
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For the next four days I will be away and might not be able to trade or comment on the market. Dont cling to my analysis if this goes south obviously, as it could.
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Tzupy
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December 04, 2014, 02:45:27 PM |
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I have noticed something, the price movements during the last month, especially in China, look like local versions of a wave 5 - the rally to 3000CNY, wave A - the correction to 2100CNY, and now what could be developing looks like a wave B, possibly topping around 2600CNY (or 420$ Bitstamp), which could be a bull trap.
Chart please? I think it's better to wait for the picture to become clearer before posting a chart. But someone else had a similar idea: https://bitcointalk.org/index.php?topic=882130.0
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Sometimes, if it looks too bullish, it's actually bearish
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RyNinDaCleM
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Legen -wait for it- dary
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December 04, 2014, 07:05:01 PM |
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I have noticed something, the price movements during the last month, especially in China, look like local versions of a wave 5 - the rally to 3000CNY, wave A - the correction to 2100CNY, and now what could be developing looks like a wave B, possibly topping around 2600CNY (or 420$ Bitstamp), which could be a bull trap.
Chart please? I think it's better to wait for the picture to become clearer before posting a chart. But someone else had a similar idea: https://bitcointalk.org/index.php?topic=882130.0Sorry, I just couldn't picture it as you explained it, so I was asking for a visual aid
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Afrikoin
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alan watts is all you need
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December 05, 2014, 07:53:55 PM |
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Did anyone see bulk purchases on stamp at $ 374 ish? just me perhaps overeacting
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▄▄▄██████▄▄▄ ▄██████████████████▄ ▄████████████████████████▄ ▄▄ ▄████████████████████████████▄ ███████████████████████████████████▄ ▀▀█████████████████████████████████▄ ██████████████████████████████████ ██████████████████████████████████ ██████████████████████████████████ ██████████████████████████████████ ▀████████████████████████████████▀ ▀██████████████████████████████▀ ▀▀██████████████████████████▀ ▀██████████████████████▀ ▀▀▀████████████▀▀▀ | .
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chessnut (OP)
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December 06, 2014, 02:59:15 AM |
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We are seeing some very bullish price action. Following a corrective zigzag we have a nice primary wave from lows. This must be followed by a move up, probably substantial. given the position of this primary wave, there is a fair chance we are in a minor wave three at the present and could be trending toward 2450 at the time being.
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BitCoinNutJob
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December 06, 2014, 09:26:05 AM |
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Did anyone see bulk purchases on stamp at $ 374 ish? just me perhaps overeacting
Yes i saw, there were also bulk buys at bitfinex around the same time
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Afrikoin
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alan watts is all you need
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December 06, 2014, 10:38:17 AM |
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Did anyone see bulk purchases on stamp at $ 374 ish? just me perhaps overeacting
Yes i saw, there were also bulk buys at bitfinex around the same time What did you make of it? I think someone was buying and trying not to get noticed ie noticeably impact the market.
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Arv1e
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December 06, 2014, 06:17:58 PM |
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We are seeing some very bullish price action. Following a corrective zigzag we have a nice primary wave from lows. This must be followed by a move up, probably substantial. given the position of this primary wave, there is a fair chance we are in a minor wave three at the present and could be trending toward 2450 at the time being. Welcome Back!
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keystroke
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December 06, 2014, 07:26:38 PM |
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Can you do a long term wave view like on the monthly chart? I would love to see that for some long term understanding of what this market is going to do. (I am a permabull of course...)
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"The difference between a castle and a prison is only a question of who holds the keys."
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