Bitcoin Forum
December 10, 2016, 10:33:30 PM *
News: Latest stable version of Bitcoin Core: 0.13.1  [Torrent].
 
   Home   Help Search Donate Login Register  
Pages: « 1 2 3 4 5 6 7 8 9 [10]  All
  Print  
Author Topic: [SHARE] Your Personal Analysis (only post with pictures)  (Read 18738 times)
Spekulatius
Legendary
*
Offline Offline

Activity: 1022



View Profile
October 01, 2013, 06:14:22 PM
 #181

maybe. but you asked "are they completely arbitrary", and they're not.

doesn't mean TA based on trendlines is really accurate. personally, i think trends play an important role, but "support" and "resistance" is overrated (in the sense that they don't specify an exact value at which price will bounce off, but instead specify a price region that is of interest perhaps)



TA and trend lines are like quantum physics: you dont exactly know where the price will be at a given time, you only know to a certain probability. Charts and trendlines help to determin the trajectory and probability of given price. Its not an exact science. It has higher success rates then chance though.
1481409210
Hero Member
*
Offline Offline

Posts: 1481409210

View Profile Personal Message (Offline)

Ignore
1481409210
Reply with quote  #2

1481409210
Report to moderator
1481409210
Hero Member
*
Offline Offline

Posts: 1481409210

View Profile Personal Message (Offline)

Ignore
1481409210
Reply with quote  #2

1481409210
Report to moderator
1481409210
Hero Member
*
Offline Offline

Posts: 1481409210

View Profile Personal Message (Offline)

Ignore
1481409210
Reply with quote  #2

1481409210
Report to moderator
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1481409210
Hero Member
*
Offline Offline

Posts: 1481409210

View Profile Personal Message (Offline)

Ignore
1481409210
Reply with quote  #2

1481409210
Report to moderator
1481409210
Hero Member
*
Offline Offline

Posts: 1481409210

View Profile Personal Message (Offline)

Ignore
1481409210
Reply with quote  #2

1481409210
Report to moderator
oda.krell
Legendary
*
Offline Offline

Activity: 1232



View Profile
October 01, 2013, 07:35:34 PM
 #182

maybe. but you asked "are they completely arbitrary", and they're not.

doesn't mean TA based on trendlines is really accurate. personally, i think trends play an important role, but "support" and "resistance" is overrated (in the sense that they don't specify an exact value at which price will bounce off, but instead specify a price region that is of interest perhaps)



TA and trend lines are like quantum physics: you dont exactly know where the price will be at a given time, you only know to a certain probability. Charts and trendlines help to determin the trajectory and probability of given price. Its not an exact science. It has higher success rates then chance though.

No need to convince me about TA, I believe in it as well (just as I believe in statistical methods in other fields). I'm just not a big fan of "triangles", and constructing shapes by drawing lines through candle extrema.
That approach fails to ignore (IMO) that outliers exist that are best ignored. You could have a million trades executed at 100, and one isolated one at 110, and suddenly it's a "point of contact". I'm exaggerating a bit of course, but I personally think identifying trends through averages, or at least the median price, and ideally taking volume into account as well, is a better approach. just my opinion though. carry on with whatever works for you :)

Not sure which Bitcoin wallet to use? I can highly recommend Electrum.
Electrum is an open-source lightweight client: user friendly, extremely fast, and one of the safest ways to store and use your bitcoins.
Executables are available on the Electrum homepage, so you can get a Bitcoin wallet up and running on your own computer in a few minutes.
Spekulatius
Legendary
*
Offline Offline

Activity: 1022



View Profile
October 02, 2013, 12:08:03 AM
 #183

maybe. but you asked "are they completely arbitrary", and they're not.

doesn't mean TA based on trendlines is really accurate. personally, i think trends play an important role, but "support" and "resistance" is overrated (in the sense that they don't specify an exact value at which price will bounce off, but instead specify a price region that is of interest perhaps)



TA and trend lines are like quantum physics: you dont exactly know where the price will be at a given time, you only know to a certain probability. Charts and trendlines help to determin the trajectory and probability of given price. Its not an exact science. It has higher success rates then chance though.

No need to convince me about TA, I believe in it as well (just as I believe in statistical methods in other fields). I'm just not a big fan of "triangles", and constructing shapes by drawing lines through candle extrema.
That approach fails to ignore (IMO) that outliers exist that are best ignored. You could have a million trades executed at 100, and one isolated one at 110, and suddenly it's a "point of contact". I'm exaggerating a bit of course, but I personally think identifying trends through averages, or at least the median price, and ideally taking volume into account as well, is a better approach. just my opinion though. carry on with whatever works for you Smiley

Yes, you are right in that this formation would have more predictable power if it could actually be drawn by connecting closing prices, instead of daily extremes. In this case though, its not possible;)

What we get if we connect closing prices with one another is this:


An almost parallell trading range between 145$ and 70$.
Who knows, maybe this is what we will end up with for the coming month.

It makes the occurence of bull traps much more likely, because they happen as a result of retracting (false) break outs from trading ranges, not from triangles, at least not by any definition that I am aware of, at best they are much more rare with triangles.
TERA
Hero Member
*****
Offline Offline

Activity: 490



View Profile
October 02, 2013, 07:09:43 AM
 #184

Could you draw a chart yourself to illustrate your point?
windjc
Legendary
*
Offline Offline

Activity: 1106


View Profile
October 02, 2013, 08:34:17 AM
 #185

Could you draw a chart yourself to illustrate your point?


Lol.

If you haven't heard about what is happening with GAME, check it out.  It's revolutionizing gaming. https://bitcointalk.org/index.php?topic=1266597.0
TERA
Hero Member
*****
Offline Offline

Activity: 490



View Profile
October 03, 2013, 12:24:11 AM
 #186



YOU'RE WELCOME GUYS!
Spekulatius
Legendary
*
Offline Offline

Activity: 1022



View Profile
October 14, 2013, 07:47:37 PM
 #187



Oh oh, how could we not see this giant WEDGE?

We may be in for a thorough correction exploring the strenght of that 100$ resistance once more, if this bearish wedge breakes down.
The forecast is not as clear as this pattern would make you think because of a couple of contra indicators:
1: The SR crash recovered very rapidly (although on low volume)
2: We had a break through of the 150$ recently (that could proof a fake break out though)
3: Strong Chinese buying going on

So just keep this in mind so it doesnt hit you out of the blue when it happens, if it happens;)
meh32123
Member
**
Offline Offline

Activity: 110


View Profile
October 14, 2013, 08:09:21 PM
 #188

Try to make that graph with bitstamp data =)
Spekulatius
Legendary
*
Offline Offline

Activity: 1022



View Profile
October 16, 2013, 10:00:25 PM
 #189


https://www.tradingview.com/v/YN9kvN0G/

I wonder whether the second sell off after a possible positive vote on the debt ceiling deal in the house of congress will develop enough momentum to push through the 145$ support and trigger a correction back to more stable levels marked by the recent SR shock. Add the that Europe (Bitstamp) and China waking up to the results, me actually may see a similar sell off as earlier today.
Spekulatius
Legendary
*
Offline Offline

Activity: 1022



View Profile
October 21, 2013, 04:01:09 AM
 #190



Comments and how I did it:
https://www.tradingview.com/v/HqhulrOO/
Spekulatius
Legendary
*
Offline Offline

Activity: 1022



View Profile
October 29, 2013, 08:29:08 PM
 #191





One will trigger the other imo. Could also go up, depending on which breaks out first.
zby
Legendary
*
Offline Offline

Activity: 1431


View Profile
October 30, 2013, 06:17:40 AM
 #192





One will trigger the other imo. Could also go up, depending on which breaks out first.

Looks like it's working. It was also five ways on this short term scale - so good time for a correction.
dnaleor
Legendary
*
Offline Offline

Activity: 1288


Want privacy? Use Monero!


View Profile
October 31, 2013, 02:16:14 AM
 #193


more info here: https://bitcointalk.org/index.php?topic=321720.0

 Smiley

Searching for a trusted escrow service? Check my trust. I use a Trezor device for my escrow services, so your coins are safe. Fee: 0.5% or 0.05 BTC, whichever is lower
I support the largest public transparent p2p ledger Bitcoin (16TwXyEmpz7xKHbyVufZECXGFmUH9wHUyW) and the best private fungible digital cash Monero (dnaleor.weuse.cash)
Cetere mi opinias ke Dasho estas detruenda.     |     1Credit - Fair emission, better than BTC > CLCqECaYpCahgKRsXJiVBzgsiz57ZHfr4u
zby
Legendary
*
Offline Offline

Activity: 1431


View Profile
October 31, 2013, 09:28:20 AM
 #194

Returning to trend line:



Target is the same as the wedge target - sounds good?
dnaleor
Legendary
*
Offline Offline

Activity: 1288


Want privacy? Use Monero!


View Profile
November 02, 2013, 04:11:38 PM
 #195


Searching for a trusted escrow service? Check my trust. I use a Trezor device for my escrow services, so your coins are safe. Fee: 0.5% or 0.05 BTC, whichever is lower
I support the largest public transparent p2p ledger Bitcoin (16TwXyEmpz7xKHbyVufZECXGFmUH9wHUyW) and the best private fungible digital cash Monero (dnaleor.weuse.cash)
Cetere mi opinias ke Dasho estas detruenda.     |     1Credit - Fair emission, better than BTC > CLCqECaYpCahgKRsXJiVBzgsiz57ZHfr4u
augustocroppo
VIP
Hero Member
*
Offline Offline

Activity: 742


View Profile
February 08, 2014, 10:33:03 PM
 #196

http://bitcoincharts.com/charts/mtgoxUSD#rg10ztgSzm1g10zm2g25zi1gAccDistzi2gOBVzv

http://i.imgur.com/4rGn4XQ.png



1. Inside information? The first rats starts to abandon ship?

2. Official Announcement. Captain of the industry admits the ship is sinking:

https://www.mtgox.com/press_release_20140207.html

Quote
Statement Regarding Ship Abandonment Delays

Tokyo - JAPAN - February 07, 2014

Dear MtGox passenger,

In our efforts to resolve the issue being encountered by various rats abandoning ship, it was determined that the increase in the flow of abandonment requests has hindered our efforts on a technical level. To understand the issue thoroughly, the system needs to be in a static state.

http://i.imgur.com/vVLhW1V.png



ElectricMucus
Legendary
*
Offline Offline

Activity: 1540


Drama Junkie


View Profile
February 08, 2014, 10:37:41 PM
 #197





That pic would be appropriate if the rope were tied to the other broken- off half of the same sinking ship.

e:

 Grin

First they ignore you, then they laugh at you, then they keep laughing, then they start choking on their laughter, and then they go and catch their breath. Then they start laughing even more.
oda.krell
Legendary
*
Offline Offline

Activity: 1232



View Profile
February 08, 2014, 11:35:42 PM
 #198





That pic would be appropriate if the rope were tied to the other broken- off half of the same sinking ship.

e:

 Grin


You know, sometimes I remember why I don't have you on ignore. This is one of those times Smiley

Not sure which Bitcoin wallet to use? I can highly recommend Electrum.
Electrum is an open-source lightweight client: user friendly, extremely fast, and one of the safest ways to store and use your bitcoins.
Executables are available on the Electrum homepage, so you can get a Bitcoin wallet up and running on your own computer in a few minutes.
Odalv
Legendary
*
Offline Offline

Activity: 1064



View Profile
February 08, 2014, 11:46:24 PM
 #199



You know, sometimes I remember why I don't have you on ignore. This is one of those times Smiley
.. really rare moment :-)
segeln
Sr. Member
****
Offline Offline

Activity: 420


View Profile
February 09, 2014, 08:08:29 PM
 #200





That pic would be appropriate if the rope were tied to the other broken- off half of the same sinking ship.

e:

 Grin


You know, sometimes I remember why I don't have you on ignore. This is one of those times Smiley
rare Moment, but appropriate.
awesome pic
Pages: « 1 2 3 4 5 6 7 8 9 [10]  All
  Print  
 
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!