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Author Topic: Next breakout coming soon! Here comes $11.  (Read 5497 times)
ineededausername
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July 26, 2012, 11:16:29 PM
 #1



Though many people say that we are going down short-term, I believe that we may be experiencing a correction similar to last May's correction at around this price level.  I still think this rally has legs, and wouldn't be surprised to see $10 or $11 soon.



Note that we have broken out of the July triangle ever since the move from $8.4 to $8.9.  $8.9 seems to be short-term resistance, but I think we might go back to $9.2 or $9.5 soon.

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July 26, 2012, 11:19:22 PM
 #2

I predict the market will go either up or down... Cheesy


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July 26, 2012, 11:22:01 PM
 #3

I believe that we may be experiencing a correction similar to last May's correction at around this price level.  I still think this rally has legs, and wouldn't be surprised to see $10 or $11 soon.

I agree


I predict the market will go either up or down... Cheesy


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the market remains unchanged
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July 26, 2012, 11:22:59 PM
 #4

I believe that we may be experiencing a correction similar to last May's correction at around this price level.  I still think this rally has legs, and wouldn't be surprised to see $10 or $11 soon.

I agree


I predict the market will go either up or down... Cheesy


I WIN!

the market remains unchanged
you lose

Cheesy

Damn....I lose  Cheesy

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July 27, 2012, 12:23:35 AM
 #5

Last 24 hours: twice as many buys as sells (buy = buy into asks, same for sell)

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July 27, 2012, 02:04:45 AM
 #6

It will be interesting if the market cap breaks to a new short term high.

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July 27, 2012, 02:10:22 AM
 #7

I agree, $10 seems very near with the daily buys we've been seeing.

Perhaps its does it $10...based on what? Speculation?

Well speculation is fun when you're making bank.  Cheesy

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July 27, 2012, 02:49:29 AM
 #8

I hope not.  The best thing that could happen is months long stability around $8.
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July 27, 2012, 03:02:17 AM
 #9

I hope not.  The best thing that could happen is months long stability around $8.

Sorry, proudhon I think your wish won't be granted.  Bids above 5 moved to approx 1.5 million today from approx 1 million, so it looks like buying pressure is returning...
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July 27, 2012, 03:15:01 AM
 #10

I hope not.  The best thing that could happen is months long stability around $8.

Sorry, proudhon I think your wish won't be granted.  Bids above 5 moved to approx 1.5 million today from approx 1 million, so it looks like buying pressure is returning...

You cant gauge market direction from the order book alone. The orders can be cancelled at a moment's notice.

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July 27, 2012, 04:44:43 AM
 #11

I hope not.  The best thing that could happen is months long stability around $8.
Spoken like a true bear.  Wink

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July 27, 2012, 04:47:54 AM
 #12

I agree with proudhon, stability in the price is what counts (i.e. we build a base on pricing over time, not skyrocketing too the moon in terms of price...).

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July 27, 2012, 04:56:12 AM
 #13

I hope not.  The best thing that could happen is months long stability around $8.

i agree a good 6 months at 8 would be excellent

anyway if you buy at 8.90 or 8$ it wont make much diff once we break 100$ ...  in about 17.52364 months.  Cheesy

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July 27, 2012, 05:02:02 AM
 #14

I hope not.  The best thing that could happen is months long stability around $8.

i agree a good 6 months at 8 would be excellent

anyway if you buy at 8.90 or 8$ it wont make much diff once we break 100$ ...  in about 17.52364 months.  Cheesy

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LEALANA  PHYSICAL MONERO COINS 999 FINE SILVER.
 
ElectricMucus
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July 27, 2012, 05:19:04 AM
 #15

Go on at some point people will take you guys serious and really start panicking  Tongue

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July 27, 2012, 06:15:58 AM
 #16

I agree with proudhon, stability in the price is what counts (i.e. we build a base on pricing over time, not skyrocketing too the moon in terms of price...).

I agree- stability at 10$ would be just fine  Smiley

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July 27, 2012, 06:23:35 AM
 #17

I agree with proudhon, stability in the price is what counts (i.e. we build a base on pricing over time, not skyrocketing too the moon in terms of price...).

I agree- stability at 10$ would be just fine  Smiley


I'd like to hear you say that when we're trading at $11.

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waspoza
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July 27, 2012, 09:27:24 AM
 #18

I agree, stability at $1k would be nice.  Tongue
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July 29, 2012, 10:41:26 AM
 #19

I agree, stability at $1k would be nice.  Tongue

I'd like to hear you say that when... WAIT! What?!?

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July 29, 2012, 06:50:02 PM
 #20

Tomorrow, we will see something interesting Smiley

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