Breakout incoming!

[tspacepilot]

That's a strange graphic man.  Eagle flies off face.  Is that supposed to be like the bitcoin price taking wings or something?

[maku]

I certainly do not see any breakout possibilities as for now. For now there are textbook example of stagnation of the market. Bitcoin price is fixed between 270 and 280 dollars and seems stable for now.

[tss]

most convincing graphs from op showing the ta for the incoming breakout.  i'm in.

[chairforce1]

That's a strange graphic man.  Eagle flies off face.  Is that supposed to be like the bitcoin price taking wings or something?

Bro.....

...obviously.

[Auxi]

USA wants pump and China wants dump
Who will win?

[bitwarrior]

Hoping to see the breakout towards $300 range this weekend. Let's see if those resistance towards that point will disappear as time moves on into that target price.

[billyjoeallen]

USA wants pump and China wants dump
Who will win?

Check out the 12 HR chart. The winners trade the churn. Buy China dump and sell USA pump, rinse and repeat.

[bri912678]

I certainly do not see any breakout possibilities as for now. For now there are textbook example of stagnation of the market. Bitcoin price is fixed between 270 and 280 dollars and seems stable for now.

One minute I'm expecting a pump, and the next I'm expecting a dump. If others are thinking the same then it should stay rangebound.

[Meuh6879]

Bro.....

...obviously.

We have found it !

[innocent93]

your "feelings" put you in the last position in the trading simulator.

Guess I'll let is pass

I can't trade, it's true. Seems you were the last to know

Only few dollars rising doesn't mean much, the MACD is still grenn, hope the market could surprise us with $290,$300 or something like that latter.

[gr8n8]

you mean the image in post#1?  What does that represent?  I don't get it.

lol OP was trolling a little bit go and google "pong". I guess it shows my age knowing what that was instantly.

i believe the game was called breakout

[tspacepilot]

Oooh, I had no idea that was called breakout.  I remember playing that kind of game but not the name of it.  Still doesn't connect to the lady's eagle eyebrows though.

[Tzupy]

Decision should come today or tomorrow, either breakout or a large dump if breakout fails.
Huobi bids look promising for the bulls, but so did they on the 2 - 3 December 2014.

[Monetizer]

I am unsure whether this is a joke post or if this is serious.... Why do you think the price will be going up? I think we may see this price hanging around for a little while longer before we see a reversal...

[dothebeats]

Doubt there will be movements to rise the price 50% or similar, but i also get the feeling that we are ready for atleast 310-320 in the comming month or so.
Its nothing to compare to what we can expect to see in the next year after the halving, so if you are not sure ull be able to rebuy, i wouldnt even sell for 300,
but im sure short time holders will sell.

cheers

I might as well sell some of my holdings when we see $300. I bought some coins on the $230 price range and maybe $300 is a good price to take some little profit. But as I can see, the market seems to be ready to jump on a higher price than $300 in the coming weeks. If not, then maybe I'll continue on buying more and selling less, getting ready for the future prices.

[Herbert2020]

well, my money is on up too! but the most important question is "WHEN" i think it is gonna stay around $280 for some time for the upcoming days (a bit more accumulation)

[Q7]

I think that might be possible considering the fact that earlier, the market has been rather stable at 230 for couple of weeks before it climbed at a very fast rate going to 280. So right now, it's like we are looking at another similar trend whereby again, we are now at 280 level and has been rather slow. It's not going down for sure, so I expect another small breakout will happen soon before a bigger one comes along.

[bri912678]

I find it strange OKcoin is now the exchange with the largest USD volume of trades. OKcoin led the rally last night but the Chinese themselves complain that the volume on there is mostly fake.

[sgbett]

I am unsure whether this is a joke post or if this is serious.... Why do you think the price will be going up? I think we may see this price hanging around for a little while longer before we see a reversal...

All my posts are approx 50/50. I looked at the chart (triangle) thought "breakout imminent" then I thought it would be (slightly) funny if anyone opening the thread was immediately confronted with a 'breakout'.

As it happened (the way I see it) we got a breakout up, but it stalled, then retested but the bears couldn't force it down, so the breakout resumed and here we are at the next crossroads.

I never know which direction its going (hence why I don't trade - see dnaelor trading game thread for further proof!) but the triangle always breaks one way or another. I think anyone can trade, until they can't.

I think the zerohedge tag line isn't about life, its a about traders being able to stay in the game

(to clarify im talking about this several trades a day/week style of 'trading' trying to profit on what is mostly random noise - over the past few years I've bought (during the crashes) and sold (during the run ups) and I'm doing ok. I don't see that as trading so much (though I suppose technically it is) more like hedging risk... *shrugs*)

[HarmonLi]

It's great that this subforum can be funny without all the bears calling the end of Bitcoin with their 'hilarious' GIFs of that guy laughing at a big red candle...