don't predict direction, but dance with flow of water
Bitcoin Analysis 22 replies
Bitcoin-Family math and technical analysis 20 replies
Fundamental Analysis, Technical Analysis Or Graph Analysis? 28 replies
Dislikedthat was the b wave rally (abc up)... crash alert! c wave soon {image}Ignored
Disliked{quote} can some body that understand this chart, explain it to me, please, because I don't get it.......I think the move is more like this and is already done, is just like a 1,2,3 pattern, away from support and it did work well, but is over now, targets are meet and 100% fibo could be the last and then away from resistance on the way down, look for the same pattern, a,b,c, then d is your target........... {image}Ignored
Disliked{quote} morning chonchy, in EW terms there are 5 price patterns: motive (trending): impulse & diagonal => internally these have 5 subwaves corrective: triangle, zigzag and a flat (skew zigzag) => internally, the traingle has 5 overlapping subwaves; zigzag and flat have 3 internal subwaves Looking at the chart I think the move from the high to below $600 was a flat (3 subwaves). I would label that wave 'A'. Which means this move up from the lows is wave 'B'. But up from the low we have 5 waves - which don't overlap - so it's not a triangle. So that...Ignored
DislikedHeavy Sell-off in progress - BTCUSD dropped away from $1000 like something heavy - busted through $950 and sell orders piling up below. Panic selling most likely with some "buy on the dip" buyers stepping in front of the freight train bound south. No idea what caused this, altho uncertainty was evident above $1000. We're going to buying pastures down belowIgnored
DislikedBTCUSD EW analysis Judging from media coverage, positive sentiment and public acceptance seems to imply that Bitcoin should sky-rocket right now. However, the fundamentals are murky, since there are a lot of regulatory statements being made at national level (China, Switzerland and Korea in the past week) as well as some contention being created by JPMorgan in particular who has filed patent for a "Bitcoin Killer" [their emphasis, not mine]. Beyond all that is the price chart itself which can tell us the truth if we decypher it correctly! BTCUSD...Ignored
DislikedHeavy Sell-off in progress - BTCUSD dropped away from $1000 like something heavy - busted through $950 and sell orders piling up below. Panic selling most likely with some "buy on the dip" buyers stepping in front of the freight train bound south. No idea what caused this, altho uncertainty was evident above $1000. We're going to buying pastures down belowIgnored
Disliked..........A better view ......congruence of events, red ema 100 and lower trend line= bounce up, just to get power to continue you know... {image}Ignored
Dislikednot sure, but i think what's going on is that the market wants to buy in lower so people don't mind to sell - as long as they feel there is a downtrend. Surely they don't want to buy in near the psych level of 1000, so when PA did not advance beyond 1000 earlier today, people took the opportunity to sell - willing sellers - as low as it will go. That is certainly my attitude. Anyone else? the implication is that taking opportunistic longs at these levels is risky because the market wants lower prices. I'm going to let this downtrend run it's course...Ignored
Disliked{quote} nice chart, chonchy, i think it's quite clear there: support around the low 800s and a bounce...Ignored
Disliked{quote} .......for me BTC-e......, thank you for your donations.......... just kidding.....Ignored
Disliked{quote} I opened up account there but i'm in the usa how do i fund account? I'm looking at putting 1k or 2k into it.. And you can trade off mt4 platform?Ignored