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The Swamp

  • #119,801
  • Dec 13, 2024 2:32pm Dec 13, 2024 2:32pm
Quoting gatorinla
{quote} I did plan on holding all my shorts from 0517 earlier.. But got scared when pa couldn't close LC below 0486.. I will do a more local line.. It will be lower {image}
Its about 14 pips closer at 519
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those who can, do. those who cant, talk about those who can
  • #119,802
  • Dec 13, 2024 2:34pm Dec 13, 2024 2:34pm
Quoting LoneTrader1
{quote} {image}
Not north but it may range here, previous week was a doji this week the wick was filled and low taken out, it may go a little higher probably before going up or down.
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  • #119,803
  • Dec 13, 2024 2:45pm Dec 13, 2024 2:45pm
Quoting LoneTrader1
{quote} {image}
Compare to year candles.. This can fall further and faster than most think. It can bounce. Its at a crossroads of large numbers. This candle has 2 weeks to decide.
This current candle is red and under the nearer close.. PA has not closed this low since 2016. So lets see what the next few weeks say.
ATM this red candle will engulf last years green one also. It has a chance to engulf the entire last 2 years worth. It has a chance to engulf all candles after 2003. 21 years worth
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those who can, do. those who cant, talk about those who can
  • #119,804
  • Dec 13, 2024 3:00pm Dec 13, 2024 3:00pm
In closing, the trajectory to 1.0232 can bring a change. That's why I watch it. Its below 1.0445. Its closer to 0.8000
those who can, do. those who cant, talk about those who can
  • #119,805
  • Dec 13, 2024 3:07pm Dec 13, 2024 3:07pm
Quoting gatorinla
In closing, the trajectory to 1.0232 can bring a change. That's why I watch it. Its below 1.0445. Its closer to 0.8000
How does it close?
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those who can, do. those who cant, talk about those who can
  • #119,806
  • Dec 13, 2024 8:15pm Dec 13, 2024 8:15pm
This is just nothing. Its assuming a close with a lower b/o. A year average is 1700 pips. A lower b/o with an average year can bring 0.8xx. Why post this?. Because with 2 weeks till the year ends. It has a chance to break down sustantained. That can bring a 0.87 handle. I will show 1/2 and 1/4
If you think it's bullish. you can just add the other way and the years close. Since it can be support in this area too. But since 2008, its been dropping
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those who can, do. those who cant, talk about those who can
  • #119,807
  • Dec 13, 2024 8:26pm Dec 13, 2024 8:26pm
Quoting gatorinla
This is just nothing. Its assuming a close with a lower b/o. A year average is 1700 pips. A lower b/o with an average year can bring 0.8xx. Why post this?. Because with 2 weeks till the year ends. It has a chance to break down sustantained. That can bring a 0.87 handle. I will show 1/2 and 1/4 If you think it's bullish. you can just add the other way and the years close. Since it can be support in this area too. But since 2008, its been dropping {image}
A 1/2 year average could place pa at the low in 2022. 0.9550 ish
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those who can, do. those who cant, talk about those who can
  • #119,808
  • Dec 13, 2024 8:30pm Dec 13, 2024 8:30pm
Quoting gatorinla
{quote} A 1/2 year average could place pa at the low in 2022. 0.9550 ish {image}
1/4 .986x
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those who can, do. those who cant, talk about those who can
  • #119,809
  • Dec 13, 2024 8:37pm Dec 13, 2024 8:37pm
We dont know if its breaking out until it does. Closing below 0445 can be just one sign it has. That dont mean it will not bounce. But it may give some influence knowledge of a continuing down trend. PA can rise here in a rejection also. A close below gives a drop more of an advantage. Not meeting closes below several of these levels even above 0445 may give a heads up on a rejection bounce.
those who can, do. those who cant, talk about those who can
  • #119,810
  • Dec 13, 2024 9:00pm Dec 13, 2024 9:00pm
On that year trajectory. That equates to about 6.8 pips drops per day average. The angle may look like the 2022 fall. If you think its bullish, the same angle up
This is a month chart
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those who can, do. those who cant, talk about those who can
  • #119,811
  • Dec 13, 2024 9:57pm Dec 13, 2024 9:57pm
Can Bitcoin reach 200K next year. On its current trajectory. It looks possible.
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those who can, do. those who cant, talk about those who can
  • #119,812
  • Edited 10:18pm Dec 13, 2024 10:07pm | Edited 10:18pm
Quoting gatorinla
Can Bitcoin reach 200K next year. On its current trajectory. It looks possible. {image}
Etherim 10k maybe.
There is a double top left its trying to break out from. That trajectory line is not being touched to 10k. PA being above it may give a faster result. A b/o could be violent
That bottom since the double top is round. A round bottom tends to be stronger support.. That can make a stronger b/o North
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those who can, do. those who cant, talk about those who can
  • #119,813
  • Dec 13, 2024 10:34pm Dec 13, 2024 10:34pm
Quoting gatorinla
This is just nothing. Its assuming a close with a lower b/o. A year average is 1700 pips. A lower b/o with an average year can bring 0.8xx. Why post this?. Because with 2 weeks till the year ends. It has a chance to break down sustantained. That can bring a 0.87 handle. I will show 1/2 and 1/4 If you think it's bullish. you can just add the other way and the years close. Since it can be support in this area too. But since 2008, its been dropping {image}
Right bro, Quarterly ,yearly and Fundamentally you are expert in that I do watch your analysis from time to time. I just think if we can get a little better price to short. I do think a sustained break of 1.04 is needed for more downside probably a daily close. Otherwise another bounce near 1.04 is expected. Basic idea is to get better understanding so we could take advantage of the potential opportunities in the market.
  • #119,814
  • Edited 6:23am Dec 14, 2024 6:02am | Edited 6:23am
Quoting gatorinla
On that year trajectory. That equates to about 6.8 pips drops per day average. The angle may look like the 2022 fall. If you think its bullish, the same angle up This is a month chart {image}
When you step back it's not unusual. To see a lot of near 3k moves when pa started near the yellow.

Quoting gatorinla
{quote} When you step back it's not unusual. To see a lot of near 3k moves when pa started near the yellow. {image}
The red line may be the channel lower line
Purple is another. The year close still can point to a drop. In 2 weeks it may indicate more clear. Bounce or drop. Even if its drop. There will be large bounces
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those who can, do. those who cant, talk about those who can
  • #119,815
  • Dec 14, 2024 9:24am Dec 14, 2024 9:24am
Quoting gatorinla
Can Bitcoin reach 200K next year. On its current trajectory. It looks possible. {image}

Where Elon Musk is involved, anything is possible!
I'm out of BC business..it's too expensive.
  • #119,816
  • Dec 15, 2024 4:19pm Dec 15, 2024 4:19pm
Quoting chess king
{quote} Where Elon Musk is involved, anything is possible! I'm out of BC business..it's too expensive.
Where Musk (and others) is involved. We will have oligarch like Russia. Be careful for what people wish for. They may end up getting it. A corrupt form of governing. We are on our way.
those who can, do. those who cant, talk about those who can
  • #119,817
  • Dec 15, 2024 6:59pm Dec 15, 2024 6:59pm
Quoting gatorinla
{quote} Also a possible short 0517 ish.. That's the area below the orange box. The same area as the high earlier. So that can do it. If it can't drop. That area may be available Monday. That line drops about 19 pips a day now.. Monday at this time it would be about 0517. PA may be below 0517 then. Below 0517 can be above 038x. Thats a wide area {image}
I took my chance..
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those who can, do. those who cant, talk about those who can
  • #119,818
  • Dec 15, 2024 7:09pm Dec 15, 2024 7:09pm
24 pips a day drop till year end would hurt my feelings.
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those who can, do. those who cant, talk about those who can
  • #119,819
  • Dec 15, 2024 7:23pm Dec 15, 2024 7:23pm
I need the pull of 0489 to bring pa below 0503 and 0486..
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those who can, do. those who cant, talk about those who can
  • #119,820
  • Dec 15, 2024 7:27pm Dec 15, 2024 7:27pm
Quoting gatorinla
Potřebuji tah 0489, abych dostal pa pod 0503 a 0486.. {image}
first 1.0560-85 then down
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