If one is in this for the long term trade then these pullbacks are good to buy for short term we could see further dips. I would say to buy the dips for Ripple,Zcash,Bitcoin and Ethereum
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- #5,022
- Jul 18, 2017 4:46pm Jul 18, 2017 4:46pm
- Joined Mar 2006 | Status: Trade the reaction not the news! | 10,359 Posts
- #5,024
- Jul 19, 2017 10:01am Jul 19, 2017 10:01am
- Joined Mar 2006 | Status: Trade the reaction not the news! | 10,359 Posts
- #5,026
- Jul 21, 2017 2:40am Jul 21, 2017 2:40am
- Joined Aug 2013 | Status: Trader | 4,057 Posts
If one is in this for the long term trade then these pullbacks are good to buy for short term we could see further dips. I would say to buy the dips for Ripple,Zcash,Bitcoin and Ethereum
If you see big corrections and pullbacks buy!
- #5,028
- Jul 23, 2017 6:43am Jul 23, 2017 6:43am
- Joined Jun 2015 | Status: Trader | 14,961 Posts
It's a tricky situation...
It rallied nicely to 2830 i think. I don't see crybabies posting Where are you???
But it could be double top....
So I'd wait.
The thieves can well smash it to 1900 - double bottom or 1500 - mid range.
Then buy!!!
Ideas??
It rallied nicely to 2830 i think. I don't see crybabies posting
Where are you???But it could be double top....
So I'd wait.
The thieves can well smash it to 1900 - double bottom or 1500 - mid range.
Then buy!!!
Ideas??
Beware of robber banks (RB), bad advisors.
- #5,029
- Jul 23, 2017 10:06am Jul 23, 2017 10:06am
- Joined Aug 2013 | Status: Trader | 4,057 Posts
It's a tricky situation... It rallied nicely to 2830 i think. I don't see crybabies posting
Very nice rally within 1 week from under $1800 to just over $2800. Roughly 40-50% in gains within 1 week when people were saying to short at 1800 instead of to buy. I still say to buy all pullbacks and dips (or crashes..) They all represent new buying opportunities
{quote}
I still expect some volatility during next 2 - 3 weeks.
- #5,033
- Jul 24, 2017 6:20pm Jul 24, 2017 6:20pm
- Joined Aug 2007 | Status: The Bitcoiner | 20,231 Posts
The Chonchy
- #5,034
- Jul 25, 2017 9:27am Jul 25, 2017 9:27am
- Joined Jun 2011 | Status: Swing trader using Market Cycles | 2,152 Posts
{quote} The long did not trigger. Should be avoided for now. For the long term run, it would be more ok to wait for current correction to finish. Will update this thread as new informations emerge.
Potential head & shoulder ahead, a short could be initiated if the neckline is broken.
Money moves the market, not an indicator.
- #5,035
- Jul 25, 2017 9:29am Jul 25, 2017 9:29am
- Joined Jun 2011 | Status: Swing trader using Market Cycles | 2,152 Posts
Money moves the market, not an indicator.
- #5,036
- Jul 25, 2017 9:56am Jul 25, 2017 9:56am
- Joined Mar 2006 | Status: Trade the reaction not the news! | 10,359 Posts
- #5,037
- Edited 3:06pm Jul 25, 2017 12:52pm | Edited 3:06pm
So here is the deal: SegWit / BIP 141 / BIP 91 - 1st Aug
Long story short (not trying to play on words here): above 80%, success, but below it's a collapse. When? As from 1st Aug. What am I talking here? -> bitcoin chain fork (or not) off course.
BIP 91 has now locked in, but BIP 141 still need to reach 95%. Below 51% chain instability might happen.
The new block concensus BIP 91 needs at least 80% of the network hash power (the miners) to effectively adopt the new consensus. That one holds. Now let's see BIP 141.
More details: https://www.cryptocoinsnews.com/bitc...es-confidence/
Off course don't ommit performing your own due diligence and Google homework....
Where to look? For example here:
https://coin.dance/blocks
Where are we now? Too far from 95%, but also too close to the 1st Aug...
So what is going to happen? We'll, I see potential for a head & shoulders.....see by yourself.
Let's zoom in closer:
Do you see? Sorry for bad quality. Am in a rush.
Potential scenario: (long term D1)
What is a head & shoulder? Something like this:
How to trade it? You'll quickly figure out....I'm sure.
Let's see what happens on 1st Aug and following days.
Feel free to monitor the order book (the wider the price span overview the better) from some exchanges to figure out volumes-direction-levels, and off course watch the movie...
Who knows...?
Long story short (not trying to play on words here): above 80%, success, but below it's a collapse. When? As from 1st Aug. What am I talking here? -> bitcoin chain fork (or not) off course.
BIP 91 has now locked in, but BIP 141 still need to reach 95%. Below 51% chain instability might happen.
The new block concensus BIP 91 needs at least 80% of the network hash power (the miners) to effectively adopt the new consensus. That one holds. Now let's see BIP 141.
More details: https://www.cryptocoinsnews.com/bitc...es-confidence/
Off course don't ommit performing your own due diligence and Google homework....
Where to look? For example here:
https://coin.dance/blocks
Where are we now? Too far from 95%, but also too close to the 1st Aug...
So what is going to happen? We'll, I see potential for a head & shoulders.....see by yourself.
Let's zoom in closer:
Do you see? Sorry for bad quality. Am in a rush.
Potential scenario: (long term D1)
What is a head & shoulder? Something like this:
How to trade it? You'll quickly figure out....I'm sure.
Let's see what happens on 1st Aug and following days.
Feel free to monitor the order book (the wider the price span overview the better) from some exchanges to figure out volumes-direction-levels, and off course watch the movie...
Who knows...?
- #5,038
- Jul 25, 2017 1:02pm Jul 25, 2017 1:02pm
- Joined Mar 2006 | Status: Trade the reaction not the news! | 10,359 Posts
- #5,039
- Jul 25, 2017 2:58pm Jul 25, 2017 2:58pm
https://www.cryptocoinsnews.com/ethe...meback-stalls/
Why buying when a potential discount might be in the cards soon ?
Happy to buy @discounted price. No matter how deep the fall....as long it bounces...
