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Bitcoin technical analysis

  • #5,861
  • Dec 12, 2017 8:20pm Dec 12, 2017 8:20pm
Wait and we'll see.

Quoting mister123
{quote} You milked the cow indeed You would be a great cattle farmer
Yes i kind of did...

Still feeling bad for not buying more....

And having lazy useless wife, sucking thousands of my money. Why i hold her, not sell her, is beyond me....

Just a memento from March. Never too late to buy!!! Maybe next month next dip ?

As u see, i shared all my ideas.... too modest as it is!!!!!

The quest inside the picture - what's the bottom green tiny line???
Attached Image (click to enlarge)
Click to Enlarge Name: bitcoin March 17 Not-KPMG.jpg Size: 257 KB
Beware of robber banks (RB), bad advisors.
  • #5,862
  • Dec 12, 2017 8:49pm Dec 12, 2017 8:49pm
Boom!!!
  • #5,863
  • Dec 12, 2017 10:04pm Dec 12, 2017 10:04pm
Quoting GDR3k
{quote} I'm just waiting for it to crash so I can buy actual coins at a silly low price, however it may be a very long wait. There's BTC futures trading now which launched a few days back, a lot of average joe's have put a lot of money into buying bitcoin which have bought at which look like (off standard PA candles) very high. I think a good few people may be in for an upset soon once and if it corrects back down, I emphasize IF. Anything which is making absolute new highs is a very risky sell or even a buy if you're just buying high instead of...
I am taking a beating GBPJPY at the moment, the PPI and CPI looked to support the GBP, but I was wrong.... Even the NZD is whipping it right now. I look forward to a real Brexit breakthrough!
  • #5,864
  • Dec 12, 2017 10:05pm Dec 12, 2017 10:05pm
Vitallica, u r good
  • #5,865
  • Dec 12, 2017 10:36pm Dec 12, 2017 10:36pm
Quoting HockMan
Vitallica, u r good
Doing ok, just getting the new account setup on your recommendation.
  • #5,866
  • Dec 12, 2017 10:40pm Dec 12, 2017 10:40pm
Hope we all can profit from this free market. I am still struggling. all the best
  • #5,867
  • Dec 12, 2017 11:42pm Dec 12, 2017 11:42pm
Even if BTC down there is two supports one is at 13000 and other one is at 10000
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  • #5,868
  • Dec 13, 2017 1:46am Dec 13, 2017 1:46am
For the record: Bitcoin surpasses "Tulip Mania", is now the biggest bubble in World History:

http://www.zerohedge.com/news/2017-1...-world-history

Sixer
  • #5,869
  • Dec 13, 2017 12:38pm Dec 13, 2017 12:38pm
The central banks have given us a stock market that can never crash, and now this. Thank you, dark lords!
  • #5,870
  • Dec 13, 2017 2:43pm Dec 13, 2017 2:43pm
Quoting clemmo17
The central banks have given us a stock market that can never crash, and now this. Thank you, dark lords!
On the plus side if we all realized this sooner (like 2011) we would be swimming in money like Scrooge McDuck, or at least like Roger Ver (checkout the snapshot of the video on CNBC).
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  • #5,871
  • Dec 13, 2017 3:05pm Dec 13, 2017 3:05pm
hi
bitcoin wave
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  • #5,872
  • Dec 13, 2017 5:05pm Dec 13, 2017 5:05pm
oh Ronda a new low even for you
I will get my head around this, but always can be wrong
  • #5,873
  • Dec 13, 2017 5:16pm Dec 13, 2017 5:16pm
Not anything trading related, but one of the brokers I am using is terminating weekend trading of crypto currencies starting this Friday and will also be introducing weekly contracts meaning that all open crypto currency positions will be closed automatically on Friday. I suspect this is going to be a big weekend, not sure if the decision to charge 3x more on financing long positions gives a clue to what they know or if it is just historical reflex.
  • #5,874
  • Dec 13, 2017 10:45pm Dec 13, 2017 10:45pm
Quoting Vitallica
{quote} On the plus side if we all realized this sooner (like 2011) we would be swimming in money like Scrooge McDuck, or at least like Roger Ver (checkout the snapshot of the video on CNBC). {image} {image}
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But till 2015 - 2016 I considered that just a beautiful math and programming.
  • #5,875
  • Dec 13, 2017 10:51pm Dec 13, 2017 10:51pm
Quoting RondaRousey
{quote} Then why don't you sell everything you own to buy bitcoin ? and hold until it reaches your 70000 target? if patience is your edge then sell up now to buy bitcoin! and then use bitcoin to buy a big mac, pay gas, pay electricity, pay to go to the museum, pay entry to the zoo or buy a movie ticket? Put bitcoin where your mouth is. Sell up for bitcoin and live off bitcoin
I keep some money in Bitcoins (and Litecoins, and Monero). Assuming that I have a debit card for Bitcoin funds, I only regret that I did not buy more this spring.
I was waiting for retrace to 1200 .

And yes, I bought two cups of espresso this June. Now they are worth two hundred bucks.
  • #5,876
  • Dec 14, 2017 1:33am Dec 14, 2017 1:33am
Quoting RondaRousey
{quote} Then why don't you sell everything you own to buy bitcoin ? and hold until it reaches your 70000 target? if patience is your edge then sell up now to buy bitcoin! and then use bitcoin to buy a big mac, pay gas, pay electricity, pay to go to the museum, pay entry to the zoo or buy a movie ticket? Put bitcoin where your mouth is. Sell up for bitcoin and live off bitcoin
I did it, at 450$ when china banned bitcoin
  • #5,877
  • Edited 4:47pm Dec 14, 2017 3:52pm | Edited 4:47pm
The BTCUSD spreads from the brokers which are currently at 15,000 and 22,000 are keeping me out of the market for now; but if anyone thinks the spreads are bad, take a look at the deal GS have on the futures:
https://www.bloomberg.com/news/artic...futures-trades

And a piece of believable news (although who really believes the news?), the forex complex has been very flat this year and it was clear there was a retail shift to crypto-currencies. We shall see if the scenario plays out.
https://www.bloomberg.com/news/artic...rge-in-bitcoin
  • #5,878
  • Edited 5:08pm Dec 14, 2017 4:54pm | Edited 5:08pm
Quoting Vitallica
{quote} I am taking a beating GBPJPY at the moment, the PPI and CPI looked to support the GBP, but I was wrong.... Even the NZD is whipping it right now. I look forward to a real Brexit breakthrough!
You will find that overall on the higher TF, 4HR+above, regardless of news etc it will continue on and make patterns, with news it just makes them faster with spikes touching the major buy or sell levels on the higher TF then continue on, then people complain of stop hunting when they get taken out when their stops get hit then the market turns (hint - bloody - hint) when in reality it's all part of the journey it's making, spiking under lows and above highs then moving rapidly in the other direction to start a large move.

Look at the 127% fib level in the image, that bear 4hr candle is a prime target as it's untouched/untested since the move away, notice how the fib level is just under the low of it. That or the 138% level as it lines up just above the close of that large bull candle, or to be more cheeky - the very low of that candle.
Attached Image (click to enlarge)
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  • #5,879
  • Dec 14, 2017 5:23pm Dec 14, 2017 5:23pm
Quoting nimtrader
oh Ronda a new low even for you
hows that cheerleader of yours, Dawit? the one that photo shops his equity charts and always touts his horn on a daily basis to get liked...sad



You came here for the truth and let me unveil it for you
  • #5,880
  • Dec 14, 2017 5:32pm Dec 14, 2017 5:32pm
oh your a member of the hate squad
why does that not surprise
my equity is going up slower than his
but I'm understanding way more than listening to your bile
I will get my head around this, but always can be wrong
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