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Bitcoin technical analysis

  • #5,881
  • Dec 14, 2017 5:48pm Dec 14, 2017 5:48pm
Quoting GDR3k
{quote} 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%...
Thanks for the analysis, I am hanging out in the Dragon Riders forum on this one, it is a bit challenging to surf, but is one of my favourite pairs. Short term long again from 150.70, monitoring closely for the next turning point.

I choose not to trade anything with applied stop losses, I prefer for the brokers not to have visibility on my strategy, especially after my preferred forex broker released an indicator providing insight into retail positioning.
  • #5,882
  • Dec 14, 2017 5:51pm Dec 14, 2017 5:51pm
Quoting RondaRousey
{quote} 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
I like that idiots like you think its photoshoped keeps them away from my thread.I sure don't have time wasting on shit fly like you.

Trades are real everything is real.Reality is you just can't trade like me nor you'll ever get there with your pinhead attitude.
In trading, you have to be defensive and aggressive at the same time
  • #5,883
  • Dec 14, 2017 7:14pm Dec 14, 2017 7:14pm
Quoting Vitallica
{quote} Thanks for the analysis, I am hanging out in the Dragon Riders forum on this one, it is a bit challenging to surf, but is one of my favourite pairs. Short term long again from 150.70, monitoring closely for the next turning point. I choose not to trade anything with applied stop losses, I prefer for the brokers not to have visibility on my strategy, especially after my preferred forex broker released an indicator providing insight into retail positioning.
It's the only pair I trade, along with EURAUD every now and again once a set up happens, but that's a few times a month at most.

Look at the daily chart (daily chart as in the daily candle closes when new york closes - 10pm GMT) for GJ and ask yourself why did it turn at the 153-153.40 area recently? (hint - daily chart, 22/06/2016)
  • #5,884
  • Dec 14, 2017 8:58pm Dec 14, 2017 8:58pm
Quoting GDR3k
{quote} It's the only pair I trade, along with EURAUD every now and again once a set up happens, but that's a few times a month at most. Look at the daily chart (daily chart as in the daily candle closes when new york closes - 10pm GMT) for GJ and ask yourself why did it turn at the 153-153.40 area recently? (hint - daily chart, 22/06/2016)
My view was that it was the 3rd peak in a triple top formation on the daily, with the resistance harking back to the April 2013 PA on the weekly and the support in May/June 2016 on the daily.
  • #5,885
  • Dec 14, 2017 11:25pm Dec 14, 2017 11:25pm
why is eth/usd falling?
  • #5,886
  • Dec 15, 2017 3:00am Dec 15, 2017 3:00am
Quoting nimtrader
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
don't worry about Dawit the Farkwit
no TE
no method that's why its free for all
lots of bad calls both ways
lots of photo shopped graphs with trades that don't match the graphs
He posts so much garbage on a daily basis that you eat it all up.
you two are love birds
The truth is sad for both of you



Quoting MoneyFocus
why is eth/usd falling?
so you can buy more my friend

You came here for the truth and let me unveil it for you
  • #5,887
  • Dec 15, 2017 3:36am Dec 15, 2017 3:36am
Anyone short bitcoin?
  • #5,888
  • Dec 15, 2017 5:40am Dec 15, 2017 5:40am
Quoting HockMan
Anyone short bitcoin?

I want to but not sure if it is time to...

like many said, this is a bubble. bubble burst somewhere over the time

for now, i think it's still better to catch the cryptomaniac trend on pennyless's cryptos
  • #5,889
  • Dec 16, 2017 8:39am Dec 16, 2017 8:39am
bull run not over yet

BTC is making new highs
  • #5,890
  • Dec 16, 2017 9:20am Dec 16, 2017 9:20am
Quoting HockMan
Anyone short bitcoin?
Sure. ;/

Ronda is short ...since about $4500.
She's doing OK

Quoting RondaRousey
{quote} May 9th 2018 for bitcoin 10,000? wow You have neglected the fact that Bitcoin.... that will prevent it from reaching 10k or 125k or 500k.
.....but I think it will crash before it reaches 10k.
Sell bitcoin to buy GOLD-the true money of the world
Beware of robber banks (RB), bad advisors.
  • #5,891
  • Dec 16, 2017 9:27am Dec 16, 2017 9:27am
Quoting Venomousssss
{quote} National governments will not continue to let this go so unregulated. .which is its usefulness. .I think sub 3000 is first target..then 500.
Oh look this guy shorted around 3-4000!!!!

Quoting RondaRousey
{quote} LOL.... gold... revere it.
Bitcoin is struggling to stay over 3000 so how is it going to reach 10,000?.... and for these reasons it will never reach 10,000.
I can't stop laughing.

Bitcoin is 18600 now, having gained 3000 last 3-4 days, after futures started.
Beware of robber banks (RB), bad advisors.
  • #5,892
  • Dec 16, 2017 1:27pm Dec 16, 2017 1:27pm
Quoting Not-KPMG
{quote} Bitcoin is 18600 now, having gained 3000 last 3-4 days, after futures started.
20000 could come very soon , sooner than expected
  • #5,893
  • Dec 16, 2017 2:53pm Dec 16, 2017 2:53pm
Quoting Not-KPMG
{quote} Oh look this guy shorted around 3-4000!!!! {quote} I can't stop laughing. Bitcoin is 18600 now, having gained 3000 last 3-4 days, after futures started.
Congrats for holding BTC to date. It's getting pumped beyond recognition just like your mistress

will you hold when it starts falling over 30%? or disappear when it gets dumped?

Bitcoin's a ponzi, altcoins have the better blockchain technology

You came here for the truth and let me unveil it for you
  • #5,894
  • Dec 16, 2017 3:49pm Dec 16, 2017 3:49pm
Quoting MXT
{quote} 20000 could come very soon , sooner than expected
You mean before Monday

It may hit 25000 around Christmas.

Obviously i was wrong. NO PROFIT TAKING.
Maybe people buy bitcoin as presents??
Beware of robber banks (RB), bad advisors.
  • #5,895
  • Dec 16, 2017 3:51pm Dec 16, 2017 3:51pm
Quoting RondaRousey
{quote} Congrats for holding BTC to date.

It's getting pumped beyond recognition just like your mistress

...Bitcoin's a ponzi, altcoins have the better blockchain technology
Thanks.

No doubt you're experienced in pumping!!! Keep on!!

And yes, i diversified a lot. So much i lose track....well kinda. Got 40+ coins but I'm finishing some.
I publish my ideas regularly for people to profit too.
Beware of robber banks (RB), bad advisors.
  • #5,896
  • Dec 16, 2017 4:33pm Dec 16, 2017 4:33pm
Quoting RondaRousey
{quote} don't worry about Dawit the Farkwit no TE no method that's why its free for all lots of bad calls both ways lots of photo shopped graphs with trades that don't match the graphs He posts so much garbage on a daily basis that you eat it all up. you two are love birds The truth is sad for both of you {quote} so you can buy more my friend
lol no TE either do you
I also notice you've never put up an equity curve
just lots of bile
go on put me on ignore
that way I'll never see you quote me again
ps I wonder if the reason you never post a trading chart is you actually use Davit's method
I will get my head around this, but always can be wrong
  • #5,897
  • Dec 16, 2017 4:49pm Dec 16, 2017 4:49pm
Quoting Not-KPMG
{quote} You mean before Monday
we're already @ 19440

what do ya think ?
  • #5,898
  • Dec 16, 2017 10:13pm Dec 16, 2017 10:13pm
Are u sure bitcoin is 19440? How u trade sat and sun as my broker at pepperstone is closed?
  • #5,899
  • Dec 16, 2017 10:39pm Dec 16, 2017 10:39pm
Quoting HockMan
Are u sure bitcoin is 19440? How u trade sat and sun as my broker at pepperstone is closed?
exchanges trade 7 days a week. crytocurrencies never stop moving.
  • #5,900
  • Dec 16, 2017 10:52pm Dec 16, 2017 10:52pm
So it is 19440 at broker is right. OMG
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