Quote from: Arv1e on January 03, 2015, 08:55:35 PM

Quote from: Kipsy89 on January 03, 2015, 08:50:52 PM

Quote from: dropt on January 03, 2015, 08:32:39 PM

Quote from: Kipsy89 on January 03, 2015, 08:25:22 PM

I hope it bounces up, too, but don't we need a higher volume for this to be significant? RIght now it only looks like a continuation of the bleeding out that's been going on for quite some time now and that can't be good for anything, this just pushes the price down further, and isn't causing any support to remain valid.

I'm not a "trader" so it's up to you guys. But isn't this when you're supposed to be buying the dip (cheap coins)? People seem real good at selling the tops, but poor as shit at buying the bottoms. Between the farms cashing out and the short-capades going on at all times is it really a surprise that it's continually bleeding out?

Well, a lot of people are really greedy and will never sell at the top, but buying the bottoms is hard because things look dire then, and people start to panic. This is contrarian-investing, but works only when you are totally sure about what you are doing! As soon as emotions get involved, you are screwed!

Please introduce me to someone who knows what they are doing and thus accurately predict the price.. I have read a lot of threads on here and havent come across anyone yet. Cheesnut is excellent at short term predictions using EW but thats only for the short term traders.

I predicted the $450-$680 megapump and timed it perfectly so did others for example.
Same for for the timing of today's sell off and I posted a bunch of other easy trade setups lately.

Not bragging, just saying that it's not rocket science, anyone can do it if they know the right (simple) tools, and that predicting major moves is absolutely possible.

Trading is important IMHO because you can protect yourself from crashes like this. Since you can sometimes time the markets, you can stay in fiat and stay safe watching the price decline. You have all the time in the world to rebuy if you want to.
It would be a way for the perma-bulls to protect themselves...

Quote from: Wandererfromthenorth on May 13, 2014, 03:19:52 AM

this is my take:

Quote from: Wandererfromthenorth on May 20, 2014, 07:09:58 PM

some ask: "why a sudden increase in price"? what's the news?

the reason is simple, and it has nothing to do with news!

Trend reversal was about to happen only if we had these conditions:

-Important breakout points broken and crossings of trend lines
-sudden rise in volume

Do you think it's a coincidence that the huge sudden spike for no apparent reason (no news) happens when two lines that touch several crucial points in the graph meet PERFECTLY for the first time ever? Wink

Quote from: Wandererfromthenorth on November 01, 2014, 12:39:38 PM

Quote from: Wandererfromthenorth on October 29, 2014, 12:21:45 PM

Careful bulls, this thing will crash, support just cracked.

Quote from: Wandererfromthenorth on October 29, 2014, 03:30:05 AM

Quote from: Wandererfromthenorth on November 01, 2014, 12:39:38 PM

Quote from: Wandererfromthenorth on October 29, 2014, 12:21:45 PM

Careful bulls, this thing will crash, support just cracked.

Quote from: Wandererfromthenorth on October 29, 2014, 03:30:05 AM

Quote from: Wandererfromthenorth on December 06, 2014, 02:01:29 PM

It's gonna be either a huge long or a huge short:

Quote from: Wandererfromthenorth on December 09, 2014, 09:42:36 AM

Quote from: Wandererfromthenorth on December 14, 2014, 12:54:39 AM

Last support trend line standing before the void. Only on Chinese exchanges.

I suspect we would have breached that before the Microsoft P&D (as you can see from the chart, we went under the trend line for a few minutes/hours), but the news was good reason enough to stop the dumps and pump a little before returning to the same levels.

Quote from: Wandererfromthenorth on January 03, 2015, 12:27:06 PM

I gave you guys a no-brainer trade setup and told you when the big move was gonna come.
I told you to buy the breakout if we break the big triangle up, short if we break the triangle down.

This could be a ridiculous big move that is gonna take us a lot lower. Why not stay safe?
How many didn't listen? Sad

Timing the BTC markets is easy as fuck Sad

Quote from: Wandererfromthenorth on December 29, 2014, 09:56:15 PM

Next big move should come in a few days (4-6 max)
Wait for volume to confirm a breakout/breakdown.

If big volume confirms a break in either direction, it should be a major move.

Quote from: Wandererfromthenorth on December 29, 2014, 10:00:25 PM

You don't need to guess beforehand. That's the point. You short the breakdown (if we go down) or you long the breakout (if we go up) when we exit the triangle trying to get the best fill. Only if volume confirms it though.