Quote from: TPTB_need_war on July 15, 2015, 08:13:01 AM

We may get another bounce up for a double-top at $320 ($315 realizable trade)?

By borrowing BTC and selling on bitfinex. The leverage you can get is dependent on how much % over your selling price you want to hold a reserve to prevent a margin call.

I almost did it, but decided I have better upside in what I am working on. So it wasn't worth the risk to me (not only unexpected volatility to the upside, also bitfinex solvency or the market price moving faster than bitfinex can execute margin calls), but in your case depending how desperate you are, it might be worth the risk if we bounce up again before declining.

I am fairly certain we will decline, but I can't be sure we won't see prices above $320 and below $400 before going down. Above $400, I would declare myself incorrect and eat the losses.

Some people said you can trade on bitfinex and even sell for $usd without doing KYC as long as you don't withdraw fiat. I didn't want to risk that, because it appears it is a discretionary policy.

True.

Possible. IMO after 320 we will test 450-475 - this is the last test.. If we break 500$ the train has left for good for new ATH. So maybe we need to visit this price before a possible new bear market to double digits.

Quote from: hodlmybtc on July 14, 2015, 08:09:24 PM

Hey klee, love your charts, it was a bit hard to understand at first but S/R levels seem really good.

Any chance you can post an XMR chart?

Cheers!

Thank you for your kind words!

A lot of people are interested in XMR and so am I, that's why I already do PnF analysis about it (also for XRP, STR, MAID, SJCX, DASH, SDC, NXT & BTS).

But I had to start a whole project because TradingView does not include data from Poloniex & Bittrex.

So I am about to launch a project that will offer PnF charts for alts and also signals & analysis.

It has to be with a subscription though because I pay 2 devs to implement this and a lot of my personal time too.

Long term I will maybe provide a trading bot based on PnF, indexes based on alts, relative strength charts for alts (so you know which alt is rallying or falling harder), bullish percentage indicator for cryptos sector, relative strength charts for btc with other assets (SP500, gold, DAX, ETFs, etc).

Finally I will provide more PnF patterns (see here for an example: http://stockcharts.com/def/servlet/SC.scan , P&F Patterns) for BTC & alts, log and percentage scale charts etc (TV does not provide log scale charts - also some indicators are not displayed correctly and 1box reversal charts are wrong).

If anyone is interested please PM me.