Quote from: MAbtc on December 13, 2013, 11:03:44 PM

Quote from: Brisance on December 13, 2013, 11:00:01 PM

Quote from: notme on December 13, 2013, 10:53:19 PM

Quote from: Brisance on December 13, 2013, 09:24:33 PM

Quote from: notme on December 13, 2013, 09:20:40 PM

Quote from: Brisance on December 13, 2013, 09:16:54 PM

Now Look At This:

http://bitcoincharts.com/markets/mtgoxUSD_depth.html

I'm looking, but I don't get it.

What price does the triangle end at? When you go to the link at look at that price what is there?

Are you getting excited about 1k btc at 950?

I day trade so now that the 1k sell order has been pulled you read my mind and I could see him dumping it right there yes. My advice get in now before it's to late and make some $$

Hmmm, hadn't noticed this. You think we bounce at top side of triangle? Or break up?

If I could tell you that I wouldn't be posting here but being massaged on my yacht in the med. What I can tell you is if you look at my previous chart price stays within the confines of this triangle, respects the resistances area albeit without the help of any whales and always retraces after touching.

The million dollar question is what happens when we reach the end? This is why the whale placed the sell order at 920 today because the triangle doesn't end until tomorrow night through to early Sunday.

All the signs are a retrace after we hit resistance but with enough participation and momentum this means nothing we need to wait and see.

Keep in mind plenty of people sold off in front of the whale so perhaps this was his intentions knowing that once we blow past 920 those that sold my want to get back in, which in turn will cause decent momentum or maybe I'm reading it wrong and he will simply dump on us when we reach 950?

Stay nimble and always expect it when you least expect it.