Quote from: rpietila on April 02, 2014, 08:18:43 PM

Quote from: rpietila on April 02, 2014, 08:38:58 AM

Quick TA update:
- 6H candle color/volume: one green with high volume, awaiting for more which confirms the bottom of March 31, conclusion: hopeful
- Bid/ask strengh at market: slippage to sell 5k: $32, slippage to buy: $98, conclusion: explosive upside potential
- Trendline comparison: we are now at -0.291 log units. The trendline is at $932 and rising $7 per day, conclusion: rock bottom
- Sentiment: last week was quite extreme in fear, fud and bearishness, conclusion: supports that the bottom is behind us, deceitful
- Prognosis: intact from yesterday

Quick TA update:
- 6H candle color/volume: one huge red has nullified the positive effect of previous green (what a heck), conclusion: can go either way, esp. down
- Bid/ask strengh at market: slippage to sell 5k: $38, slippage to buy: $58, conclusion: selling pressure has built up
- Trendline comparison: we are now at -0.328 log units. The trendline is at $932 and rising $7 per day, conclusion: rock bottom
- Sentiment: unchanged, conclusion: unchanged
- Prognosis: 400 is the critical level, if it holds, upside is sure - if it falls, there may be a flash crash to lower levels

awesome rpietila, much respect. I said the same thing in relation to your prognosis days ago in my Cosmopolis thread, but was only laughed at by trolls

There is about $5 Million between $400 and $200 (approx) they could be pulled out and the price is allowed to plunge/flash crash