Ninjastic
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Board Speculation
Re: 10/21 EMA has crossed! Weekly MACD set to cross up! Full Moon in 7 days!
by
Tzupy
on 17/06/2014, 11:50:25 UTC
Quote from: oda.krell on June 17, 2014, 11:36:40 AM
Quote from: piramida on June 13, 2014, 06:28:33 AM
Quote from: oda.krell on June 05, 2014, 08:09:10 PM

I know... Silk Road crash. Can't possibly happen again. Once in a lifetime...

Bullshit. News matter, but price has a way to create its own news that matter.


Like I said, I don't expect it, but I wouldn't be shocked either if it happens.

And we have a SilkRoad crash... Again! Smiley SO the dip before the rally - check.

It looks similar enough, but (on-exchange) volume doesn't fit. I personally believe we will see a local peak (that doesn't deserve the word "bubble" though) next month, but the overall theme will be one and a half step back for each two steps forward for a longer time still, imo.

SR crash coincided with the bottom of corrective wave 2. IF we are now in wave 1 (and not still in wave C), then we have first to reach the peak
of wave 1, around 750$ - 800$, then start corrective wave 2, which would take another 1 - 2 months to reach the bottom, so this IS NOT SR crash like.