Quote from: fewcoins on October 14, 2014, 05:01:55 PM

Quote from: Lucano on October 14, 2014, 09:47:41 AM

Good Morning Bitcoiners,

The price manage to reach $417,99 and it seems like the retracement in the 3 day chart has been deny in more than 90% thanks to the buyers momentum.
We have over extended trends right now and those up trends can turn into retracement at any time. A correction on the price will be healthy for the buyers in case we want to see the price reaching $452,00.

Here is the analysis for today's market.

http://youtu.be/dp3374UBkZI

These higher lows you are referring too are only in the short term... Unless we get near $450 soon we are still at a lower high than last month & that is the current trend! Lower and lower highs month after month. Unless we break that, I don't see strength here! I just see the same wildly fluctuating bitcoin market as it has always been!!

Lower high's (down trend) Higher Low's (Up trend).
However, opportunities come and go and as long as the fluctuation and the patterns that the market brings daily matches my trading plan then I might have opportunities to generate profits.