*SynergyX*
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Anyone manage to get their $1000 btc? I seem to have missed it
is almost got a $10000 one if that counts
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Bitcoin Thread
- Thread starter Dan C
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is almost got a $10000 one if that counts
Dan C
Honorary Master
Anyone manage to get their $1000 btc? I seem to have missed it
Damn , just realised it was May already
HahahhahaAnyone manage to get their $1000 btc? I seem to have missed it
seems i did too
SaiyanZ
Executive Member
Yeah RSI went up but the price hardly moved. People are buying at $9000 hoping for another run up to $9300. Looks like it found a little support there though there is a bear flag and ascending wedge. I think more down soon with bear flag target of about $8600k.
Edit: Also bearish divergence. Everything points down in the short term.
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*SynergyX*
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btc at this moment ... hold the door, hold the door........ho the door......HODOR!!!
*SynergyX*
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Yeah RSI went up but the price hardly moved. People are buying at $9000 hoping for another run up to $9300. Looks like it found a little support there though there is a bear flag and ascending wedge. I think more down soon with bear flag target of about $8600k.
Edit: Also bearish divergence. Everything points down in the short term.
look like a break on that flag
SaiyanZ
Executive Member
Yeah half way there. It also pinged that line coming down across a couple times before falling hard after it broke through. RSI oversold now so should go up and bounce back down from that line at just over $8900.
*SynergyX*
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Yeah half way there. It also pinged that line coming down across a couple times before falling hard after it broke through. RSI oversold now so should go up and bounce back down from that line at just over $8900.
this could be the bottom for now... lots of buying in 8800-8900 range
/but i see massive bearish divergence too
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SaiyanZ
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Yeah seems like a small breakout but not enough volume. Could turn into a small bear flag. Zoomed in:
*SynergyX*
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geezz will it just give up already and get the retrace over with already!!! its fighting sooo hard
SaiyanZ
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Was wondering why the Luno price is so stable for a few days now. Look at the the Rand... R12.65 to the Dollar. Moving in the opposite direction of BTC.
*SynergyX*
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extra long weekend and thin trade - should come back closer to 12.
SaiyanZ
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It makes buying on Luno a big risk now. Rand about to correct as well as potential for BTCUSD to drop further.
Edit: Situation looks similar to yesterday morning. Smaller bear flag looks complete. Think we will only go to $8750 based on this new flag.
Bigger descending wedge fits in with the bear flag.
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*SynergyX*
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It makes buying on Luno a big risk now. Rand about to correct as well as potential for BTCUSD to drop further.
Edit: Situation looks similar to yesterday morning. Smaller bear flag looks complete. Think we will only go to $8750 based on this new flag.
Bigger descending wedge fits in with the bear flag.
they so perfectly repeating...beautiful bots and algos at the wheel!!!
(just becareful of the market makers wanting to stop run)
$5020
*SynergyX*
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SaiyanZ
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You've gotten really good with your pics and TAs
Practice makes perfect.
Seems like it's still roughly in that mini bear flag channel. It just got extended for about 2 hours longer than I thought. Can still dump from here.
SaiyanZ
Executive Member
It skipped the drop and just went straight to the resistance point. RSI overbought as well. Make or break here to try and break out and start a new trend.
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