You're right, KO, but a little bit righter than I... This entire corrective structure around 450 seems to be a large ABC, so we may only be half-way to a primary target nearer 400 and then a proper correction upwards. It may very well turn out that ...

Bitcoin technical analysis

BTC-e $450 might give way, but this 1M chart shows the indicators are diverged to the point of silly... but at the same time they will overextend to the upside very quickly... Whatever the count right now, this is a good start to the end of the end ...

Bitcoin technical analysis

downside action is losing momentum, so a bounce should be in order to reset the indicators... but bounce to where? Probably 470 or 475? image

Bitcoin technical analysis

Hmm, i see there is a daily s3 pivot at 448 on BTC-e.... not good for our challenge! ok, so this time you win, maybe!

Bitcoin technical analysis

hi all, it does look changable - like it could go either way from here - doesn't it?

Bitcoin technical analysis

allright then, have it your way... you dare challenge my kung fu? ... let's see if 455 or 448 is the reversal

Bitcoin technical analysis

The alligator's snout... usually precedes a systematic increase in momentum to the downside, it may curve up some more over the coming hours or days, but whichever time it decides to drop, I have 455 as the initial target image

Bitcoin technical analysis

The writer, Pat Delany, is an Irishman so he speaks from experience...

Bitcoin technical analysis

emptymind, it's probably best to ignore those spikes that do not show in all exchange charts. I posted one chart where I counted that BTC-e spike 102 for the sake of an article i publised - where if I didn't count it, then readers would jump on the ...

Bitcoin technical analysis

Hey! it's forexalien! Great to see you here my friend We believe were at an important juncture here. Either Bitcoin is busy consolidating for a larger move up or there is the chance of one more wave (E) down before the next legendary rally. ...

Bitcoin technical analysis

hi lady_luck! I just read this with great enthusiasm, but it seems we're already dealing with FXOpen via our BTC-e MetaTrader4 accounts... i delved a bit deeper and this came up: url

Bitcoin technical analysis

i thought you'd say that

Bitcoin technical analysis

emptymind, what you're looking for is logarithmic scale on the y-axis. if you open a Bitstamp chart at url then in the bottom right-hand corner just above the blue 'publish idea' button - click on 'log' and the y-axis will be scaled with higher ...

Bitcoin technical analysis

that is a very interesting pattern....

Bitcoin technical analysis

This looks very cool - and I'm always partial to Johnny Depp, savvy?

Bitcoin technical analysis

gjgjg, Thanks for sharing your experience. I haven't received my key yet. Do they offer leverage on one's account? If they do, i might consider it, but i tend to avoid services who want to know too much, because they are targeted by the feds and ...

Bitcoin technical analysis

Exactly, gotta spread those Bitcoins around - decentralize is the name of the game. In fact, after parasites DDoSed my ear, I want to look into decentralizing my brain...

Bitcoin technical analysis

a wise caution, but i'm considering the fact that Bitstamp price is breaking down through almost every uptrend line. Now it has breached the 200 MA on this Hourly chart. Together with the indicators implying more downside is due, I took this as a ...

Bitcoin technical analysis

Sudden moves down - i'm checking the news for catalysts, but nothing specific yet - maybe just a switch to bearish for technical reasons. Your downside target of 412 makes sense because it lies smack bang on the 0.618 retracement of the whole move ...

Bitcoin technical analysis

people, that's it for me today. I'm unwell and need to recuperate.

Bitcoin technical analysis