myselfbtc

and we got a July failed hammer ?

MTGOX:BTCUSD   Bitcoin / U.S. Dollar
406 14 0
the month ended but what did look like a perfect happen got destroyed by panic http://en.wikipedia.org/wiki/Hammer_%28candlestick_pattern%29 ...........well done bitcoin well done
RyNinDaCleM
3 years ago
hehe... Hammer...Proper :D
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twotwonaru
3 years ago
v. good observation and "If the body of the Hammer is white, then the situation looks even better for the bulls." :)
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MrJozza
3 years ago
Your funny man. It's the first day of August and you call the hammer a failure? We have a whole month to move up.
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myselfbtc MrJozza
3 years ago
seams you dont look at upper wick
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MrJozza myselfbtc
3 years ago
Is that what that is? I thought it was a smudge on my monitor. Regardless, even if we correct on the first week, we have 3 more weeks to produce a nice green candle for you.
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myselfbtc MrJozza
3 years ago
we can have a rally or not that to be seen, what happen wont change the fact that the hammer was perfect until ppl start to panic and destroy it
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HosseinMansouri
3 years ago
have you even read the page you've mentioned?! :D
long wick and a short wick that's a hammer, the short wick is about 1/5 of long wick here
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myselfbtc HosseinMansouri
3 years ago
you only compare wick's to candle body
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HosseinMansouri myselfbtc
3 years ago
you have to compare wicks and body relative to each other
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myselfbtc HosseinMansouri
3 years ago
where did you read that ? Nison never talks about that
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HosseinMansouri myselfbtc
3 years ago
can you explain why it's not a hammer then?! because it's 1 dollar lower than what it should be?! :D
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myselfbtc HosseinMansouri
3 years ago
is a failed hammer
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HosseinMansouri myselfbtc
3 years ago
no it's not, it has all the properties of a hammer, long wick, small body, none or small wick, no matter what you see in your monitor it's a hammer and the formation doesn't mean anything actually, the meaning is important here, it means retracement has ended and that is all
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HosseinMansouri myselfbtc
3 years ago
this is a hammer man, what is this funny idea!!!
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