Shantee
Short

Am I the only one thinking BTC could / should go down a little?

MTGOX:BTCUSD   Bitcoin / U.S. Dollar
372 8 0
By down i don't mean a huge crash but i believe it could reach and even should be at 125 - 130 in the next couple days / hours ?

I just checked that old chart it looks like i was right finally see !! :)
Many won't agree with me but I i predict the price could come back closer to that big red line you see on top of this chart :) in the next few days (i don't think it 's going to touch it though
Reply
daehbew Shantee
I um... started to doubt that first chart, but... I'm a believer again, so I hope it does go sub-400......... we'll see I guess eh?
Reply
taget #1 reached.. ..now what about 1255$ ^^ ?
Reply
@apower
"I hate to be that guy, but "
no on the contrary ! thanks a lot for making me notice my "mistake" (even though as you say it doesn't really make my graph wrong^^). I'll be more careful next time ^^ gosh , let's say i was tired that day:)
Reply
I hate to be that guy, but isn't your fib retracement backwards? The price touching what should be 0 doesn't matter for retracing a probable decline. The price not being able to break the 8/31 high is important. But you'd only want to set 1.0 to that high if you were trying to project a continuation or new up trend to the 1.61 or 1.28 (or 1.382).
Reply
No the green line is something "different" let's say it's not as important as the red or the blue ones for example . The green line can say things, but we also have to listen to what the other elements are telling us. I am talking about elements based on the chart and of numbers of the present and the past of course not about news, rumors, informations that are written anywhere else and that i never take into considerations.
Reply
And if it returns to the other green line like it did 2.5 time before on the picture? There is a chance it would go up even higher. And then why not higher?
Reply
135-136 strong possibility....IF will go down a little
Reply
United States
United Kingdom
India
España
France
Italia
Polska
Brasil
Россия
Türkiye
Indonesia
Malaysia
日本
한국
Home Stock Screener Forex Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing Priority Support Ideas Published Followers Following Private Messages Chat Sign Out