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#31 CLK

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Posted 12 March 2018 - 10:09 AM

Bitcoin rejected at downtrend line again, another fake rally. Feb. lows are next.



#32 AChartist

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Posted 12 March 2018 - 06:08 PM

cant stand it too much relative strength will buy a couple things averaging to positions

because the LTC will be replaced with the IRA/LLC, really nice looking charts.

 

Bix did a video about the mt gox trustee seller, there will probably be more which is when i

can deploy the IRA money I cant stand waiting a week or so for it but have to be patient buy in some

weakness if we get much.


"marxism-lennonism-communism always fails and never worked, because I know

some of them, and they don't work"  M.Jordan


#33 CLK

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Posted 13 March 2018 - 07:56 AM

After adding some back, I sold about all of it again on the TL failure. I'm not at all interested in spending any

more money for weeks and months. Bitcoin will need to get down to 1,000 or less. The highs may not be

seen again for years so I need to buy in cheap in order to profit. Buying anything now is just a waste of money

as I think 10,000 is the top for a long time. 



#34 CLK

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Posted 14 March 2018 - 05:52 AM

How are people going to feel after a 90% drop from here at 9,000 ?  This is the worst market I've ever invested in.

Worse even than penny stocks. It's going to be so bad they won't want to even hear about bitcoin again. Maybe

there will be a recovery but if you don't have any money to buy later it will do no good. It's different this time because 

people are starting to realize the companies can't deliver on their claims.



#35 CLK

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Posted 14 March 2018 - 03:11 PM

Bitcoin on target to hit $50 in three weeks, seriously. The bull market is over until a full reset, all investors decimated.

 

 



#36 jabat

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Posted 15 March 2018 - 08:43 AM

bitocoin-testing-pennant-pattern-support

 



#37 SemiBizz

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Posted 15 March 2018 - 10:42 AM

Treasury and IRS are just waiting for your 2017 tax returns if you are trading this junk.

 

I already suggested to close any accounts you used for wire-transfers...

 

No reason to make it easy for them.


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#38 AChartist

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Posted 16 March 2018 - 07:35 AM

I will likely sell AION this weekend if its another positive weekend as I like some more funds for PPT.

It turns out the IRA/LLC money will be ready soon I will not chase a rally this week to next weekend but use

it to locate relative strength, my target time to deploy funds is Mar 30 and hold back a little for Apr 13 buy.

 

So google news to ban crypto advertising in June, cant make this stuff up.

 

So if bullish bias but with more confirmation of the roadmap is needed to hold or confirm that bias, this is my cycle look

 

 

should be up day today, another up cycle to 6 days and today's cycle repeats high at 7 days.

This combination should be high at 7 days.

Larger cycle low trough is turning up at 15 days March 31 but there are more low troughing cycles

it may not turn up well until Apr 14 weekend. Maybe extent of price damage is complete in magnitude by the relative scales, and these are

low retests at March 31 and up to Apr 14 that create accumulation volumes, relative strength, less new lows, and bullish divergences.

Previous I had Apr 6 as a turning up day too. So pivots up if bullish bias is right are Mar 30, Apr 6, Apr 13.


Edited by AChartist, 16 March 2018 - 07:35 AM.

"marxism-lennonism-communism always fails and never worked, because I know

some of them, and they don't work"  M.Jordan


#39 AChartist

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Posted 16 March 2018 - 07:40 AM

people are reporting they are calling into IRS for guidance and are not getting any, being told "we dont care".

 

they have no rules or jurisdiction, no law, sec says its security, another Act of 1871 alphabet says its a commodity.

 

it may effect 13,000 whales that removed large sums from coinbase or it may not be relevant yet just 4th ammendment violation surveillance, no "rules"

 

Treasury and IRS are just waiting for your 2017 tax returns if you are trading this junk.

 

I already suggested to close any accounts you used for wire-transfers...

 

No reason to make it easy for them.


"marxism-lennonism-communism always fails and never worked, because I know

some of them, and they don't work"  M.Jordan


#40 AChartist

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Posted 16 March 2018 - 07:59 AM

but for sure call irs yourself cant trust internet rumors


"marxism-lennonism-communism always fails and never worked, because I know

some of them, and they don't work"  M.Jordan