The Litepresence Report on Cryptocurrency

[presence]

We're back in. New user count 38

 

[bullhammer]

We're back in. New user count 38

Hey LP, I'm back in too!
I don't have any bots, just look at the charts when I can and sold a bunch of my ltc position into the $4.7o area then waited for the drop.......
bought back in at $4.17 during a quick glance on my mobile at work >>all in again<<
I've been too busy trying to close in a big addition before the nasty weather closes in for the winter to do any serious trading but its been good to see the action pick up again eh!
you still need to get me started on your bots one day eh!

hi ho crypto!

 

[djthistle01]

http://www.coinstreetnews.com/2015/11/1652/

Today was a CRAZY day for Bitcoin traders with the price action ending its current parabolic rise at $503 and crashing to $366 and rebounding. Volatility is back and it looks like we can talk more about crypto and bitcoin again.


Today’s chart is a before and after from the members alert after the head and shoulders formation became apparent. Also apparent is that the last day of membership discount is today. Details about membership can be found in the Premium Tab and if you have any more questions please Contact Us.
Bitcoin has certainly entered a bubble phase. With the BTC auction tomorrow it seems likely the price will do a dead cat bounce and then sell off into the weekend. We’ll leave it off with a throwback to how CSN called the bottom and start of the bubble. Thank You for reading us and if you have made good profits from our free work please tip us at: 141kKGEDAumvffyXbhFgSwzb1YjDDh82dh

Top of the move was just a few dollars away from where my yellow line ends. hope some of you bought at 234 if you already had not. The group is still not playing altcoins at the moment. just btc and stocks. and most people left stocks to trade this volatility. when it is jammin' like this just play the 1 & 5min charts with ema crosses, easy money! last day of the lessons group discount is today. i would of course extend it for anyone here. happy bubble!

 

[chowdan]

We're back in. New user count 38

Micro Market entered - Freeware has yet to enter for me. Am curious to see which one pays off better

 

[fatjohn]

Check 2710 on OKCoin and 2570

Something about to give.

 

[fatjohn]

Well its clearly testing the upper line I've drawn now. Bitstamp definitely has some upward momentum already going together with Kraken and others.

I'd say it's going higher again. But holding my finger on all buttons and waiting for the line breaks.

Music please!

 

[fatjohn]

Hmm, a very volumeless launch...

 

[fatjohn]

First narrow bull channel identified:

 

[fatjohn]

Argh, by the gods, the channel was too steep. I had to get out at a small gain.
Now seeing a new channel forming, back in (6 bucks lower) and back in the gains.

I think those fellas at 1broker must hate me today.

 

[FSP-Rebel]

 

[muh_roads]

Be out of position if you must, but be careful shorting here.

Look at what we have created on the 1w so far. It looks like a fractal of the beginning of the Nov 2013 bubble. It did crazy wicking action up to 2800 then came down to 2100 and just went right back up.

 

[presence]

I'd say it's going higher again. But holding my finger on all buttons and waiting for the line breaks.

That's where my gut is too.

Cappacino Grande or Second Measured Move off the Triple Bottom is the question.

moar here:

https://discuss.tradewave.net/t/recent-surge-in-bitcoin/714/2

 

[fatjohn]

Check 2710 on OKCoin and 2570

Something about to give.

I hope I am not too much of a spammer and sometimes I post shit that's wrong but I am just amazed by this one.
I would like to ask a moment of you, go to bitcoinwisdom, get the 1h chart of OKCoin, zoom out as far as you can, connect the tops of the 6th and the 30th of October, zoom back in to see the price action of today and look where the bottom lies.

I swear, it may have missed with only 0.2 yuan and that's perhaps because I didnt have anything more accurate than hour candles.
WTF, whoever is painting this chart is still in control I'd say.

That line is now at 2572.

 

[amonasro]

That's where my gut is too.

My gut is up, too, although shorts are itching to see it go down. The problem there is that once the supply shortage is great enough, the price begins decisively jumping out of the accumulation range and pullbacks are shallow once a little demand enters (China). Shorts end up getting stomped because they've been trained to sell into these kinds of rises all year. They pile into each little decline without any regard for the recent change in character of the price movements, or context of what has been happening for 9 months.

 

[amonasro]

Looking a bit more bearish tonight as supports are breaking and there's not much demand coming in. Out of all long positions and locking in profit from the 12/25 futures.

 

[muh_roads]

https://pbs.twimg.com/media/CTARhL4U8AAOpCT.png:large

 

[XTreat]

I don't read charts and I very rarely do more than just buy and hold, but it's starting to look to me like BTC-->LTC might be a good deal right now.


Thoughts?

 

[kfarnan]

I don't read charts and I very rarely do more than just buy and hold, but it's starting to look to me like BTC-->LTC might be a good deal right now.


Thoughts?

Affirmative..

 

[fatjohn]

Is this the start of a new wave?

Pres, what do you think of btc/ltc?

I have been trying to convince my brother for more than a year to buy some bitcoin, one of his favorite arguments against was what was holding "a shitcoin" (his version of altcoin) back from dethroning bitcoin. So now he wants to buy some litecoin perhaps if price pulls back.

 

[amonasro]

BTC/LTC could be a good play but the chart looks pretty ugly atm. Calling bottoms is tricky in crypto... it usually takes me 2-3 times getting stopped out before I catch it.