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Forum ยป MISC Crypto Crew (MCC) Vol XI: The sun is rising, proceed with caution.
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Thread: MISC Crypto Crew (MCC) Vol XI: The sun is rising, proceed with caution.

post 1561522901 09-17-2018, 06:41 PM
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#8551
  1. Hamzzza
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  1. Hamzzza
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[QUOTE=curtainbrah post_id=1561459881]divergences use candle closes not wicks, there is no divergence there[/QUOTE][QUOTE=BDSMBBW post_id=1561460381]Disagree. From baby pips cheat sheet.

[img]https://bpcdn.co/images/2016/05/grade11-hidden-bullish-divergenceg][/QUOTE]I'd agree with this one, especially if you use candle close as your input on your indicator (and that's the standard for RSI and most others)
post 1561527631 09-17-2018, 07:48 PM
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#8552
  1. johnnyboi123
  2. 14/F/Cali
  1. johnnyboi123
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fuark fellas, losing value in fiat but accumulating more ****coins and ETh by day trading little at a time. Hopefully, some day if/when the market turns around, it'll mean something.
post 1561534101 09-17-2018, 09:16 PM
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#8553
  1. Deezenutz
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  1. Deezenutz
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Originally Posted By johnnyboi123⏩
fuark fellas, losing value in fiat but accumulating more ****coins and ETh by day trading little at a time. Hopefully, some day if/when the market turns around, it'll mean something.
Tmrl, can't tell if feelsgoodorbadman


Brahs that are saying btc dropping below 6k, are you sure? On the one year chart there seems to be pretty strong support around this area
There and back again twice, a deep red's tale.
post 1561535601 09-17-2018, 09:39 PM
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#8554
  1. BDSMBBW
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Originally Posted By Hamzzza⏩
I'd agree with this one, especially if you use candle close as your input on your indicator (and that's the standard for RSI and most others)
So this is the correct way to draw trend line for divergences?

post 1561536991 09-17-2018, 10:03 PM
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#8555
  1. RespectYourself
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  1. RespectYourself
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Just look at these fkn clowns:

https://mashable.com/article/blockch.../#rvwieuW78Zqu
The cruise ship wasn't big enough for the both of them.

On September 10, somewhere in the Mediterranean, two well-known rivals in the cryptocurrency space stood awkwardly poolside. A crowd, sporting a mix of cryptocurrency-themed t-shirts and bikinis, lounged nearby on the ship's upper deck. One man, sweatpants sloshing in the water, steadied a tripod. The Bitcoin versus Bitcoin Cash debate was about to begin.

It only took 37 seconds to spiral out of control

The CoinsBank Blockchain Cruise, chartered to take cryptocurrency die-hards from Barcelona, to Monaco, to Ibiza, and then back, was in its fourth day, and a highly billed event had managed to drag a few likely hung over attendees out from their below-deck cabins. Jimmy Song, a venture partner at Blockchain Capital LLC, was to argue the relative merits of Bitcoin (BTC). Early Bitcoin adoptee and Bitcoin Cash evangelist, Rover Ver, was to speak on behalf of Bitcoin Cash (BCH).
Time flies like an arrow; Fruit flies like a banana.
post 1561541041 09-17-2018, 11:26 PM
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#8556
  1. Mythenthefang
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Originally Posted By RespectYourself⏩
Just look at these fkn clowns:

https://mashable.com/article/blockch.../#rvwieuW78Zqu
cringe

luckily bitcoin doesn't need a leader, it works anyway

and bcash can go die in a fire like the chitcoin it is
Natty poverty maintenance crew

Actual economist crew

Austrian school crew
post 1561543021 09-18-2018, 12:14 AM
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#8557
  1. lordpatrick
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Originally Posted By BDSMBBW⏩
So this is the correct way to draw trend line for divergences?

Yes, it goes up but the buying get weaker and weaker. If you look at the past, the divergence almost ALWAYS works
post 1561543731 09-18-2018, 12:40 AM
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#8558
  1. Mythenthefang
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  1. Mythenthefang
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The ETH bear market dragged OMG down so low jeebus

Tempted

Also any bros still sleeping on ELA ... WYD
Natty poverty maintenance crew

Actual economist crew

Austrian school crew
post 1561547251 09-18-2018, 03:14 AM
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#8559
  1. BDSMBBW
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Originally Posted By lordpatrick⏩
Yes, it goes up but the buying get weaker and weaker. If you look at the past, the divergence almost ALWAYS works
Ah got it! Thanks! Well im pretty bearish now. Im hoping we can get some weak bounce at 5800!
post 1561547661 09-18-2018, 03:29 AM
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#8560
  1. DSTEE
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  1. DSTEE
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Still some way to go bois







10 moths later
post 1561550331 09-18-2018, 05:25 AM
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#8561
  1. Trapstar4.4
  2. I am Bomani Jr.
  1. Trapstar4.4
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Originally Posted By Mythenthefang⏩
The ETH bear market dragged OMG down so low jeebus

Tempted

Also any bros still sleeping on ELA ... WYD
Damn it might drop below 7. I need to find more fiat

Actually tempted to let my btc holding to get more. Ot Ups my risk but I think it's worth it. Elastos had a night future. That beautiful supply
***Gender Non-Committed***
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Falcons - Hawks - Braves
I make typos.
post 1561550941 09-18-2018, 05:46 AM
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#8562
  1. BDSMBBW
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Guys yet another quick question.



This was the regular bullish divergence that formed on 6th sep - 8th september. This was a bullish reversal signal..So the reversal was just the movement from 6.1 k - 6.6k? Do reversal divergences show up on such a small reversals?
post 1561553901 09-18-2018, 06:45 AM
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#8563
  1. luckynrslevin
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  1. luckynrslevin
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wake up guys we bull now
post 1561554071 09-18-2018, 06:49 AM
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#8564
  1. HeBrewHammah
  2. HERB-brew
  1. HeBrewHammah
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I got short term up to 6600-6800 area.
*US Navy Vet*
post 1561554401 09-18-2018, 06:54 AM
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#8565
  1. gixxer0.6g
  2. Maximum Effort
  1. gixxer0.6g
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Originally Posted By HeBrewHammah⏩
I got short term up to 6600-6800 area.
I hope so but I'll believe when I see it. Buying power gets weaker and weaker each week
Toxic Masculinity
post 1561554681 09-18-2018, 06:58 AM
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#8566
  1. HeBrewHammah
  2. HERB-brew
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Originally Posted By gixxer0.6g⏩
I hope so but I'll believe when I see it. Buying power gets weaker and weaker each week
Oh don't worry, I think it will come back down again as well. lol
*US Navy Vet*
post 1561559081 09-18-2018, 07:56 AM
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#8567
  1. Trapstar4.4
  2. I am Bomani Jr.
  1. Trapstar4.4
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damn auto correct absolutely fcked my last post

anyway, nice pump. lets go ahead and move up before the delayed ETF annoucement. soon im either going to consolidate some alts in to BTC, or move into cash. brace for impact then jump right back in
***Gender Non-Committed***
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Falcons - Hawks - Braves
I make typos.
post 1561559531 09-18-2018, 08:04 AM
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#8568
  1. gixxer0.6g
  2. Maximum Effort
  1. gixxer0.6g
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Nano, I see you. Now go run free and make gixxer some money. J/k. Trading alts in a bear market is suicide. But I've been watching you and impressed this last month
Toxic Masculinity
post 1561559771 09-18-2018, 08:07 AM
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#8569
  1. HeBrewHammah
  2. HERB-brew
  1. HeBrewHammah
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Originally Posted By Trapstar4.4⏩
damn auto correct absolutely fcked my last post

anyway, nice pump. lets go ahead and move up before the delayed ETF annoucement. soon im either going to consolidate some alts in to BTC, or move into cash. brace for impact then jump right back in
When is it exactly?
*US Navy Vet*
post 1561563521 09-18-2018, 09:00 AM
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#8570
  1. Trapstar4.4
  2. I am Bomani Jr.
  1. Trapstar4.4
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Originally Posted By HeBrewHammah⏩
When is it exactly?
deadline is 9/30 which is a Sunday.
But they have been dropping the verdicts at least a week earlier. It will def come down some time next week. If not the end of this week.

The good news is that after this rejection ETF talk can go into the background until next year. I'm tired of the constant disruption. See if we can get a run to end the year in route for positive ETF news in February
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Falcons - Hawks - Braves
I make typos.
post 1561569441 09-18-2018, 10:15 AM
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#8571
  1. HeBrewHammah
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  1. HeBrewHammah
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Originally Posted By Trapstar4.4⏩
deadline is 9/30 which is a Sunday.
But they have been dropping the verdicts at least a week earlier. It will def come down some time next week. If not the end of this week.

The good news is that after this rejection ETF talk can go into the background until next year. I'm tired of the constant disruption. See if we can get a run to end the year in route for positive ETF news in February
I see. I think I read the Winkleho's were going at it again too. lmao

edit: Buy orders are getting bigger, makes me wonder...
*US Navy Vet*
post 1561569811 09-18-2018, 10:19 AM
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#8572
  1. Silencespeaks
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Post deleted by user
post 1561570881 09-18-2018, 10:35 AM
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#8573
  1. gixxer0.6g
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Originally Posted By Silencespeaks⏩
Do you mean that it will get delayed or that it will get rejected?
There isn't a hookers chance in heaven it getting approved. Especially with all the bitmex ****ery lately.


I think 6400 is as good as we're going to get short term. I've got an underwater long I'm trying to get rid of. I'll start selling if we make another run at 6400.
Toxic Masculinity
post 1561572891 09-18-2018, 10:58 AM
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#8574
  1. HeBrewHammah
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Originally Posted By gixxer0.6g⏩
There isn't a hookers chance in heaven it getting approved. Especially with all the bitmex ****ery lately.


I think 6400 is as good as we're going to get short term. I've got an underwater long I'm trying to get rid of. I'll start selling if we make another run at 6400.
I was expecting way more than a whole 100 bucks or so......lol

I do enjoy that BTC/ETH are back on the same page again though, makes it easier to sort out what's going on. Problem now is, if BTC drops....which Is great for us buyer types.


edit: I'm going to say we've not bottomed on Ethereum yet. idgaf what anyone says either. lol ETH rose and crashed about 3-4 times before the ATH run, each time, there were double drops back to back in the bottom formation. One.more.drop.
*US Navy Vet*
post 1561583361 09-18-2018, 01:18 PM
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#8575
  1. gixxer0.6g
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Why will price almost always retest the low/high? It's great for catching the bottom and selling the top but I'm just wondering if it's human psychology or just tricks whales play to get a better entry.


ALso, BTC you are a weak kunt. Die
Toxic Masculinity
post 1561583661 09-18-2018, 01:22 PM
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#8576
  1. jamalfudge
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Originally Posted By gixxer0.6g⏩
Why will price almost always retest the low/high? It's great for catching the bottom and selling the top but I'm just wondering if it's human psychology or just tricks whales play to get a better entry.
All of the above, plus bots.
#
post 1561587951 09-18-2018, 02:19 PM
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#8577
  1. Trapstar4.4
  2. I am Bomani Jr.
  1. Trapstar4.4
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Originally Posted By gixxer0.6g⏩
There isn't a hookers chance in heaven it getting approved. Especially with all the bitmex ****ery lately.


I think 6400 is as good as we're going to get short term. I've got an underwater long I'm trying to get rid of. I'll start selling if we make another run at 6400.
yeah i would be insanely shocked if it got approved. somebody mentioned that it might get approved becasue the new SEC guy is fond of crypto. my thing with that it's even more reason to delay it given the fact that he is new. you dont come into a position making monster decisions willy nilly.
im sure they are happy to get extra time until february to make the call.

until then we get to see what the market will do to end the year.
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I make typos.
post 1561616751 09-18-2018, 08:56 PM
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#8578
  1. johnnyboi123
  2. 14/F/Cali
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remember when this thread used to get hundreds of replies in a few hours.

crypto is dead. Long live crypto.
post 1561617391 09-18-2018, 09:04 PM
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#8579
  1. mrc19888
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Originally Posted By johnnyboi123⏩
remember when this thread used to get hundreds of replies in an hour.

crypto is dead. Long live crypto.
I've legitimately never had an easier time making money in crypto. The crazy price swings before got me so caught up in FOMOing into steep green candlesticks. And selling after a 5% loss in a day only to see it reach a baseline the next day and to buy even higher. It's literally a fuking joke how easy it is to make a few steady bucks here and there. And I mean like taco, milk, or beer money. I always wondered why I would chase trends when that's what 99% of investors do. It's quite simple really. When There's an absolute nosedive going on... sit on your hands. At the first sign of re strengthening try to scalp a half a percent and gtfo. Miss a 10% day and only got 1% who the fuk cares. You'll never catch one of those beautiful green dildos EVER but you'll never catch one of those entire red ones either. It's far easier in this market to catch a big red one that it is a green one. Makes sense to take what little you can and wait on it.
I woke up this morning still breathing. Might as well take advantage of it.


Working every day to be just a little stronger, healthier, or smarter than yesterday.
post 1561617571 09-18-2018, 09:06 PM
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#8580
  1. johnnyboi123
  2. 14/F/Cali
  1. johnnyboi123
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Originally Posted By mrc19888⏩
I've legitimately never had an easier time making money in crypto. The crazy price swings before got me so caught up in FOMOing into steep green candlesticks. And selling after a 5% loss in a day only to see it reach a baseline the next day and to buy even higher. It's literally a fuking joke how easy it is to make a few steady bucks here and there. And I mean like taco, milk, or beer money. I always wondered why I would chase trends when that's what 99% of investors do. It's quite simple really. When There's an absolute nosedive going on... sit on your hands. At the first sign of re strengthening try to scalp a half a percent and gtfo. Miss a 10% day and only got 1% who the fuk cares. You'll never catch one of those beautiful green dildos EVER but you'll never catch one of those entire red ones either. It's far easier in this market to catch a big red one that it is a green one. Makes sense to take what little you can and wait on it.
true, but the days of HODLing and making crazy gains are over...for now.
I've been day trading on coinbase pro, zero fees, it's not hard to make a few bucks with predictable ups and downs of the market.
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