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Capitulation

What's up with our favorite troll coin? ^^Uh uh Tron been in the same area for a while. Doesn't mean we can keep buying at the bottom and sell at the top. Some people have been quite persistant, they knew you'll get rich just by "hodling". How do you get rich thought if no new people ever want to buy something? When the fear truly kicks in it's going to drop faster than a noob that wants to get rich quick account. Weeeeeee down we gow. The fear the panic the nightmares, once the lower level is lost, once Bitcoin gets really low. WHAT DO WE DO WE CAN'T STOP THE SELLING. CALL THE GOVERNMENT. THE EXCHANGES ARE OVERLOADED I CAN'T LOG IN BINANCE I HAVE TO SELL. ^^ RIP :p Clown crap's not worth more than 1 cent, I wouldn't touch it with a 8 foot pole above that. I'd rather miss out 1000 times on a rally than touch it. +++ I am not a financial advisor (good luck finding one in crypto). I only post for trollertainment. Trade at your own risk +++
BINANCE:TRXUSD
by MrRenev
BTC Long Term Analysis: The Lazarus CaseYOU CANT KILL BITCOIN 3/18: $7500 on the weekly chart. i don't see us falling much lower although we might get wicked down there. Then a nice increase on the weekly up to $11.7k, even breaking the strong downtrend line develops from December. At this point, we'll see true capitulation-- as we see bitcoin "die" down to $4k, even wick down to $2600 area. "Be fearful when others are greedy, and greedy when others are fearful". Not certain where the next euphoria will stop, but I'm guessing somewhere close to 35-40k. Best case scenario: We go ahead and hit capitulation at $4k now (instead of pumping to $11.7k) and get this over with. Either way, $4k has got to happen--in fact it's necessary for the next rocket ship ride to Euphorialand.
BITFINEX:BTCUSDLong
by westiron54
2
BTCUSD - Bitcoin likes to dump and run. RSI - MACD bearishBitcoin is nearing a critical point. One of the key elements of this TA is to view the chart on a Logarithmic Scale not Linear. If you right click in the right hand scale and select log scale it will toggle the scale type. The yellow trend line(TL) is taken from a weekly chart. Price has remained faithful to this trend line but many traders still may be looking at price from a different perspective (linear scale) which may explain why price is sluggish and going sideways now. Notice patterns in the past where bitcoin price makes a more violent drop in price and quickly rebounds into a new impulse wave. I don't know if we will get that type of play at this intersection; although RSI and MACD are still showing bearish signals. RSI has yet to cross the "oversold" territory (below 30) and MACD has yet to post a crossover reversal signal. If you are trading these signals you're still waiting for a capitulation in the market and a classic Bitcoin dump and run. At any rate make sure to pay mind to the mid-term counter TL and the long term TL. -Jared
COINBASE:BTCUSDShort
by ActiveCrypto
IOTA - Bear capitulation brings new buying opportunity I am a big fan of IOTA. The expected Head & Should pattern played out perfectly in the end although the market did everything to mislead bulls and bears during the last couple of weeks. I guess we just witnessed the bear capitulation.. Couldn't find any news that justify this sell off but as IOTA had gone up so much a nasty correction was necessary. All my hedges got fully covered below 0.50 and aggressive scale in buy orders were executed between 0.47 and 0.39 !!! Great setup.. very oversold Now is the time to add more IOTA if you haven't done so already.. I have no stops for IOTA at this point which means my whole position is at risk therefore wise money management is necessary (=risk only what you can afford to loose). A bounce towards 0.65 is my minimum expectation. Prices above 0.82 indicated that IOTA is on the way to new highs..
BITFINEX:IOTUSDLong
by MidasTouchConsulting
1
Possible bearish targetsAs the charts begin to turn more bearish, we are forced to look for some sign of a turnaround. The trend, which has been going on for over a year, appears to still be intact. I expect that we will either form a double bottom as we did back in 2011 (I will link to an interesting chart by lowstrife that caught my attention), or we will have one final leg down to the $120-$130 level where we will find the most support. If that doesn't hold, then we could see a flash crash to $86 followed by a very slow crawl upward/sideways for a long time. At the current rate, I'm sad to say it doesn't look like we will see a swift recovery. It may still recovery, but it may take longer than we expect. One thing is clear now: that the China bubble really was a bubble. Now we are in the despair phase and we may hang around here a bit longer before an uptrend can begin in earnest.
BITSTAMP:BTCUSDShort
by MoonTrader
1
Surprise! Time for a rally!I'm now targeting the $265-$280 area. It turns out my descending triangle was actually a bullish descending wedge. I'm now long and watching $190 strong support. It may not be immediately, but somehow, sometime, we are going to reach that $270 area again. Price is bouncing at support as I type this, so I'm thinking this may be it despite the lack of a real V-shape other than the one right before that descending wedge. It's not pretty, but it's there. We also have what I would call climactic volume, so in light of the circumstances, I think it's a safe bet that a long here will pay off. Good show while it lasted. I hope everyone made money. Donate and I will love you till I die: 1KbNCKfxKbAuQtCmonhzeTFEM7JLi6gerP
BITFINEX:BTCUSDLong
by MoonTrader
8
The end (of the bear market) is nigh!As I've said before, we've been in descending wedge consolidation pattern for over a year now. Naturally, things are quite choppy and indecisive toward the end of this consolidation, but the important point is that all available info says we are close to a bullish breakout. Some reasons why are posted on the chart. First of all, the descending wedge, which we are very close to the end of, is bullish. The 3 divers pattern, which is not explicitly shown here, is also bullish. The moons appear to be bullish as well, with the bottoms of the highlighted fractals occurring during a full moon and a possible shortening of the time frame to go along with the tightening range of the descending wedge, as shown by the numbering of the moons. With that said, I can't leave out the possibility of a slow decline toward the end of the wedge that drags out for several more weeks, but it appears that there is far more upside than downside in the market right now, especially with the USD showing signs of topping out. Although more downside is possible, this may be a good time to accumulate a partial long position in anticipation of the breakout and save the rest for reactionary trades. I'm optimistic for the future, so I'll be looking for a place to long in the relatively near future. BTC Donations: 1QFuqhJGMbfubBzkSAm5KeYr3nRLA7HeHL Thanks!
BITFINEX:BTCUSDLong
by MoonTrader
7