JohnnyFlash wrote: » Wasn’t this a site you dismissed only 20 minutes ago? It’s my understanding that this is a widely respected tech website, with articles written in a slight tongue in cheek style. It also would appear to allow differing opinions - always a good sign..... Probably more FUD, but the ECB today launched this: https://www.ecb.europa.eu/paym/target/tips/html/index.en.html It enables payment service providers to offer fund transfers to their customers in real time and around the clock, every day of the year. This means that thanks to TIPS, individuals and firms can transfer money between each other within seconds, irrespective of the opening hours of their local bank. It costs .2 of a cent per transaction and takes less than 10 seconds for the end to end process. It doesn’t use blockchain.
JJJJNR wrote: » inverse head and shoulders pattern has just completed with an uptrend. I think it's a good sign.
JJJJNR wrote: » So another h&s pattern has formed on bitcoin, this time bigger than before. Buy signal usually but don't take my word on it.
JJJJNR wrote: » Possible 800 euro made this week if you knew what you were doing not a bad week for crypto.
JJJJNR wrote: » 3100 was an outlier, so that's the bottom tested, would that be tested again is a good question.
smacl wrote: » I'm following ETH primarily and over the last few months have seen plateaus followed by drops and new lower plateaus. No idea whether this pattern will persist or not but I'm going to wait and see rather than taking a punt. I suspect ETH will get its POS issues sorted, rise sharply when this happens and will still be around in five years time. I am planning on buying again, but amn't in any big hurry.
Deleted User wrote: » Yeah, definitely...buy..
JJJJNR wrote: » Does anyone on here have any actual real investing experience, not trying to put anyone down just get an answer, there's a third upward trend h&s forming, if it completes could it mean three white soldiers, according to my own research it does. Would that mean a bull return to 190 - 180 on eth.
JJJJNR wrote: » Well normal analysis can, but that's without a whale dumping a sh*t load of coin.
sexmag wrote: » I'd like to see these analysis's that have made correct predictions of bull runs. Can you link to then please?
JJJJNR wrote: » https://www.investopedia.com/terms/t/three_white_soldiers.asp
TheAnalyst_ wrote: » You have no idea what will happen or even why anything has happened to date. Like trying to find patterns in clouds. PS- I do have some real investing experience. I've put fairly large sums in a standard index fund, some property and a pension fund. I've been lucky and done fairly well out of it so far.
JJJJNR wrote: » Ok so my theory is if the current h&s trend on eth closes out above 109(euro) that it is entering a bull run, if I buy one eth at my estimated entry point of 90 - 94 euro I'll have enough profit for a pizza at least by new years.
TheAnalyst_ wrote: » Markets are defined by algorithms now so you can forget about all of that stuff.
smacl wrote: » If markets were defined solely by algorithms, they could be predicted by algorithms. I'm not convinced this is the case, as while there is a lot of bot based trading I suspect these bots are frequently being tweaked and overridden by people.
TheAnalyst_ wrote: » Obviously yes.https://www.bloomberg.com/news/articles/2017-06-15/it-s-a-quant-s-stock-market-as-computer-programs-keep-on-buying Monitoring candles is a fools game.
JJJJNR wrote: » eth hitting 93 euros... only issue with that is the price didn't hit over 109, I'm still predicting pizza in new years.
JJJJNR wrote: » Super delux family size double pepperoni from platform.
Deleted User wrote: » .2 eth.. So anywhere between a fiver and forty quid..