RationalSpeculator
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Activity: 294
Merit: 250

This bull will try to shake you off. Hold tight!


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September 28, 2013, 01:36:05 AM

Or it could break down... why does everyone keep dismissing this possibility? Every day the required ta levels (Bollinger etc) to do so keeps creeping up (131 now), yet the market depth is failing to follow. In the past 2 months of 140 STILL no market depth has filled in. Its still only 5k to 130 (and trendbreak) and 20k to 120. Total bid depth is now $11.5m whereas 3 months ago at $110 market depth was at $16m! The volume is still low too (8k of today's volume is fake bot error) and ppl keep relentlessly dumping on stamp and btce.

+1 thanks for your good arguments