btc-e premium vs spot
Updated
I got the the idea to look at the relation between btc-e premium and spot from Lowstrife so if it works all credit goes to him.
the idea is simple.. looking back from 2015 when btc-e starts to loose premium, bitcoin rallies.
lower pane shows btc-e vs stamp.. 0 line meaning the price of both exchange is same. When above, the price of btc-e is higher than stamp
while anticipating a lot of fake outs and dumps till the real rally if the idea works then we can see 1000 usd at the end of this year.
the idea is simple.. looking back from 2015 when btc-e starts to loose premium, bitcoin rallies.
lower pane shows btc-e vs stamp.. 0 line meaning the price of both exchange is same. When above, the price of btc-e is higher than stamp
while anticipating a lot of fake outs and dumps till the real rally if the idea works then we can see 1000 usd at the end of this year.
Note
hopefully a pump or a real dump in 2-3 days Note
Note
right on time.. guess it is safe to say it broke upTrade active
gotta pump within this week or I'm afraid it will dump violently.Trade active
on trackTrade active
you are hereTrade active
another %10 and the trade will be done for me. target 7500-7600 cny remains
Trade closed: target reached
as far as this chart concerns this trade is done..target reached at 7600 cny. trendline touch and - divs appearing.. I close my long and not going to short it ..
if the daily closes above the blue trend line then it means ath is breached and could bubble.
if it closes below the line and shows more sighs of weakness only then I'll short it..
Note
indicators still have some space for more up so hopefully it breaks up with good momentum and bubbles away :)
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