ALWAYS BET ON BLACK - Update 31WHAT GOES UP MUST COME DOWN AND VICE VERSAThe continued strong move by DRK has sucked the life out of many altcoins and BC has been significantly waken by all of the traders that did not want to miss the rocket to the dark moon.DRK became very attractive and different from the rest with dark-send which allows anonymous transactions in the blockchain.Why are traders forced to cash out of many altcoins to support the rise of another altcoin? This behavior shows we operate in relatively small market with limited capital as a result of the lack of acceptance of this market by the masses.Here is the correlation between DRK rise and BC fall:Click on image to see FULL SIZEThe euphoria of dark-send should be reaching its limit of capital sucking power which will put a brake on a run to the moon. Also we are dealing with open source, so dark-send can be added to other coins like Bitcoin and I suppose BlackCoin too. The me-too syndrome will also catch up with dark-send sobering up some of the traders and putting a cap on the rise of DRK.I expect a strong rebound from BC anytime soon and we have seen some capital returning to BC to support the selling by the last minute traders who think they will reach their dark moon by tomorrow.If we have further selling pressure BC could reach as low as 15K from Fibonacci Extensions but the recent activity shows that selling pressure is diminishing and sellers have not been able to take the price below 18K after 4 attempts.Buy Buy Buy!Buy-Black The following two tabs change content below.BioLatest PostsBuy-BlackLatest posts by Buy-Black (see all) ALWAYS BET ON BLACK - Update 33 - May 25, 2014 ALWAYS BET ON BLACK - Update 32 - May 24, 2014 ALWAYS BET ON BLACK - Update 31 - May 16, 2014 May 16, 2014 by Buy-Black 2 comments 3395 viewson Technical Analysis by buy-blackShare this post Facebook Twitter Google plus Pinterest Linkedin Mail this article Print this article
ALWAYS BET ON BLACK - Update 6 April 21, 2014 1 comment 3631 viewsBLACK WALL IS SUCKING ALL THE COINS ?? - BLACK HOLE ADVISORY This has been ...
ALWAYS BET ON BLACK - Update 23 April 27, 2014 1 comment 1912 viewsFIBONACCI RETRACEMENT - LAST BUYING OPPORTUNITIES OF CHEAP BC? The typical highest profit entry ...
ALWAYS BET ON BLACK - Update 25 April 28, 2014 Comments are off 2474 viewsSTRONG CONSOLIDATION SPITE OF COORDINATED EFFORT VIA DDoS ATTACK TO BC-POOL AND SELL WALLS AT ...
Buy-BlackMay 17, 2014 at 04:51 Thanks Ralphvd! We did hit 15 but just briefly thank god! Although I am not convinced that we are out of that pesky seller. In total the sellers have pushed something like 25 million coins in the last three weeks.
