ALWAYS BET ON BLACK - Update 5STRENGTHENING POSITION FOR BUYERS - A WORD OF CAUTIONAfter that huge effort by the sellers, who took advantage of our weak defenses, we are consolidating positions and preparing for future gains.The Black Coin buyers have accumulated their wealth on a couple of big walls to grab lots of coins at lower prices in the possibility that the sellers may want to play rough again. Notice that smart players will put walls on strategically calculated areas to get the most coins at lower prices, so the support walls play two roles. One is a strong defense against price retrenchment and the other is an opportunity to get more coins at lower than market prices. It is clear that the market will not remain stable for more than a day or two so these walls may be hit from time to time to increase your position in BlackCoin.CAUTION: It is also entirely possible that support walls can instantly vanish; I see a 100 BTC wall at 40K. If this wall vanishes on the next attack it could allow some huge price manipulation taking the price even lower than previously. Every person should put their support and not trust on other people actions. Here is a closer look at the war of the walls going on to get that support floor established up to 50K. These are very good charts here: https://cryptrader.com/charts/mintpal/bc/btcCongratulations to all that participated in the rebound and it is most important that we act responsibly to maintain some price stability.Buy-BlackThe 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 April 20, 2014 by Buy-Black Comments are off 3111 viewson Technical Analysis by buy-blackShare this post Facebook Twitter Google plus Pinterest Linkedin Mail this article Print this articleTags: BlackCoin Consolidation 50K
ALWAYS BET ON BLACK - Update 23 April 27, 2014 1 comment 1913 viewsFIBONACCI RETRACEMENT - LAST BUYING OPPORTUNITIES OF CHEAP BC? The typical highest profit entry ...
ALWAYS BET ON BLACK - Update 13 April 23, 2014 Comments are off 3160 viewsFURTHER CONSOLIDATION TO 40K - MORE BUYERS AT HIGHER PRICES After experiencing repeated price manipulations ...
ALWAYS BET ON BLACK - Update 3 April 20, 2014 Comments are off 3189 viewsTESTING 47 RESISTANCE AND 45K SUPPORT There has not been enough consolidation to break the ...
