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Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 33877. (Read 26720153 times)

legendary
Activity: 2674
Merit: 2373
1RichyTrEwPYjZSeAYxeiFBNnKC9UjC5k
More TA bullshit then, for the interested:

Quote
The symmetrical triangle, which can also be referred to as a coil, usually forms during a trend as a continuation pattern. The pattern contains at least two lower highs and two higher lows. When these points are connected, the lines converge as they are extended and the symmetrical triangle takes shape. You could also think of it as a contracting wedge, wide at the beginning and narrowing over time.



http://stockcharts.com/school/doku.php?id=chart_school:chart_analysis:chart_patterns:symmetrical_triangle

It's usually drawn as a triangle. But as someone with a physics background, I see it like this:

sr. member
Activity: 434
Merit: 250
legendary
Activity: 2674
Merit: 2373
1RichyTrEwPYjZSeAYxeiFBNnKC9UjC5k
You guys and gals are driving like this:



The excitement was in the past. That triangle completion will be a big "ho hum".

This is all TA bullsh*t in a nutshell.

I agree. But I just though Coinageddon!!! (Now with added exclamations) would be a bit of a larf (innit?)
newbie
Activity: 42
Merit: 0
If I sell now, you can guarantee the drop will stop. Immediately.

sell now. unless u want to be with a loss

what price did u buy at?

110 tested

110 broken next is 105
newbie
Activity: 42
Merit: 0
If I sell now, you can guarantee the drop will stop. Immediately.

sell now. unless u want to be with a loss

what price did u buy at?

110 tested
member
Activity: 84
Merit: 10
Not a lot of bounce back when testing 110.
full member
Activity: 238
Merit: 100
If I sell now, you can guarantee the drop will stop. Immediately.
full member
Activity: 238
Merit: 100
hero member
Activity: 980
Merit: 1001
Isn't this assuming the price is going down?

I was going to put a low of $200.16. Maybe I didn't read the question right. :p

It is whatever you think the low will be. If you are reptilia you will post $300,000
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
hero member
Activity: 770
Merit: 501


damn watched some tv and still nothing happening...

ehr...i mean GOOD, i love it for the sake of stability Smiley

good night chartbuddy...

legendary
Activity: 1078
Merit: 1006
100 satoshis -> ISO code
Shot from the era of stability:

Imagine we are at $11 in that picture.  That's 30k BTC down to $10, which is similar support to what we currently have.

Agreed. The main difference now is that I would remortgage my house to murder a $12 ask wall  Smiley
hero member
Activity: 784
Merit: 1000
bitcoin hundred-aire
Shot from the era of stability:

Imagine we are at $11 in that picture.  That's 30k BTC down to $10, which is similar support to what we currently have.
hero member
Activity: 784
Merit: 1000
bitcoin hundred-aire
We may be entering an September-December 2012 sort of situation.  Some panics, but the concept of "panic" is just a drop from resistance to support, and we trade in a relatively narrow range of, say, $80-$120.

I see bid depth going way up, although most of it is far below current price.  Ask depth is also very good.  This indicates a potential prolonged period of relative stability to me.
hero member
Activity: 728
Merit: 501
CryptoTalk.Org - Get Paid for every Post!
Isn't this assuming the price is going down?

I was going to put a low of $200.16. Maybe I didn't read the question right. :p
sr. member
Activity: 434
Merit: 250
Isn't this assuming the price is going down?
hero member
Activity: 980
Merit: 1001
Anyone care to place a friendly wager on the "coinageddon"?

I say we all make our prediction, deposit .1 BTC with John K and the winner gets the pool.

So it will look like this

May 11, 2013 by 11:59 PM EST Coins hit a low of ______________

Rules;

Prediction must be announced here: https://bitcointalk.org/index.php?topic=199596.new#new
sr. member
Activity: 434
Merit: 250
Has everyone gone?  Is it just me and ChartBuddy here now? 

Nothing's gonna happen before the coinapolypse.
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