Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 13240. (Read 26730837 times)

USA under attack!

EDIT: and do not touch tits which you don't own!

Are they deifying him or trying to stab him Julius Caesar style?

"Et tu, Brute?" 

 

 



1. Once we got above 6800 we’re in a new area for price, we’re potentially making a new upmove till top of the range between 5.85k-9.97k.
We made a higher low withing the range, so that’s why we can expect to move to the upside of the range
2. Where you are relative to HTF range is gonna tell you what, longs will make most sense in bottom part of the range, shorting would only make sense is price is above 50% of the range
The higher you are in the range the higher the reward a short has, the lower you are in the range the higher the reward a long has (not higher probability per se). That’s why it doesn’t make sense shorting 6k because it’s the bottom side of the range.
3. Mark the 50% of the range

And you can split it up into quarters as well, so take the upper part of the range to 50%, and bottom side as well = range within a range.
--> What you’ll see if you mark these levels, is that OB (=orderblocks) will appear around these levels
If we’re playing a range and we’re starting an uptrend, you don’t wanna see price go back below the 25% of the range (coincides with key level at 6.8k).

4. Look for OB’s around these key levels

Why is this order block relevant?
   It’s just above the 50%
   It stopped price on the way up
   AND there are a lot of stops above that wick = short liquidity!! Very important
   Shorts would make more sense in that range, if it breaks and acts as support it’s very bullish

We have another OB at the 25% level, price reacted multiple times to it and can now act as support
Then we have a breaker: down candle before upmove that broke market structure, price is at that level right now. Can act as resistance, not immediate reason to short, but if you’re long this is a good position to hedge.

The yellow line is a potential SR flip, the pink OB is a 4h OB where you can look for longs, but we expect the yellow line to already act as support

Random thought re: the funny Monday spikes and dents, and the almost non-existent action. It's like a long weekend because of Labor Day. Market action, see you tomorrow.

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It's just the Republicans. They have lost all sense. Trump destroyed them from the inside. "We have the best economy ever, so here's trillions in tax cuts to billionaires, and we can't afford pay raises for government employees, so here's a wage freeze." And the Republicans just eat it up.

Nice price to come back after a weekend long bachelor party at the beach  

Talking about tv series I see that season 2 of Ozark has just been added to Netflix... Maybe the guy will try to somehow use crypto in his money laundering scheme? Would be pretty hilarious if he does and somehow end up investing in a shitcoin and lose all his boss'es money or ends up making HUGE Bitcoin profits and face way more struggling with how to launder that again....

Probably not the best publicity but still.... any publicity is good publicity.

P.S.: It seems that "ozark bitcoin" doesn't pop up anything relevant so.... maybe for season 3.

NOT his Personal Satoshi anymore? 

^^
+1m   (i'm out as well   )

just for thinking its will not take to long  

Nice pick, I abstained...had no F'in clue.

>$9k for sure this time though.





I could only handle 2 of the 3 in the first episode and made a comment about supporting the Kinderguardian program in this thread and I don't think anyone go the reference. Lol

+1

And I don't think it will be that long.

^
the POLL will be looking nice when we get 5-digits back on it  

Nice to see some more bullish looking poll results this week - hopefully we'll be finally break out of that wedge/triangle trend

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The small swings are getting a little wilder - faster and somewhat jittery. Does it mean anything? What's cooking? I hope it isn't the mammoths stirring.

I closed my long time short w/decent profit and reopened it, a smaller position at a somewhat lower (worse) level.
I also opened a long ladder, 2J's style (JJG and JB), at a much lower (better) level.
Who knows why, on the short term it's the long position that's worrying me more.
Call me paranoid.

A lot of shitcoins because of:

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Tidbit from the dank corners of Biticoinland.


https://www.deepdotweb.com/2018/09/03/interview-with-a-professional-ddos-extortionist/


It's a human interest story, really.