Author

Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 13247. (Read 26731130 times)

legendary
Activity: 1484
Merit: 1029
Gotta send my last Smerit as well cause the mind is on DRUNKset  Grin  Grin pump BTC puuuuuump
Puuuuuuuuump

THIS IS NOT FACEBOOK DUDE!!!

Hahahaa
full member
Activity: 1179
Merit: 210
only hodl what you understand and love!
Getting drunk as i speak but the food and wines and drinks are outstanding....

For hairrywe hit evening as well and dinner getting served as we speak  Grin
via Imgflip Meme Generator

via Imgflip Meme Generator




Gotta send my last Smerit as well cause the mind is on DRUNKset  Grin  Grin pump BTC puuuuuump
Puuuuuuuuump

THIS IS NOT FACEBOOK DUDE!!!
legendary
Activity: 1652
Merit: 4393
Be a bank
"Zak": narrative - whale is margin 3.3x on finex shorting into his spot buying building a short position at these prices - he then dumps his spot and the price down to say 6k - he makes 3.3x more on the shorts than what he lost on spot = profit?

- other narratives are available, but wdyt of this one?
full member
Activity: 1179
Merit: 210
only hodl what you understand and love!
...
No 4. Shitcoin
No 5. Shitcoin
.
.
No 10000. Shitcoin
The 10 Shitcoin Commandments

1  Shitcoins can’t buy happiness. Or, in the long run, anything else.
2  There’s a shitcoin born every minute.
3  If you have to ask if your coin is a shitcoin, it’s a shitcoin.
4  A shitcoin saved is worthless.
5  A fool and his shitcoins are soon married.
6  If you can’t identify the shitcoin-holder in your first 30 minutes at the table, check your portfolio.
7  Better to remain unlaunched and be thought a shitcoin, than to launch and remove all doubt.
8  Only other people own shitcoins.
9  You can rail against shitcoins all day long and offend no one, as long as you don’t name a specific coin.
10 BCH is a shitcoin.

Ben Davenport

Freaking AMEN Grin
full member
Activity: 1179
Merit: 210
only hodl what you understand and love!
Bloomberg predicts crypto prices 2019 onward.



-Stupid source.

-Cardano is here to replace Ethereum... completely. Wait and see how that happens within just 2 years.

-Even if Cardano somehow fails to do that, then there's no way that Ethereum will remain that low. There'll ALWAYS be one good smart-contract platform available with a very high value.

Rankings IMO (by marketcap):

No 1. Bitcoin
No 2. Ethereum/Cardano (smart-contract) (ONLY ONE OF THESE WILL EVENTUALLY BE AT THIS RANK)
No 3. Monero/ZCash (privacy) (ONLY ONE OF THESE WILL EVENTUALLY BE AT THIS RANK)
No 4. Shitcoin
No 5. Shitcoin
.
.
.
.
No 10000. Shitcoin

One word, Tari.
Jopidopi, and zcash is not anonymous. You remember that darkmarket guy who hang himself in the police cell got caught after accepting zcash  Shocked
full member
Activity: 1179
Merit: 210
only hodl what you understand and love!
Haha relax brother.  In 5 years Bitcoin will blow your mind. Until then, eat, drink, shag and watch footy. Good things come to those who hodl.

"Good things come for boys who wait" Grin
full member
Activity: 1179
Merit: 210
only hodl what you understand and love!
legendary
Activity: 1484
Merit: 1029
Interesting battle about to happen.  On the one hand we have the price touching the downtrend line and falling back.  On the other hand we have a pending 90 day MA golden cross which could provide support for breaking the downtrend.  

Which will prevail?  I think the downtrend will prevail but it is not clear cut.  If I was trading right now, I would selling above $7,200 in preparation for the price going down, but putting buy stops in the ~$7,400 range just in case I am wrong and the downtrend is cleanly broken.  In the unlikely event we break the downtrend, I would target $7,900 in the short term.  





Is LL, HL, LL, HL actually a downtrend? We have been exactly $300 lower than our lowest low in Feb. We are now in Sept.
Probably need a couple more oscillations until we break out of the pattern - but who knows in this game?
legendary
Activity: 1442
Merit: 2282
Degenerate bull hatter & Bitcoin monotheist
Not sure the scale on the chart but the shorts are expecting the bulls to fail at the wall. 
sr. member
Activity: 910
Merit: 371
Interesting observation
even if the price goes up, suddenly the number of shorts has started to grow pretty fast (without any reason)
Probably a market maker prepares something
Be careful if you trade



Ps: about this indicator
legendary
Activity: 1442
Merit: 2282
Degenerate bull hatter & Bitcoin monotheist
I'm on the edge of my seat here and you mofos are all asleep



legendary
Activity: 2492
Merit: 1230
Privacy Servers. Since 2009.
Hey Mic, I think I see a refection in the wine glass... gonna try to enhance.




 edit: Wow!



 It's Thor!  micgoossens is Thor!  No wonder you're always fine-dining and concert-going!

 edit2: I'd best go to bed; I'm getting silly.


LMAO  Grin
legendary
Activity: 1442
Merit: 2282
Degenerate bull hatter & Bitcoin monotheist


Edit:  update.  The bulls rally for another surge at The Wall.  

legendary
Activity: 1722
Merit: 1217
but how long from now

December at the latest if you draw the wedge out.
legendary
Activity: 3808
Merit: 7912
Hey Mic, I think I see a refection in the wine glass... gonna try to enhance.




 edit: Wow!



 It's Thor!  micgoossens is Thor!  No wonder you're always fine-dining and concert-going!

 edit2: I'd best go to bed; I'm getting silly.
legendary
Activity: 3808
Merit: 7912
Certified boor.
edit: I shouldn't talk... considering I have measured out my life with coffee spoons.
So how should I presume?

 I saw it on a poster.

legendary
Activity: 1442
Merit: 2282
Degenerate bull hatter & Bitcoin monotheist
Our highs are clearly progressively lower.  You could call it a descending wedge (and yes, we will eventually break upwards, but how long from now).  

What would you call it?  
legendary
Activity: 2156
Merit: 1070
Interesting battle about to happen.  On the one hand we have the price touching the downtrend line and falling back.  On the other hand we have a pending 90 day MA golden cross which could provide support for breaking the downtrend.  

Which will prevail?  I think the downtrend will prevail but it is not clear cut.  If I was trading right now, I would selling above $7,200 in preparation for the price going down, but putting buy stops in the ~$7,400 range just in case I am wrong and the downtrend is cleanly broken.  In the unlikely event we break the downtrend, I would target $7,900 in the short term.  





Is LL, HL, LL, HL actually a downtrend? We have been exactly $300 lower than our lowest low in Feb. We are now in Sept.
legendary
Activity: 1442
Merit: 2282
Degenerate bull hatter & Bitcoin monotheist
Interesting battle about to happen.  On the one hand we have the price touching the downtrend line and falling back.  On the other hand we have a pending 90 day MA golden cross which could provide support for breaking the downtrend.  

Which will prevail?  I think the downtrend will prevail but it is not clear cut.  If I was trading right now, I would selling above $7,200 in preparation for the price going down, but putting buy stops in the ~$7,400 range just in case I am wrong and the downtrend is cleanly broken.  



However, breaking the downtrend brings us closer to a golden cross on the 30 week MA.  Which would be an auspicious event and could signal the end of 2018 bear market.  



Except we had a golden cross in June 2014 which led to nothing.  It took two more golden crosses in 2015 for us to finally stabilise and start the climb out.  



So following the 2014 pattern, I remain bearish but not without hope if we can break the down trend line in the next 4 days.
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