Author

Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 18108. (Read 26608391 times)

legendary
Activity: 2842
Merit: 1511
I see what you see in addition to other indicators. The trick is to look at the indicators and not with your heart. For those looking for an upward price tend to only see things that support this ( I too want the price to go up, unfortunately "wanting it" does not make it happen).

Below is the 3d chart from Bitfinex: Note the orange arrow with a Doji and the green arrow shows the confirmation. And the red circle denotes the "Crossover - As shown in the chart below, when the MACD (white line) falls below the signal line (orange line), it is a bearish signal, which indicates that it may be time to sell."


Could be a fakeout, as we had this before the May/June rally. With the uncertainty surrounding Segwit, I wouldn't be sure on that, of course.
member
Activity: 119
Merit: 10

Jurassic Union at its worst: such control freaks. Go on Bitcoin this old crumblin world does not understand you!
Why is that everything new needs to resemble something old? why!


Buckle up and HODL, fiat is going bye bye, guess whats coming around again, or should I say incoming, did someone say asteroid?

I'll leave this clue here.. https://www.youtube.com/watch?v=366DExfdQWM&list=PLi37OtAXz4M_kUx8oXSY2YjNo0dQYNVUI
legendary
Activity: 2310
Merit: 1422

Jurassic Union at its worst: such control freaks. Go on Bitcoin this old crumblin world does not understand you!
Why is that everything new needs to resemble something old? why!
Vin
legendary
Activity: 1166
Merit: 1015
lol

i am waiting for 145th chinesee ban. Grin

I think, that we don´t have to wait too long  Grin
legendary
Activity: 1890
Merit: 1037
lol

i am waiting for 145th chinesee ban. Grin
full member
Activity: 224
Merit: 100
all I see right now
is a 6-months long cup and handle formation
 Roll Eyes
How about double top with the lower second peak?
Is this a sole "contrarian view", or are there more who expect a proper correction right now?

I think the price doubled because of the halving, and it's not going back down because the miners don't have as many coins to dump. There have been double tops without corrections, and cups without handles. Chart formations don't always work, unless somebody has coins to dump the price isn't going back down.

I hope so. I think these price increases are great for bitcoin. I hope it keeps going up and I keep making money!!!  Grin
sr. member
Activity: 310
Merit: 250
all I see right now
is a 6-months long cup and handle formation
 Roll Eyes
How about double top with the lower second peak?
Is this a sole "contrarian view", or are there more who expect a proper correction right now?

I think the price doubled because of the halving, and it's not going back down because the miners don't have as many coins to dump. There have been double tops without corrections, and cups without handles. Chart formations don't always work, unless somebody has coins to dump the price isn't going back down.
hero member
Activity: 798
Merit: 531
Crypto is King.
Shorty mc short short time? Is that what you are trying to tell us??~~
legendary
Activity: 1844
Merit: 1338
XXXVII Fnord is toast without bread
all I see right now
is a 6-months long cup and handle formation
 Roll Eyes
How about double top with the lower second peak?
Is this a sole "contrarian view", or are there more who expect a proper correction right now?

I see what you see in addition to other indicators. The trick is to look at the indicators and not with your heart. For those looking for an upward price tend to only see things that support this ( I too want the price to go up, unfortunately "wanting it" does not make it happen).

Below is the 3d chart from Bitfinex: Note the orange arrow with a Doji and the green arrow shows the confirmation. And the red circle denotes the "Crossover - As shown in the chart below, when the MACD (white line) falls below the signal line (orange line), it is a bearish signal, which indicates that it may be time to sell."




Now note the 1d chart Bitfinex: The green arrow noting the Doji and the orange arrow confirming. See also the red circle showing another MACD crossover indicating a bearish signal. Again, I am not a bear, I do wish for the price to continue upward. This is just my chart reading. Also not shown on these charts is the 1w RSI indicator showing still overbought. But please don't take my charting trend analysis as fact, research your own opinions.

legendary
Activity: 3080
Merit: 1688
lose: unfind ... loose: untight
mp3 is a fraud on your ears

I never heard the notion articulated in this manner. However, in that mp3 encoding throws out content below some arbitrary threshold of 'psychoacoustically unimportant', it is quite literally true.
newbie
Activity: 28
Merit: 0
all I see right now
is a 6-months long cup and handle formation
 Roll Eyes
How about double top with the lower second peak?
Is this a sole "contrarian view", or are there more who expect a proper correction right now?

You are not "sole."  


There are plenty of trolls who hold the same view that BTC prices are going down.. These lovely troll people, bots predict "downwards", almost no matter what happens.  Therefore, you have good company.
uki
legendary
Activity: 1358
Merit: 1000
cryptojunk bag holder
all I see right now
is a 6-months long cup and handle formation
 Roll Eyes
How about double top with the lower second peak?
Is this a sole "contrarian view", or are there more who expect a proper correction right now?
legendary
Activity: 4200
Merit: 4887
You're never too old to think young.
all I see right now
is a 6-months long cup and handle formation
 Roll Eyes

Which meeaans...?

Onward and upward.
legendary
Activity: 2856
Merit: 1520
Bitcoin Legal Tender Countries: 2 of 206
hero member
Activity: 748
Merit: 500
all I see right now
is a 6-months long cup and handle formation
 Roll Eyes

Which meeaans...?
legendary
Activity: 4200
Merit: 4887
You're never too old to think young.
Good morning Bitcoinland. Slept in a little.

Too busy to check in yesterday but I see we dipped a dime.... currently $739USD/$999CAD.

That's the first time we slid back to the dreaded triple digits (CAD) since last Sunday's short-lived "crash" all the way down to $975.

Was that the last bear trap before bursting on upward?
_____ 

While I was pouring my coffee, it just went back up over a grand. Feels better already.  Smiley
donator
Activity: 2772
Merit: 1019
^ Is that guy still using CD's for his music instead of more efficient and compact mp3's?

high-res flac

mp3 is a fraud on your ears


hero member
Activity: 577
Merit: 500
Jesus was a (Goddamn) hippy socialist
all I see right now
is a 6-months long cup and handle formation
 Roll Eyes
hero member
Activity: 1132
Merit: 818
OK, so one more bulltrap and then down for a while?
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