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Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 21683. (Read 26623502 times)

hero member
Activity: 924
Merit: 1000
Yea I think 230's will not survive, possibly by tomorrow.

Might get another test of $230 but sellers are not making much of an impact.

Volume is surprisingly low, which means we may be entering the Wyckoff accumulation trading range stage C, where the stock goes through testing by the composite operator. Volume trails off as most floating supply is now in strong hands, and there are a series of tests to see how low of a price in which the CO can accumulate any remaining scraps. This ends with either rising bottoms, or a washout to the floor of the range which will immediately reverse into a strong rally if volume is not high. Obviously you don't want to be caught on the wrong side of this so best to wait it out and don't panic if it happens.

There is a saying... "if you can't shake them out, tire them out." This is the stage we are in. Hold tight, because stage D and E are the markup phases if there's no new supply and everyone refrains from panicking into the CO's open bags. Next few weeks/months should be interesting.

So you're saying...

the next few weeks/months r critical?

Absofruitly Wink
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
sr. member
Activity: 392
Merit: 250
Is finex going to go a half hour between trades?

This composite operator sure is good at hiding.

Edit: data api must be down.
hero member
Activity: 854
Merit: 503
Legendary trader
Absolutely critical yes. Cheesy
legendary
Activity: 1680
Merit: 1045
Yea I think 230's will not survive, possibly by tomorrow.

Might get another test of $230 but sellers are not making much of an impact.

Volume is surprisingly low, which means we may be entering the Wyckoff accumulation trading range stage C, where the stock goes through testing by the composite operator. Volume trails off as most floating supply is now in strong hands, and there are a series of tests to see how low of a price in which the CO can accumulate any remaining scraps. This ends with either rising bottoms, or a washout to the floor of the range which will immediately reverse into a strong rally if volume is not high. Obviously you don't want to be caught on the wrong side of this so best to wait it out and don't panic if it happens.

There is a saying... "if you can't shake them out, tire them out." This is the stage we are in. Hold tight, because stage D and E are the markup phases if there's no new supply and everyone refrains from panicking into the CO's open bags. Next few weeks/months should be interesting.

So you're saying...

the next few weeks/months r critical?
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
legendary
Activity: 1624
Merit: 1126
It's all mathematics...!
Just tweeted! rally imminent$$$ everyone must be sleeping...gonna move one way or the other but we think up!
hero member
Activity: 924
Merit: 1000
Yea I think 230's will not survive, possibly by tomorrow.

Might get another test of $230 but sellers are not making much of an impact.

Volume is surprisingly low, which means we may be entering the Wyckoff accumulation trading range stage C, where the stock goes through testing by the composite operator. Volume trails off as most floating supply is now in strong hands, and there are a series of tests to see how low of a price in which the CO can accumulate any remaining scraps. This ends with either rising bottoms, or a washout to the floor of the range which will immediately reverse into a strong rally if volume is not high. Obviously you don't want to be caught on the wrong side of this so best to wait it out and don't panic if it happens.

There is a saying... "if you can't shake them out, tire them out." This is the stage we are in. Hold tight, because stage D and E are the markup phases if there's no new supply and everyone refrains from panicking into the CO's open bags. Next few weeks/months should be interesting.
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
legendary
Activity: 1624
Merit: 1126
It's all mathematics...!
Yea I think 230's will not survive, possibly by tomorrow.


could go a little lower but trend is up IMHO... Cool
hero member
Activity: 854
Merit: 503
Legendary trader
Yea I think 230's will not survive, possibly by tomorrow.
legendary
Activity: 1624
Merit: 1126
It's all mathematics...!
On the 4H chart it looks like BTC is ready to drop off a cliff.
It does on many time frames.

Really?On 4/16 I was calling for a Vwap zeroblock reversal...looks like we have had higher highs and higher lows since! now we have had over 10 days of downward pressure and that's about to change IMHO!
just a temp crossover on the vwap and onwards and upwards $$$  Cool
hero member
Activity: 854
Merit: 503
Legendary trader
On the 4H chart it looks like BTC is ready to drop off a cliff.
It does on many time frames.
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
legendary
Activity: 1624
Merit: 1126
It's all mathematics...!
Gonna be some big swings...Rollercoaster time! Someone needs 2 fat finger this thing and get the party started!  Grin

its just started...just not many people know about it and think its still like the old days p&d...btc is moving into a new phase thats never been seen before  Smiley  could be a good time to buy some anon-cryptocoins, Wink

Yo Yo Playa! let's face it...the dental floss twins got this right! Trillion dollar BTC market cap...
Yes it is a good time for Btc and Anon coins with good honest Developers...
hero member
Activity: 672
Merit: 501
You know what is funny guys... you know how I said on the 430pm chart time by me, there was a dump usually daily in recent times, well, did not happen BUT, that is when the "glitch" happened on the chart... too funny right?
hero member
Activity: 545
Merit: 500
On the 4H chart it looks like BTC is ready to drop off a cliff.
legendary
Activity: 1554
Merit: 1014
Make Bitcoin glow with ENIAC


The question is, who glitched? BFX or Bitcoinwisdom Wink

//Since BitcoinCharts is showing the same hovering candle, it must be BFX. The next question: Ist the API bogus or is the trading engine about to explode? Or did one of the inside-trades accidently get out via API? Wink

Hmm, interesting. Supposedly there are > 2,600 coins before passing $236 and about half of that for > $234...  Huh

Bitfinex has been updating their trading engine lately. Looks like another bug. Someone got a rotten deal on those coins.
legendary
Activity: 2758
Merit: 1075
Gonna be some big swings...Rollercoaster time! Someone needs 2 fat finger this thing and get the party started!  Grin

its just started...just not many people know about it and think its still like the old days p&d...btc is moving into a new phase thats never been seen before  Smiley  could be a good time to buy some anon-cryptocoins, Wink
legendary
Activity: 896
Merit: 1000


The question is, who glitched? BFX or Bitcoinwisdom Wink

//Since BitcoinCharts is showing the same hovering candle, it must be BFX. The next question: Ist the API bogus or is the trading engine about to explode? Or did one of the inside-trades accidently get out via API? Wink

Hmm, interesting. Supposedly there are > 2,600 coins before passing $236 and about half of that for > $234...  Huh
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