Author

Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 22257. (Read 26709721 times)

legendary
Activity: 1232
Merit: 1011
Quote from: tarmi

wtf is that?


It's how I make 5 figures per month. If you don't understand, maybe read a book instead of talking yours.

you make

5 figures of chian money yes?



gtfo clown.
hero member
Activity: 854
Merit: 503
Legendary trader
I dream of a nasty long squeeze.
hero member
Activity: 924
Merit: 1000
Quote from: tarmi

wtf is that?


It's how I make 5 figures per month. If you don't understand, maybe read a book instead of talking yours.
legendary
Activity: 1274
Merit: 1000
The Golden Rule Rules



placing bids in double digit range just in case.  Wink


People are going to get margin called pretty soon
legendary
Activity: 1232
Merit: 1011



placing bids in double digit range just in case.  Wink
hero member
Activity: 1526
Merit: 597

Every trader is aware of bear flags. Volume tells the whole story, though, and the second flag has quite a lot more going on in that regard if you zoom in.

Anyone want to take a crack at it?

Lulz.

You should scroll a bit out, if volume tells you the whole story and not refer to the 3 min. chart.

This whole leg up, is a rally on declining volume  Cheesy
legendary
Activity: 1554
Merit: 1014
Make Bitcoin glow with ENIAC

Any rocket aficionados out there know that this can only go one way

hero member
Activity: 742
Merit: 500



Every trader is aware of bear flags. Volume tells the whole story, though, and the second flag has quite a lot more going on in that regard if you zoom in.

Anyone want to take a crack at it?

I'm not a trader, but I'd like to submit a guess?



Am I close? Or just being hopeful?
Ok for the first one but the second figure is not really a triangle.

I would say more something like this tho:





Increasing volume during pumps and decreasing volume during dumps = bullish

Increasing volume during dumps and decreasing volume during pumps = bearish

So now it's bearish.
legendary
Activity: 1078
Merit: 1441
legendary
Activity: 1232
Merit: 1011
Quote

a little update.

Every trader is aware of bear flags. Volume tells the whole story, though, and the second flag has quite a lot more going on in that regard if you zoom in.

Anyone want to take a crack at it?


hi, expert trader.


we are 20 points down from the last bearish wedge and the volume is just a little bit higher (on some days...overall is even lower). is that a bullish sign?

 Roll Eyes

Cute. Here you go--


1 - candle spread narrows, high volume as buying enters market to stop downtrend
2 - absorption volume in both directions, market unsure
3 - successful test and no supply on low volume warning of higher prices
4 - price moves up to top of range...
5 - ...and is stopped on distribution and no demand
6 - second leg of downtrend stopped as buying enters on high volume
7 - absorption, candle closes on high: failed dump
8 - no supply, low volume, price moves up
9 - volume contracts on narrowing candles, indicative of dwindling supply, price moves up after this area
10 - another dump, lower volume than previous, candle spread narrowing, good chance of a double bottom here



wtf is that?

I didnt ask you for an anatomy of a dump (in its beginnings btw) but a straight answer. all you are saying is volume of the dump is lower now, there is a good chance of a double bottom. laughable.

I call bs on you any day now.  
hero member
Activity: 924
Merit: 1000
Quote

a little update.

Every trader is aware of bear flags. Volume tells the whole story, though, and the second flag has quite a lot more going on in that regard if you zoom in.

Anyone want to take a crack at it?


hi, expert trader.


we are 20 points down from the last bearish wedge and the volume is just a little bit higher (on some days...overall is even lower). is that a bullish sign?

 Roll Eyes

Cute. Here you go--



1 - candle spread narrows, high volume as buying enters market to stop downtrend
2 - absorption volume in both directions, market unsure
3 - successful test and no supply on low volume warning of higher prices
4 - price moves up to top of range...
5 - ...and is stopped on distribution and no demand
6 - second leg of downtrend stopped as buying enters on high volume
7 - absorption, candle closes on high: failed dump
8 - no supply, low volume, price moves up
9 - volume contracts on narrowing candles, indicative of dwindling supply, price moves up after this area
10 - market absorbs another dump, lower volume than previous, candle spread narrowing, good chance of a double bottom here
newbie
Activity: 56
Merit: 0
She's dead, Jim.

http://s9.postimg.org/tdqff9a3z/Capture.jpg

That's just probe noise that's foolin' you.
Pulling the plug now's the humane thing to do, so's we could harvest her organs.  This... this just ain't natural.  Free up this hospital bed, too, so that a better, younger coin may live.
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
legendary
Activity: 1512
Merit: 1000
@theshmadz



Every trader is aware of bear flags. Volume tells the whole story, though, and the second flag has quite a lot more going on in that regard if you zoom in.

Anyone want to take a crack at it?

I'm not a trader, but I'd like to submit a guess?



Am I close? Or just being hopeful?
newbie
Activity: 56
Merit: 0
Still waiting for you to post your trades tarmi. Shouldn't be a problem for someone with your acumen reading the market.

You're like one of those disgusting antlion bugs, inca.  Just waiting for some poor hapless victim to stumble into your nasty little trap.
Well, we're on to you, buster! Angry
legendary
Activity: 1078
Merit: 1441
legendary
Activity: 1232
Merit: 1011
Quote

a little update.

Every trader is aware of bear flags. Volume tells the whole story, though, and the second flag has quite a lot more going on in that regard if you zoom in.

Anyone want to take a crack at it?


hi, expert trader.


we are 20 points down from the last bearish flag and the volume is just a little bit higher (on some days...overall is even lower). is that a bullish sign?

 Roll Eyes
hero member
Activity: 490
Merit: 500
Patience broskis. Next week will be dumpy. Wink

There is NO real evidence to establish that BTC prices are going below $240s.  I am NOT saying that it will NOT happen, but seems more likely that we will get either sideways or  up, rather than downward BTC price movement.

What's the real evidence for sideways or up, in contrast to the non-real evidence for down?

50 paragraphs or less, please.

LOL!





 Grin

Beautiful handwriting Grin

And may I add: higher highs!
hero member
Activity: 924
Merit: 1000
Quote

a little update.




Every trader is aware of bear flags. Volume tells the whole story, though, and the second flag has quite a lot more going on in that regard if you zoom in.

Anyone want to take a crack at it?
legendary
Activity: 1176
Merit: 1000
Still waiting for you to post your trades tarmi. Shouldn't be a problem for someone with your acumen reading the market.
Jump to: