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Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 27169. (Read 26710323 times)

legendary
Activity: 1512
Merit: 1000
@theshmadz
so I was looking at finex and noticing this.



top line is drawn on exp chart, bottom line is on linear.

I'm trying to target a buy-in price, but of course I want to wait until I can be fairly certain the price will not go down any further, at least not much further... but if the price breaks down below the linear line, I think it could go much, much lower...

here is the zoom out to see where the lines come from.



these are just random thoughts of course, but Sunday's are nice for me and give me time to think random thoughts.

legendary
Activity: 2562
Merit: 1064
Monster walls on Finex.  Still $23 million longs to purge! Is this the end? Cry

I fear so  Cry . Bye bye Bitcoin. Let´s hope that 150$ holds! AMEN
Now I know why so many people ignore you.

Everyone know, who to ignore, that is the reason, because of so much pessimistic reason from fonzie no one like him.
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
hero member
Activity: 504
Merit: 500
Moderator
Monster walls at Finex.  Still $23 million longs to purge! Is this the end? Cry

Over 70% of the longs were opened at UNDER 450! Yes that is impossible to know for sure, but around $17 million in longs were opened before this run up, so if they did not close them out (I didn't because my return swap is only .04% until July 11) then we would have to drop well below 340 to squeeze them out.

I hope wallzilla at BFX did his homework and knows his risk/reward ratio before dumping his coins. Just because you are a whale, doesn't make you smart lol.

Just because you didn´t close your longs above 600$ doesn´t make you smart.
hero member
Activity: 784
Merit: 1000
Monster walls at Finex.  Still $23 million longs to purge! Is this the end? Cry

Over 70% of the longs were opened at UNDER 450! Yes that is impossible to know for sure, but around $17 million in longs were opened before this run up, so if they did not close them out (I didn't because my return swap is only .04% until July 11) then we would have to drop well below 340 to squeeze them out.

I hope wallzilla at BFX did his homework and knows his risk/reward ratio before dumping his coins. Just because you are a whale, doesn't make you smart lol.
hero member
Activity: 504
Merit: 500
Moderator
wow fonzie, you are getting increasingly annoying with every price swing. I mean, just because you sodl @570 and want to buy 10 $ cheaper doesnt mean thath you have to spam this thread every time.

you were funny once, now just a common bitcointalk troll.

I´m sorry, i promise to provide better trollin quality after 530$ is broken.

Edit:  Cheesy Cheesy Cheesy Cheesy Cheesy




80$ BTC incoming
legendary
Activity: 1232
Merit: 1011
you were funny once, now just a common bitcointalk troll.

And people still quote him!

ups, sorry for that.
hero member
Activity: 722
Merit: 500
you were funny once, now just a common bitcointalk troll.

And people still quote him!
sr. member
Activity: 462
Merit: 251
Monster walls on Finex.  Still $23 million longs to purge! Is this the end? Cry

I fear so  Cry . Bye bye Bitcoin. Let´s hope that 150$ holds! AMEN
Now I know why so many people ignore you.
legendary
Activity: 1232
Merit: 1011
wow fonzie, you are getting increasingly annoying with every price swing. I mean, just because you sodl @570 and want to buy 10 $ cheaper doesnt mean thath you have to spam this thread every time.

you were funny once, now just a common bitcointalk troll.
hero member
Activity: 504
Merit: 500
Moderator
Monster walls on Finex.  Still $23 million longs to purge! Is this the end? Cry

I fear so  Cry . Bye bye Bitcoin. Let´s hope that 150$ holds! AMEN
legendary
Activity: 2338
Merit: 1035
Monster walls at Finex.  Still $23 million longs to purge! Is this the end? Cry

bullish Smiley
legendary
Activity: 1428
Merit: 1000
Monster walls at Finex.  Still $23 million longs to purge! Is this the end? Cry
hero member
Activity: 812
Merit: 587
Space Lord
SPREAD ALL THE FUD!!!11

Non-related: I got a weird PM asking me why are all of my posts really short... Am I doing something wrong?
N12
donator
Activity: 1610
Merit: 1010
If you're going to panic, panic early! 
He who panics first panics best.
hero member
Activity: 504
Merit: 500
Moderator
If you're going to panic, panic early! 
newbie
Activity: 9
Merit: 0
We should go up today. The first point of resistance is about 590 dollars

https://www.tradingview.com/x/ciSAi0mb/
https://www.tradingview.com/x/Os6q5Blv/

A falling wedge usually breaks out at the top.

I'm see a small double bottom at 550. Price Target double bottom: The distance from the resistance breakout to trough lows can be added on top of the resistance break to estimate a target. This would imply that the bigger the formation is, the larger the potential advance. This gives us a target of 590. 590 has been a resistance point in the last few months.
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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