I don't know dick about bullish or bear sjit.
But are we starting another rise ? pretty bored.
Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 27281. (Read 26619982 times)
June 07, 2014, 07:36:53 AM
June 07, 2014, 07:19:33 AM
Bull pennant break up point is $658 (stamp). 
Eaten
Now it's huobi's turn to put a wall! 
Eaten
June 07, 2014, 07:13:57 AM
Now it's huobi's turn to put a wall!
June 07, 2014, 07:11:38 AM
Altcoins are created so they could take your bitcoins away. Don't let them do it.
June 07, 2014, 07:10:47 AM
Can anyone tell me where do you guys watch btc walls. On stamp ?
I'm new to this wall thing.
I'm new to this wall thing.
Welcome sir, I am kinda new here myself. On top of bitcoinity.org, I also recommend bitcointicker.co and bitcoinwisdom.com. Also, if you need an alarm for bitcoin price alerts check out bitcoinbeeper.com, it's a very useful tool.
Thank's for the recommendation
The top right graph on this page http://bitcointicker.co/transitions/ allows you to zoom in and out of the depth, and animates it's movement.
June 07, 2014, 07:06:27 AM
This was clearly a scary wall that got eaten a bit. He bought now back after he took wall down.
Well spotted!
He bought the coins queuing up beneath his scary wall to about the number that were eaten out of his wall, and now he has removed his wall. That tells us that the owner of this Wall, wants Bitcoins, not USD at this point in time.
Still likely to be a very sticky market until some whale starts eating chunks out of the Ask Wall.....when/if that happens, it should take the Weekly MACD into crossover territory which could instigate a bit of a lift off over the coming couple of weeks.
June 07, 2014, 07:01:30 AM
By the way, I believe that historically, it has been more common for weekends to be slower and lower volume and dump rather than rising periods, so in that regard the last two weekends of rallies were probably more flukes than anything.
There are probably a lot of long time posters here that can say more particularly if they believe weekends to be a dumping time or a pumping time and if there is pumping, it would be more in line with the very end of the weekend rather than the beginning or the middle of the weekend.
Why rely on belief? Historical market data is freely available, any trend like the weekend slump should be visible there.
June 07, 2014, 07:01:08 AM
June 07, 2014, 07:01:06 AM
This was clearly a scary wall that got eaten a bit. He bought now back after he took wall down.
June 07, 2014, 06:59:46 AM
Wall gone, let's rally!!!
June 07, 2014, 06:58:50 AM
Wall down.
June 07, 2014, 06:50:22 AM
[...]
..., I predicted in this thread that we would test $635, and that with the next test of the resistance line would be the break out, as Wally the Wall Guy either removes or buys up his own wall on the break out.
]...]
..., I predicted in this thread that we would test $635, and that with the next test of the resistance line would be the break out, as Wally the Wall Guy either removes or buys up his own wall on the break out.
]...]
i agree, $635 is my prediction too
June 07, 2014, 06:27:15 AM
Seems like we are below support... This is not looking bullish to me. Hopefully just a pause in the rally
You are still using that totally wrong chart. We are no longer on an uptrend phase. We don't need a trendline from the $460-$480 uptrend to tell us that has finished and that we are now consolidating.
Here is the one I am looking at and based upon the grounds that I think all this pennant price action is whale engineered hookeyness, I predicted in this thread that we would test $635, and that with the next test of the resistance line would be the break out, as Wally the Wall Guy either removes or buys up his own wall on the break out.
Of course, Wally the Wall Guy hasn't budged. Perhaps he is sleeping. Perhaps he was genuinely trying to sell and in his noobishness, erected his walls in a manner that drove the price down? Either way, that wall needs to be either pulled, or much more bullishly devoured by either Wally himself, or pressure building up in the wider market.
June 07, 2014, 06:01:06 AM
June 07, 2014, 06:00:11 AM
DON'T BUY ALTCOINS! you morons!
I wish I took this advice a week ago
Mostly altcoins are just shit, Pumping and Dumping game.
Auroracoin, quark, darkcoin are not pump and dumps
June 07, 2014, 05:57:41 AM
DON'T BUY ALTCOINS! you morons!
I wish I took this advice a week ago
Mostly altcoins are just shit, Pumping and Dumping game.
June 07, 2014, 05:52:54 AM
Seems like we are below support... This is not looking bullish to me. Hopefully just a pause in the rally
edited**refer to original for graph hate the wasted space scrolling**-Davyd05
edited**refer to original for graph hate the wasted space scrolling**-Davyd05
Sitting just below my 38.6% @ 654 3D fib lvl retracing from the peak of dec to the low of april.
Perhaps a calm weekend with a strong weekday, or sideways as confidence builds at higher price points
sideways would be OK for me, but we are also below the decending resistance line...
(If that line would become support, a sideways trend would be the outcome.
I agree sideways for a few weeks may be healthy... b/c at some point, the public and various new investors and/or peeps on the sideline are reconsidering their prior bearish sentiments.. then the conversion and transition into bull status may be better to take place slowly.
By the way, I believe that historically, it has been more common for weekends to be slower and lower volume and dump rather than rising periods, so in that regard the last two weekends of rallies were probably more flukes than anything.
There are probably a lot of long time posters here that can say more particularly if they believe weekends to be a dumping time or a pumping time and if there is pumping, it would be more in line with the very end of the weekend rather than the beginning or the middle of the weekend.
June 07, 2014, 05:51:22 AM
DON'T BUY ALTCOINS! you morons!
I wish I took this advice a week ago
June 07, 2014, 05:01:41 AM
Seems like we are below support... This is not looking bullish to me. Hopefully just a pause in the rally
edited**refer to original for graph hate the wasted space scrolling**-Davyd05
edited**refer to original for graph hate the wasted space scrolling**-Davyd05
Sitting just below my 38.6% @ 654 3D fib lvl retracing from the peak of dec to the low of april.
Perhaps a calm weekend with a strong weekday, or sideways as confidence builds at higher price points
sideways would be OK for me, but we are also below the decending resistance line...
(If that line would become support, a sideways trend would be the outcome.
June 07, 2014, 05:01:07 AM
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