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Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 27906. (Read 26623557 times)

legendary
Activity: 3934
Merit: 11405
Self-Custody is a right. Say no to"Non-custodial"

Explanation 1:  The candle will be red if the exit price is lower than the entrance price and the candle will be green if the exit price is higher than the entrance price.

Regarding Explanation 1: If the thick part of the candles reflects the price entrance and exit points,  sometimes the thick part of the candle does NOT seem to match with the supposed price entrance and exit points... b/c the exit of one candle does NOT match up with the entrance of the next candle or possibly with the entrance into the next candle after that... or the thick portion of the candle is just sitting aloof and not connected to either side..   Something seems to be wrong with my understanding of these candles b/c frequently the thick parts of the candles do NOT seem to match up.  
The candle is born when the first trade is made, creating the "entrance point": the start of the candle is determined by the first trade in that time period. Sometimes the first trade is performed at quite a different price to the last price (exit point) of the previous candle. Hence, the gap.

This is frequent at illiquid or low-volume markets like this one: https://btc-e.com/exchange/usd_cnh

It's all beginning to sink in for me, now...  ..... I am NOT sure whether it will improve my buying and selling success, but at least i will understand, a little better, what I am looking at.
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
legendary
Activity: 1904
Merit: 1037
Trusted Bitcoiner
legendary
Activity: 2044
Merit: 1005
Well that pump was over quick.

Yesterday Rpietila mentioned that there may be a large "entity" or whale that was testing the market.  Perhaps this is what the pumping and dumping is all about?  Rumors are that this entity wants to purchase 1% of the Bitcoin market!  Shocked  I hope the "testing" ends quickly and the buying begins promptly.  Grin

Sorry, i don't care about what trolls like him say.
Everything he says is for his own gains. Better is just to ignore it.

Not sure what you mean, hes been calling for a bottom since $400 hit last time for a month... maybe you are thinking he wants to cut hsi losses here... but that doesn't make any sense because I doubt he would sell for cheaper than he bought.  You need to critically think about your post to see if it makes sense before flaming someone.
member
Activity: 105
Merit: 10
lez go, to 460 and beyond!

Maybe in next 12h... I do not predict that it will be faster than this.
nonsense

 we are moments away!

I can feel in in my bones
legendary
Activity: 3934
Merit: 11405
Self-Custody is a right. Say no to"Non-custodial"
in bitcoinwisdom, we can choose "candlestick" or "candlestickHLC"  Does anyone know the difference?  Coinhamster: you are saying that candlestickHLC is explanation 1, but then what is "candlestick"?


=> https://bitcointalk.org/index.php?topic=190722.300

That definitely clears up the issue for me, and NOW, I see why I was having confusion with the regular candlestick b/c I was thinking that the bars should be represented as a candlestickHLC in order to logically make more sense in my head.  Accordingly, candlestickHLC is almost like using the exit and entrance transaction price in each 30 minute period (if that is the setting) in order that the periods flow together... which makes more sense for me.. even though such a flow is a little bit of an artificial construction.
sr. member
Activity: 263
Merit: 250
So given how this thread is always on-topic, I would like to hear a few reasons for and against NXT, if you ladies and gentlemen have an opinion on the matter.
hero member
Activity: 672
Merit: 500
Well that pump was over quick.

Yesterday Rpietila mentioned that there may be a large "entity" or whale that was testing the market.  Perhaps this is what the pumping and dumping is all about?  Rumors are that this entity wants to purchase 1% of the Bitcoin market!  Shocked  I hope the "testing" ends quickly and the buying begins promptly.  Grin

Sorry, i don't care about what trolls like him say.
Everything he says is for his own gains. Better is just to ignore it.
legendary
Activity: 1904
Merit: 1037
Trusted Bitcoiner
lez go, to 460 and beyond!

Maybe in next 12h... I do not predict that it will be faster than this.
nonsense

 we are moments away!
legendary
Activity: 2212
Merit: 1199
lez go, to 460 and beyond!

Maybe in next 12h... I do not predict that it will be faster than this.
legendary
Activity: 1148
Merit: 1001
Well that pump was over quick.

Yesterday Rpietila mentioned that there may be a large "entity" or whale that was testing the market.  Perhaps this is what the pumping and dumping is all about?  Rumors are that this entity wants to purchase 1% of the Bitcoin market!  Shocked  I hope the "testing" ends quickly and the buying begins promptly.  Grin
hero member
Activity: 686
Merit: 500
Ultranode
Never a good idea to buy before the all too frequent Thursday crash.

man, you are the oracle. this turned around pretty quickly.

Walsoraj , the oracle!?

bitcoin is doomed!!!



confirmed.
hero member
Activity: 672
Merit: 500
Well that pump was over quick.
legendary
Activity: 1904
Merit: 1037
Trusted Bitcoiner
Never a good idea to buy before the all too frequent Thursday crash.

man, you are the oracle. this turned around pretty quickly.

Walsoraj , the oracle!?

bitcoin is doomed!!!

newbie
Activity: 44
Merit: 0
Never a good idea to buy before the all too frequent Thursday crash.

man, you are the oracle. this turned around pretty quickly.
legendary
Activity: 1904
Merit: 1037
Trusted Bitcoiner
hero member
Activity: 496
Merit: 500
Spanish Bitcoin trader

Explanation 1:  The candle will be red if the exit price is lower than the entrance price and the candle will be green if the exit price is higher than the entrance price.

Regarding Explanation 1: If the thick part of the candles reflects the price entrance and exit points,  sometimes the thick part of the candle does NOT seem to match with the supposed price entrance and exit points... b/c the exit of one candle does NOT match up with the entrance of the next candle or possibly with the entrance into the next candle after that... or the thick portion of the candle is just sitting aloof and not connected to either side..   Something seems to be wrong with my understanding of these candles b/c frequently the thick parts of the candles do NOT seem to match up.  
The candle is born when the first trade is made, creating the "entrance point": the start of the candle is determined by the first trade in that time period. Sometimes the first trade is performed at quite a different price to the last price (exit point) of the previous candle. Hence, the gap.

This is frequent at illiquid or low-volume markets like this one: https://btc-e.com/exchange/usd_cnh
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