Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 28406.

nrd525

legendary

Activity: 1868

Merit: 1023

Quote from: jonoiv on April 06, 2014, 08:39:54 AM

The volume on stamp is tiny. it's not big on btc-e.

Like it or not Huobi and Chinese exchanges are dictating the price movements. There are plenty that don't want to sleep on BTC. it's 21:37 in China as i write. As others have pointed out it's a national holiday.

I think there is about a 3 hour window before a bigger dump starts.

Just my opinion...

Bobby Lee, BTC-China CEO, says that most of the Chinese volume is faked.

Hypnoise

full member

Activity: 152

Merit: 100

Quote from: ?? on ??

Hello all, long time without posting here. Are the bears gone finally? Time for bulls to show up?

I'm feeling a little bullish... Grin

sure, but the bull at the moment appears to be rather unhealthy thin

EuroTrash

hero member

Activity: 728

Merit: 500

Comparing 1D volume trends Huobi vs Stamp, it looks like this rally is, once more, Chinese led.

jonoiv

hero member

Activity: 966

Merit: 526

🐺Dogs for President🐺

Quote from: jonoiv on April 06, 2014, 01:49:32 PM

Quote from: EuroTrash on April 06, 2014, 01:37:10 PM

Care to explain the logic you used to lay those lines?

that really made me lol.

Edit. It's been bouncing off that line since 12th Dec.

It's only been above it only once for any sustained period, after the Gox made the bankrupt statement. the price rested on it before dropping under it again after the next "China Ban" news.

As you will notice, it's there again but fails to get through it. Im not saying it won't break it again, but there is strong resistance on this line.

If it breaks this line, you will see a strong bullish surge. like wise if it fails, then, there will be another sell off. (small or big)

aminorex

legendary

Activity: 1596

Merit: 1030

Sine secretum non libertas

Quote from: Davyd05 on April 05, 2014, 10:10:46 PM

Rpiella sounding statement, true none the less

rpietila statements are among the most reliable guides for the perplexed seeking to profit from btc prices. they do require patience.

dreamspark

hero member

Activity: 798

Merit: 1000

Quote from: ?? on ??

Hello all, long time without posting here. Are the bears gone finally? Time for bulls to show up?

I'm feeling a little bullish... Grin

Quite the opposite, some of our most hardened bulls have turned bearish at the strangest of time.

podyx

legendary

Activity: 2338

Merit: 1035

Quote from: nrd525 on April 06, 2014, 01:50:37 PM

Martingalers lose their entire stash all the time on just-dice.com. I'm not sure what the record is for losing 50/50 bets in a row, but it is something very high like 15+.

must be more

go in the casino and u have about 0.003% chance to lose 15 in a row and thats not a very small chance

nrd525

legendary

Activity: 1868

Merit: 1023

Martingalers lose their entire stash all the time on just-dice.com. I'm not sure what the record is for losing 50/50 bets in a row, but it is something very high like 15+.

jonoiv

hero member

Activity: 966

Merit: 526

🐺Dogs for President🐺

Quote from: EuroTrash on April 06, 2014, 01:37:10 PM

Care to explain the logic you used to lay those lines?

that really made me lol.

Edit. It's been bouncing off that line since 12th Dec.

It's only been above it only once for any sustained period, after the Gox made the bankrupt statement. the price rested on it before dropping under it again after the next "China Ban" news.

As you will notice, it's there again but fails to get through it. Im not saying it won't break it again, but there is strong resistance on this line.

dreamspark

hero member

Activity: 798

Merit: 1000

Im feeling pretty bullish short term based on the general price increase over the weekend. A fourth green daily candle and a 1d MACD cross could see the party get started.

thefunkybits

legendary

Activity: 1218

Merit: 1000

Quote from: EuroTrash on April 06, 2014, 01:37:10 PM

Care to explain the logic you used to lay those lines?

EuroTrash

hero member

Activity: 728

Merit: 500

Care to explain the logic you used to lay those lines?

jonoiv

hero member

Activity: 966

Merit: 526

🐺Dogs for President🐺

Quote from: jonoiv on April 06, 2014, 01:24:34 PM

Quote from: podyx on April 06, 2014, 01:19:45 PM

choo choo

Huobi is bang on the trend line now. It needs to break 2880 . it's at 2869 now and needs another 635 BTC to move up just 11 CNY.

If it fails it's bounced off the trend line twice, thats pretty bearish. if it succeeds then I'll buy.

igorr

sr. member

Activity: 406

Merit: 250

Quote from: thefunkybits on April 06, 2014, 01:25:28 PM

Quote from: igorr on April 06, 2014, 01:20:31 PM

Need the price about $800 to reverse trend

$650 on stamp by Friday would be enough for me...we gotta go hard and fast (4 day EMA and 1 day MACD cross may trip off some bots for us

)

I know, you need $650 to catch the good shorting position.

thefunkybits

legendary

Activity: 1218

Merit: 1000

Quote from: igorr on April 06, 2014, 01:20:31 PM

Need the price about $800 to reverse trend

$650 on stamp by Friday would be enough for me...we gotta go hard and fast (4 day EMA and 1 day MACD cross may trip off some bots for us

)

jonoiv

hero member

Activity: 966

Merit: 526

🐺Dogs for President🐺

Quote from: podyx on April 06, 2014, 01:19:45 PM

choo choo

Huobi is bang on the trend line now. It needs to break 2880 . it's at 2869 now and needs another 635 BTC to move up just 11 CNY.

If it fails it's bounced off the trend line twice, thats pretty bearish. if it succeeds then I'll buy.

igorr

sr. member

Activity: 406

Merit: 250

Need the price about $800 to reverse trend or below $300 usd to further strengthen downward trend.

image upload

podyx

legendary

Activity: 2338

Merit: 1035

choo choo

thefunkybits

legendary

Activity: 1218

Merit: 1000

Anybody home? If we don't break 500 this time im gonna lose it Roll Eyes

Technicals are looking sexy

JayJuanGee

legendary

Activity: 3920

Merit: 11299

Self-Custody is a right. Say no to"Non-custodial"

Quote from: billyjoeallen on April 06, 2014, 08:58:17 AM

Four days volume descending like a staircase. You'd think there would be a battle over these coins running a $15 discount over last night,>60% discount from the ATH. The only demand I see is people like me waiting to buy back the same coins we dumped 12 hours ago.

There are other people like you... Huh

OM F'ng G!!!

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