Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 31140. (Read 26609043 times)
December 11, 2013, 12:35:17 PM
yeah, tits are good call too.
December 11, 2013, 12:35:08 PM
I just back from work and seeing that bitcoin fell about 100$ today, could anyone tell me what caused that? Any bank banned bitcoin?
we call it the ebb and flow of a developing market..
Another thought the loop shape from last Friday is awful similar to those double tops lol in reverse
December 11, 2013, 12:34:29 PM
Looks like reverse ass to me 
Probably. Or reverse tits.
December 11, 2013, 12:32:54 PM
I just back from work and seeing that bitcoin fell about 100$ today, could anyone tell me what caused that? Any bank banned bitcoin?
December 11, 2013, 12:32:43 PM
Yes it could go up from here (not likely), but it can't be called a reverse head and shoulders, due to the all time high as the middle peak. do you follow what i'm saying?
It doesn't matter, ATH or not ATH for the middle peak.
The middle peak of a H&S pattern is almost always a top of a trend.
Yes it matters!
If one of the peaks is the all time high, then how can there be a REVERSAL PATTERN? The reverse head and shoulders is a reversal pattern formed after a long downtrend, showing that the market has been moving down for a long period and is reversing to go back up. we are at the end of a long uptrend. and the 1d chart referred to shows a potential head and shoulders. the second peak being the all time high.
I mean H&S as trend reversal pattern, not reverse H&S. Sorry, didn't understand correctly the previous posts.
December 11, 2013, 12:32:30 PM
China is climbing back on its own..hmmmmm.
December 11, 2013, 12:32:27 PM
Why is there a double head? One of those two headed ogres in WoW?
lulz bitcoin brings new life to TA everday
Looks like reverse ass to me
December 11, 2013, 12:29:57 PM
Why is there a double head? One of those two headed ogres in WoW?
Double heads are possible in H&S patterns. Nothing wrong here.
It also provides a much stronger reversal signal: Double top + H&S.
December 11, 2013, 12:28:59 PM
Why is there a double head? One of those two headed ogres in WoW?
lulz bitcoin brings new life to TA everday
December 11, 2013, 12:28:19 PM
Wisdom works for me. Tradingview doesn't though.
December 11, 2013, 12:26:00 PM
Anyone good a reliable ticker for gox just now - my regular ones (wisdom and ticker) are not showing prices properly!
bitcoinity
Thanks I need a second opinion!
December 11, 2013, 12:25:48 PM
Yes it could go up from here (not likely), but it can't be called a reverse head and shoulders, due to the all time high as the middle peak. do you follow what i'm saying?
It doesn't matter, ATH or not ATH for the middle peak.
The middle peak of a H&S pattern is almost always a top of a trend.
Yes it matters!
If one of the peaks is the all time high, then how can there be a REVERSAL PATTERN? The reverse head and shoulders is a reversal pattern formed after a long downtrend, showing that the market has been moving down for a long period and is reversing to go back up. we are at the end of a long uptrend. and the 1d chart referred to shows a potential head and shoulders. the second peak being the all time high.
I mean H&S as trend reversal pattern, not reverse H&S. Sorry, didn't understand correctly the previous posts.
Why is there a double head? One of those two headed ogres in WoW?
December 11, 2013, 12:25:41 PM
Yes it could go up from here (not likely), but it can't be called a reverse head and shoulders, due to the all time high as the middle peak. do you follow what i'm saying?
It doesn't matter, ATH or not ATH for the middle peak.
The middle peak of a H&S pattern is almost always a top of a trend.
Yes it matters!
If one of the peaks is the all time high, then how can there be a REVERSAL PATTERN? The reverse head and shoulders is a reversal pattern formed after a long downtrend, showing that the market has been moving down for a long period and is reversing to go back up. we are at the end of a long uptrend. and the 1d chart referred to shows a potential head and shoulders. the second peak being the all time high.
We are clearly talking about different timeframes.
I was talking about short term.
Fair enough! one mans 15min Bull flag is anothers 1 hour bear flag.
I was gonna sell at 970+ on cavirtex would've been wise. but alas I really would' prefer to just let the market be while I do other more important things like drink shots of tequila with Tabasco sauce
December 11, 2013, 12:24:36 PM
Anyone good a reliable ticker for gox just now - my regular ones (wisdom and ticker) are not showing prices properly!
bitcoinity
December 11, 2013, 12:23:18 PM
Anyone good a reliable ticker for gox just now - my regular ones (wisdom and ticker) are not showing prices properly!
EDIT: Ah - maybe as the API is off, the bots aren't working - hence odd look
EDIT: Ah - maybe as the API is off, the bots aren't working - hence odd look
December 11, 2013, 12:22:30 PM
Yes it could go up from here (not likely), but it can't be called a reverse head and shoulders, due to the all time high as the middle peak. do you follow what i'm saying?
It doesn't matter, ATH or not ATH for the middle peak.
The middle peak of a H&S pattern is almost always a top of a trend.
Yes it matters!
If one of the peaks is the all time high, then how can there be a REVERSAL PATTERN? The reverse head and shoulders is a reversal pattern formed after a long downtrend, showing that the market has been moving down for a long period and is reversing to go back up. we are at the end of a long uptrend. and the 1d chart referred to shows a potential head and shoulders. the second peak being the all time high.
We are clearly talking about different timeframes.
I was talking about short term.
Fair enough! one mans 15min Bull flag is anothers 1 hour bear flag.
December 11, 2013, 12:18:30 PM
Yes it could go up from here (not likely), but it can't be called a reverse head and shoulders, due to the all time high as the middle peak. do you follow what i'm saying?
It doesn't matter, ATH or not ATH for the middle peak.
The middle peak of a H&S pattern is almost always a top of a trend.
Yes it matters!
If one of the peaks is the all time high, then how can there be a REVERSAL PATTERN? The reverse head and shoulders is a reversal pattern formed after a long downtrend, showing that the market has been moving down for a long period and is reversing to go back up. we are at the end of a long uptrend. and the 1d chart referred to shows a potential head and shoulders. the second peak being the all time high.
I mean H&S as trend reversal pattern, not reverse H&S. Sorry, didn't understand correctly the previous posts.
December 11, 2013, 12:16:45 PM
It may seems "bearish" in the short-term, but even if we go down to the 500s again it would be extremely bullish in the mid/long-term... imo a correction now would be really healthy
translation : your order just got filled at $900....
December 11, 2013, 12:15:39 PM
Yes it could go up from here (not likely), but it can't be called a reverse head and shoulders, due to the all time high as the middle peak. do you follow what i'm saying?
It doesn't matter, ATH or not ATH for the middle peak.
The middle peak of a H&S pattern is almost always a top of a trend.
Yes it matters!
If one of the peaks is the all time high, then how can there be a REVERSAL PATTERN? The reverse head and shoulders is a reversal pattern formed after a long downtrend, showing that the market has been moving down for a long period and is reversing to go back up. we are at the end of a long uptrend. and the 1d chart referred to shows a potential head and shoulders. the second peak being the all time high.
We are clearly talking about different timeframes.
I was talking about short term.
December 11, 2013, 12:14:34 PM
RTBTC doesn't get good feed from bitstamp, api problem, anyone?
Bicoinwisdom also looks weird - long lag - very slow movement - just odd.
Hope Gox isn't flipping out - won't be pretty if it does it now
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