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Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 33263. (Read 26710653 times)

legendary
Activity: 1246
Merit: 1000
Pretty little cup forming.

The handle is on the wrong side.

The handle is still forming. Smiley

I see no handles, only a movement downwards approaching.

You need to factor that rpietila sold low and bought high earlier today, that has to mean something Cheesy

You only see what your fiat wants you to see. Tongue And rpietila is just being rpietila.
legendary
Activity: 1148
Merit: 1018
Pretty little cup forming.

The handle is on the wrong side.

The handle is still forming. Smiley

I see no handles, only a movement downwards approaching.

You need to factor that rpietila sold low and bought high earlier today, that has to mean something Cheesy
legendary
Activity: 1106
Merit: 1026
legendary
Activity: 1246
Merit: 1000
Question to everybody:

How did your sentiment change after today? Would you rate it more bullish or bearish to see the price rise quite fast from 98-100 to 113 and drop back down to 104-106?

The pullback didn't really surprise me, it pulled back a bit more than I expected but I think the rally will continue soon. I am bullish for the next couple of weeks at least, I think we'll touch 125 at least before heading into bearish territory again. I don't think we're ready to go outside the 100-135 range though within the next couple of months.
hero member
Activity: 518
Merit: 500
To da moon!



my prediction for in few hours: weeeee...
sr. member
Activity: 434
Merit: 250
Ah, right.
Bitcoin is still in its toddler stage.  Wink
legendary
Activity: 1904
Merit: 1037
Trusted Bitcoiner
sr. member
Activity: 434
Merit: 250
Pretty little cup forming.

The handle is on the wrong side.
hero member
Activity: 811
Merit: 1000
Web Developer
Pretty little cup forming.
legendary
Activity: 1193
Merit: 1003
9.9.2012: I predict that single digits... <- FAIL
The weak hands are soon emptied...

I've read that twice a week for the last 3 months or so.

3 months ago, we hadn't touched 100 for the first time. More hands become weaker when the price goes up. But soon they will be sold out again...
legendary
Activity: 1554
Merit: 1000
The weak hands are soon emptied...

I've read that twice a week for the last 3 months or so.

and you will keep reading it..

......over and over again.
hero member
Activity: 841
Merit: 1000
China about to wake-up, let's see if their exchanges are gonna lead just like this morning ( UTC )
hero member
Activity: 490
Merit: 500
The weak hands are soon emptied...

I've read that twice a week for the last 3 months or so.

and you will keep reading it..
hero member
Activity: 672
Merit: 500
The weak hands are soon emptied...

I've read that twice a week for the last 3 months or so.
legendary
Activity: 1106
Merit: 1026
today it seems like a remote possibility

Today was important, because it broke the downtrend channel from 136 and delievered confidence.

But you can have two viewpoints: it was a deserate try to move up which failed or you say today was the first baby step outside again. Two steps ahead, one step back.. Smiley
hero member
Activity: 518
Merit: 500
we touched 99.99 @ bitstamp 15 minutes ago
legendary
Activity: 1442
Merit: 1000
Antifragile
Question to everybody:

How did your sentiment change after today? Would you rate it more bullish or bearish to see the price rise quite fast from 98-100 to 113 and drop back down to 104-106?

I think the day is described by the day. We apparently are coming out of a down trend where many people (including me) are short term bearish.
The big up to the day was short term bullish (all things considered) but that pullback was a confirmation of what we already thought we were in. See my post above, clear reversal signal.
Volume is key (however I must say this market is easily manipulated).
Anyway, I say we are moving down as originally planned.
The question is when (if our hunches are right).

IAS
legendary
Activity: 1193
Merit: 1003
9.9.2012: I predict that single digits... <- FAIL
The weak hands are soon emptied...
legendary
Activity: 1904
Merit: 1037
Trusted Bitcoiner
Question to everybody:

How did your sentiment change after today? Would you rate it more bullish or bearish to see the price rise quite fast from 98-100 to 113 and drop back down to 104-106?

at first my prediction was unbelievable, even bullish people were loling at me

today it seems like a remote possibility

tomorrow....

well you get the picture.  Wink
legendary
Activity: 2478
Merit: 1362
Today for a while I started to increase the number of long short term positions.
I except a resistance @110$ and trading range 105/110 (+/- 1).

Sounds right for you?
I stuck to my plans. Sold at 111 from 104 almost allin, then shorted (20%) from 109 to 106. Now I except boring noise and low volumes. Double quick wins today.
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