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Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 33264. (Read 26710653 times)

legendary
Activity: 1552
Merit: 1047
Well, sold some at $108.5 and bought back in. Only made 1 BTC, but hey, they say it will be worth $300k one day this year, perhaps it wasn't so bad after all. Now I just need to repeat this 99 more times and I'll have earned myself a supernode worth of coins.
legendary
Activity: 1106
Merit: 1026
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?
hero member
Activity: 811
Merit: 1000
Web Developer
I like to doodle on charts.

legendary
Activity: 1246
Merit: 1000
Inverted Hammer and Shooting Star

The Inverted Hammer and Shooting Star look exactly alike, but have different implications based on previous price action. Both candlesticks have small real bodies (black or white), long upper shadows and small or nonexistent lower shadows. These candlesticks mark potential trend reversals, but require confirmation before action.

The Shooting Star is a bearish reversal pattern that forms after an advance and in the star position, hence its name. A Shooting Star can mark a potential trend reversal or resistance level.

112-114 is a significant resistance level so it's not that strange it bounced off from that and we can see the resemblance of a shooting star candle forming on the D1. The day is not over yet though so the candle might look very differently in the end. It already looks more and more like a regular candle.
hero member
Activity: 518
Merit: 500
Ok so you were lucky and now want to try the same trick again. I will watch you panic buy at 110 tomorrow. Tongue

The fact is that it's too early for stable $110 now. But time will tell.  Grin

Why are your names so similar?

of course we are the same person! I'm trolling myself!  Grin
hero member
Activity: 634
Merit: 500
Ok so you were lucky and now want to try the same trick again. I will watch you panic buy at 110 tomorrow. Tongue

The fact is that it's too early for stable $110 now. But time will tell.  Grin

Why are your names so similar?
hero member
Activity: 518
Merit: 500
Ok so you were lucky and now want to try the same trick again. I will watch you panic buy at 110 tomorrow. Tongue

The fact is that it's too early for stable $110 now. But time will tell.  Grin

We need whales to erase their shit first. We need all people to be strong then. We need more time to forget the post-bubble stress. And we need more good news after that.
legendary
Activity: 2380
Merit: 1823
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legendary
Activity: 1246
Merit: 1000
Yeah yeah we know you sold at 100 freedomizer and want to buy back in at 50. Tough luck. Tongue

No, I bought at 102 and sold at 108.5 today  Tongue

Ok so you were lucky and now want to try the same trick again. I will watch you panic buy at 110 tomorrow. Tongue
legendary
Activity: 1442
Merit: 1000
Antifragile
Inverted Hammer and Shooting Star

The Inverted Hammer and Shooting Star look exactly alike, but have different implications based on previous price action. Both candlesticks have small real bodies (black or white), long upper shadows and small or nonexistent lower shadows. These candlesticks mark potential trend reversals, but require confirmation before action.

The Shooting Star is a bearish reversal pattern that forms after an advance and in the star position, hence its name. A Shooting Star can mark a potential trend reversal or resistance level. The candlestick forms when prices gap higher on the open, advance during the session and close well off their highs. The resulting candlestick has a long upper shadow and small black or white body. After a large advance (the upper shadow), the ability of the bears to force prices down raises the yellow flag. To indicate a substantial reversal, the upper shadow should relatively long and at least 2 times the length of the body. Bearish confirmation is required after the Shooting Star and can take the form of a gap down or long black candlestick on heavy volume.



Pretty close to this:

hero member
Activity: 518
Merit: 500
Yeah yeah we know you sold at 100 freedomizer and want to buy back in at 50. Tough luck. Tongue

No, I bought at 102 and sold at 108.5 today  Tongue
legendary
Activity: 1246
Merit: 1000
Yeah yeah we know you sold at 100 freedomizer and want to buy back in at 50. Tough luck. Tongue
hero member
Activity: 518
Merit: 500
Oh go on then, indulge us. What makes you so sure the price will drop now that mining difficulty has increased appropriately, Fincen declared they will leave us alone, $100 held true and all the other stuff.

good luck!  Wink
hero member
Activity: 518
Merit: 500
hero member
Activity: 854
Merit: 1000
the fact that the price is dropping?
member
Activity: 98
Merit: 10
Blah blah blah told you so go up blah blah  Cool

My advice: sell your coins while you can  Cool

Oh go on then, indulge us. What makes you so sure the price will drop now that mining difficulty has increased appropriately, Fincen declared they will leave us alone, $100 held true and all the other stuff.
legendary
Activity: 1414
Merit: 1000
Blah blah blah told you so go up blah blah  Cool

My advice: sell your coins while you can  Cool

I will have plenty of time to sell some @ $300
hero member
Activity: 518
Merit: 500
Blah blah blah told you so go up blah blah  Cool

My advice: sell your coins while you can  Cool
hero member
Activity: 564
Merit: 508

Early to say.
All in all it's risky, i re-bought the coins sold @110, so not much a deal.
The bet is the bottom being close enough.
Let's see.

EDIT: avg price 104,12.
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