Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 33294. (Read 26463421 times)
May 17, 2013, 11:02:00 PM
May 17, 2013, 10:58:50 PM
1700 pages and I still haven't noticed that Wall Observer is all about drawing lines on charts!
Don't worry, buddy; You'll get the hang of it!
May 17, 2013, 10:45:55 PM
Bulls time.
Choo choo.
May 17, 2013, 10:38:56 PM
1k wall moved from 123 to 124.
May 17, 2013, 10:20:29 PM
We're still in a fairly overbought position, which we've been in all day, since breaking through 120. I would guess there's easily room to get into 125 but breaking though I'm not so sure. Even if we managed, unless the wall at 126 is a fake, I just don't see how there's enough steam to push through. I'd look at the price maxing in the 125 range and easing it's way back down a bit, much like what it's done all day.
May 17, 2013, 10:12:12 PM
1k buy cleared out most of the asks to 125.
1k wall up at 123 now. Action soon maybe?
1k wall up at 123 now. Action soon maybe?
May 17, 2013, 10:07:55 PM
May 17, 2013, 10:00:27 PM
May 17, 2013, 09:58:52 PM
After 500 pages you still didn't notice that drawing lines on charts is a total waste of time when it comes to Bitcoin? I find that hard to believe.
Hey, it's just speculation, isn't it? Only for fun
More on symmetrical triangles as a continuation patterns:
http://www.online-stock-trading-guide.com/symmetrical-triangle.html
http://www.trending123.com/patterns/Symmetrical-Continuation-Triangle-Bearish-Chart-Pattern.html
May 17, 2013, 09:57:24 PM
Bids rising, asks dropping
May 17, 2013, 09:51:22 PM
Damn you Americanos ! Sell your Alt coins on BTC-E transfer the BTC to MT GOX and sell for a $10 gain ! Soooo jealous
And then - how do they get the USD in their hands? I think the spread is due to americans buying BTC at MtGox so they can move the BTC to some other exchange where they can more easily get their fiats transferred to US.
May 17, 2013, 09:49:51 PM
[/img]Should go south soon.
After 500 pages you still didn't notice that drawing lines on charts is a total waste of time when it comes to Bitcoin? I find that hard to believe.
May 17, 2013, 09:45:18 PM
Damn you Americanos ! Sell your Alt coins on BTC-E transfer the BTC to MT GOX and sell for a $10 gain ! Soooo jealous
And then - how do they get the USD in their hands? I think the spread is due to americans buying BTC at MtGox so they can move the BTC to some other exchange where they can more easily get their fiats transferred to US.
May 17, 2013, 09:42:44 PM
Your upper line is way off unfortunately.
Yes, the data is outdated. I fucking hate converting unixtime, so I do not do it regularily.
I think it is a triangle continuation pattern https://www.exness.com/education/technical_analysis/trend_continuation_patterns The price went above the upper trendline a bit. I think it is a false break out. Time will tell.
May 17, 2013, 09:35:40 PM
[/img]Should go south soon.
May 17, 2013, 09:35:34 PM
It's bound to grab onto some trend sooner or later, it doesn't have to always meet support or complete triangles. So it's not likely to continue with that support line if it doesn't need it anymore, and there isn't much of a resistance line.
May 17, 2013, 09:31:55 PM
Because...?
May 17, 2013, 09:28:06 PM
[/img]Should go south soon.
May 17, 2013, 09:26:05 PM
May 17, 2013, 09:05:24 PM
Chartbuddy has nothing to say, apparently.
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