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Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 33378. (Read 26497564 times)

legendary
Activity: 2352
Merit: 1819
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
newbie
Activity: 56
Merit: 0
Large volume purchases help in the LONG but not in the SHORT.
I suspect we see sub 100 before we see 150.  JMO! Wink

52k to go under 100 and 42k to go on 150. it's tight but why not.
full member
Activity: 462
Merit: 101
A Top Web 3 Gaming Layer2 Provider
Nice to see I called it right to sell at 127 (bitstamp)  Cheesy
Now if I just knew how low it goes...  Roll Eyes

Btw.: I decided based on technical analyses as well. It was telling me we were and are in a downward trend.
What it (obviously) can't tell me is when the trend will break.  Tongue

What is up with the bitstamp feed at bitcoinity though? It's dead for me, while the one for mt.gox is working fine  Undecided

Edit: Wow, that was quite a buy! about 2kBTC upwards in one go, right through 128!


Wait, your TA didn't predict that??

TA should have told him that the best point to sell was yesterday at $133, to then rebuy at $125ish, as per here (price was $133 at that point):

Testing again $125 is expected (if I weren't all in ATM I would place a bid at $125.79 or similar), but I don't think we will break $125. If we don't break it, is bullish sign. If we break-it, is definitely short term bearish.

What the TA cannot tell you is: will we test again $125? I think yes, but impossible to know reading TA. We will break it? I think not, but it's 50/50 chance. Anyhow, as I love coins more than fiat, I wouldn't sell again the coins bought back at $125ish.

+1
legendary
Activity: 1246
Merit: 1000
The movement is undecided, which means we are still in a downward trend.
The 2kBTC buy is enough to make us go up in the short term (which means I rebought at 125[bitstamp]  Grin), but whether it will be enough to start a trend reversal? No idea what so ever...

Well I don't see any trend at all, only that the upward trend has been put to a stop. One or a few people decided to dump a large amount of coins yesterday bringing us from $133-135 to $125-130 and we've been trading sideways within that range since then. We're back to where we were last Friday, and I'm not really sure where we go from here. Perhaps consolidation again for a couple of days.
newbie
Activity: 48
Merit: 0
Large volume purchases help in the LONG but not in the SHORT.
I suspect we see sub 100 before we see 150.  JMO! Wink
legendary
Activity: 1148
Merit: 1018
Nice to see I called it right to sell at 127 (bitstamp)  Cheesy
Now if I just knew how low it goes...  Roll Eyes

Btw.: I decided based on technical analyses as well. It was telling me we were and are in a downward trend.
What it (obviously) can't tell me is when the trend will break.  Tongue

What is up with the bitstamp feed at bitcoinity though? It's dead for me, while the one for mt.gox is working fine  Undecided

Edit: Wow, that was quite a buy! about 2kBTC upwards in one go, right through 128!


Wait, your TA didn't predict that??

TA should have told him that the best point to sell was yesterday at $133, to then rebuy at $125ish, as per here (price was $133 at that point):

Testing again $125 is expected (if I weren't all in ATM I would place a bid at $125.79 or similar), but I don't think we will break $125. If we don't break it, is bullish sign. If we break-it, is definitely short term bearish.

What the TA cannot tell you is: will we test again $125? I think yes, but impossible to know reading TA. We will break it? I think not, but it's 50/50 chance. Anyhow, as I love coins more than fiat, I wouldn't sell again the coins bought back at $125ish.
sr. member
Activity: 462
Merit: 250
sr. member
Activity: 252
Merit: 250
Those 3 500 "Walls" just got bought... Don't make me say I told you so...
Rocket, Departing...

hero member
Activity: 672
Merit: 500
Nice to see I called it right to sell at 127 (bitstamp)  Cheesy
Now if I just knew how low it goes...  Roll Eyes

Btw.: I decided based on technical analyses as well. It was telling me we were and are in a downward trend.
What it (obviously) can't tell me is when the trend will break.  Tongue

What is up with the bitstamp feed at bitcoinity though? It's dead for me, while the one for mt.gox is working fine  Undecided

Edit: Wow, that was quite a buy! about 2kBTC upwards in one go, right through 128!


Wait, your TA didn't predict that??
member
Activity: 70
Merit: 10
The movement is undecided, which means we are still in a downward trend.
The 2kBTC buy is enough to make us go up in the short term (which means I rebought at 125[bitstamp]  Grin), but whether it will be enough to start a trend reversal? No idea what so ever...
legendary
Activity: 1246
Merit: 1000
Btw.: I decided based on technical analyses as well. It was telling me we were and are in a downward trend.
What it (obviously) can't tell me is when the trend will break.  Tongue

To speak about a real downward trend $120 has to be broken first, so far even $125 holds itself pretty damn well.
sr. member
Activity: 462
Merit: 250
Those 3 500 "Walls" just got bought... Don't make me say I told you so...
Rocket, Departing...
legendary
Activity: 1106
Merit: 1026
Bullish as I am, I'd say the range between now and ~122 (50 % of 166-79, much support in the past) is good to buy, but on the other hand, the last direction was down and right now there is an undecidedness which is usually a trend confirmation, but far away from "always". Even more complicated is the fact, that the last big down move wasn't a trend, but more than less the action of one dump.

What do you think?

Edit: I can confirm, bitcoinity lost Bitstamp, but the API is working fine.
member
Activity: 70
Merit: 10
Nice to see I called it right to sell at 127 (bitstamp)  Cheesy
Now if I just knew how low it goes...  Roll Eyes

Btw.: I decided based on technical analyses as well. It was telling me we were and are in a downward trend.
What it (obviously) can't tell me is when the trend will break.  Tongue

What is up with the bitstamp feed at bitcoinity though? It's dead for me, while the one for mt.gox is working fine  Undecided

Edit: Wow, that was quite a buy! about 2kBTC upwards in one go, right through 128!
legendary
Activity: 1904
Merit: 1037
Trusted Bitcoiner
legendary
Activity: 1904
Merit: 1037
Trusted Bitcoiner
good morning bitcoin

this day to save a world from mysticism and tyranny, and usher in a future brighter then we can imagine; to victory!!!!!!!

http://youtu.be/0lhpl8Ajxzk
legendary
Activity: 1246
Merit: 1000
Price is slowly creeping up again together with the fiat on the books, I feel a buying spree coming on soon...

lol

Hey it's gonna happen sooner or later. Tongue Oh well my fiat is on its way, hope the price stays down for a little while longer. Smiley
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