Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 33556. (Read 26460963 times)
May 03, 2013, 05:10:35 PM
$94
May 03, 2013, 05:07:52 PM
Let's throw random numbers and see who's gonna be right on monday then?
I'm calling $65, Monday. 8PM UTC.
I'm calling $65, Monday. 8PM UTC.
Potato by Smarch 33rd.
But seriously, I'm going to randomly guess 94.30 by Monday 8pm
May 03, 2013, 05:07:21 PM
69$
May 03, 2013, 05:07:14 PM
125
May 03, 2013, 05:03:50 PM
105
May 03, 2013, 05:03:09 PM
Let's throw random numbers and see who's gonna be right on monday then?
I'm calling $65, Monday. 8PM UTC.
I'm calling $65, Monday. 8PM UTC.
May 03, 2013, 05:00:23 PM
Quote
we've reached a short-term bottom. rebound is likely,
Your analysis makes me feel comfortable with a prudent-sized profit-taking limit order for the weekend positioned in front of the ask wall at $105, using some of the lots bought at $87 and $80.
Based solely upon a comparison with the corresponding August 1, 2011 capitulation, I believe that this bottom of this capitulation could still be two or three days away, i.e. Monday, and could also feature a 15% culminating selling blow-off as did the comparison. And most importantly, I believe that this bottom is not the post-bubble bottom.
For reference, I have dubbed this one the Great Capitulation of 2013 - none bigger.
May 03, 2013, 04:58:21 PM
Being played like cheap violins. Glad I'm not trading right now. I'm not immune.
May 03, 2013, 04:58:12 PM
I'm more interested in who's selling. $90s is cheap considering it was over $150 last week. I actually might buy back in if that wall stays like that(bought in 80s, sold at $95).
market sentiment lags price perfectly
May 03, 2013, 04:56:19 PM
Who the hell is buying at those prices...
Sometimes I don't understand this market at all. I swear.
I'm more interested in who's selling. $90s is cheap considering it was over $150 last week. I actually might buy back in if that wall stays like that(bought in 80s, sold at $95). Sometimes I don't understand this market at all. I swear.
May 03, 2013, 04:52:29 PM
So now almost everyone is a bear? Investor cycle says we are going up then. 
ok wake me up when we going up bro.
May 03, 2013, 04:52:20 PM
So now almost everyone is a bear? Investor cycle says we are going up then.
I accuse you, yes you, of selection bias.
May 03, 2013, 04:51:49 PM
Who the hell is buying at those prices...
Sometimes I don't understand this market at all. I swear.
Sometimes I don't understand this market at all. I swear.
Someone who will regret it in couple of hours
try 6 hours.
-===-
*10-day 2-hour scale*
-===-
we've reached a short-term bottom. rebound is likely, CCI will reach to its recent high (at about -50), and then likely bounce. this corresponds with a price of about $100. if we break through this resistance, we could see as high as $125, although mitigating factors like low liquidity on weekends may affect these values.
--arepo
edit:
So now almost everyone is a bear? Investor cycle says we are going up then.
exactly, the utter despair on the forums today along with the oversold signals on many oscillators, and a high-volume doji at the $80 bottom all point to a significant rebound.
May 03, 2013, 04:50:42 PM
So now almost everyone is a bear? Investor cycle says we are going up then.
May 03, 2013, 04:47:46 PM
Who the hell is buying at those prices...
Sometimes I don't understand this market at all. I swear.
https://i.imgur.com/QbUjD.gif
Sometimes I don't understand this market at all. I swear.
https://i.imgur.com/QbUjD.gif
Someone who will regret it in couple of hours
May 03, 2013, 04:47:34 PM
And yet another triangle. Duh ... make that one hour - not four hours as it says in the immutable image below.
how did you come up with a downward direction here? i see the triangle, but triangle formations themselves tend not to have directional bias. by my analysis we've reached a short-term bottom.
Hey, when the first team is off the field, they send in the likes of me.
I saw the channel containing the embedded pattern. Regarding nested patterns, to what degree are containing patterns influential with regard to immediately contained technical patterns?
May 03, 2013, 04:44:20 PM
Who the hell is buying at those prices...
Sometimes I don't understand this market at all. I swear.
Sometimes I don't understand this market at all. I swear.
Someone who will regret it in couple of hours
May 03, 2013, 04:44:05 PM
I am considering a limit sell order in case some big, 9000+ BTC buyer says damn all to slippage over the weekend. Biased to the downside for three days, sell at say $105 this weekend, anticipating a buy back on Monday morning below $90?
May 03, 2013, 04:41:35 PM
Gox must be loving this. So much money in fees made today...
May 03, 2013, 04:41:10 PM
And yet another triangle. Duh ... make that one hour - not four hours as it says in the immutable image below.
how did you come up with a downward direction here? i see the triangle, but triangle formations themselves tend not to have directional bias. by my analysis we've reached a short-term bottom.
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