Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 33749.

michaelGedi

sr. member

Activity: 364

Merit: 250

"to be or not to be, that is the bitcoin"

Quote from: Richy_T on April 17, 2013, 02:06:58 PM

Has anyone actually looked at how often walls are eaten away as opposed to cancelled? I think the incidence would be very low.

let's imagine you're bobby big bollocks who put up the 1mil wall at 70 last night...

then your mate or team mate or whatever puts up a wall on the way up to 100... that wall on the way up to 100 wants to be eaten... and potentially vice versa.

Now I'm pretty new to this, but it makes perfect sense to me.

Especially if it drifts down the the low 80s again.... Sold at 90-100 ish, bought back at 80-90ish

is that logical?

NamelessOne

legendary

Activity: 840

Merit: 1000

Quote from: UKMark on April 17, 2013, 02:10:11 PM

Quote from: Richy_T on April 17, 2013, 02:06:58 PM

Has anyone actually looked at how often walls are eaten away as opposed to cancelled? I think the incidence would be very low.

I saw it quite a lot over the past few days, but today the walls are definitely getting eaten up more often than not.

We're actually hitting the upward moving support line right now. Dipped a little bit under it as far as I can tell, but are above it again. Last night it dipped under and climbed over again also. We shall see what happens! Cheesy

UKMark

full member

Activity: 144

Merit: 100

Empty vessels make most noise.

Quote from: Richy_T on April 17, 2013, 02:06:58 PM

Has anyone actually looked at how often walls are eaten away as opposed to cancelled? I think the incidence would be very low.

I saw it quite a lot over the past few days, but today the walls are definitely getting eaten up more often than not.

Richy_T

legendary

Activity: 2534

Merit: 2245

1RichyTrEwPYjZSeAYxeiFBNnKC9UjC5k

Has anyone actually looked at how often walls are eaten away as opposed to cancelled? I think the incidence would be very low.

willphase

hero member

Activity: 767

Merit: 500

Quote from: Geist on April 17, 2013, 01:52:42 PM

There's still a million dollar wall at $70. What are the chances that someone will get us past that?

Quote

That could be a manipulation... walls come & go all the time.

Indeed - walls evaporate all the time!

Will

relm9

hero member

Activity: 840

Merit: 1000

Quote from: Geist on April 17, 2013, 01:52:42 PM

There's still a million dollar wall at $70. What are the chances that someone will get us past that?

That could be a manipulation... walls come & go all the time.

Murderous_wabbit

newbie

Activity: 39

Merit: 0

Quote from: DougTanner on April 17, 2013, 01:49:55 PM

Quote from: Murderous_wabbit on April 17, 2013, 01:37:55 PM

Anyone willing to give a quick explanation on all of the elements that are presented in the chart from BTC Charts?

The green lines are the price, the higher up the further back in time.

The orange lines are the open bids (people who want to buy Bitcoins with USD), the blue lines are asks (people who want to sell Bitcoins for USD).

The bars on the left are the volume of trades, green being buys and red being sells. With the black part being half-half.

The lines (boxes) on the right are the trades that took place in the last hour.

Thank you so much! That cleared up all of my questions.

Geist

member

Activity: 70

Merit: 10

There's still a million dollar wall at $70. What are the chances that someone will get us past that?

DougTanner

sr. member

Activity: 280

Merit: 250

Quote from: Murderous_wabbit on April 17, 2013, 01:37:55 PM

Anyone willing to give a quick explanation on all of the elements that are presented in the chart from BTC Charts?

The green lines are the price, the higher up the further back in time.

The orange lines are the open bids (people who want to buy Bitcoins with USD), the blue lines are asks (people who want to sell Bitcoins for USD).

The bars on the left are the volume of trades, green being buys and red being sells. With the black part being half-half.

The lines (boxes) on the right are the trades that took place in the last hour.

FuriousTeam

newbie

Activity: 36

Merit: 0

thank you

dani

hero member

Activity: 525

Merit: 500

..yeah

from bitcoinity.org/markets

edit: oops.

anyone care to reply to my post on the last page?

jl2012

legendary

Activity: 1792

Merit: 1111

Quote from: FuriousTeam on April 17, 2013, 01:39:13 PM

Quote from: DougTanner on April 17, 2013, 01:22:32 PM

Quote from: Richy_T on April 17, 2013, 01:10:28 PM

Everyone ready for the almost* inevitable flash-crash?

(*weasel word alert)

You asked for it, here it comes.

May we know from which sites are you taking those graph pls ?

thx !

http://btccharts.com/

It is a paid service

FuriousTeam

newbie

Activity: 36

Merit: 0

Quote from: DougTanner on April 17, 2013, 01:22:32 PM

Quote from: Richy_T on April 17, 2013, 01:10:28 PM

Everyone ready for the almost* inevitable flash-crash?

(*weasel word alert)

You asked for it, here it comes.

https://i.imgur.com/YScsudI.jpg

May we know from which sites are you taking those graph pls ?

thx !

Murderous_wabbit

newbie

Activity: 39

Merit: 0

Anyone willing to give a quick explanation on all of the elements that are presented in the chart from BTC Charts?

Ploo

full member

Activity: 125

Merit: 100

Quote from: Luis_GT on April 17, 2013, 01:23:25 PM

Almost 7000 coins traded and only dropped 2 dollars... I'm liking this.

The next 7k coins would take us down $80.

Luis_GT

full member

Activity: 126

Merit: 100

Almost 7000 coins traded and only dropped 2 dollars... I'm liking this.

DougTanner

sr. member

Activity: 280

Merit: 250

Quote from: Richy_T on April 17, 2013, 01:10:28 PM

Everyone ready for the almost* inevitable flash-crash?

(*weasel word alert)

You asked for it, here it comes.

jl2012

legendary

Activity: 1792

Merit: 1111

Quote from: Richy_T on April 17, 2013, 01:10:28 PM

Everyone ready for the almost* inevitable flash-crash?

(*weasel word alert)

I think the rule of the game has changed. Those bullish flash crash won't happen again

Richy_T

legendary

Activity: 2534

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1RichyTrEwPYjZSeAYxeiFBNnKC9UjC5k

Everyone ready for the almost* inevitable flash-crash?

(*weasel word alert)

DougTanner

sr. member

Activity: 280

Merit: 250

Someone decided it was bearish.

Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 33749. (Read 26462764 times)