Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 33961. (Read 26515264 times)
April 24, 2013, 12:31:16 PM
Panic Sell on the Way!!!
April 24, 2013, 12:30:17 PM
So that's what drawing triangles on charts can tell you? That the price is going either up or down. Interesting.
It usually means the volume is about to pick up, and when the volume picks up it usually causes the price to change quickly in one direction.
If you could properly gage market confidence I guess most of the time you could predict the direction. I'm just posting triangles for fun though, I'm not actually trying to trade based on them, my bot is handling that
Example:
April 24, 2013, 12:29:43 PM
So that's what drawing triangles on charts can tell you? That the price is going either up or down. Interesting.
Doubt as to where the further price moves are heading - the triangle shows that swing trades are narrowing the price range thus reducing the volume traded by day traders. I have heard that a break-out from a triangle is a strong indicator on the future direction. But some say it is a contrarian indicator lol. Big players are fighting it out now. Huge volumes.
April 24, 2013, 12:27:04 PM
So that's what drawing triangles on charts can tell you? That the price is going either up or down. Interesting.
Doubt as to where the further price moves are heading - the triangle shows that swing trades are narrowing the price range thus reducing the volume traded by day traders. I have heard that a break-out from a triangle is a strong indicator on the future direction. But some say it is a contrarian indicator lol. 
April 24, 2013, 12:20:45 PM
So that's what drawing triangles on charts can tell you? That the price is going either up or down. Interesting.
April 24, 2013, 12:20:19 PM
Calming down a bit. Where to now?
Hopefully down.
Pray to the bitcoin bear god.
lol
You will need it.
April 24, 2013, 12:19:17 PM
Calming down a bit. Where to now?
Hopefully down.
April 24, 2013, 12:17:53 PM
Calming down a bit. Where to now?
April 24, 2013, 12:09:30 PM
Fake bull trap = bear trap lol
April 24, 2013, 12:07:25 PM
I hate looking at charts....just makes me sad knowing i could've profit.... =(
April 24, 2013, 12:06:20 PM
SELL! SELL! SELL! 
April 24, 2013, 12:05:55 PM
April 24, 2013, 12:04:38 PM
Bitstamp attracts more seller because it is easier to cash out (no limit and no apostille), hence the lower price
April 24, 2013, 12:02:29 PM
C'mon guys, sell it just a bit lower. $145 = me partying
me too, sold some at 150's, not happy at the moment, should have done earlier or hold. Hate when I can't stay cool and stick with the plan.
April 24, 2013, 12:00:58 PM
C'mon guys, sell it just a bit lower. $145 = me partying
April 24, 2013, 11:58:17 AM
April 24, 2013, 11:57:45 AM
SELL April 24, 2013, 11:49:41 AM
And btw Gox engine is handling pretty good now, lag reduced to zilch and handling the load.
April 24, 2013, 11:48:17 AM
If this was a bull trap, it would end right around here.
so i guess we'll see a few good bears dump into this fake bull trap.
so i guess we'll see a few good bears dump into this fake bull trap.
It's a bull trap trap.
April 24, 2013, 11:47:35 AM
MtGox running better than expected. Still they need to keep upgrading..
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