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Topic: Wall Observer - MtGoxUSD wall movement tracker - page 1044. (Read 1811714 times)

legendary
Activity: 1666
Merit: 1057
Marketing manager - GO MP
Longer term exponential confirming... Cool

What you did there you can do on any chart. This really confirms nothing, sorry Smiley
legendary
Activity: 1288
Merit: 1000
Enabling the maximal migration
Longer term exponential confirming... Cool

sr. member
Activity: 252
Merit: 250


Sell into EUR Grin
legendary
Activity: 1904
Merit: 1002
There is too much resistance at 12.50 and below, half of it doesn't even seem to be on the order book. I'm turning bear. And yes I sold.

How do you know its there if you cant see it?

https://ferroh.com/charts/60day_small?0

Yes you can. Do you see that ugly reddish-yellow monster pimple just above 1312$? Thats were the resistance comes from. Normally a bit above that is where it is strongest.

FTFY
full member
Activity: 238
Merit: 100
The squirrel feels nothing but the need to hoard moar.



At worst based on existing trend, we are looking at around 11.5. Unless this trend changes, holding is going to be better than selling in the long term.

you see that trend line says we should be at 11  Cheesy

11.5 is just the baseline (ie the pont of super strong resistance/ turning point), everything above that is where it's still an upward trend =P

I agree that we are fine for the long term, but I think in the short/short-medium term we are going to be going down.
legendary
Activity: 1288
Merit: 1000
Enabling the maximal migration
The squirrel feels nothing but the need to hoard moar.



At worst based on existing trend, we are looking at around 11.5. Unless this trend changes, holding is going to be better than selling in the long term.

you see that trend line says we should be at 11  Cheesy

11.5 is just the baseline (ie the pont of super strong resistance/ turning point), everything above that is where it's still an upward trend =P
legendary
Activity: 1022
Merit: 1000
There is too much resistance at 12.50 and below, half of it doesn't even seem to be on the order book. I'm turning bear. And yes I sold.

How do you know its there if you cant see it?



Yes you can. Do you see that ugly reddish-yellow monster pimple just above 12$? Thats were the resistance comes from. Normally a bit above that is where it is strongest.
legendary
Activity: 1022
Merit: 1000
You know what would be real funny...

If we explode to new ATHs next week because the press makes a big deal out of the bitcoin foundation, that would catch many of you guys (including myself, currently more broke than usual  Embarrassed) off guard.

yeah  Grin but won't happen. Jon Matonis cant work magic yet, so there wont be any "Explosion" I can see.
legendary
Activity: 1666
Merit: 1057
Marketing manager - GO MP
You know what would be real funny...

If we explode to new ATHs next week because the press makes a big deal out of the bitcoin foundation, that would catch many of you guys (including myself, currently more broke than usual  Embarrassed) off guard.
legendary
Activity: 1008
Merit: 1000
The squirrel feels nothing but the need to hoard moar.



At worst based on existing trend, we are looking at around 11.5. Unless this trend changes, holding is going to be better than selling in the long term.

I spy a downward trend on that graph...
legendary
Activity: 1904
Merit: 1038
Trusted Bitcoiner
The squirrel feels nothing but the need to hoard moar.



At worst based on existing trend, we are looking at around 11.5. Unless this trend changes, holding is going to be better than selling in the long term.

you see that trend line says we should be at 11  Cheesy
legendary
Activity: 1288
Merit: 1000
Enabling the maximal migration
The squirrel feels nothing but the need to hoard moar.



At worst based on existing trend, we are looking at around 11.5. Unless this trend changes, holding is going to be better than selling in the long term.
hero member
Activity: 742
Merit: 500
Its as easy as 0, 1, 1, 2, 3
Oh yeah, I can feel it.
legendary
Activity: 1904
Merit: 1038
Trusted Bitcoiner
There is too much resistance at 12.50 and below, half of it doesn't even seem to be on the order book. I'm turning bear. And yes I sold.

How do you know its there if you cant see it?

don't you feel it?   Wink
legendary
Activity: 1288
Merit: 1000
Enabling the maximal migration
There is too much resistance at 12.50 and below, half of it doesn't even seem to be on the order book. I'm turning bear. And yes I sold.

How do you know its there if you cant see it?
full member
Activity: 238
Merit: 100
There is too much resistance at 12.50 and below, half of it doesn't even seem to be on the order book. I'm turning bear. And yes I sold.
sr. member
Activity: 252
Merit: 250
Magic penguin pony modus!
legendary
Activity: 1904
Merit: 1038
Trusted Bitcoiner

now would be a good time for one of those crazy million dollar ask bid walls  Wink
legendary
Activity: 1904
Merit: 1038
Trusted Bitcoiner
I a bit wary of this extremely low volume of the last couple of weeks. I don't know what it means or why there it's so, any theories?

The past 3 weeks we moved 3 million dollars a week
This is sort of low but its to be expected after all the volume we moved the weeks before.

means pretty much nothing IMO


I a bit wary of this extremely low volume of the last couple of weeks. I don't know what it means or why there it's so, any theories?

Uhm... BTCST died, and took the economy with it?

ya this is defiantly a contributing factor
legendary
Activity: 1458
Merit: 1006
I a bit wary of this extremely low volume of the last couple of weeks. I don't know what it means or why there it's so, any theories?

Uhm... BTCST died, and took the economy with it?
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