Topic: Wall Observer - MtGoxUSD wall movement tracker - page 974. (Read 1811594 times)
Just bought at $10.26, Up up up!
down baby down
don't spill the milk
don't spill the milk
Oh dear
I'm getting a little antsy.
We aren't going down nearly as much as I thought we would. I'm gonna try and buy the rest I can around $10.20's. 
How low did you think it goes? Have a little more patience. (MtGox fees will hate you for being patient
)I thought it would stay below 10 this weekend, and I had a rule if it stayed above 10 by noon on Saturday I would buy back in. Don't want to be left behind. Even if the wall near $10 goes down, there is still a lot of resistance between $8 and $10.
no no no go back down...down boy
Made me lol
no no no go back down...down boy
We aren't going down nearly as much as I thought we would. I'm gonna try and buy the rest I can around $10.20's.
How low did you think it goes? Have a little more patience. (MtGox fees will hate you for being patient
) 
The question is: Will it stay?
I get the feeling that wall will poof as anybody even sells near it..
We aren't going down nearly as much as I thought we would. I'm gonna try and buy the rest I can around $10.20's.
I think that analysis is about right Robo. I know I'm still out and not going to touch it until its down at that range.
Damn, I missed to buy at 9.75$ xD. What ever, I'll be back at 9.5$
Quote from: Enky http://btctrading.wordpress.com/2012/10/27/long-term-update-weekly-view-at-mtgox-10/
Long Term Update: Weekly View at MtGox
Posted on October 27, 2012 by Enky
This is a weekly view since January 2012 Top at 7.22$. It is visible the long period of accumulation spent at 5$ during the first half of this year, the crash of August with the old top that acted as support at 7$, in the second pane of the chart there is the net volume and it’s clearly visible the selling activity hasn’t been all that dramatic.
It is very important for who is interested to stay invested in bitcoins for the long haul to stay above the 7$ level, i’m moving back to my old plan of a possible retest at 7$ where i expect to see buyers coming back in the form of a strong positive net volume on a weekly basis.
I included as usual a forecast for a mid term bottom, assuming a weekly correction of maximum 20-25 weeks for this downswing and it will be hard for BTC/USD to go below 7$ by the end of this year. I’d like to add that the secondary lower top at 13$ may have marked a bearish divergence on some oscillators i use which could lead to a prolonged but not extreme downward movement, eventually down to 7$.
For the short term btc/usd i’ve been too much optimistic on my previous udpate, short term support at 10.5$ didn’t worked and after a quick sell-off i think btc/usd is rebounding up to the 11$-11.3$ price zone where it will probably resume the drop; so for who is interested in a quick but risky profit it might be worth the risk to buy now, as i said many times i post relatively safe trades here and for now i’ll wait further developments before thinking to open another trade.
If you have any questions, please feel free to ask leaving a comment or writing me on twitter.
Posted on October 27, 2012 by Enky
This is a weekly view since January 2012 Top at 7.22$. It is visible the long period of accumulation spent at 5$ during the first half of this year, the crash of August with the old top that acted as support at 7$, in the second pane of the chart there is the net volume and it’s clearly visible the selling activity hasn’t been all that dramatic.
It is very important for who is interested to stay invested in bitcoins for the long haul to stay above the 7$ level, i’m moving back to my old plan of a possible retest at 7$ where i expect to see buyers coming back in the form of a strong positive net volume on a weekly basis.
I included as usual a forecast for a mid term bottom, assuming a weekly correction of maximum 20-25 weeks for this downswing and it will be hard for BTC/USD to go below 7$ by the end of this year. I’d like to add that the secondary lower top at 13$ may have marked a bearish divergence on some oscillators i use which could lead to a prolonged but not extreme downward movement, eventually down to 7$.
For the short term btc/usd i’ve been too much optimistic on my previous udpate, short term support at 10.5$ didn’t worked and after a quick sell-off i think btc/usd is rebounding up to the 11$-11.3$ price zone where it will probably resume the drop; so for who is interested in a quick but risky profit it might be worth the risk to buy now, as i said many times i post relatively safe trades here and for now i’ll wait further developments before thinking to open another trade.
If you have any questions, please feel free to ask leaving a comment or writing me on twitter.
Typical pendulum type movement, it goes down, then it overshoots the bottom and at one point the price is just too good to pass on, a rally quickly forms and the price shoots back up, it overshoots the top, some bulls start selling for profit others get spooked and so we go down again and repeat.
I wonder if there's a good way to accurately predict those temporary bottom/tops? You'd be able to profit quite nicely from those pendulum swings
*mumbles something about fibonacci, fourier transforms, simulations,... wanders off thinking*
[35 years later]
"there isn't, I'm pretty sure"
Wavelets, dude.
It's like magic only with computers
Typical pendulum type movement, it goes down, then it overshoots the bottom and at one point the price is just too good to pass on, a rally quickly forms and the price shoots back up, it overshoots the top, some bulls start selling for profit others get spooked and so we go down again and repeat.
I wonder if there's a good way to accurately predict those temporary bottom/tops? You'd be able to profit quite nicely from those pendulum swings
Linea de los 10 $/BTC rota... 
Fin de semana movidito, auguro. ¿Alguna recomendación de nuestros analistas?
si el precio aguanta este fin de semana y no sigue abajo una subida a 10.50 es posible y cualquier subida por encima de 10.65 confirma la extensión de una onda 3 extendida cosa que puede añadir mas puntos a mi bias bajista para una caída espectacularFin de semana movidito, auguro. ¿Alguna recomendación de nuestros analistas?
Typical pendulum type movement, it goes down, then it overshoots the bottom and at one point the price is just too good to pass on, a rally quickly forms and the price shoots back up, it overshoots the top, some bulls start selling for profit others get spooked and so we go down again and repeat.
I wonder if there's a good way to accurately predict those temporary bottom/tops? You'd be able to profit quite nicely from those pendulum swings
*mumbles something about fibonacci, fourier transforms, simulations,... wanders off thinking*
[35 years later]
"there isn't, I'm pretty sure"
Typical pendulum type movement, it goes down, then it overshoots the bottom and at one point the price is just too good to pass on, a rally quickly forms and the price shoots back up, it overshoots the top, some bulls start selling for profit others get spooked and so we go down again and repeat.
I wonder if there's a good way to accurately predict those temporary bottom/tops?
Typical pendulum type movement, it goes down, then it overshoots the bottom and at one point the price is just too good to pass on, a rally quickly forms and the price shoots back up, it overshoots the top, some bulls start selling for profit others get spooked and so we go down again and repeat.
I wonder if there's a good way to accurately predict those temporary bottom/tops? You'd be able to profit quite nicely from those pendulum swings
Typical pendulum type movement, it goes down, then it overshoots the bottom and at one point the price is just too good to pass on, a rally quickly forms and the price shoots back up, it overshoots the top, some bulls start selling for profit others get spooked and so we go down again and repeat.
I went half in at $10.49 lol
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