Hmm... Comeback for single digits this weekend? 
People are crazy.
People are crazy.
Your prediction was incorrect my friend. Single digits are back.
Topic: Wall Observer - MtGoxUSD wall movement tracker - page 979. (Read 1811594 times)
Your prediction was incorrect my friend. Single digits are back.
10.00
I do believe in the weekend dump for this week.
I do believe in the weekend dump for this week.
And there goes yer plunge!
We might as well assume that 18k ask wall is fake. I seriously doubt that when the momentum shifts he will keep that thing up.
I am prepared for this, again 
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Thanks a lot, ElectricMusus and myself, for explaining!
I will observe it for a while, and see if I like it!
..the more people know at least about the basic trading "rules", the less erratic, or retarded as someone called it, the whole thing gets!
Ente
yes the self fulfilling prophecy can play a role in this but the dead days is mostly because bitcoin is not a organized market, in stocks u get gaps/windows up or down for 10, 20, 50 cents and sometimes over 1 usd and this move the price and whit the price any indicator in forex you dont have gaps and the changes are less drastic but you get leverage so small price changes can give a decent profit bitcoin dont any of that so the price go sideways until a ax/hammer start to play I will observe it for a while, and see if I like it!
..the more people know at least about the basic trading "rules", the less erratic, or retarded as someone called it, the whole thing gets!
Ente
Thanks a lot, ElectricMusus and myself, for explaining!
I will observe it for a while, and see if I like it!
..the more people know at least about the basic trading "rules", the less erratic, or retarded as someone called it, the whole thing gets!
Ente
I will observe it for a while, and see if I like it!
..the more people know at least about the basic trading "rules", the less erratic, or retarded as someone called it, the whole thing gets!
Ente
Be really careful if you're thinking about panicking right now.
RSI still has 20 points to plunge more 
..what could I see in this graph, RSI, if I knew how to interpret it?
Ente
Ente
on the rsi you look to buy when get above 60 and at 70 should be a good reason to buy you look to sell at 40 and at 30 you sell
the problem with RSI is that is lagging indicator, because of the average he do and because the bitcoin trading is somehow retarded you get allot of dead days and ofc this dead days are computed by the rsi (14 periods) so a good way to fix this is to copy paste the raw data from http://bitcoincharts.com into excel and the sum days that have a volume under 50 000 the put the rsi formula at work
Be really careful if you're thinking about panicking right now.
..what could I see in this graph, RSI, if I knew how to interpret it?
Ente
One way is when an oscillator like rsi fails to stay overbought (which is rare) for a sufficient amount of time and returns to oversold it is even more rare it would switch a second time.
Oat Hay time
fcmatt? You got me! Dracula Bear! But I am like Mutant-Bear-X I can transform to a bull in no time.
Be really careful if you're thinking about panicking right now.
..what could I see in this graph, RSI, if I knew how to interpret it?
Ente
On a normal market that could indicate a good time to buy. But Bitcoin price movements are insane.
I suspect a few people with a majority of the cash on the exchange are playing with it like their private toy.
I disagree. Duck test shows that it's just...
Be really careful if you're thinking about panicking right now.
..what could I see in this graph, RSI, if I knew how to interpret it?
Ente
Wow, somebody is pushing down really hard. Run with it guys. Make his dreams come true.
Be really careful if you're thinking about panicking right now.
Yeah, please wait until Saturday to panic.
Be really careful if you're thinking about panicking right now.
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