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Title: Bid/ask imbalance is showing again -- $4.6-5 coming! Post by: ineededausername on December 30, 2011, 06:11:48 PM It's time for another big move up.
On the eve of the last move, we had a big market depth imbalance: 20k BTC to $3.1, 40k to $3. On the other hand, we had 20k BTC to $3.5, 40k to $3.75. The bid side was 20k for every 0.1 and the ask side was 20k for every 0.2. Now, we have the bid side piling up again: 20k to $4, 40k to $3.8. On the other hand, the ask side has 20k to $4.6, 40k to $5. The same ratios are showing up. Additionally, we've touched the trendline again, the moving averages are coming close, and the PSAR is getting close to the price (within $0.2). Strong support has caught up and we are poised for a big move, up or down, soon and I think it will go up. The market would have gone up to $4.6 or $5 yesterday if Bitcoinica didn't run out of float. Since Bitcoinica doesn't have enough USD, the move up will be more gradual this time. However, we won't see $4.2 ever again so now is the time to BUY. Title: Re: Bid/ask imbalance is showing again -- $4.6-5 coming! Post by: Mushoz on December 30, 2011, 06:14:39 PM I approve of your post and thinking ;D
Title: Re: Bid/ask imbalance is showing again -- $4.6-5 coming! Post by: ineededausername on December 30, 2011, 06:20:38 PM Title: Re: Bid/ask imbalance is showing again -- $4.6-5 coming! Post by: echowhiskey on December 30, 2011, 06:26:31 PM Title: Re: Bid/ask imbalance is showing again -- $4.6-5 coming! Post by: ineededausername on December 30, 2011, 06:31:01 PM Everyone, do you see that?
Weekly MACD is crossing over. Get ready. Title: Re: Bid/ask imbalance is showing again -- $4.6-5 coming! Post by: proudhon on December 30, 2011, 08:06:36 PM Will you draw one of these now? ;) Title: Re: Bid/ask imbalance is showing again -- $4.6-5 coming! Post by: ineededausername on December 30, 2011, 08:10:56 PM Oh come on proudhon we all know it's you putting up the askwalls ;)
Title: Re: Bid/ask imbalance is showing again -- $4.6-5 coming! Post by: proudhon on December 30, 2011, 08:19:38 PM Oh come on proudhon we all know it's you putting up the askwalls ;) Here you go: http://i44.tinypic.com/e6eyaf.png Title: Re: Bid/ask imbalance is showing again -- $4.6-5 coming! Post by: teflone on December 30, 2011, 08:31:20 PM Herp, derp...
Title: Re: Bid/ask imbalance is showing again -- $4.6-5 coming! Post by: caston on December 30, 2011, 08:44:17 PM Well I like the "crazy batman top" bear signal theory as shown in : https://www.bitstamp.net/
https://bitcointalk.org/index.php?topic=56025.0 Title: Re: Bid/ask imbalance is showing again -- $4.6-5 coming! Post by: RyNinDaCleM on December 30, 2011, 08:51:31 PM Here is what I see!
http://img17.imageshack.us/img17/7889/sellpressure.png The selling pressure seems to be amounting. Or possibly the bidders don't want to bid much higher. Price drops a bit over a few hours, then someone pushes it up to fall back again. Title: Re: Bid/ask imbalance is showing again -- $4.6-5 coming! Post by: smickles on December 30, 2011, 09:00:54 PM Here is what I see! dam, I see scary batman double tops everywhere now.http://img17.imageshack.us/img17/7889/sellpressure.png The selling pressure seems to be amounting. Or possibly the bidders don't want to bid much higher. Price drops a bit over a few hours, then someone pushes it up to fall back again. |
