the late evening report

0.83% 1 minute candle...niiiice

1h


4h

#stronghands

whips off socks and does quick calculation...   525600 x 9 = 4,730,400‬minutes

that a whole lotta minutes...dang son

Daily

still hanging onto short term support at around $11.5kish...steady as she goes

had to clean the monitor...sprayed part of my beer all over it laughing

+1 WOsMerit

#dyor

1h chart - what you see



1h chart - what I see


curls starting to turn bullish..getting time to try and poke thru span A
4h

#stronghands

ty m8

When smerits where implemented I believe I was just under the threshold for member status...missed out on the bonus rank smerits. I have been gifted almost every smerit needed to reach this exalted rank.

Extremely honored.

---------




+1 WOsMerit


Glad to hear your wife is doing better...you as well.


--------
the noon wall report at 11:11am

bulls apparently not interested in dip atm...last hour closed with a dragonfly doji over a downwards TKx    #dyor

*edit   apologies..its been a hour since this chart was made...synopsis essentially the same however
1h


4h

#stronghands

+1 WOsMerit


---------





Amazing artwork xHomerx10!  As usual.   

+3 WOsMerits


---------




subtle buy signal?  or are we dumping straight to fiat?

regardless...congrats

+1 WOsMerit

1h test

happy cat dance above cloud

#yourmissedhal

Get some help Bob.
You are obviously in pain and seem to be exhibiting signs of schizophrenia or a serious bipolar condition. You need help buddy.

the noon wall report at 1pm

Definitely a intense battle out there today as bitcoin hovers above short term resistance at $11,433.77

Bulls currently have the upper hand with bitcoin trading around $11,512.56

Bears still have just over 4 hours until the closing bell today to muster a counter assault into rising support. We must continue to remain vigilant gentlemen. 

#dyor




6h


12h

#strongrustypipes

do we have IMOsMerits here? 

anyway....

+1 for the thread concept...I find this fascinating.


-------

Its hard to gauge institutional interest much of the time as I think most will take a position long before any type of announcement...for obvious reasons I would say.

That being said I do find it interesting that www.nasdaq.com has a entire page devoted to bitcoin(they are calling it cryptocurrencies but I think we all know what they mean)

https://www.nasdaq.com/news-and-insights/topic/markets/cryptocurrencies

A couple of articles of note.

https://www.nasdaq.com/articles/energy-giant-equinor-to-cut-gas-flaring-with-bitcoin-mining%3A-report-2020-08-28

This multinational is funding https://www.crusoeenergy.com/ and their DFM or digital flare mitigation technology.

https://www.prnewswire.com/news-releases/crusoe-energy-systems-announces-70-million-in-funding-for-expansion-of-digital-flare-mitigation-services-300970514.html

A interesting application and I can tell you from first hand experience that there are many many flare stacks out there.


This illustrates how I believe things will play out with many institutions at first. They will try to enter on the edges...into developing markets that can generate a position without directly purchasing large amouts OTC or on exchange. Others will pile on and a cascade event is likely to happen imo. Its only a matter of time.

I give it a 74.28417% chance that LFC escaped the rusty pipe.

i really am a degen...ffs..

i feel the need to speculate if LFC is on Bobbies ignore list or not

ty gentlemen 

People like you make this place feel like home. I really appreciate that.

That pretty much goes for the rest of you knuckleheads..thank you.

Its been a hell of a ride so far and its only going to get better imho.

-----
for the rest of you a-holes out there on the fence..

Get in, stack sats, strap down and hang the fuck on is about the best advice I can give you besides do your own research.

*gasp



---------

the early morning toe report

yep..its tingling..  #dyor

lancers at a walk..form a line!
4h


starling sings at sunrise
D

#stronghands

why bother?   


and further...for a man supposedly obsessed with opsec...a dark reader?   really?


gtfo...tired of your whining bob

further wall theory

so yesterday the bids were around 67 million...sometime between then and now...it dropped to 57 million and those three steps have been removed         thats the 9.8 million I was pointing out

the slope and shape of the ask(red) side has changed from a wedge shape to become more vertical    when the asks are chasing price downwards..you see that shape as the asks 'dig' into the bid walls

you see the same when the price is moving upwards..the bid wall will slope downwards into a more wedge like shape as buyers chase price up

when the walls are vertical it usually means price has been discovered and buyers and sellers are content trading around the spread(the gap in price between bids and asks)

you will sometimes see the wall setup from yesterday when a whale wants to accumulate more coins...they will set large bids and then start selling, driving the price down into their bids

there are many scenarios but perhaps you can see my thought process a bit more clearly now

#dyor

well that escalated quickly..

awww shucks..actually very honored to serve here..thank you everyone

slope, shape and usd on the bid side(green) coupled with arithmetic


it is said in wizard school one should be vague or obtuse, and randomly grumpy at times...just doing the best i can   

actual wall report

9.8 pulled off the table overnight - bullish   

building sell pressure forming at $11.55kish - bearish

verdict - sideways... with possible upwards pressure due to double bottomish

#dyor


yesterdays walls


todays walls


1h


4h

#stronghands