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Question: What happens first:
New ATH - 43 (69.4%)
<$60,000 - 19 (30.6%)
Total Voters: 62

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 26371262 times)
This is a self-moderated topic. If you do not want to be moderated by the person who started this topic, create a new topic. (174 posts by 3 users with 9 merit deleted.)
esse83
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August 23, 2014, 08:12:45 AM

Was that 1.1-1.2k a single sell btw? from a single person that is

yes

10:04:53 500 258.658
10:04:48 500 1275.51
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klee
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August 23, 2014, 08:17:15 AM

So that was just another bull trap after all..
Phillis
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August 23, 2014, 08:24:35 AM

not sure 500 will hold  :/
klee
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August 23, 2014, 08:28:21 AM

It did not - 450$ tested again...
h3speros
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August 23, 2014, 08:40:03 AM

so..... 450 buy on Huobi and absolutely no one followed. it's like all the bulls up and disappeared. i think we are gonna slowly slide down here and break 500. hopefully not too far below...

didn't you get the memo? we may never see sub 500 prices TM

 Cheesy

never ever
ErisDiscordia
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August 23, 2014, 08:42:38 AM

Tonight I dreamed that I am watching the charts on wisdom and a huge dump brings the price all the way to 0, followed by an instant rebound to well over 20% from where it started. Pretty exciting  Cheesy
Teppino
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August 23, 2014, 08:43:29 AM

for a dump it did not drag many sellers with it..
ZeroEnergy
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August 23, 2014, 08:43:51 AM

AceWallen
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August 23, 2014, 08:45:12 AM

for a dump it did not drag many sellers with it..

there's a term that you see around here from time to time...... long slow slide ....... just like the action of 680 level, we are on a long slow slide down, and we just popped through key support. should probably pause or bounce but the trend is becoming clear.....
bitebits
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August 23, 2014, 08:47:31 AM

hey there, 400s! it's so nice to see you again! i heard a rumor you were gone for good..... no dice. sorry bulls! we go down now. Wink

It is just too funny what an impact a 500k $ dump still has on the bitcoin exchange rate value. I am going to quote myself in five years, so we can all have a laugh about those good old times.
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August 23, 2014, 08:47:43 AM

I see a reversal pattern forming. But the trolls can yell louder than me so I'll keep the TA to myself.
AceWallen
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August 23, 2014, 08:48:58 AM

I see a reversal pattern forming. But the trolls can yell louder than me so I'll keep the TA to myself.

a bullish reversal pattern? is it the inverse head and shoulders that everyone and their mother is posting in the TV chat? dunno, it's certainly possible. whales love to paint the TA....
klee
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August 23, 2014, 08:49:17 AM

I see a reversal pattern forming. But the trolls can yell louder than me so I'll keep the TA to myself.
Please elaborate and ignore the trolls!
ErnieX
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August 23, 2014, 08:51:47 AM

Down to $470 one more time then we're ready for the next bullride.
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August 23, 2014, 08:53:48 AM

Down to $470 one more time then we're ready for the next bullride.

Drop your unrealistic bear hope! Better cut your shorts loose now!
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August 23, 2014, 08:54:11 AM

I see a reversal pattern forming. But the trolls can yell louder than me so I'll keep the TA to myself.

a bullish reversal pattern? is it the inverse head and shoulders that everyone and their mother is posting in the TV chat? dunno, it's certainly possible. whales love to paint the TA....

That's the one. Easily seen on the 12h chart.

Could be invalidated easily though if we don't get volume on the upside. All about the psychology playing out, these reversal patterns. They don't always look textbook.
Sandia
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August 23, 2014, 08:56:33 AM

I see a reversal pattern forming. But the trolls can yell louder than me so I'll keep the TA to myself.

a bullish reversal pattern? is it the inverse head and shoulders that everyone and their mother is posting in the TV chat? dunno, it's certainly possible. whales love to paint the TA....

When a whale dumps 1500 coins to break 500 support, it is a valid support break?
But when a whale paints a TA pattern it is invalid?

Seems inconsistent.
AceWallen
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August 23, 2014, 08:59:06 AM

I see a reversal pattern forming. But the trolls can yell louder than me so I'll keep the TA to myself.

a bullish reversal pattern? is it the inverse head and shoulders that everyone and their mother is posting in the TV chat? dunno, it's certainly possible. whales love to paint the TA....

When a whale dumps 1500 coins to break 500 support, it is a valid support break?
But when a whale paints a TA pattern it is invalid?

Seems inconsistent.

they are both valid. what would lead you to believe any differently? whales can try to swing their weight one way or the other, but it's up to the market to follow.
podyx
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August 23, 2014, 09:07:10 AM

This market can really make a man sick...

I honestly was expecting some good upside right about now
bassclef
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August 23, 2014, 09:10:05 AM

This market can really make a man sick...

I honestly was expecting some good upside right about now

Final bear trap. Low volume. Sellers being shaken out one final time.
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