Wall Observer BTC/USD - Bitcoin price movement tracking & discussion

[janos666]

What am I supposed to do?? Enter 20x leverage right here or wait for a dip??

Fucking christ

Not to be a dick or anything, but... if the question stresses you out like that, the answer is almost certainly "do not enter a factor 20 leveraged trade" (edit: completely independent of the direction of the trade)

Buzzkill.  

i dunno i think it is pretty clear that bitcoin wants to break the 200 MA on the 6 hour chart.  why not just do say 0.25 btc and go for it

worst case eat some rice and beans for dinner  for a couple days... best case.... hookers and blow

you got me, going 10x leverage now.  

Short? Already?

BTW, I hate that I my predictions are often spot-on when I do not act on them:

I think the 4h MACD is useless now (at least in my interpretation, 0˙ tangent inflexions mean: "undecided"). But if you combine it with the 4h StochRSI indicator then you might discover the rumor of an upcoming mini rally.

I think the ~30% margin is a sane limit for Bitcoin (Bitfinex, BTC-E). I wouldn't go any further than that even if they allowed me 1%.

[1715335519]

1715335519

[itod]

This rally up from $320 was not on a single one technical indicator. So much for the TA and smart trading on the bitcoion markets.

[prophetx]

This rally up from $320 was not on a single one technical indicator. So much for the TA and smart trading on the bitcoion markets.

the guys doing EW saw this coming

here you go

 https://bitcointalk.org/index.php?topic=812637.460;topicseen

enjoy

[itod]

This rally up from $320 was not on a single one technical indicator. So much for the TA and smart trading on the bitcoion markets.

the guys doing EW saw this coming

here you go

 https://bitcointalk.org/index.php?topic=812637.460;topicseen

enjoy

Thanks. Have to seriously look at it.

[ShroomsKit]

This rally up from $320 was not on a single one technical indicator. So much for the TA and smart trading on the bitcoion markets.

the guys doing EW saw this coming

here you go

 https://bitcointalk.org/index.php?topic=812637.460;topicseen

enjoy

Someone somewhere will always be right.
Doesn't mean anything.

[derpinheimer]

This rally up from $320 was not on a single one technical indicator. So much for the TA and smart trading on the bitcoion markets.

the guys doing EW saw this coming

here you go

 https://bitcointalk.org/index.php?topic=812637.460;topicseen

enjoy

After a bunch of wrong predictions one of them worked out... not really something you can follow. I believe it has some value, but mostly as short/very-short term.

[InvestorPerson]

TA?

this is what i think of TA

http://www.youtube.com/watch?v=wz-PtEJEaqY 

[prophetx]

This rally up from $320 was not on a single one technical indicator. So much for the TA and smart trading on the bitcoion markets.

the guys doing EW saw this coming

here you go

 https://bitcointalk.org/index.php?topic=812637.460;topicseen

enjoy

After a bunch of wrong predictions one of them worked out... not really something you can follow. I believe it has some value, but mostly as short/very-short term.

he's been pretty decent.  obviously one would take in information from more than one analytical source...

[Kontridder]

but but .. already going DOWN?

[Erdogan]

but but .. already going DOWN?

No no, it is going up in a downward way...

[Wary]

That's how to go long on page count, with leverage 2x

[Wary]

That's how to go long on page count, with leverage 2x

[oda.krell]

This rally up from $320 was not on a single one technical indicator. So much for the TA and smart trading on the bitcoion markets.

*sigh*

Let's see where we go from here. I'm still not 100% convinced this latest trend will stick. But about your claim that this was completely off the radar...

[...]
To me it looks like we could go all the way to ~340 for a re-test, and it would look a lot like April 16 to May 19 earlier this year. (Of course it would only be similar if there is good support at that level)

[...]

[...]
https://i.imgur.com/OCen3ZC.png
https://i.imgur.com/ZiGp4hA.png

Between this (new Chinese volume peak, even higher than volume at capitulation bottom), the major Bitfinex market buys yesterday, and the ramping up of Bitstamp's bid/ask I already mentioned, I'd be seriously surprised if we don't make at least an attempt to get back to 380 within the next 10 days.

[ChartBuddy]

Explanation

[Walsoraj]

Abandon shippppppppppppppppppppppppppppppppppppppppppppppppppppppppp!

[derpinheimer]

This rally up from $320 was not on a single one technical indicator. So much for the TA and smart trading on the bitcoion markets.

*sigh*

Let's see where we go from here. I'm still not 100% convinced this latest trend will stick. But about your claim that this was completely off the radar...

[...]
To me it looks like we could go all the way to ~340 for a re-test, and it would look a lot like April 16 to May 19 earlier this year. (Of course it would only be similar if there is good support at that level)

[...]

[...]
https://i.imgur.com/OCen3ZC.png
https://i.imgur.com/ZiGp4hA.png

Between this (new Chinese volume peak, even higher than volume at capitulation bottom), the major Bitfinex market buys yesterday, and the ramping up of Bitstamp's bid/ask I already mentioned, I'd be seriously surprised if we don't make at least an attempt to get back to 380 within the next 10 days.

Nice prediction though, on a serious note

[podyx]

You guys think we'll reach $352-$353??

[ShroomsKit]

The traders making sure their coins don't get worth too much. Imagine that.

[ChartBuddy]

Explanation

[blackbird307]

too early?