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Question: Will we close Nov. at or above Plan B's posited minimum of $98K?
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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 25494045 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. (158 posts by 14 users with 9 merit deleted.)
angjosh
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February 02, 2018, 02:54:53 PM

It appears some passengers on this train have decided to search for the exit in a completely orderly manner:

https://i.imgur.com/SBPtU8L.gif

Bwahaha..quite orderly in deed..! Love this
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jonoiv
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February 02, 2018, 03:00:18 PM
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Got this email today,  anyone know when i can expect my founds back?
rafanadal
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February 02, 2018, 03:01:44 PM

Is this the bounce ?

we can't even crack 8.8k
bitcoinPsycho
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February 02, 2018, 03:02:31 PM



Got this email today,  anyone know when i can expect my founds back?
dont trust it. Ive had NO email from them
SecondLeoTheSecond
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February 02, 2018, 03:02:52 PM


Actually we had the most vol on any 1 hour and 2 hour candles on both stamp and BFX since the ATH. Vol is good enough for this to be the bottom.
Correct, but the relative volume to the rest of the surrounding timeframe is not distinguished enough for me to really consider this the bottom. When we hit the 7700 Level again and bump up again with a similar rise in volume things are pretty clear.
Or we go up to 9000+ on another 2billion volume.
That would be pretty clear as well.
jonoiv
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February 02, 2018, 03:05:44 PM

Is this the bounce ?

we can't even crack 8.8k

it will at least bounce to 9600 - 9700 then from there not sure.  Expect a steady bounce, not a rocket ship!

EDIT: or the bears will have another go from here, but i think this dump phase is over at least for now. 
windjc
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February 02, 2018, 03:06:18 PM


Actually we had the most vol on any 1 hour and 2 hour candles on both stamp and BFX since the ATH. Vol is good enough for this to be the bottom.
Correct, but the relative volume to the rest of the surrounding timeframe is not distinguished enough for me to really consider this the bottom. When we hit the 7700 Level again and bump up again with a similar rise in volume things are pretty clear.
Or we go up to 9000+ on another 2billion volume.
That would be pretty clear as well.

Well, of course we need to see sustained green candles higher than red and some more green candles supported by vol. But it looks good enough so far.
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February 02, 2018, 03:06:55 PM



Got this email today,  anyone know when i can expect my founds back?

Good one Cheesy Cheesy Cheesy
windjc
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February 02, 2018, 03:07:03 PM

Is this the bounce ?

we can't even crack 8.8k

In less than one hour. Are you trolling?
xhomerx10
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February 02, 2018, 03:07:07 PM
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Got this email today,  anyone know when i can expect my founds back?


Insert pertinent image with caption:

 "What if I told you this e-mail is the hack?"


SecondLeoTheSecond
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February 02, 2018, 03:12:27 PM


Actually we had the most vol on any 1 hour and 2 hour candles on both stamp and BFX since the ATH. Vol is good enough for this to be the bottom.
Correct, but the relative volume to the rest of the surrounding timeframe is not distinguished enough for me to really consider this the bottom. When we hit the 7700 Level again and bump up again with a similar rise in volume things are pretty clear.
Or we go up to 9000+ on another 2billion volume.
That would be pretty clear as well.

Well, of course we need to see sustained green candles higher than red and some more green candles supported by vol. But it looks good enough so far.

Yes, it is not looking bad. But neither is it looking like we are finally out of the woods. Could be nothing but a glade.
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February 02, 2018, 03:16:01 PM

After showing a step-by-step tutorial how to buy Ripple at $3+ now CNBC showing how to sell Ripple below $1..

LOL

SecondLeoTheSecond
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February 02, 2018, 03:17:49 PM

After showing a step-by-step tutorial how to buy Ripple at $3+ now CNBC showing how to sell Ripple below $1..

LOL

https://i.imgur.com/VpVha0M.png

That is actually delicious.
I don't like the term but this is a tutorial for sheeple.
jonoiv
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February 02, 2018, 03:17:57 PM



Got this email today,  anyone know when i can expect my founds back?


Insert pertinent image with caption:

 "What if I told you this e-mail is the hack?"




What if i told you about satirical posting.

Do you really think im waiting for my "founds"?  
TERA2
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February 02, 2018, 03:18:01 PM

That volume means business. Best possible case for bears is another quick dip $7500 fueled by a massive dump. The worst case is it just keeps going straight up from here to 12K
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February 02, 2018, 03:19:45 PM
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Got this email today,  anyone know when i can expect my founds back?


Insert pertinent image with caption:







windjc
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February 02, 2018, 03:21:02 PM

That volume means business. Best possible case for bears is another quick dip $7500 fueled by a massive dump. The worst case is it just keeps going straight up from here to 12K

Something tells me if we close the week above the weekly 20, a lot of bulls turned sudden bears are going to be reevaluating reality.  I am not saying ATHs in a couple of months, but it seems everyone was, at the end of the day, watching that support. Once it broke down, many of them threw in the towel. It will be interesting to see what happens if that support actually holds.
samsonn25
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February 02, 2018, 03:29:05 PM

Bounced off major support at 7700
xhomerx10
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February 02, 2018, 03:30:04 PM



Got this email today,  anyone know when i can expect my founds back?


Insert pertinent image with caption:

 "What if I told you this e-mail is the hack?"




What if i told you about satirical posting.

Do you really think im waiting for my "founds"?  

 ditto
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February 02, 2018, 03:33:33 PM
Merited by yefi (2), pawel7777 (1)

Masterluc thinks it's over.

Quote from: Masterluc
Well, so the present drop ends somewhere in the red circle.

So, the price hit somewhere close to 61.7% Fibonacci of the entire growth from 150 to 19800.

You know what it means? That the Third (wave?) is completed and we became its witnesses =) For this, congratulations to you.

What's next? Next is the Fourth (going on now). And then the Fifth somewhere in the area of ​​100k.

The current drop will bounce back very well into the area of ​​13,000-15,000 in the short term, where those who bought up on my advice will be able to sell off, but have already managed to curse everything and wet the diapers. Bleed there, because it is not for you.

The critical level at 7700 does not really matter anymore, because I see that the wave is over.

Well, here's my idea for trading watching https://ru.tradingview.com/chart/BTCUSD/hg0S8xjw-historical-3-looks-to-be-completed/


He seems to have a glaring error in his count. If the historical 3 is over and the historical 5 will go near the top trendline, then his historical 3 will be the shortest wave in height. His 3 would need to be a (3) for his count to make sense.

With all due respect for luc's remarkable track record over the years, he didn't exactly nail the market during the last ~3 months, right?

Approaching the 20k ATH, he repeatedly mentioned a (more or less) resistance-free path to 40k as the most likely scenario. After the ATH, he (correctly) predicted a steeper correction than many anticipated initially, but again: his most frequently mentioned scenario was staying above 10k as part of that correction. More recently, he talked about "three options", i.e. long-term scenarios, one of which saw price go to the current levels. But the way I understood him, this was supposed to be a sort of flash crash, since he's been advising to buy below 10k until last week or so.

I don't want to sound too dismissive: he's definitely worth following and reading, as always. I just increasingly get the feeling he's hedging his bets in the way he writes his predictions.
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