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

[Hueristic]

nice TA , gave you a merit.

here is another problem that the bulls have to face now, the trend line in blue



the good news is breaking out the large triangle, the down trend should act as a strong support, therefore i won't be waiting for another touch on the 200MA on the weekly for my next entry, this is how i plan to play the next long position;

1- wait for a close above the small trend line in blue and set my SL below it.
2- wait for a test of the coming support (dotted blue line) which also happen to be the down trend of the big triangle.

these two levels will provide a good risk to reward ratio with TP at the last high of yesterday.

* above is BTCUSDT chart differs a bit from BTCUSD

I don't know what this means but you drew lines so have a merit.

...I doubt anyone here is 100% correct, because, for example, ....

What are you talking about?
I thought I was wrong once, but I was mistaken.

Edited.

But man, come Thursday, let that douchebag have it!

He doesn't play fair, on Thursdays he has been on eggshells.

[1632254448]

1632254448

[1632254448]

1632254448

[birr]

...I doubt anyone here is 100% correct, because, for example, ....

What are you talking about?
I thought I was wrong once, but I was mistaken.

I think what's happening is...
Jay JuanGee has been replaced by an AI bot that concatenated the megs of text he has posted here in the past, and uses the source file to create posts now using an enhanced markov chain random text generator to perpetuate the illusion of his presence.

[JayJuanGee]

...I doubt anyone here is 100% correct, because, for example, ....

What are you talking about?
I thought I was wrong once, but I was mistaken.

I think what's happening is...
Jay JuanGee has been replaced by an AI bot that concatenated the megs of text he has posted here in the past, and creates posts now using an enhanced markov chain random text generator to perpetuate the illusion of his presence.

That's a great theory, birr.

[Toxic2040]

Humming bird takes flight.
3h


Pro tip on how to clear stop losses.
4h

#stronghands'19

[Hueristic]

Just yesterday, I was celebrating my birthday and it seems that I was seeing a few people indicating that the signals were there for a turn around. Now today, most have backpedalled. How much longer are we going to have to endure this overwhelming feeling of

MEH ?


 

It was a cool thing on you B-day though, hope I get as lucky.
/loose opsec

[Hueristic]

...I doubt anyone here is 100% correct, because, for example, ....

What are you talking about?
I thought I was wrong once, but I was mistaken.

I think what's happening is...
Jay JuanGee has been replaced by an AI bot that concatenated the megs of text he has posted here in the past, and uses the source file to create posts now using an enhanced markov chain random text generator to perpetuate the illusion of his presence.

That has already been postulated.

Humming bird takes flight.
3h


Pro tip on how to clear stop losses.
4h

#stronghands'19

U2 +sM

Cheshire smile on chart good.

[jojo69]

I think what's happening is...
Jay JuanGee has been replaced by an AI bot that concatenated the megs of text he has posted here in the past, and uses the source file to create posts now using an enhanced markov chain random text generator to perpetuate the illusion of his presence.

I learned a new word!

[JayJuanGee]

I think what's happening is...
Jay JuanGee has been replaced by an AI bot that concatenated the megs of text he has posted here in the past, and uses the source file to create posts now using an enhanced markov chain random text generator to perpetuate the illusion of his presence.

I learned a new word!

I thought that you were going to bed Jojo?  hours ago?

That has already been postulated.

If you are going to repeat, Hueristic, so will I.

[jojo69]

I thought that you were going to bed Jojo?  hours ago?

No, I'm just not staying up till Mic comes on at 08:00 UT.

I'm old, and I gotta work tomorrow.

[Hueristic]

Lol, good one to call it a night on. cya all l8r.

[nutildah]

Here goes my take on this volume: its a bearish signal because these orders were specifically placed to draw in chart analysts. If it was sincere action these would have been purchased in smaller, measured increments so as not to catch many eyes.



Bearish for the next 3-7 days.

Called it! The only time I believe in TA is when CW all agrees upon the same thing, in which case the opposite of what people expect is likely to happen.

[vroom]

my gut feeling tells me that we may have an upbart incoming

When?  I would like to plan, accordingly.  

It sure looks like a reverse Bart building up.

When?  I would like to plan, accordingly.  

Hard to say could be sooner but sometimes these barts drag their spikes on for days. I want to say 3 days.

O.k.  I will plan my bitcoin related activities around that three-day-ish timeframe.

I feel like this is a weird form of insult, as everyone on here I am going by just pure speculation and have no secret sauce.

I am not trying to insult you.  Why does it seem like everyone is becoming so defensive these days? , or is it just me? (that is just a rhetorical question, by the way).    

In my earlier post, I was merely attempting to ask you for more details regarding your reverse bart prediction, and I thank you for your fairly specific response.    By the way, to your credit I got a response... vroom has not said, shit... yet.   

Just for clarification, I am not actually going to be taking any actual action based on your prediction, because I already have a system that seems to work for me, so I was exaggerating a bit (kind of meant to be a joke) when I asserted that I would take specific action(s).  

However, based on your prediction, I am going to be looking out for a reverse bart in the 3 day-ish range.  What's wrong with that?   This is a speculation thread, and you clarified one of your speculations, no?

sorry, I was busy sleeping. I have forwarded your question to my guts and will come back to you as soon I have an answer.

[Dogboy714]

As the new head of Bitcoin marketing, I invested in a stamp. And a whole bunch of $2 bills...

[Toxic2040]

I think we are going back to 4k.  call me crazy but do your own research too.
1h

#stronghands'19

[infofront]

Thanks to micg for the original idea, and a huge thanks to xhomerx for translating that into something amazing:



Avatar-sized

[JayJuanGee]

my gut feeling tells me that we may have an upbart incoming

When?  I would like to plan, accordingly.  

It sure looks like a reverse Bart building up.

When?  I would like to plan, accordingly.  

Hard to say could be sooner but sometimes these barts drag their spikes on for days. I want to say 3 days.

O.k.  I will plan my bitcoin related activities around that three-day-ish timeframe.

I feel like this is a weird form of insult, as everyone on here I am going by just pure speculation and have no secret sauce.

I am not trying to insult you.  Why does it seem like everyone is becoming so defensive these days? , or is it just me? (that is just a rhetorical question, by the way).    

In my earlier post, I was merely attempting to ask you for more details regarding your reverse bart prediction, and I thank you for your fairly specific response.    By the way, to your credit I got a response... vroom has not said, shit... yet.  

Just for clarification, I am not actually going to be taking any actual action based on your prediction, because I already have a system that seems to work for me, so I was exaggerating a bit (kind of meant to be a joke) when I asserted that I would take specific action(s).  

However, based on your prediction, I am going to be looking out for a reverse bart in the 3 day-ish range.  What's wrong with that?   This is a speculation thread, and you clarified one of your speculations, no?

sorry, I was busy sleeping. I have forwarded your question to my guts and will come back to you as soon I have an answer.

For some reason, you strike me as relatively alimentary oriented.  

[jojo69]

Thanks to micg for the original idea, and a huge thanks to xhomerx for translating that into something amazing:

omfg

lol

[Toxic2040]

Thanks to micg for the original idea, and a huge thanks to xhomerx for translating that into something amazing:



Avatar-sized

That ball sack of a chin is perfect.      *edit* I should say for that face.

+1 WOsMerit

[vroom]

[kenzawak]

nice set up?

I see you brought home the toilet paper from the other night's restaurant.
Now it's getting weird.