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

[Chef Ramsay]

Looks as if 1400cny might break

Think we are headed into the $230's finally.

OKcoin futures still unimpressed.

That's an interesting mexican jumping bean belly that you're trying to showcase. Adam, are you cleaning house w/ a shark model or what? I haven't seen this place so spic and span like in forever.

[Chef Ramsay]

I think GBTC will be interesting to watch! We can see specific players and the bids/asks they create and not all these anonymous walls we are used to. Hopefully someone makes a bot that shows the walls with the traders listed! 

We don't need that (a bot) to see what's going on. It's all obvious w/o it and no walls are needed as all crucial info is readily available on the GBTC page wherever it's listed.

[Chef Ramsay]

bulls getting trapped again.

even if we go to 230+ that will be just another good opportunity to short, nothing more.

this looks very weak.

Looks like bear trap to me....

Shorts will be shitting their pants at $235.

If you are trying to do a bull trap why would you do it on 4/20, with no news and a Monday.  

OKCoin futures increasing even with the CB dips.

I have a friend that is head over heals w/ cannabiscoin and is flying into that magical period thinking that his gains will stay intact or perhaps shed a few prior. Color me lol and do not care.

[BayAreaCoins]

bulls getting trapped again.

even if we go to 230+ that will be just another good opportunity to short, nothing more.

this looks very weak.

Looks like bear trap to me....

Shorts will be shitting their pants at $235.

If you are trying to do a bull trap why would you do it on 4/20, with no news and a Monday.  

OKCoin futures increasing even with the CB dips.

I have a friend that is head over heals w/ cannabiscoin and is flying into that magical period thinking that his gains will stay intact or perhaps shed a few prior. Color me lol and do not care.

The weed industry needs Bitcoin... not altcoins  .  Color me not impressed either & do not care.  Reported for off topic lol.

[BayAreaCoins]

Looks as if 1400cny might break

Think we are headed into the $230's finally.

OKcoin futures still unimpressed.

That's an interesting mexican jumping bean belly that you're trying to showcase.

Are you not impressed? ... Get it now?

Futures are increasing now though.

$224.06 and increasing!

[ChartBuddy]

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Explanation

[damiano]

bulls getting trapped again.

even if we go to 230+ that will be just another good opportunity to short, nothing more.

this looks very weak.

228-230 would be a sweet spot, but I don't think it will make it.


shoulder should be done sooner than later

[ChartBuddy]

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Explanation

[noobtrader]

bulls getting trapped again.

even if we go to 230+ that will be just another good opportunity to short, nothing more.

this looks very weak.

228-230 would be a sweet spot, but I don't think it will make it.


shoulder should be done sooner than later

agree...
i dont think ppl who goes long at 225 dump at 228, 300  here we go...  

EDIT: inverted head and shoulder ?

[ChartBuddy]

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Explanation

[0x3d]

Page 12345. Go BTC!  

+1, also 2nd. 3rd bubble incoming... Or is it the 4th? Let's go to 5000 already

[gizmoh]

 
“Not-So-Decentralized” Ripple Freezes $1m in User Funds

http://bitcoinist.net/not-decentralized-ripple-freezes-1m-user-funds/

[Fatman3001]

Volume not looking good. If we don't get a move on we might see a drop tomorrow.

[ChartBuddy]

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Explanation

[JimboToronto]

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How flat can we go?

Without any real walls to post about, it's not surprising we're only on page 12345.

Maybe if we had some bad news, good news doesn't seem to help...

 

[Tzupy]

I find this analysis good:
https://www.tradingview.com/chart/BTCUSD/rC6uMwPH-Bitcoin-Period-of-Consolidation/

[ChartBuddy]

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Explanation

[rebuilder]

Bitcoinity seems to display bids and asks wrong. price looks correct at 255, but there's supposedly a bidwall at 230 which makes no sense...

edit: n/m, it's just rounding.

[itod]

I find this analysis good:
https://www.tradingview.com/chart/BTCUSD/rC6uMwPH-Bitcoin-Period-of-Consolidation/

I find this one from 9 days ago much better:
https://www.tradingview.com/chart/BTCUSD/fIfCUBWW-Let-s-give-it-another-try/

Press play button on the right hand side of the chart to load new bars and see he predicted these passed 9 days very well.

[ChartBuddy]

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Explanation