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

[ChartBuddy]

Coin
Explanation

[phoenix1]

DanV update:

<snip>

Thx,

I understand that he is a respected analyst, but didn't his last chart put us in the low 100s by now?

Late June - August was his timeframe for that count

Still, we are not making much progress towards it!

[alesx.onfire]

Coin
Explanation

229.999999999 4life

[biggus dickus]

DanV update:



https://www.tradingview.com/chart/BTCUSD/6S9Si6F7-BTCUSD-STILL-REMAINS-IN-OVERALL-BEARISH-CYCLE-UPDATE/

That was from about two days ago when the price was around 229. He said that prediction was only valid if the price topped out at around 229. It's gone up to 232 since then so it's looking like it might not work out as he predicted.

Are these predictions that sensitive? You could say it overshot a bit and the top is $229, which it seems to be hovering around atm.

I don't know but he didn't seem too sure of himself when he made his prediction. The quote below is the advice he gave with the chart.

Hi All. Good Evening. Not entirely sure of the counts in that if it is a leading diagonal but could well be if it tops out in this area.

It's gone slightly higher than he predicted but he also predicted it would have already have gone down heavily by now. It might work out like he said but he did say he wasn't entirely sure.

[phoenix1]

Are these predictions that sensitive? You could say it overshot a bit and the top is $229, which it seems to be hovering around atm.

Some of them are. In this one, he was suggesting it could be a leading diagonal - in which case it has to remain within the bounds of a diagonal channel. It was very close to the top of said diagaonal when he made the forecast, hence why he was unsure and why invalidation can happen within a few $'s

Also I did not see anytinhg said about a sharp drop - the arrow is intended to show direction, not exact path or timing

FWIW, it looks pretty much invalidated to me now, but I am no expert.

[Fatman3001]

DanV update:

<snip>

Thx,

I understand that he is a respected analyst, but didn't his last chart put us in the low 100s by now?

Late June - August was his timeframe for that count

Still, we are not making much progress towards it!

Just looking at this from May,



June 10th is at $133-$134.

[phoenix1]

@Fatman

Can you read the bit that says 'Back end of June to August' ?  
At the bottom of the red arrow ? That is his target zone ... price and time

I know you want to slice him up, but not reading what he has posted is not the way to do it

[Fatman3001]

@Fatman

Can you read the bit that says 'Back end of June to August' ?  
At the bottom of the red arrow ? That is his target zone ... price and time

(X)I know you want to slice him up, but not reading what he has posted is not the way to do it

Nope, I don't think I'm looking at the same stuff as you do.

Edit: Ok, I'm there,sry

Edit 2: Regarding X. No, I want him to start posting choo choo trains!

[phoenix1]

@Fatman

Can you read the bit that says 'Back end of June to August' ?  
At the bottom of the red arrow ? That is his target zone ... price and time

(X)I know you want to slice him up, but not reading what he has posted is not the way to do it

Nope, I don't think I'm looking at the same stuff as you do.

Edit: Ok, I'm there,sry

Edit 2: Regarding X. No, I want him to start posting choo choo trains!

LOL!! I see, you want him to post bullish counts and be right ! Fair Enough !
Unfortunately, even if we go above $250 (which would invalidate that particular chart but not his overall EW count), I'm afraid he won't be doing that yet. Sorry, he's going to have to remain in your 'unfavoured analysts list' a while longer  

[Fatman3001]

@Fatman

Can you read the bit that says 'Back end of June to August' ?  
At the bottom of the red arrow ? That is his target zone ... price and time

(X)I know you want to slice him up, but not reading what he has posted is not the way to do it

Nope, I don't think I'm looking at the same stuff as you do.

Edit: Ok, I'm there,sry

Edit 2: Regarding X. No, I want him to start posting choo choo trains!

LOL!! I see, you want him to post bullish counts and be right ! Fair Enough !
Unfortunately, even if we go above $250 (which would invalidate that particular chart), I'm afraid he won't be doing that yet. Sorry, he's going to have to remain in your 'unfavoured analysts list' a while longer  

Consistently! I wanna buy a boat too!




HONK! HONK!

[ChartBuddy]

Coin
Explanation

[dakota neat]

let's end this embarrassing pathetic bear market finally. it lasted way to long.
i'm tired of the ugliness.

but still. better lose a few k fiat before missing the train when this thing lifts off.
believe me. i've been through both. fomo is much worse and that's because deep inside you know what bitcoin will be.

give up, bears. you can be happy again and leave the ugliness.

[adamstgBit]

holy fuck this is a boring ass day

[adamstgBit]

[adamstgBit]

finally some excitement

[phoenix1]

Consistently! I wanna buy a boat too!




HONK! HONK!

FTFY
Go for it!! Today !!

Remember, give a man a fish and he will eat for a day. Teach him how to fish, and he will sit in a boat and drink beer all day.

[LFC_Bitcoin]

I must admit the daily 10-20% price swings were a lot more entertaining than what we've been witnessing the last few months. It's pretty dull at the moment, both sides are getting excited when there's a 5 dollar swing either way.
It would be nice to wake up and see a 30-40 dollar pump, that kind of price action seems unthinkable atm, up or down.
We need some significant news, I'm getting bored.

[DutchTrades]

finally some excitement

Did u become a bear to

[Fatman3001]

Consistently! I wanna buy a boat too!




HONK! HONK!

FTFY
Go for it!! Today !!

Remember, give a man a fish and he will eat for a day. Teach him how to fish, and he will sit in a boat and drink beer all day.

You bastard, I told you never to show it to anyone.

[inca]

Longs up to 28 million. Shorts about 22.5k.

Boring day. The increase in long positions may indicate some upcoming news.