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

[suda123]

Ok, all forms of TA and guessing are now useless.  No dump or pump occurred, it just randomly goes sideways within margin of error for no reason.

Ahh TA still tells a story though of who's playing. also hi /pol/

[r0ach]

Ok, all forms of TA and guessing are now useless.  No dump or pump occurred, it just randomly goes sideways within margin of error for no reason.

Ahh TA still tells a story though of who's playing. also hi /pol/

A lot of dumps were absorbed to hold that so I'm expecting gigantic green candle soon.  Otherwise nobody would have gone through the effort of holding price on bottom of wave.

[marcus_of_augustus]

so much doubt, worry and fear ... this place has the stench of imminent upside explosion all around

take a look at the set-up, it is classic (and manipulator just got buttrekt)

[ChartBuddy]

Coin



Explanation

[r0ach]

Last chance to sell before it goes to $32,000

[marcus_of_augustus]

http://bitcoincharts.com/markets/

wait, the wall is not totally green, localbitcoin swedish krona sold off ... oh noes.

[r0ach]

While everyone waits for triangle to converge, a message from the exalted, great leader, CEO of Bitcoin:

[ChartBuddy]

Coin



Explanation

[Karartma1]

Ok, all forms of TA and guessing are now useless.  No dump or pump occurred, it just randomly goes sideways within margin of error for no reason.

Same thoughts from my side and I don't care anymore about charts since they we were wrong most of the time: BTC price movemente has a life of its own which is simply fascinating to follow but so hard to predict. Maybe the main reason why is like this is because more and more new players start playing this game. But is ho hard to tell.

[Fatman3001]

WOW!

[podyx]

Good buying opportunity? 

What do you think?

[Tzupy]

Damn, missed this shorting opportunity... I woke up and it looked like there is time, so I went to the bathroom, came back minutes later and saw the fresh red dildo.

[Fatman3001]

There's pretty good volume on this dump.

There is a lot of trading at 362. Will be interesting to see if we slide up when the panic selling settles.

Edit: How many of those who sold post dumpage did so because they thought the price will fall further and how many because they thought: "JEEEEEEEBUS, GTFO ASAP!!!!"?

[Rallye]

There's pretty good volume on this dump.

There is a lot of trading at 362. Will be interesting to see if we slide up when the panic selling settles.

Edit: How many of those who sold post dumpage did so because they thought the price will fall further and how many because they thought: "JEEEEEEEBUS, GTFO ASAP!!!!"?

i would have held if i could edit my damn stop loss on magnr.  instead i sold automatically at 363.  I'm gonna go with there being support at 364.  just bought back in at 364.7. 

[Tstar]

I bought most of my bitcoins when they were around 200$. Until we are above 300$ I really don't care about price movement: I only monitor it to avoid future losses. If we go up better for me 

[ChartBuddy]

Coin



Explanation

[Fatman3001]

There's pretty good volume on this dump.

There is a lot of trading at 362. Will be interesting to see if we slide up when the panic selling settles.

Edit: How many of those who sold post dumpage did so because they thought the price will fall further and how many because they thought: "JEEEEEEEBUS, GTFO ASAP!!!!"?

i would have held if i could edit my damn stop loss on magnr.  instead i sold automatically at 363.  I'm gonna go with there being support at 364.  just bought back in at 364.7. 

Of course. Stop Loss.

I don't think my brain is awake yet.

[Rallye]

There's pretty good volume on this dump.

There is a lot of trading at 362. Will be interesting to see if we slide up when the panic selling settles.

Edit: How many of those who sold post dumpage did so because they thought the price will fall further and how many because they thought: "JEEEEEEEBUS, GTFO ASAP!!!!"?

i would have held if i could edit my damn stop loss on magnr.  instead i sold automatically at 363.  I'm gonna go with there being support at 364.  just bought back in at 364.7. 

Of course. Stop Loss.

I don't think my brain is awake yet.

The worst is when you wake up at 4 AM to your bitcoinwisdom alarm and end up making poor trading decisions because you are still 90% asleep. 

[r0ach]

I saw a lot of manipulation trying to extend the wedge to the upside and it took FOREVER for that wedge to break down and go one direction or another so I didn't go by my original gut instinct:

01[21:24] <r0ach> dump that breaks the trend and wedge is usually more harmful that one after immediate pump, which would probably take it to $362ish

Oh well, all my coins were bought at $230 anyway.

[coinpr0n]

The correction to a slightly lower price is alright (still above $360, so that's nice) ... but I'm going to go ahead and blame reddit for the crash.