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Question: What happens first:
New ATH - 43 (69.4%)
<$60,000 - 19 (30.6%)
Total Voters: 62

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 26372477 times)
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Frozenlock
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May 07, 2013, 09:42:14 PM
 #5641

Hold 110. For the love of god please please hold. Sad

$110 seems to be a major short term resistance. I wouldn't be too worried.

(Inb4 $115 trolling me)
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May 07, 2013, 09:44:13 PM
 #5642

If we bounce of 110 where do you think we will fall to? 97 was the low earlier.
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May 07, 2013, 09:46:17 PM
 #5643

When you look at the chart going back a few months, it is pretty clear that that symmetrical like triangle is a part of the uptrend and NOT recent downtrend. Also, since it is symmetrical, that would be a good omen coming out of a big upmove. But I agree with you, I don't know.  Grin

Uptrend? Where?
Oh you mean this:


C'mon, clearly a bubble!  Cheesy

Edit: And this, children, is why we use logarithmic charts.

Thank you! And can you tell us, as others including myself have asked, where did you get that Logarithmic chart? Was it built custom from Gox data?


IAS

This charts was from bitcoincharts.com. Try, for example, http://bitcoincharts.com/charts/mtgoxUSD#rg60ztgSzm1g10zm2g25zvzl
Tick or untick the "Log Scale" box
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May 07, 2013, 09:47:32 PM
 #5644

If we bounce of 110 where do you think we will fall to? 97 was the low earlier.

Tan tan taaannn!

The singularity is near!

As others pointed out:
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May 07, 2013, 09:55:49 PM
 #5645

If we bounce of 110 where do you think we will fall to? 97 was the low earlier.

Tan tan taaannn!

The singularity is near!

As others pointed out:


It's "DAN DAN DAAAAAANN!"

 Tongue
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May 07, 2013, 09:57:46 PM
 #5646



Buyer beware.

You made a wedge that doesn't touch any candle extremities.  Angry

mmmmmh... those are by far the *best* wedges.
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May 07, 2013, 10:04:27 PM
 #5647

It's "DAN DAN DAAAAAANN!"

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May 07, 2013, 10:04:48 PM
 #5648

That was interesting. There was that sell order for 450-500 or so sitting on 110. As we blew to it it went up to 600 something...
This 110 level just keeps seeing more and more sells.

It's gone!!!
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May 07, 2013, 10:05:30 PM
 #5649

Woah! Nice movement!
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May 07, 2013, 10:05:52 PM
 #5650



I've seen this too. This is like, the legit wedge. All the others are just wanabes.
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May 07, 2013, 10:06:01 PM
 #5651

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May 07, 2013, 10:06:24 PM
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http://blogs.wsj.com/venturecapital/2013/05/07/coinbase-nabs-5m-in-biggest-funding-for-bitcoin-startup/
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May 07, 2013, 10:07:13 PM
 #5653

The secret rocket is taking off  Grin
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May 07, 2013, 10:08:16 PM
 #5654

Finally Chinese Fiat has arrived!

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May 07, 2013, 10:08:58 PM
 #5655

Breakout.

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May 07, 2013, 10:10:04 PM
 #5656

Well done lady's on to 120 and beyond Grin
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May 07, 2013, 10:10:19 PM
 #5657

when did 109 wall appear?
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May 07, 2013, 10:10:27 PM
 #5658

Did the bid wall just vanish?
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May 07, 2013, 10:12:44 PM
 #5659

Finally Chinese Fiat has arrived!



I am a big buyer  Grin

She is lovely   Tongue
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May 07, 2013, 10:15:27 PM
 #5660



I've seen this too. This is like, the legit wedge. All the others are just wanabes.

FWIW

datered linegreen line
5/8/2013116.9792.79
5/9/2013113.6394.93
5/10/2013110.3897.13
5/11/2013107.2299.38
5/12/2013104.16101.69
5/13/2013101.18104.04
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