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

[xhomerx10]

From what I have seen, it seems as though the skyward shots are directly preceded by two or more weekly red candles.  I think it's time to strap in again. HODLn'!

edit: sorry...cant attach an image since I'm on an old tablet with bad memory (both of ours)

Well you are NOT fucking going to get two or more preceding weekly red candles, because currently, under present facts, we only have one preceding red weekly candle and we are in the middle of a second weekly candle that happens to currently be red (and price needs to go above $4250 for this week's currently red candle to transform into green - and we are only about half way into this week's candle)...


Your point about returning up on a kind of rocket (from here), may or may not happen...  I would not be surprised either way, at this point.  It seems a bit unclear at this point whether the bears are exhausted and whether enough FUD has been effectively disseminated in order to cause regular folks to panic dump, after already going through an approximately 25% correction...  as we stand, currently.

 You speak as if I WANT 2 weekly red candles and I don't really care so much for the red as I prefer the green.  Also, what if my  chart is set up such that a week started on August 28th?  I am seeing red... More specifically, 2 red weekly candles and if those lead to a rocketing skyward if only by coincidence, I will still celebrate.
 

You don't select your own week.. we tend to use standards.. .such as bitstamp and bitcoinwisdom...   If you are using some other standard, then you should point that out in order that others understand what you are saying.  right?

 If I pull up bitcoinwisdom and select weekly, I see two red candles and one is getting bigger.  What do you see?!

[LFC_Bitcoin]

Not going to lie, this is pretty shitty. I hope the price doesn't fall too much more, surely not.

[yrtrnc]

Yey, flash crash. Not like they used to be but still fun.

[mastrox92]

Finally a good dip to buy in.

wait for 3010~3050

[JayJuanGee]

From what I have seen, it seems as though the skyward shots are directly preceded by two or more weekly red candles.  I think it's time to strap in again. HODLn'!

edit: sorry...cant attach an image since I'm on an old tablet with bad memory (both of ours)

Well you are NOT fucking going to get two or more preceding weekly red candles, because currently, under present facts, we only have one preceding red weekly candle and we are in the middle of a second weekly candle that happens to currently be red (and price needs to go above $4250 for this week's currently red candle to transform into green - and we are only about half way into this week's candle)...


Your point about returning up on a kind of rocket (from here), may or may not happen...  I would not be surprised either way, at this point.  It seems a bit unclear at this point whether the bears are exhausted and whether enough FUD has been effectively disseminated in order to cause regular folks to panic dump, after already going through an approximately 25% correction...  as we stand, currently.

 You speak as if I WANT 2 weekly red candles and I don't really care so much for the red as I prefer the green.  Also, what if my  chart is set up such that a week started on August 28th?  I am seeing red... More specifically, 2 red weekly candles and if those lead to a rocketing skyward if only by coincidence, I will still celebrate.
 

You don't select your own week.. we tend to use standards.. .such as bitstamp and bitcoinwisdom...   If you are using some other standard, then you should point that out in order that others understand what you are saying.  right?

 If I pull up bitcoinwisdom and select weekly, I see two red candles and one is getting bigger.  What do you see?!

O.k.. at least we are on the same page, then.

One red candle is for last week and the other red candle is for the week that we are currently in.

The weekly candle on that platform closes at midnight sunday Universal Time (UT).

By the way, it would not be accurate to talk about past weekly candles when referring to a current week, even if odds might be pretty decent that this week will turn out red.  Actually the odds of this week's candle remaining red are greater now, then they were when you had made the first post in this thread of discussion.

[Paashaas]

Maximum pain reached?

[Sukovsky]

Just wait until those corrupt Chinese flipflops bought all the cheap coins. Then BTCC will come with a statement like " Oh guys, that's not what we meant! It's only gonna be for a week and then we'll resume trading certified"

[toknormal]

[xhomerx10]

From what I have seen, it seems as though the skyward shots are directly preceded by two or more weekly red candles.  I think it's time to strap in again. HODLn'!

edit: sorry...cant attach an image since I'm on an old tablet with bad memory (both of ours)

Well you are NOT fucking going to get two or more preceding weekly red candles, because currently, under present facts, we only have one preceding red weekly candle and we are in the middle of a second weekly candle that happens to currently be red (and price needs to go above $4250 for this week's currently red candle to transform into green - and we are only about half way into this week's candle)...


Your point about returning up on a kind of rocket (from here), may or may not happen...  I would not be surprised either way, at this point.  It seems a bit unclear at this point whether the bears are exhausted and whether enough FUD has been effectively disseminated in order to cause regular folks to panic dump, after already going through an approximately 25% correction...  as we stand, currently.

 You speak as if I WANT 2 weekly red candles and I don't really care so much for the red as I prefer the green.  Also, what if my  chart is set up such that a week started on August 28th?  I am seeing red... More specifically, 2 red weekly candles and if those lead to a rocketing skyward if only by coincidence, I will still celebrate.
 

You don't select your own week.. we tend to use standards.. .such as bitstamp and bitcoinwisdom...   If you are using some other standard, then you should point that out in order that others understand what you are saying.  right?

 If I pull up bitcoinwisdom and select weekly, I see two red candles and one is getting bigger.  What do you see?!

O.k.. at least we are on the same page, then.

One red candle is for last week and the other red candle is for the week that we are currently in.

The weekly candle on that platform closes at midnight sunday Universal Time (UT).

By the way, it would not be accurate to talk about past weekly candles when referring to a current week, even if odds might be pretty decent that this week will turn out red.  Actually the odds of this week's candle remaining red are greater now, then they were when you had made the first post in this thread of discussion.

Thanks, I understand now.  I'm not a trader; I'm a hodler.  I know just enough about a technical chart to be dangerous.

[BlindMayorBitcorn]

Btw BTCC is just about their involvement in ICOs.

https://twitter.com/YourBTCC/status/908285586368167936

[luckygenough56]

fuck crypto, only fiat matters

[BlindMayorBitcorn]

This just in. Anyone caught using the words 'Bit' or 'coin' on Chinese social media will now lose two citizen credits.

[Spaceman_Spiff_Original]

The lack of fear here makes me think this has further to go down. 

Why should we fear the opportunity to buy more cheap coins?

I didn't say you should.

[gentlemand]

Btw BTCC is just about their involvement in ICOs.

https://twitter.com/YourBTCC/status/908285586368167936

https://twitter.com/cnLedger/status/908299020807790594

[Asrael999]

I am now conflicted, I really don't want BCC which I dislike to have A marketcap lower than that of cripple which I hate.

[gentlemand]

I am now conflicted, I really don't want BCC which I dislike to have A marketcap lower than that of cripple which I hate.

Is it sneaking into your bed at night and putting its fingers in your knickers? If not then you may as well let it do its thing.

[davey76]

Wow! Bitcoin @ $3500. Will we see $3000 today? I wonder when I better start buying? What you guys?

[FractalUniverse]

..And suddenly, this thread is full of bears   what happened?!

When another 10 new bears appear I'll start to buy for long term holding again

[flyer88]

[El duderino_]

Let us hope this resistance @ $3,500/USD HODLs.

Yes for me dips don't need to be to big as Well,......