micalith
|
|
July 22, 2013, 10:48:42 PM |
|
@all: How goo is the signal produced by one wall bought in this case? In other words: Would you buy/sell depending on the outcome of this stand off?
I would discount the event in which one wall would get pulled before substantially reduced by executed orders as a valid signal. So one wall HAS to be bought for this to have any meaning to me.
I'm not reading so much into it. I thought it's just the minimum sized no-slippage buy possible. Plus, if it gets sold into, another one can go up. Not a bad strategy to prevent from frightening sheep or bots
|
|
|
|
|
|
Remember that Bitcoin is still beta software. Don't put all of your money into BTC!
|
|
|
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
|
|
ChartBuddy
Legendary
Offline
Activity: 2170
Merit: 1776
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
|
|
July 22, 2013, 11:01:17 PM |
|
|
|
|
|
ChartBuddy
Legendary
Offline
Activity: 2170
Merit: 1776
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
|
|
July 23, 2013, 12:01:14 AM |
|
|
|
|
|
Spekulatius
Legendary
Offline
Activity: 1022
Merit: 1000
|
|
July 23, 2013, 01:00:04 AM |
|
I think we will retest 100 now. EMAs 10 and 21 (Goomboos) look good in 1hr and 2hr chart (my favorite periods for them), PSAR of 4hr chart as well, Bollinger Bands of 4hr and 6hr charts get narrow while we are on the upper half and rising, we just laid down a tripple bottom on the 88 USD resistance, although with little volume, and the Fibonachi retracements of the last big moves from 65 and 104 and from 104 to only 86 look quite bullish. On the other hand there is a plethora of resistances coming up ahead all the way to the menacing 100 USD resistance, we had little volume so far to fuel the rocket and resemblance to the 2011 bubble would suggest that we simply keep bouncing off that resistance till we break it at low levels, lower then these for sure. Add to that that no real capitulation stage could be felt yet in these forums, so we may just as well dip down after a small sucker rally on low volume Time will tell but I think we are at least in for another resistance test.
|
|
|
|
ChartBuddy
Legendary
Offline
Activity: 2170
Merit: 1776
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
|
|
July 23, 2013, 01:01:02 AM |
|
|
|
|
|
ElectricMucus
Legendary
Offline
Activity: 1666
Merit: 1057
Marketing manager - GO MP
|
|
July 23, 2013, 01:13:55 AM |
|
Time will tell but I think we are at least in for another resistance test.
Seems reasonable
|
|
|
|
Nightowlace
|
|
July 23, 2013, 01:55:01 AM |
|
Time will tell but I think we are at least in for another resistance test.
Seems reasonable So I should sell at $99.98 and wait to buy back at $90? That would be a nice 10% pick up.
|
|
|
|
ChartBuddy
Legendary
Offline
Activity: 2170
Merit: 1776
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
|
|
July 23, 2013, 02:01:14 AM |
|
|
|
|
|
adamstgBit
Legendary
Offline
Activity: 1904
Merit: 1037
Trusted Bitcoiner
|
|
July 23, 2013, 02:41:45 AM |
|
Time will tell but I think we are at least in for another resistance test.
Seems reasonable So I should sell at $99.98 and wait to buy back at $90? That would be a nice 10% pick up. lol
|
|
|
|
Spekulatius
Legendary
Offline
Activity: 1022
Merit: 1000
|
|
July 23, 2013, 02:58:55 AM |
|
Time will tell but I think we are at least in for another resistance test.
Seems reasonable So I should sell at $99.98 and wait to buy back at $90? That would be a nice 10% pick up. Be my guest
|
|
|
|
ChartBuddy
Legendary
Offline
Activity: 2170
Merit: 1776
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
|
|
July 23, 2013, 03:01:16 AM |
|
|
|
|
|
Spekulatius
Legendary
Offline
Activity: 1022
Merit: 1000
|
|
July 23, 2013, 03:22:21 AM |
|
If this baby goes down though, I believe 90 is no save bet as we will at least go back to 70, maybe lower.
|
|
|
|
btcton
Legendary
Offline
Activity: 1288
Merit: 1007
|
|
July 23, 2013, 03:58:23 AM |
|
If this baby goes down though, I believe 90 is no save bet as we will at least go back to 70, maybe lower.
Not at all, we're bouncing around the high 80's. It is probably going to stay stable for a while and then go up just before going back down. It will stabilize at a higher value.
|
|
|
|
zoinky
|
|
July 23, 2013, 03:59:45 AM |
|
If this baby goes down though, I believe 90 is no save bet as we will at least go back to 70, maybe lower.
Not at all, we're bouncing around the high 80's. It is probably going to stay stable for a while and then go up just before going back down. It will stabilize at a higher value. What makes you say this?
|
|
|
|
ChartBuddy
Legendary
Offline
Activity: 2170
Merit: 1776
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
|
|
July 23, 2013, 04:01:17 AM |
|
|
|
|
|
Ultraviolet
Member
Offline
Activity: 84
Merit: 10
|
|
July 23, 2013, 04:09:32 AM |
|
My favourite part is when people extol "stability" while conveniently ignoring abysmal volume.
|
|
|
|
ChartBuddy
Legendary
Offline
Activity: 2170
Merit: 1776
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
|
|
July 23, 2013, 05:01:20 AM |
|
|
|
|
|
N12
Donator
Legendary
Offline
Activity: 1610
Merit: 1010
|
|
July 23, 2013, 05:52:42 AM |
|
The spread between MtGox and Bitstamp is going crazy again. Even though they have about the same volume as of recent, their prices differ by over 8% right now.
▲ mtgoxUSD 93.7900 ▲ bitstampUSD 86.5400 ▲ btceUSD 84.5380
|
|
|
|
Ares
|
|
July 23, 2013, 05:54:59 AM |
|
|
|
|
|
ChartBuddy
Legendary
Offline
Activity: 2170
Merit: 1776
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
|
|
July 23, 2013, 06:01:16 AM |
|
|
|
|
|
|