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

[haightst]

china closing in on all time high while getting high at 3 AM in the morning!

imo-> we are pushing to /\700zZz i can just feel it! 

[gandhibt]

china closing in on all time high while getting high at 3 AM in the morning!

highs in highs

[haightst]

china closing in on all time high while getting high at 3 AM in the morning!

highs in highs

~once we break /\500 things are going to go crazy around here!!!   jmho

[Wekkel]

I can't wait 

[accord01]

might as well ask on here: how do you verify (?pgp key) that the bitcoin qt is legit from bitcoin.org ?

http://bitcoin.org/en/download

notice the .exe is 9mb but in actuality it is 11.1 mb.... did someone alter it?

[Odrec]

We're on the weekend don't we? shouldn't we be going down?

[ElectricMucus]

the working class is buying in china and they have free time on the weekends.

Any evidence to support that hypothesis or is that just made up because "It might probably be true" ?

[accord01]

might as well ask on here: how do you verify (?pgp key) that the bitcoin qt is legit from bitcoin.org ?

http://bitcoin.org/en/download

notice the .exe is 9mb but in actuality it is 11.1 mb.... did someone alter it?

sirus runs that site, i doubt something odd is going on. (unless hacked)

either way it is unprofessional to state a file is 9 mb and it is actually 11.1mb.  especially to a new user that is getting to know bitcoins

[notme]

might as well ask on here: how do you verify (?pgp key) that the bitcoin qt is legit from bitcoin.org ?

http://bitcoin.org/en/download

notice the .exe is 9mb but in actuality it is 11.1 mb.... did someone alter it?

sirus runs that site, i doubt something odd is going on. (unless hacked)

either way it is unprofessional to state a file is 9 mb and it is actually 11.1mb.  especially to a new user that is getting to know bitcoins

And whining about it in the Speculation subforum will get you nowhere.

File an issue here: https://github.com/bitcoin/bitcoin.org/issues

[Love_and_Squalor]

http://www.mql5.com/en/charts/1048012/btcusd-h1-distel-enterprise

technical analysis and forecast for next week. we've been trading within an ascending channel as indicated by the pink lines. I expect price to stay within the channel from now until early Monday morning, so trades may be placed accordingly using the top and bottom as exit and entry points with expected gains around $30 per BTC. The yellow lines correspond to a hidden divergence pattern which indicates the the trend will continue upward thus I expect the market to remain bullish. Even with reduced volume during the weekend price still remained bullish, as indicated by the ascending channel. I expect R1 to turn into a support level although i accept that price may dip to S1,S2, or,S3. one could place buy orders at these levels and adjust risk and reward  as necessary. If price moves below S3 I would not feel comfortable placing buy orders and would wait for the price to level out. Finally I expect price to move upward similar to last week with gains in the $100-$200 range.

Note

I do however expect significant resistance at the $500 and $600 levels. If things remain bullish at these levels there might be opportunities to trade as price bounces off the resistance 

[Rupture]

Ugh it's crawling slowly towards 500

[ShroomsKit]

http://www.mql5.com/en/charts/1048012/btcusd-h1-distel-enterprise

technical analysis and forecast for next week. we've been trading within an ascending channel as indicated by the pink lines. I expect price to stay within the channel from now until early Monday morning, so trades may be placed accordingly using the top and bottom as exit and entry points with expected gains around $30 per BTC. The yellow lines correspond to a hidden divergence pattern which indicates the the trend will continue upward thus I expect the market to remain bullish. Even with reduced volume during the weekend price still remained bullish, as indicated by the ascending channel. I expect R1 to turn into a support level although i accept that price may dip to S1,S2, or,S3. one could place buy orders at these levels and adjust risk and reward  as necessary. If price moves below S3 I would not feel comfortable placing buy orders and would wait for the price to level out. Finally I expect price to move upward similar to last week with gains in the $100-$200 range.

Note

I do however expect significant resistance at the $500 and $600 levels. If things remain bullish at these levels there might be opportunities to trade as price bounces off the resistance  

You are actually serious with this stuff? I mean you actually believe it?

[haightst]

what is this talk about changing passwords on bitstamp accounts? looking up info on the people who run it? what's going on over there?    i haven't had any funds on there in little while.

http://en.wikipedia.org/wiki/Professor_Moriarty


 


LOL !

[ardana123]

Anyone think there might be some selling in preparation of Monday's hearings?

[Love_and_Squalor]

http://www.mql5.com/en/charts/1048012/btcusd-h1-distel-enterprise

technical analysis and forecast for next week. we've been trading within an ascending channel as indicated by the pink lines. I expect price to stay within the channel from now until early Monday morning, so trades may be placed accordingly using the top and bottom as exit and entry points with expected gains around $30 per BTC. The yellow lines correspond to a hidden divergence pattern which indicates the the trend will continue upward thus I expect the market to remain bullish. Even with reduced volume during the weekend price still remained bullish, as indicated by the ascending channel. I expect R1 to turn into a support level although i accept that price may dip to S1,S2, or,S3. one could place buy orders at these levels and adjust risk and reward  as necessary. If price moves below S3 I would not feel comfortable placing buy orders and would wait for the price to level out. Finally I expect price to move upward similar to last week with gains in the $100-$200 range.

Note

I do however expect significant resistance at the $500 and $600 levels. If things remain bullish at these levels there might be opportunities to trade as price bounces off the resistance  

You are actually serious with this stuff? I mean you actually believe it?

its just a way to make educated guesses based on probabilities. it has to be combined with money management as well to be effective. Is it really that absurd though?
 

[CoinDox]

http://www.mql5.com/en/charts/1048012/btcusd-h1-distel-enterprise

technical analysis and forecast for next week. we've been trading within an ascending channel as indicated by the pink lines. I expect price to stay within the channel from now until early Monday morning, so trades may be placed accordingly using the top and bottom as exit and entry points with expected gains around $30 per BTC. The yellow lines correspond to a hidden divergence pattern which indicates the the trend will continue upward thus I expect the market to remain bullish. Even with reduced volume during the weekend price still remained bullish, as indicated by the ascending channel. I expect R1 to turn into a support level although i accept that price may dip to S1,S2, or,S3. one could place buy orders at these levels and adjust risk and reward  as necessary. If price moves below S3 I would not feel comfortable placing buy orders and would wait for the price to level out. Finally I expect price to move upward similar to last week with gains in the $100-$200 range.

Note

I do however expect significant resistance at the $500 and $600 levels. If things remain bullish at these levels there might be opportunities to trade as price bounces off the resistance  

You are actually serious with this stuff? I mean you actually believe it?

Hey man, leave him alone, he just likes to draw don't you see?!

[ChartBuddy]

[CoinDox]

http://www.mql5.com/en/charts/1048012/btcusd-h1-distel-enterprise

technical analysis and forecast for next week. we've been trading within an ascending channel as indicated by the pink lines. I expect price to stay within the channel from now until early Monday morning, so trades may be placed accordingly using the top and bottom as exit and entry points with expected gains around $30 per BTC. The yellow lines correspond to a hidden divergence pattern which indicates the the trend will continue upward thus I expect the market to remain bullish. Even with reduced volume during the weekend price still remained bullish, as indicated by the ascending channel. I expect R1 to turn into a support level although i accept that price may dip to S1,S2, or,S3. one could place buy orders at these levels and adjust risk and reward  as necessary. If price moves below S3 I would not feel comfortable placing buy orders and would wait for the price to level out. Finally I expect price to move upward similar to last week with gains in the $100-$200 range.

Note

I do however expect significant resistance at the $500 and $600 levels. If things remain bullish at these levels there might be opportunities to trade as price bounces off the resistance 

You are actually serious with this stuff? I mean you actually believe it?

its just a way to make educated guesses based on probabilities. it has to be combined with money management as well to be effective. Is it really that absurd though?
 

To be honest technical analysis with proper money management yields returns yes - but a Bot can easily do that for you if you back-tests it effectively. With pure technicals, no true knowledge is gained about the underlying forces involved - the drivers of the prices and the delicate balance of the public's sentiment, big holders book's, and BTC's underlying fundamentals.

[theonewhowaskazu]

To be perfectly honest I'm fairly sure a simple trend/momentum strategy will work better here than any of this fibo/elliot shiz.

[Love_and_Squalor]

http://www.mql5.com/en/charts/1048012/btcusd-h1-distel-enterprise

technical analysis and forecast for next week. we've been trading within an ascending channel as indicated by the pink lines. I expect price to stay within the channel from now until early Monday morning, so trades may be placed accordingly using the top and bottom as exit and entry points with expected gains around $30 per BTC. The yellow lines correspond to a hidden divergence pattern which indicates the the trend will continue upward thus I expect the market to remain bullish. Even with reduced volume during the weekend price still remained bullish, as indicated by the ascending channel. I expect R1 to turn into a support level although i accept that price may dip to S1,S2, or,S3. one could place buy orders at these levels and adjust risk and reward  as necessary. If price moves below S3 I would not feel comfortable placing buy orders and would wait for the price to level out. Finally I expect price to move upward similar to last week with gains in the $100-$200 range.

Note

I do however expect significant resistance at the $500 and $600 levels. If things remain bullish at these levels there might be opportunities to trade as price bounces off the resistance  

You are actually serious with this stuff? I mean you actually believe it?

its just a way to make educated guesses based on probabilities. it has to be combined with money management as well to be effective. Is it really that absurd though?
 

To be honest technical analysis with proper money management yields returns yes - but a Bot can easily do that for you if on back-tests it effectively. With pure technicals, no true knowledge is gained about the underlying forces involved - the drivers of the prices and the delicate balance of the public's sentiment, big holders book's, and BTC's underlying fundamentals.

most bots use indicators to make entry and exit points, they're using technical analysis as well