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

[macsga]

And then I met pdawg! The only legit chartmaker in the whole bitcoin wall trollbox. You have my respect sir. Congrats.

WTF??? What wizardry is this?

[aminorex]

the eyes.  that shibe knows i want to drop-kick it's head.
the bottom support line looks like it's one bubble too low.

[geri]

I'm getting addicted to staring at candles, I should just let the orders sit and ignore it.

Please place bids, pretty plz, plz plz plz  plz plz  

pleeeeeasse!  

What app are you using for coinbase limit orders?

I've developed it, I thought I'd do some more testing and release it in a week.

//although there is app for Android made by someone else - Coinbase Trader

Please release and open this up on github when you are ready. I (and I suspect many others) would be interested in using and contributing to this. I've asked coinbase if they plan on adding this feature and they never reply back...

Yes I made it out of frustration myself. I will open it on github and will PM you once it's there.

[Mad Scientist]

Looks like that $800 wall is getting all eaten up!

[TooDumbForBitcoin]

could you paint a 3 month view, showing some key support / resistance levels

you paint such nice charts

Thanks,  when it get back to my desk,  I'll work one up...

pdawg is rawdawg's older, smarter, more talented brother

[ChartBuddy]

[adamstgBit]

Looks like that $800 wall is getting all eaten up!

idk

its really close to major resistance, i think we could have a false breakout then the market will turn on a dime and BIG sells offs come rushing in pushing price to 700 then panic sellers get it down to 650.

[TooDumbForBitcoin]

And then I met pdawg! The only legit chartmaker in the whole bitcoin wall trollbox. You have my respect sir. Congrats.

WTF??? What wizardry is this?

doge's can't spell

[Peter R]

And then I met pdawg! The only legit chartmaker in the whole bitcoin wall trollbox. You have my respect sir. Congrats.

WTF??? What wizardry is this?

doge's can't spell

I believe the correct translation into the DOGE dialect is "much resist" anyways.  The follows the DOGE Dialect Rule 14B: phrases should be no longer than 3 syllables whenever possible. 

[byronbb]

100k ltc buy smacked down. PPC and NMC on the move.

[fotosonics]

I'm getting addicted to staring at candles, I should just let the orders sit and ignore it.

Please place bids, pretty plz, plz plz plz  plz plz  

pleeeeeasse!  

What app are you using for coinbase limit orders?

I've developed it, I thought I'd do some more testing and release it in a week.

//although there is app for Android made by someone else - Coinbase Trader

Please release and open this up on github when you are ready. I (and I suspect many others) would be interested in using and contributing to this. I've asked coinbase if they plan on adding this feature and they never reply back...

Yes I made it out of frustration myself. I will open it on github and will PM you once it's there.

This is a novel innovation, much needed. Please advise when this app is available!

[Mike@Coinswag]

I'm getting addicted to staring at candles, I should just let the orders sit and ignore it.

https://dl.dropboxusercontent.com/u/18452903/2014-01-02-143422_1600x900_scrot.png

Please place bids, pretty plz, plz plz plz  plz plz 

pleeeeeasse! 

What app are you using for coinbase limit orders?

I've developed it, I thought I'd do some more testing and release it in a week.

//although there is app for Android made by someone else - Coinbase Trader

Please release and open this up on github when you are ready. I (and I suspect many others) would be interested in using and contributing to this. I've asked coinbase if they plan on adding this feature and they never reply back...

Yes I made it out of frustration myself. I will open it on github and will PM you once it's there.

This is a novel innovation, much needed. Please advise when this app is available!

You might as well just inform the whole thread. Much needed!

[Voodah]

looks like the namecoin choo choo rocket is getting ready to launch ... it's been a while

Alt's have been moving up all day. I think their tanks are empty by now.

EDIT: Actually, they're already dumping as I type.

[pdawg]

OK Here's my take on a 3 month time frame (got both the bears and bull covered):



Personally the price action around the 900 level will be very telling for me...

[OldGeek]

Nice market actions. 

[Nightowlace]

Off topic;

Anyone want a $100 Starbucks gift card for 0.1B PM me.

[adamstgBit]

OK Here's my take on a 3 month time frame (got both the bears and bull covered):



Personally the price action around the 900 level will be very telling for me...

very nice

i've got orders at major support

waiting patiently...

[Voodah]

Adam did you ever buy back?

[arepo]

OK Here's my take on a 3 month time frame (got both the bears and bull covered):

(img snip)

Personally the price action around the 900 level will be very telling for me...

since the top of your channel is determined only by the slope of the bottom line, which is solely determined by two points of data (both of which are extremes and which qualify as outliers), i'm not sure how robust this model is. the possible confounding scenarios are as follows:

scenario 1 (bearish, dark grey, less deviant, more likely): the deviance of the outliers caused you to underestimate the slope of the channel, and this consolidation is a decision point where we may either correct downward or break through.

scenario 2 (bullish, light grey, more deviant, less likely): the deviance of the outliers caused you to underestimate the slope of the channel, and this latest price action is a bullish breakout.



http://s16.postimg.org/un1muboz9/channel.png

===

regardless, always stress test your models!

--arepo

[spooderman]

So, people saying we're gonna get that one last chance to buy low. I hope so, I also have my bids, but everyday it looks less and less likely. I suppose one of us could trigger it by thinking "screw it, I'm gonna go all in." It's not gonna be me though...