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

[cool4y]

In case you are curious about the Ichimoku Cloud here is a short primer.

    Tenkan Sen - moving average of the highest high and lowest low over the last 9 trading days. (Highest high + Lowest low) / 2 over the last 9 trading days
    Kijun Sen - moving average of the highest high and lowest low over the last 26 trading days. (Highest high + Lowest low) / 2 over the last 26 trading days.
    Senkou Span A - the average of the Tenkan Sen and Kijun Sen, plotted 26 days ahead. (Tenkan Sen + Kijun Sen) / 2 plotted 26 days ahead
    Senkou Span B - the average of the highest high and lowest low over the last 52 days, plotted 26 days ahead. (Highest high + Lowest low) / 2 over the last 52 trading days plotted 26 days ahead.
    Chikou Span - the closing price plotted 26 days behind.

Ichimoku - Senkou Span A And Senkou Span B

==========
Senkou Span A - 1st leading line

The average of the Tenkan Sen and Kijun Sen, plotted 26 days ahead.
(Tenkan Sen + Kijun Sen) / 2 plotted 26 days ahead

The Senkou Span A, also known as the 1st leading line, is a moving average of the Tenkan Sen and Kijun Sen and is plotted 26 trading days ahead, i.e. into the future. It is primarily used in combination with the Senkou Span B to form the Kumo (cloud), to indicate probable future support and resistance levels.

As price tends to respect prior support and resistance levels, time-shifting this line forward gives a visual representation of how the price on a date relates to support and resistance from 26 trading days prior.

The trend is deemed to be bearish when the Senkou Span A is below the Senkou Span B and bullish when it is above.

==========
Senkou Span B - 2nd leading line

The average of the highest high and lowest low over the last 52 days, plotted 26 days ahead.
(Highest high + Lowest low) / 2 over the last 52 trading days plotted 26 days ahead.

The Senkou Span B, also known as the 2nd leading line, is a moving average of the highest high and lowest low over the last 52 trading days is plotted 26 trading days ahead, i.e. into the future. As such it is the longest term representation of equilibrium in the Ichimoku system. It is primarily used in combination with the Senkou Span A to form the Kumo (cloud), to indicate probable future support and resistance levels.

As price tends to respect prior support and resistance levels, time-shifting this line forward gives a visual representation of how the price on a date relates to support and resistance from 52 trading days prior.

The trend is deemed to be bearish when the Senkou Span A is below the Senkou Span B and bullish when it is above.

------------
Looking at the weekly cloud with different settings. These setting were developed for legacy trading markets and dont fully take into account the 24/7 nature of crypto and bitcoin. Changing these settings can produce radically different looking charts but the information is the same. It is just a matter of learning what is going on in the chart and using it to your advantage.

We still sit below the tenkan sen and kijun sen and continue to be drawn towards them. This coincides with us being below the TK, as now the trend is to follow the span B which is the upper part of the cloud now. We are sitting below that 2.618 fib and it looks like it might rise over the next few weeks. The median at the 0.618 fib might be within reach if the market decides to continue to rebound.
9/26/52/26


As we creep along the underside of the cloud a little upwards and sideways followed by a little more upwards until April. July oh my..
18/52/104/26


The cloud is showing a twist or change over in the end of April it looks like. As shown on the the two previous charts a twist can indicate extreme volatility. Also of interest is the spike in mid Summer followed by a long cold Fall. Then came Winter.
18/52/104/52


Look at and use multiple sources of data and try to paint a coherent picture is all you can do. And most important of all, is this is subject to change without notice...just in case you'd forgotten.
#stronghands'19

My gut tells me that from here there is only direction that we are heading - upwards and onwards 

[serveria.com]

In case you are curious about the Ichimoku Cloud here is a short primer.

    Tenkan Sen - moving average of the highest high and lowest low over the last 9 trading days. (Highest high + Lowest low) / 2 over the last 9 trading days
    Kijun Sen - moving average of the highest high and lowest low over the last 26 trading days. (Highest high + Lowest low) / 2 over the last 26 trading days.
    Senkou Span A - the average of the Tenkan Sen and Kijun Sen, plotted 26 days ahead. (Tenkan Sen + Kijun Sen) / 2 plotted 26 days ahead
    Senkou Span B - the average of the highest high and lowest low over the last 52 days, plotted 26 days ahead. (Highest high + Lowest low) / 2 over the last 52 trading days plotted 26 days ahead.
    Chikou Span - the closing price plotted 26 days behind.

Ichimoku - Senkou Span A And Senkou Span B

==========
Senkou Span A - 1st leading line

The average of the Tenkan Sen and Kijun Sen, plotted 26 days ahead.
(Tenkan Sen + Kijun Sen) / 2 plotted 26 days ahead

The Senkou Span A, also known as the 1st leading line, is a moving average of the Tenkan Sen and Kijun Sen and is plotted 26 trading days ahead, i.e. into the future. It is primarily used in combination with the Senkou Span B to form the Kumo (cloud), to indicate probable future support and resistance levels.

As price tends to respect prior support and resistance levels, time-shifting this line forward gives a visual representation of how the price on a date relates to support and resistance from 26 trading days prior.

The trend is deemed to be bearish when the Senkou Span A is below the Senkou Span B and bullish when it is above.

==========
Senkou Span B - 2nd leading line

The average of the highest high and lowest low over the last 52 days, plotted 26 days ahead.
(Highest high + Lowest low) / 2 over the last 52 trading days plotted 26 days ahead.

The Senkou Span B, also known as the 2nd leading line, is a moving average of the highest high and lowest low over the last 52 trading days is plotted 26 trading days ahead, i.e. into the future. As such it is the longest term representation of equilibrium in the Ichimoku system. It is primarily used in combination with the Senkou Span A to form the Kumo (cloud), to indicate probable future support and resistance levels.

As price tends to respect prior support and resistance levels, time-shifting this line forward gives a visual representation of how the price on a date relates to support and resistance from 52 trading days prior.

The trend is deemed to be bearish when the Senkou Span A is below the Senkou Span B and bullish when it is above.

------------
Looking at the weekly cloud with different settings. These setting were developed for legacy trading markets and dont fully take into account the 24/7 nature of crypto and bitcoin. Changing these settings can produce radically different looking charts but the information is the same. It is just a matter of learning what is going on in the chart and using it to your advantage.

We still sit below the tenkan sen and kijun sen and continue to be drawn towards them. This coincides with us being below the TK, as now the trend is to follow the span B which is the upper part of the cloud now. We are sitting below that 2.618 fib and it looks like it might rise over the next few weeks. The median at the 0.618 fib might be within reach if the market decides to continue to rebound.
9/26/52/26


As we creep along the underside of the cloud a little upwards and sideways followed by a little more upwards until April. July oh my..
18/52/104/26


The cloud is showing a twist or change over in the end of April it looks like. As shown on the the two previous charts a twist can indicate extreme volatility. Also of interest is the spike in mid Summer followed by a long cold Fall. Then came Winter.
18/52/104/52


Look at and use multiple sources of data and try to paint a coherent picture is all you can do. And most important of all, is this is subject to change without notice...just in case you'd forgotten.
#stronghands'19

So you're saying BTC at around $2k in 2020? Mmmmmkey..... 

[Lambie Slayer]

https://www.zerohedge.com/news/2019-01-05/restaurants-are-facing-labour-crisis-teenagers-leave-work-force

Teenage Wojak is done wagecucking. He knows he has accumulated enough BTC working extra shifts last year and now he is just gonna focus on his high school grades, girls, and Hodl.

https://imgur.com/a/MeWS9m4

Welcome to the new bull market of 2019

[El duderino_]

i could live with that

https://micky.com.au/russias-billions-could-trigger-bitcoin-bull-run-next-month/

[Cryptotourist]

I read 'em all

WO is the only "social media" I engage...so there's that...

+1
Just wanted to add that it requires a considerable amount of time & effort also.
And it's a long way ahead...

#

Morning WO's.

New Ledger X looking nice.
I'm not too worried about bridging the air gaped device with Bluetooth.
Transactions still need to be confirmed manually, and from what I understand Bluetooth is only there for communicating with Ledger live (on PC or mobile).
Surely pairing or connecting would need to be confirmed on the device.
Likewise, if my laptop - hence my Ledger live gets compromised - it's still useless to the attacker.

We have to accept that the private keys are safe and never leave the dedicated chip, else what? Use paper.

From FAQ:

Does Bluetooth affect the security of Ledger Nano X?
The private keys never leave the secure chip, therefore Bluetooth communication (BLE) does not expose the Ledger Nano X to any additional security threat. The BLE connection is end-to-end encrypted to protect user privacy. In the unlikely case, the BLE transport were to be compromised, an attacker would never be able to extract private keys or make users sign a transaction they do not wish to sign.

Time will tell.

[El duderino_]

have sold some shitcoins and converted them back into BTC, sended them to a wallet..... but the whitdrawl  mail is still pending from yesterday........
f***ing exchanges
someone knows what the problem could be ?

edit: nevermind n00b misstake, all of the mail come through but the approve whitdrawl went to JUNK ......

[ðºÞæ]

i could live with that

https://micky.com.au/russias-billions-could-trigger-bitcoin-bull-run-next-month/

Just another case of gradually replacing gold. It will end up in cold storage and will see as much daylight as other cold storage wallets.
Most Gold gets dug up for the whole purpose of reburying it in some dark vault.
To buy some candy with either is some dream, fantasy certain invitationals have.

[El duderino_]

true coiners walking around

even better would be if they wrote BITCOIN over crypto....
but this is OK as well

[El duderino_]

https://twitter.com/Cryptanzee/status/1082009617918541825

fun video

how does he find the fantasy of continuously making them

[El duderino_]

https://cryptonews.media/2019/01/07/japans-financial-regulator-may-approve-crypto-etfs-report/

[Lambie Slayer]

i could live with that

https://micky.com.au/russias-billions-could-trigger-bitcoin-bull-run-next-month/

“US sanctions may be mitigated only through Bitcoin   use,” Said Mr. Ginko, speaking to Micky from Moscow.

“Because of US sanctions Russia’s elite (jews Roach ??   ) is forced to dump US assets and US dollars and invest hugely   into Bitcoins.

“Central bank of Russia sits on $466 billion of reserves and has to diversify in case there is limited opportunities(he means 100k party will be too late to buy) to do it (in the future).”

Mr. Ginko is a confirmed high profile economist at the Russian Presidential Academy

This article is next level Bullish AF

[LFC_Bitcoin]

https://twitter.com/Cryptanzee/status/1082009617918541825

fun video

how does he find the fantasy of continuously making them

Haha, that’s fucking brilliant

Edit - And STFU rebal15, don’t hate on COINERS, peasant.

[El duderino_]

hahaha kinda really find them funny
almost leaving the thread for a few hours
sorry for the many posts

[Lambie Slayer]

have sold some shitcoins and converted them back into BTC, sended them to a wallet..... but the whitdrawl  mail is still pending from yesterday........
f***ing exchanges
someone knows what the problem could be ?

edit: nevermind n00b misstake, all of the mail come through but the approve whitdrawl went to JUNK ......

The problem is you are noob not only in crypto.

Whats this?? A new ass clown, come to challenge the new Bull Market and soon get rekt?? 

[El duderino_]

have sold some shitcoins and converted them back into BTC, sended them to a wallet..... but the whitdrawl  mail is still pending from yesterday........
f***ing exchanges
someone knows what the problem could be ?

edit: nevermind n00b misstake, all of the mail come through but the approve whitdrawl went to JUNK ......

The problem is you are noob not only in crypto.

I think i'm not that worse in life mate

hope your as happy as well over your own personal accomplishments, as I am

maybe i'm happy fast but thats also not that bad I guess

don't be salty, don't be bitter, have the best for your fellow man
it will get you further in life
 

[Globb0]

via Imgflip Meme Generator

…...at great profit

[El duderino_]

5000

[DeathAngel]

I can’t take anybody seriously who actively thinks BCH & or SV will overtake bitcoin & become the number one.
Trading isn’t for me but I understand why people may transfer some bitcoin into one of the above shitcoin’s temporarily to make profits during a temporary pump to then transfer that back into bitcoin.

Who the fuck holds & seriously believes in them though?

[rebal15]

5000

What is this??
Do something else man.

[gentlemand]

Who the fuck holds & seriously believes in them though?

Craig, Roger and Jihan's grannies.

They tell all their friends about how proud they are of their grandsons' 'new money' and get all their friends to go all in because they're very clever boys.