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

[ChartBuddy]

Explanation

[fillippone]

#few

Had to shrink it down because those hairs are gross...

#justsaying

#nohomo 

Just a real man's arm, a real bitcoiner's arm with some stonecold diamond HODLer hands attachted to them.....

Just the ones a mortal guy wants to avoid at all time 

You are then ready for the elusive “Hairy wrists gallery”:

#meritislife: how to be notified on a smartband of merits and mentions

The most complete gallery of the hairy bitcointalk users’ wrists.

[ChartBuddy]

Explanation

[Hueristic]

Hahaha.



https://twitter.com/cz_binance/status/1116563034476957699

[JayJuanGee]

#few

Had to shrink it down because those hairs are gross...

#justsaying

#nohomo 

Just a real man's arm, a real bitcoiner's arm with some stonecold diamond HODLer hands attachted to them.....

Just the ones a mortal guy wants to avoid at all time 

You are then ready for the elusive “Hairy wrists gallery”:

#meritislife: how to be notified on a smartband of merits and mentions

The most complete gallery of the hairy bitcointalk users’ wrists.

hahahaha

I admit that I purposefully left the whole claim of hairy and gross in a kind of ambiguous way, because you know that sometimes it is good to leave a joke or an exaggeration as a bit vague, in order for it to be MOAR funnier...

But I will just clarify that was not really referring to the wrist hair, but instead the forearm hair that kind of interfere with the dude tattoo image.. .. and the hair look/distraction (of the "real man") comes out more on the larger picture...

[ChartBuddy]

Explanation

[HI-TEC99]

Hahaha.



https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.ibb.co%2F4M5nhNg%2FCZ.jpg&t=627&c=22guyfF3zYauZg

https://twitter.com/cz_binance/status/1116563034476957699


Have no clue why image is not displaying.

This one?

[Arriemoller]

Halleluja!!

In an hour a thunderstorm is coming and the temperature is going to do a sharp drop from 28 degrees to 20 degrees. At least according to the forecast from SMHI.

Liars, there was no thunder. Just a slight drop in temperature and some very light rain.
Seems we won't get a break until Sunday, I almost fainted when I went shopping today, got me some dehydrating stuff now.

[Arriemoller]

Pepper Your Angus


Sub $30,000 today.

Pepper your angus? Is that like "smack the pony"?

[Arriemoller]

Halleluja!!

In an hour a thunderstorm is coming and the temperature is going to do a sharp drop from 28 degrees to 20 degrees. At least according to the forecast from SMHI.

 That kind of weather comes with tornado warnings here.

I'm very glad we don't have trombs as they are called over here, with some very rare exceptions.

[ImThour]

Not creating any FUDs however, just wanted to share one analysis: Last time when RSI went below 20, we touched 27k.
I truely believe in Bitcoin however risk management is really important. Do not hate me for sharing this.

[ChartBuddy]

Explanation

[nutildah]

I knew it was you ChartBuddy.

You broke my heart.

You broke my heart!

[WaltKitty]

Not creating any FUDs however, just wanted to share one analysis: Last time when RSI went below 20, we touched 27k.
I truely believe in Bitcoin however risk management is really important. Do not hate me for sharing this.

Why would there be hate? I do wish your chart had more information on it. What is the time scale? What is the white line? What are the red and blue arrow's for? Where are your speculative area's of interest or proposed trend line's?
Besides all of that might be good to note the difference between RSI and Stochastic RSI indicator's. I believe what you are showing and talking about is the stochastic one. A Stochastic RSI value below 20 is usually a good indication of a oversold market. The Daily RSI value is near 40, which while not great is not horrible either and can be indicative of a sideways market condition.

Some good information on the differences between the two in my opinion.

Stochastic RSI vs RSI

Stochastic RSI and Relative Strength Index seem similar (especially because they have RSI in their names) but there are certain differences between the two oscillators. There are construction differences as well as use differences. The following are the key differences between the Stochastic RSI and RSI.

    Stochastic RSI works on the assumption that prices show a natural tendency to close near their highs during uptrends and vice versa. On the other hand, RSI functions on the assumption that prices tend to move far from a mean position before reacting or retracting.
    Stochastic RSI takes into consideration closing price plus highs and lows in a recent range to calculate values. Whereas, the RSI oscillator takes only the closing price of a recent period to calculate its values.
    Even though the goal of each oscillator is to identify overbought/oversold market conditions, they yield different results. The RSI helps technical traders to determine when a stock price moved too fast. On the other hand, Stochastic helps to determine when a price moved to the highest or lowest point of a trading range.
    The RSI oscillator performs really well in trending markets as it identifies fast-moving stock prices. The Stochastic RSI yields good results when the market is flat or choppy. That means Stochastic is a better performer in non-trending markets.
    The RSI oscillator is relatively faster than the Stochastic. The RSI moves extremely quickly between the overbought and oversold areas whereas Stochastic moves slowly. The reason is Stochastic being an indicator on an indicator. It is a derivative of RSI that means it depends on the RSI as well. Therefore, it lags significantly because it is two steps away from prices.
    The RSI oscillator was developed to gauge momentum and identify overbought/oversold conditions. Whereas, the Stochastic RSI version was developed to be more sensitive and generate more signals. That means the Stochastic RSI generates more signals and triggers more overbought/oversold conditions.
 

https://www.newtraderu.com/2021/02/16/stochastic-rsi-vs-rsi-indicator-is-one-better-than-the-other/

[xhomerx10]

Halleluja!!

In an hour a thunderstorm is coming and the temperature is going to do a sharp drop from 28 degrees to 20 degrees. At least according to the forecast from SMHI.

 That kind of weather comes with tornado warnings here.

I'm very glad we don't have trombs as they are called over here, with some very rare exceptions.

 I've never actually seen one though they have passed within kilometres.  I usually get several alerts each season on my phone, radio, TV...  we actually had one today but all I saw were torrential rains and strong winds.  There was a tornado about 100km north of TO today.  It damaged some homes, overturned cars and injured a few people; fortunately there were no deaths.

[ChartBuddy]

Explanation

[philipma1957]

Pepper Your Angus


Sub $30,000 today.

Pepper your angus? Is that like "smack the pony"?

No it is like butter your baguette

[Richy_T]

A reference to this meme, I think.



It was going around here back in the day so the poster might be trying to show their bone-fides.

[ChartBuddy]

Explanation

[Copetech]

A reference to this meme, I think.



It was going around here back in the day so the poster might be trying to show their bone-fides.

If you look at his post history, he all but states that he is an existing user under an alias. Possibly even the one that gave him merit??? Speculative at best... but there it is.