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

[ImThour]

Hey WO, It would be awesome if you give me your 2 minutes for the tool I have been working on, Thanks!

Bitcoin Trade Tracker

What is it?
A bot which can be deployed on any platform (Twitter/Telegram/Discord...) which works on a pre-defined Trading strategy to find the trade opportunities in different time-frames.

Indicators Used
Relative Strength Index
Stochastic RSI
Volume Weighted Average Price
Support Level
Resistance Level
Moving Average Convergence Divergence

Three Outcomes
Buy/Long - When all the bullish outcomes are matched with the Trading Strategy.
Sell/Short - When all the bearish outcomes are matched with the Trading Strategy.
None - When none of the outcomes are matched.

Now comes the main part, the Trading Strategy:

Buy/Long Scenario
Criteria 1: Price is close to Support Level
Criteria 2: RSI < 50
Criteria 3: SRSI < 20
Criteria 4: VWAP > Price
Criteria 5: MACD Histogram Value is in Negative

Sell/Short Scenario
Criteria 1: Price is close to Resistance Level
Criteria 2: RSI > 50
Criteria 3: SRSI > 80
Criteria 4: VWAP < Price
Criteria 5: MACD Histogram Value is in Positive

It requires all criteria's to match in both the cases otherwise, result will be None.

Preview


Status
Ready to deploy, need feedback on the trading strategy being used.

[DaRude]

must be a pretty good pucker moment launching weather sats right now no?  positive launch and sep..completed burn into a parking orbit. wtg NASA
GOES-T

Atlas V and the RD-180 with SRB's at full roar

Yeah.. I am sure that was one of the most closely watched launches from several places in the world at once...  whew

As to mutually assured destruction.,

1.  It would take madness for Putin to do a nuke strike, and the agreementr enough of his people to pull it off.  I comfort myself with that.
2.  This whole thing is a show, and a way to wreck the dollar (as well as the ruble, pound and so on.) and bring in digital IDs/Wallets and CDBCs. 

THAT is what I think this is about.  We are seeing history made before our eyes gentlemen, and it is hard right now to know how the story will be told.  Because that totally depends on the outcome.

The problem is escalations. Its too tempting for idiots to push the envelop. Like Ukraine set to receive 70 fighter jets from EU nations, officials say but from my understanding all UA mil runways have been pounded. Is Poland going to allow sorties from its airbases? Does it become a free game for Russia, or its under NATO protection on take offs/landings only pops in to do a run and then turns around to safety? What happens if Russia lights one of them up while over Poland?

So far regardless of the outcome theres one entity that's sure to benefit Chinese payment stocks jump as SWIFT sanctions against Russia boosts yuan hopes

The SWIFT sanctions against Russia "is a milestone event that will accelerate the process of de-dollarisation," wrote Dang Congyu, analyst at Founder Securities.

"Although it's hard to replace SWIFT in the short term, this incident is very beneficial to yuan's globalisation over the long run."

The view was echoed by Guosheng Securities, who recommended Chinese payment-related stocks, citing the potential of China's own payment system, CIPS, and digital yuan, to break dollar's hegemony.

Conflict in Europe used to be a US benefit, now there appears to be another benefactor. Hopefully BTC will fix that.

[ChartBuddy]

Explanation

[Hueristic]

Hey WO, It would be awesome if you give me your 2 minutes for the tool I have been working on, Thanks!

I think the problem you might run into is the only people left are those that buy and hold, the market has eaten the rest.

[Toxic2040]

one graph is a free market, another-first, a scare, then artificial money printing pump.
which one is which? /s
Continuation?

1 sigma?

Dependent on so many factors that there is nothing but noise...but...cascading knockon effects have already been observed. The longer there are no signs of de-escalation the more intense the reaction will be imho. I think Ukraine will fall..unless something drastically changes...then its going to be another Afghanistan or Syria for Russia. It will be a meat grinder with a insurgent population fully entrenched to defend their country. Not really good for anyone.

There is a need to realise how the Russian military is contructed, up to 70% of some regiments are made up of conscripts. People who are literally grabbed up off the streets and forced to serve for up to two years of service. The rest of units made of what are called 'contract soldiers'. Your basic run of the mill grunt. Even then..the average enlisted receives marginal training compared to other modern militarys. There are however plenty of well trained officers and dozens of crack combat units..especially in the tank divisions. Their special forces and strategic rocket forces are exceptional and their airforce has state of the art aircraft. Their naval force have few modern ships or subs really and again..good officer corps but average enlisted.

There is just one one problem..they face a constant shortage of key technology and raw materials..enough so that most of the systems they brag about are in such short quantity that while not insignificant should be tempered. About the only thing they are not lacking in are WMD's unfortunately.

The biggest problem by far is that Russia actually thinks a nuclear war is winnable. They practice wargames just like we do but they do it with the general population. They have actual civic bunkers built and suppplied and think that it is somehow possible to survive such a holocaust.

They are wrong. Its not possible to have a limited nuclear war. You lose all that you tried to gain..and where would you go? There is nothing left..no one to trade with..cant go to the places you bombed...cant live in the places you are because of retaliatory strikes.

Somehow somebody thought it was a good idea to build some 15,000 of these things. smh



---------

the evening wall report

just a small band of resistance above and then it would seem mid to upper 40's    50 will be contested if we get there as people trim profits...just have to see

dyor

4h


D

stronghands
  

[ImThour]

I think the problem you might run into is the only people left are those that buy and hold, the market has eaten the rest.

It gives a buy/long call too. Anyways, thanks for your feedback. Will help me a lot in nothing.

[sirazimuth]

Bottom line any discussion about surviving first attack is retarded, has been since the 60s, and that's by design for MAD

To be clear, we're absolutely fucked if this thing goes nuclear.

I was just trying to be technically correct, as to my understanding of countermeasures.

 I think you qualify - http://www.theoppidum.com/  

Well I tried getting an access code.
Apparently "Hugh G. Rection@ yahoo.com" isn't worthy...

[ChartBuddy]

Explanation

[Richy_T]

Trump and Putin do not seem to be very rational lately,

Everyone's just letting that slide then?

[d_eddie]

Meanwhile: proudhon spotted in Moscow metro: https://www.youtube.com/watch?v=O_NRZUjpvAE

What could this possibly mean? 

He's selling his corn
Oligarchs pumping the price
Winds of war blowing




#haiku

[DaRude]

Bottom line any discussion about surviving first attack is retarded, has been since the 60s, and that's by design for MAD

To be clear, we're absolutely fucked if this thing goes nuclear.

I was just trying to be technically correct, as to my understanding of countermeasures.

 I think you qualify - http://www.theoppidum.com/  

Well I tried getting an access code.
Apparently "Hugh G. Rection@ yahoo.com" isn't worthy...

Seriously only 4 characters? Should take a full 2sec to brute force

[d_eddie]

They may have a punitive loop between tries. But point made.

[ChartBuddy]

Explanation

[jojo69]

[fr4nkthetank]

with all this nuclear talk...good thing i'm a fan of novels like Metro 2033 and games like Stalker.  Of course its a moot point, since your worst enemy will be clean water and starvation.  I think if we killed all wild game in my area (big as a couple states, with more wildlife) it would feed the population for....8 days.

8 days.  No nuclear war pls.

[BobLawblaw]

Trump and Putin do not seem to be very rational lately

What does Trump have *ANYTHING* to do with the current situation holy cow man get some help

[sirazimuth]

with all this nuclear talk...good thing i'm a fan of novels like Metro 2033 and games like Stalker.  Of course its a moot point, since your worst enemy will be clean water and starvation.  I think if we killed all wild game in my area (big as a couple states, with more wildlife) it would feed the population for....8 days.

8 days.  No nuclear war pls.

https://www.youtube.com/watch?v=yrbv40ENU_o

Binging Tom Lehrer videos, as you can probably tell.
The dude is a genius.
His 50+ year old vids seem eerily relevant in 2022.

[lightfoot]

What does Trump have *ANYTHING* to do with the current situation holy cow man get some help

Wasn't Trump the one trying to disband NATO?

[BobLawblaw]

Wasn't Trump the one trying to disband NATO?

Are you actually, seriously trying to have a retro-causal discussion about that RN?!???

[JayJuanGee]

are cryptos and nft related to this thread...

I am having trouble relating.

I do know that there are hardly any girls (maybe one or two) into bitcoin... ..


 but not really sure about the cryptos


and not sure about the NFTs thingie-ma-jiggie either..




... anyhow back to the topic..

been a long time since we have seen or superseded $50k, right?  Maybe some level of FOMO could be triggered by merely getting to that previously seeming mediocre level of $50k, no? 

I am not going to claim to know.. because we still have not even touched upon $46k in recent weeks.. or has it been a month already?..  I just looked that the charts, and shit.. my how time flies!!!!  You know it has nearly been 2 months since we have been above $46k?  January 4th to be precise?  oh my!  oh my!!!!

 maybe $46k could be reached within the next 36hrs?  critical^tm, or no?  does it really matter if we reach and supercede $46k?  there seems to be a wee bit of desire (or would that be price pressures?) to get into the $45ks first.. and then shouldn't take long to get above $46k after that, right?  Stay above $46k for a day or so?  is that doable?.. maybe within the next 72hours?  Then the weekend?  Bullish or bearish for the weekend?  you likely know my leanings..


.. and some members here are already talking about shorting BTC.. hahahaha.. if they have any BTC that is?  and if they don't have any BTC they may as well borrow, no? 


It's not like you need actual BTC to short BTC, right?


right? 

right?


[feel like I need a meme here]

Another thing that could happen would be a sorting of the men from the boys.. I do like that there has been some negative price performance in some of the shitcoin space in recent days.. and those cryptos and NFTs tha you mentioned.. maybe their clocks could get cleaned in the near future (or do we call it froth purgening in these parts?)... it would be nice.. I know that I have fantasized previously about BTC price pump that is similar to the April to June 2019 one.. it was one of the greatest pumps in recent times because the shitcoins largely did not do anything during that time that bitcoin was pumping.. Could such a thing happen again?  or am I just living in a fantasylandia?

Trump and Putin do not seem to be very rational lately

What does Trump have *ANYTHING* to do with the current situation holy cow man get some help

Oh gawd .... save my computer from the spit-up...


When Bawb tells you to get some help, you know you got issues.