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

[TERA]

So today we broke above the linear line (which was a mathematically inevitability to occur by July), rising $3 above it for 20 minutes. We then failed to break any logarithmic trendlines or even come close to the ichimoku cloud. This breakout is just like the breakout in March but with half the volume, and the push on stamp was split into two little pushes on two days rather than one big push on one day.  However, the chart on Huobi looks almost exactly the same as Huobi's chart in March (which had two pushes).  Right now everything just seems exactly the same and I don't see any clear signs of reversal.

[NotLambchop]

The plot thickens...

[p0peji]

Looks like the charts are giving head atm.

[seleme]

Have any of you ever shorted some alt vs btc on BTC-e Metatrader??

I just closed 20 BTC worth of NMC shorts from 625 and 611 to 585 and Metatrader shows me whoopy 4$ profit???

WTF

[_javi_]

Choo choo ran out of coal.. help!!

I dont like charts.. but this rally looks like the early march one.

Check Huobi now, they don´t care about fuel.

every choo choo need coal. Huobi too.

[_javi_]

So today we broke above the linear line (which was a mathematically inevitability to occur by July), rising $3 above it for 20 minutes. We then failed to break any logarithmic trendlines or even come close to the ichimoku cloud. This breakout is just like the breakout in March but with half the volume, and the push on stamp was split into two little pushes on two days rather than one big push on one day.  However, the chart on Huobi looks almost exactly the same as Huobi's chart in March (which had two pushes).  Right now everything just seems exactly the same and I don't see any clear signs of reversal.

Hey TERA, i said that 2 pages ago... with lot less words

[Todorius]

I am not so good in TA, and do not believe in it as much as in impact of any major news including the real and fake ones produced and distributed for manipulation.

So I spend most of my time analyzing events and the development of cryptocoin infrastructure and obstacles on its way.

Hundreds of millions dollars are being invested in it just this year. And this process is growing exponentially. Surely there some forces trying to prevent the real financial revolution that is happening now. But they will not stop it anyway. It's happening!

When on the way of the huge river arises biggest hurdle, such as IRS or Chinese government, the river never stops, and just finds a new channel.

It's not so visible for the general public yet. So the market price can be so easily manipulated.
It does not really matter what happens in the market at any given time. More important where all of this is going in the long time.

I think the point of no return is already passed. Bitcoin is here to stay for ages!

It does not mean we are going to be instantly teleported to Mars. We can easily see many more flash crashes and probably long down trends. But all of this is happening in one long major up trend on it's way to Mars.

So see you on Mars sooner or later!

+1
Exactly my thoughts!
Good to read some sane posts from time to time.

[TERA]

I don't think there is a plot to pump bitcoin or to depress bitcoin. I think there is a plot to daytrade bitcoin using alternating pieces of chinese news.

[billyjoeallen]

If I was speculating, I would sell now. It can go as low as 405, likely at least 460.

I agree that is very likely, but by no means certain. Price is still below the cost of production, so a properly diversified and well capitalized person seeking to accumulate a small position to hold for years may want to buy. Everybody else should sell, sell short or hold.

The March false recovery lasted three weeks. This is very likely also a false recovery as China has not been resolved or rendered irrelevant to my knowledge. But then again I am not speculating either (anymore). I am hedging.

[jonoiv]

So today we broke above the linear line (which was a mathematically inevitability to occur by July), rising $3 above it for 20 minutes. We then failed to break any logarithmic trendlines or even come close to the ichimoku cloud. This breakout is just like the breakout in March but with half the volume, and the push on stamp was split into two little pushes on two days rather than one big push on one day.  However, the chart on Huobi looks almost exactly the same as Huobi's chart in March (which had two pushes).  Right now everything just seems exactly the same and I don't see any clear signs of reversal.

Seen as you don't sit in either camp, you are getting it right so often, and your knowlege is superior to almost everyone, I am going to take what you say very seriously from now on.  


how long have you been trading?

[igorr]

it is just manipulation with price the same as 2.mart 2014 year

View Screen Capture

[TERA]

So today we broke above the linear line (which was a mathematically inevitability to occur by July), rising $3 above it for 20 minutes. We then failed to break any logarithmic trendlines or even come close to the ichimoku cloud. This breakout is just like the breakout in March but with half the volume, and the push on stamp was split into two little pushes on two days rather than one big push on one day.  However, the chart on Huobi looks almost exactly the same as Huobi's chart in March (which had two pushes).  Right now everything just seems exactly the same and I don't see any clear signs of reversal.

Seen as you don't sit in either camp, you are getting it right so often, and your knowlege is superior to almost everyone, I am going to take what you say very seriously from now on.  


how long have you been trading?

I do not claim to be an expert trader or a professional trader.  I have been trading crypto for a little over one year. I also traded penny stocks for three years but did horribly. I am now moving into forex and big board stocks with some of my bitcoin profits.

[p0peji]

So today we broke above the linear line (which was a mathematically inevitability to occur by July), rising $3 above it for 20 minutes. We then failed to break any logarithmic trendlines or even come close to the ichimoku cloud. This breakout is just like the breakout in March but with half the volume, and the push on stamp was split into two little pushes on two days rather than one big push on one day.  However, the chart on Huobi looks almost exactly the same as Huobi's chart in March (which had two pushes).  Right now everything just seems exactly the same and I don't see any clear signs of reversal.

Seen as you don't sit in either camp, you are getting it right so often, and your knowlege is superior to almost everyone, I am going to take what you say very seriously from now on.  


how long have you been trading?

I do not claim to be an expert trader or a professional trader.  I have been trading crypto for a little over one year. I also traded penny stocks for three years but did horribly. I am now moving into forex and big board stocks with some of my bitcoin profits.

Is there a way to subscribe to the TERA trading predictions?

[seleme]

So today we broke above the linear line (which was a mathematically inevitability to occur by July), rising $3 above it for 20 minutes. We then failed to break any logarithmic trendlines or even come close to the ichimoku cloud. This breakout is just like the breakout in March but with half the volume, and the push on stamp was split into two little pushes on two days rather than one big push on one day.  However, the chart on Huobi looks almost exactly the same as Huobi's chart in March (which had two pushes).  Right now everything just seems exactly the same and I don't see any clear signs of reversal.

Seen as you don't sit in either camp, you are getting it right so often, and your knowlege is superior to almost everyone, I am going to take what you say very seriously from now on.  


how long have you been trading?

I do not claim to be an expert trader or a professional trader.  I have been trading crypto for a little over one year. I also traded penny stocks for three years but did horribly. I am now moving into forex and big board stocks with some of my bitcoin profits.

Yeah, I'm moving partially to forex too, at least no need to worry about liquidity. But it's long way to go, much easier to trade crypto. Much harder to find the target, no order books to look at etc..

[TERA]

So today we broke above the linear line (which was a mathematically inevitability to occur by July), rising $3 above it for 20 minutes. We then failed to break any logarithmic trendlines or even come close to the ichimoku cloud. This breakout is just like the breakout in March but with half the volume, and the push on stamp was split into two little pushes on two days rather than one big push on one day.  However, the chart on Huobi looks almost exactly the same as Huobi's chart in March (which had two pushes).  Right now everything just seems exactly the same and I don't see any clear signs of reversal.

Seen as you don't sit in either camp, you are getting it right so often, and your knowlege is superior to almost everyone, I am going to take what you say very seriously from now on.  


how long have you been trading?

I do not claim to be an expert trader or a professional trader.  I have been trading crypto for a little over one year. I also traded penny stocks for three years but did horribly. I am now moving into forex and big board stocks with some of my bitcoin profits.

Yeah, I'm moving partially to forex too, at least no need to worry about liquidity. But it's long way to go, much easier to trade crypto.

The problem I'm going to have with forex is you cannot see volume...

[seleme]

So today we broke above the linear line (which was a mathematically inevitability to occur by July), rising $3 above it for 20 minutes. We then failed to break any logarithmic trendlines or even come close to the ichimoku cloud. This breakout is just like the breakout in March but with half the volume, and the push on stamp was split into two little pushes on two days rather than one big push on one day.  However, the chart on Huobi looks almost exactly the same as Huobi's chart in March (which had two pushes).  Right now everything just seems exactly the same and I don't see any clear signs of reversal.

Seen as you don't sit in either camp, you are getting it right so often, and your knowlege is superior to almost everyone, I am going to take what you say very seriously from now on.  


how long have you been trading?

I do not claim to be an expert trader or a professional trader.  I have been trading crypto for a little over one year. I also traded penny stocks for three years but did horribly. I am now moving into forex and big board stocks with some of my bitcoin profits.

Yeah, I'm moving partially to forex too, at least no need to worry about liquidity. But it's long way to go, much easier to trade crypto.

The problem I'm going to have with forex is you cannot see volume...

and order books, we're used to trade watching at it.

[magicmexican]

I doubt it will test 400 again without news from our China friends. Going to 460'ish tho is very likely.

[aminorex]

You can't have winners without losers...

Only true in a zero-sum game.  More generally, you can't have competition without relative losers.

[podyx]

Good buy opportunity right here

[TooDumbForBitcoin]

http://www.reuters.com/article/2014/04/15/us-cocacola-results-idUSBREA3E0R220140415

First quarter Coca-Cola sales up 12% in China.

Fishing pole sales rising, also.

PBOC finding out what everybody else knew - bitcoin is nothing but hookers and coke.