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

[Hunyadi]

Does this mean anything?

Just say it

I don't know. I was wondering if any experienced traders knew if the 1W ichimoku cloud had any significance.

[TERA]

[dreamspark]

  you can buy those???

[ChartBuddy]

Explanation

[keithers]

Over the past month the ranges have gotten tighter and tighter, with volatility shrinking almost by the day. Volume has been steadily declining also.  I can feel some action brewing soon...

[dreamspark]

Over the past month the ranges have gotten tighter and tighter, with volatility shrinking almost by the day. Volume has been steadily declining also.  I can feel some action brewing soon...

For sure and to be honest with how long the downtrend has been going on for I think the chances are more than likely it goes up.

We havent heard a peep out of China for a week or so and other than the dump on the 11th we've been steadily going upwards for 10 or so days.

[akujin]

huobi pump.. I guess they aren't leading right now.... They're just following stamp

[gizmoh]

Time to be Bull again, Break out imminent , 500 by Friday night  

[akujin]

And boom! stamp dump! ehehe stamp fooled huobi  

[dreamspark]

That was the weirdest 5 mins of action. Simultaneous pumping and dumping, I know its been boring people but make up your mind

[Hunyadi]

That was the weirdest 5 mins of action. Simultaneous pumping and dumping, I know its been boring people but make up your mind

Yeah, there was a small battle between bulls and bears.

[Bitcoin_is_here_to_stay]

Yeah, Stamp already back from da moon, Huobi still pumping

[Bitcoin_is_here_to_stay]

has it broken the downtrend since december?

Depending on whom you ask . Imho - nope.

[TERA]

In real TA terms we have not reversed but in bitcoiner terms the bear market is over because when the momentum of a downtrend slows, it means the next rocket to the moon is clearly being loaded up.

[windjc]

In real TA terms we have not reversed but in bitcoiner terms the bear market is over because when the momentum of a downtrend slows, it means the next rocket to the moon is clearly being loaded up.

Yes, but we are going up AGAIN on no volume.

So dump is imminent within 72 hours unless volume significantly increases somehow.

Although I think the next dump will be <435. 

[blatchcorn]

In real TA terms we have not reversed but in bitcoiner terms the bear market is over because when the momentum of a downtrend slows, it means the next rocket to the moon is clearly being loaded up.

Right now we are at that point of inflection where the rocket is powering but is stationary, give it a while and it will shoot up

[windjc]

This rocket can't go anywhere because there is no fiat to take it anywhere. But you guys can keep holding and watching this boring crap. Good luck with that.

[Hunyadi]

This rocket can't go anywhere because there is no fiat to take it anywhere. But you guys can keep holding and watching this boring crap. Good luck with that.

[windjc]

The bulls BIG accomplishment these last 5 months is grinding the bear market to a halt and destroying any opportunity to trade.

Now we can just sit here for several weeks (months) and stare at each other until we all eventually leave and move on to other things.

Thanks Obama Bulls!

[Cassius]

This rocket can't go anywhere because there is no fiat to take it anywhere. But you guys can keep holding and watching this boring crap. Good luck with that.

Fiat is trickling, not flooding in. It's not a rocket, it's a Zimmer frame. But it might finally be heading in the right direction.