adamstgBit
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Activity: 1904
Merit: 1037
Trusted Bitcoiner
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May 16, 2014, 01:34:31 AM |
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bigdave
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May 16, 2014, 01:35:40 AM |
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I'm sure nobody cares but the price is falling out over at Huobi.
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chairforce1
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May 16, 2014, 01:37:32 AM |
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Is it time for TA yet again? I'm so excited. Prediction: Expect an increase in the value of bitcoin soon. Source:  |
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mooncake
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May 16, 2014, 01:38:03 AM |
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 GOGOGOGOGOGO If the price breaks the resistance, does it mean that it will keep on going up? |
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edwardspitz
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May 16, 2014, 01:38:24 AM |
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China is dumping again it seems. What a surprise  We have been looking a bit overbought so it was inevitable I guess. |
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adamstgBit
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Activity: 1904
Merit: 1037
Trusted Bitcoiner
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May 16, 2014, 01:39:44 AM |
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GOGOGOGOGOGO If the price breaks the resistance, does it mean that it will keep on going up? |
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TERA
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May 16, 2014, 01:43:14 AM |
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You ask for volume and this is what you get...
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derpinheimer
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Activity: 896
Merit: 1000
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May 16, 2014, 01:45:35 AM |
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Damn it. US hasnt responded yet, but Chinas dumping pretty hard.. (well, about 2.5k)
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_javi_
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May 16, 2014, 01:45:43 AM |
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Huobi red candle made me ROFL... chinese!! why dont you go play elsewhere?  |
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Patel
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Activity: 1321
Merit: 1007
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May 16, 2014, 01:46:05 AM |
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someone ping me when this depressing volume is gone. gonna feel like this guy http://youtu.be/SKbDJ8E8zyM?t=5s |
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adamstgBit
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Activity: 1904
Merit: 1037
Trusted Bitcoiner
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May 16, 2014, 01:49:07 AM |
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shmadz
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Activity: 1512
Merit: 1000
@theshmadz
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May 16, 2014, 01:49:36 AM |
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Vampire Squids http://youtu.be/XcGh1Dex4Yo?t=1h1m12squite good little show (you might want to skip the first 30 minutes or so of remedial stuff if you're already aware what's going on) |
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edwardspitz
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May 16, 2014, 01:58:26 AM |
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Thanks. I will check it out tomorrow. |
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ChartBuddy
Legendary
 Online
Activity: 2156
Merit: 1745
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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May 16, 2014, 02:00:51 AM |
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derpinheimer
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Activity: 896
Merit: 1000
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May 16, 2014, 02:04:41 AM |
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I was gonna say this at 2735 but had to go make me a BLT, but.. I think that was it...
Bid sums lookin too good on Huobi for any more dropping.
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TERA
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May 16, 2014, 02:11:53 AM |
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I was gonna say this at 2735 but had to go make me a BLT, but.. I think that was it...
Bid sums lookin too good on Huobi for any more dropping.
Huobi is notorious of suddenly waking you up from your low volume trance by violently smashing deep through everything you thought was a support and more and weeks of up candles are erased with a single down candle. |
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shmadz
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Activity: 1512
Merit: 1000
@theshmadz
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May 16, 2014, 02:12:25 AM |
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Thanks. I will check it out tomorrow. you're welcome, and you should, it's from 2012 and I can't believe I hadn't seen it before now. |
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shmadz
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Activity: 1512
Merit: 1000
@theshmadz
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May 16, 2014, 02:18:45 AM |
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I was gonna say this at 2735 but had to go make me a BLT, but.. I think that was it...
Bid sums lookin too good on Huobi for any more dropping.
Huobi is notorious of suddenly waking you up from your low volume trance by violently smashing deep through everything you thought was a support and more and weeks of up candles are erased with a single down candle. Huobi is awesome at that, and they can do it both ways, down, and up. I'll be sad when (if?) they're gone. (edit, actually I guess it was btcchina that did the up stuff, so perhaps amend the above statement as a generalization of chinese exchanges.) (second edit, hmm, why the other exchanges not following? are we finally reaching the bottom? I remember it took a long time before other exchanges stopped reacting to gox.) |
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derpinheimer
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Activity: 896
Merit: 1000
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May 16, 2014, 02:25:34 AM |
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I was gonna say this at 2735 but had to go make me a BLT, but.. I think that was it...
Bid sums lookin too good on Huobi for any more dropping.
Huobi is notorious of suddenly waking you up from your low volume trance by violently smashing deep through everything you thought was a support and more and weeks of up candles are erased with a single down candle. Huobi is awesome at that, and they can do it both ways, down, and up. I'll be sad when (if?) they're gone. (edit, actually I guess it was btcchina that did the up stuff, so perhaps amend the above statement as a generalization of chinese exchanges.) (second edit, hmm, why the other exchanges not following? are we finally reaching the bottom? I remember it took a long time before other exchanges stopped reacting to gox.) Agree with both of you, Huobi can be very violent and walls there tend to be eaten quicker than they would in other markets. |
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TERA
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May 16, 2014, 02:28:07 AM |
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Also you can't see the whole book so some of the walls that appeared while the price was rising are often not there anymore when it is dropping. It is like all the buyers put all their weight into pumping on an upmove and then they all give up at once.
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