nanobrain
Legendary
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Activity: 1008
Merit: 1000
Dumb broad
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May 22, 2014, 08:02:43 AM |
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I note there's been some healthy (ish/er) volume the last couple of hours; didn't someone suggest some time back that Thursday is SecondMarket's usual day for buying coins?
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shmadz
Legendary
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Activity: 1512
Merit: 1000
@theshmadz
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May 22, 2014, 08:04:20 AM |
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I note there's been some healthy (ish/er) volume the last couple of hours; didn't someone suggest some time back that Thursday is SecondMarket's usual day for buying coins?
quite astute there was some fair volume on the last bump up, and the bump before that... I'm hoping for some contrary action to keep this whole thing in check. |
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p0peji
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May 22, 2014, 08:05:51 AM |
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Friend of mine just told me they have an event concerning Google glass and bitcoin (dont know if they have anything to do with each other), and he is working at one of the big consultancy companies here, so I am going long on this one.
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kehtolo
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May 22, 2014, 08:09:49 AM |
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Friend of mine just told me they have an event concerning Google glass and bitcoin (dont know if they have anything to do with each other), and he is working at one of the big consultancy companies here, so I am going long on this one.
When you say here.. you mean??? |
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RUEHL
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May 22, 2014, 08:10:19 AM |
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Wow, woke up at $511. Saw HuoOOobii knew we were still going up. Bought more BTC. Now waaaayy in the green after just 15 minutes! NOTE: Chinese at Huobi are NOT finished. All I see in China are buys!  |
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Stankia
Newbie
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Activity: 30
Merit: 0
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May 22, 2014, 08:12:43 AM |
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530 wall is impressive, $834,730.
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windjc
Legendary
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Activity: 2156
Merit: 1070
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May 22, 2014, 08:14:11 AM |
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Wow, woke up at $511. Saw HuoOOobii knew we were still going up. Bought more BTC. Now waaaayy in the green after just 15 minutes! NOTE: Chinese at Huobi are NOT finished. All I see in China are buys! Excited much? |
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windjc
Legendary
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Activity: 2156
Merit: 1070
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May 22, 2014, 08:17:58 AM |
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530 wall is impressive, $834,730.
That wall is fake. And its a WEIRD place for a wall. There are no resistance lines at 530. Someone is trying to buy in lower for the run to 550. |
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Marbit
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May 22, 2014, 08:19:46 AM |
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530 wall is impressive, $834,730.
That wall is fake. And its a WEIRD place for a wall. There are no resistance lines at 530. Someone is trying to buy in lower for the run to 550. ~530 was a strong support that held a couple times in February before we broke finally down into 400s. You know, support becomes resistance and all that stuff.  |
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ShroomsKit
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May 22, 2014, 08:25:27 AM |
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530 wall is impressive, $834,730.
That wall is fake. And its a WEIRD place for a wall. There are no resistance lines at 530. Someone is trying to buy in lower for the run to 550. ~530 was a strong support that held a couple times in February before we broke finally down into 400s. You know, support becomes resistance and all that stuff. He's not very smart then. |
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YogoH
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May 22, 2014, 08:27:41 AM |
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Bitstamp trying to take the reins away from China
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podyx
Legendary
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Activity: 2338
Merit: 1035
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May 22, 2014, 08:28:18 AM |
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Waiting for wall to fall before I move in with my last fiat
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zimmah
Legendary
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Activity: 1106
Merit: 1005
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May 22, 2014, 08:38:13 AM |
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530 wall is impressive, $834,730.
That wall is fake. And its a WEIRD place for a wall. There are no resistance lines at 530. Someone is trying to buy in lower for the run to 550. ~530 was a strong support that held a couple times in February before we broke finally down into 400s. You know, support becomes resistance and all that stuff. the next couple of resistance lines are 530, 630, 750 and 800 if i'm not mistaken. although a minor wall seems to be forming at 555 too but i doubt that one will stand |
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Marbit
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May 22, 2014, 08:38:18 AM |
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Stamps asks seem to have filled in a bit more, 2900+ now. I dunno if it is fake, lotta people holding from higher prices and its taking lots and lots of momentum for these small gains. Could be a good spot to exit for some
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shmadz
Legendary
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Activity: 1512
Merit: 1000
@theshmadz
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May 22, 2014, 08:43:12 AM |
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houbi going down, others to follow?
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windjc
Legendary
Offline
Activity: 2156
Merit: 1070
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May 22, 2014, 08:43:24 AM |
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530 wall is impressive, $834,730.
That wall is fake. And its a WEIRD place for a wall. There are no resistance lines at 530. Someone is trying to buy in lower for the run to 550. ~530 was a strong support that held a couple times in February before we broke finally down into 400s. You know, support becomes resistance and all that stuff. Yeah, I missed that one. I was mapping out all the Fib lines on the way up and missed some of the other technical supports. |
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Marbit
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May 22, 2014, 08:45:04 AM |
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This last leg up was real weak. Starting to wonder if we will even make it to test that 530 wall. But bitcoin tends to surprise!!  |
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windjc
Legendary
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Activity: 2156
Merit: 1070
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May 22, 2014, 08:47:02 AM |
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This last leg up was real weak. Starting to wonder if we will even make it to test that 530 wall. But bitcoin tends to surprise!! What do you mean? Were you expecting us to shoot up to 550 tonight? I think a slow methodical rise is healthier than a bunch of panic short covering and margin buying into oblivion. We are going up pretty damn fast as it is. |
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ShroomsKit
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May 22, 2014, 08:54:29 AM |
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This last leg up was real weak. Starting to wonder if we will even make it to test that 530 wall. But bitcoin tends to surprise!! Weak? |
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Marbit
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May 22, 2014, 08:57:31 AM |
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This last leg up was real weak. Starting to wonder if we will even make it to test that 530 wall. But bitcoin tends to surprise!! What do you mean? Were you expecting us to shoot up to 550 tonight? I think a slow methodical rise is healthier than a bunch of panic short covering and margin buying into oblivion. We are going up pretty damn fast as it is. This is what I am looking at  It is taking massive momentum, exhausting RSI to make lower highs. We are above January level momentum at half the price and those divergences there should be warning to the bulls. Daily RSI is overbought levels and we have not even tested the previous high at 548! The triangle broke but is the downtrend over? This momentum tells me the buying pressure is not there, and if it does not show itself sooner than later the downtrend will push us down |
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