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

[zimmah]

bulls be like..

you mean

lol  it does the same for me.

[isov]

Sure feels nice to be this high again after some sadder times Everything looks quite nice at the moment, went through that log downtrend of Stamp at 550$ nicely and consolidated awhile without breaking under that trend again. Now seems like a nice leg up again!

[TERA]

bahahaa.. nice one oda.. TERA barely follows his/her own words... i have a feeling he/she does exactly opposite of his/her own analysis..

brief spike to 700 and 3 months of flatness at 550

Sold, to the bear in the front row.

"bear": Someone who believes of a possible scenario in which the price temporarily drops 8% before recovering, instead of having an immediate 1000% rally. - bitcoiner dictionary.

No room for subtleties. Pick a team and stick with it for your entire life!

In trading, you only have to be right about the direction 30% of the time in order to win as long as you cut losses, let winners run, and are ready to accept defeat and reverse your position at a moments notice if you discover that the analysis is wrong. So I often make an analysis and then cancel out of it later. For example I have been long since my stop loss order was triggered at $460 but before that, I was expecting a drop.

[boumalo]

Wow 610$ on Bitstamp this is going up nicely, reaching new 30day and 60day highs

700$ doesn't seem far away

[manfred]

Wow 610$ on Bitstamp this is going up nicely, reaching new 30day and 60day highs

700$ doesn't seem far away

666 will be the compulsory boxen stop

[macsga]

[ChartBuddy]

Explanation

[magicmexican]

bitpump still going

[adamstgBit]

*watches market action for a few mins*

holy crap it looks bullish! wtf is happening  O_o

[Toxonaut]

https://i.imgur.com/zoxnHlj.jpg

[jonoiv]

For anyone interested or wondering about LTC.  There could be a spike at 4pm UTC.

Huobi and OKcoin both look the same.  a bull flag to reach it's focus point in 2 hours 4pm UTC.

The MACD 4 hour chart on both Huobi and OKcoin look like they will cross into the green with good momentum.  This could break the LTC/BTC momentum.  If not there should be at least some short term profits.  

For any day traders, LTC in the next 2 hours looks interesting.  I'm having a go,  with some people short selling LTC, there could be some margin calls and the potential for real sustained momentum...  lets see what happens.    



Just saying if you are holding LTC wait until tomorrow or later today if thinking of selling, and if not holding LTC, consider giving it a small try.  

[magicmexican]

..

hahahahhahahaaha

Best laugh i've had in days. Legit. :----D

[silverfuture]

..

hahahahhahahaaha

Best laugh i've had in days. Legit. :----D

Great stuff!

[Krabby]

A new challenger approaches:
620

[YogoH]

Anyone got an idea how long we going to keep this angle up?

[keithers]

Well... Prices are a nice unexpected surprise this morning . I wasn't expecting +$600 for awhile...

[TERA]

Anyone got an idea how long we going to keep this angle up?

Not long. I think some shooting stars are about to form, which people have been gawking at in amazement and wishing upon.

[medialab101]

Wall to 620 just jumped to 3k BTC

[bzzard]

hummm

[dreamspark]

hummm

You shall not pass! I miss this thread being full of wall pics