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medialab101
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June 07, 2014, 11:59:46 AM |
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Wall gone, let's rally!!!
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MoreFun
Legendary
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Activity: 1008
Merit: 1003
WePower.red
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June 07, 2014, 12:01:06 PM |
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This was clearly a scary wall that got eaten a bit. He bought now back after he took wall down.
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ChartBuddy
Legendary
 Online
Activity: 2268
Merit: 1782
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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June 07, 2014, 12:01:08 PM |
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rebuilder
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Activity: 1615
Merit: 1000
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June 07, 2014, 12:01:30 PM |
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By the way, I believe that historically, it has been more common for weekends to be slower and lower volume and dump rather than rising periods, so in that regard the last two weekends of rallies were probably more flukes than anything.
There are probably a lot of long time posters here that can say more particularly if they believe weekends to be a dumping time or a pumping time and if there is pumping, it would be more in line with the very end of the weekend rather than the beginning or the middle of the weekend.
Why rely on belief? Historical market data is freely available, any trend like the weekend slump should be visible there. |
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MatTheCat
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June 07, 2014, 12:06:27 PM |
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This was clearly a scary wall that got eaten a bit. He bought now back after he took wall down.
Well spotted! He bought the coins queuing up beneath his scary wall to about the number that were eaten out of his wall, and now he has removed his wall. That tells us that the owner of this Wall, wants Bitcoins, not USD at this point in time. Still likely to be a very sticky market until some whale starts eating chunks out of the Ask Wall.....when/if that happens, it should take the Weekly MACD into crossover territory which could instigate a bit of a lift off over the coming couple of weeks. |
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btcticker
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June 07, 2014, 12:10:47 PM |
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Can anyone tell me where do you guys watch btc walls. On stamp ?
I'm new to this wall thing.
Welcome sir, I am kinda new here myself. On top of bitcoinity.org, I also recommend bitcointicker.co and bitcoinwisdom.com. Also, if you need an alarm for bitcoin price alerts check out bitcoinbeeper.com, it's a very useful tool. Thank's for the recommendation  The top right graph on this page http://bitcointicker.co/transitions/ allows you to zoom in and out of the depth, and animates it's movement. |
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seljo
Legendary
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Activity: 1178
Merit: 1014
Hodling since 2011.®
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June 07, 2014, 12:11:38 PM |
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Altcoins are created so they could take your bitcoins away. Don't let them do it.
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akujin
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June 07, 2014, 12:13:57 PM |
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Now it's huobi's turn to put a wall!  |
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MoreFun
Legendary
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Activity: 1008
Merit: 1003
WePower.red
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June 07, 2014, 12:19:33 PM |
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Bull pennant break up point is $658 (stamp).  Now it's huobi's turn to put a wall! Eaten  |
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faalhaas
Newbie
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Activity: 42
Merit: 0
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June 07, 2014, 12:36:53 PM |
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I don't know dick about bullish or bear sjit.
But are we starting another rise ? pretty bored.
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simmo77
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June 07, 2014, 12:57:24 PM |
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I don't know dick about bullish or bear sjit.
But are we starting another rise ? pretty bored.
Well I don't either, but it's pretty bullish around here at least at the moment... Check the poll results. The resident bears haven't posted for a while, and the resident trolls even seem to have given up (for the moment). This is Bitcoin though, so anything could happen.  |
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ChartBuddy
Legendary
Online
Activity: 2268
Merit: 1782
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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June 07, 2014, 01:01:07 PM |
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watcoin
Member
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Activity: 70
Merit: 10
I am a watable wat
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June 07, 2014, 01:06:05 PM |
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Most of the other alt-coins are declining in price right now. BTC and LTC are holding up pretty well and have stayed pretty flat today... Namecoin and Peercoin are not doing so hot...
The fault of new alt-coins Drk, Xc,Nxt etc which brings new features and are more hyped. LTC is being kept alive by a massive bid wall on btc/ltc chart. Furthermore ASIC for scrypt is adding constant selling pressure to recoup their mining hardware investment. good analysis. I don't see the point in LTC any more. 2nd coin will probably be some other coin. At the risk of sounding controversial, I think it will become a battle between lite and drk ! A modern day race war. Obama would be so proud. |
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roslinpl
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Activity: 2212
Merit: 1199
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June 07, 2014, 01:09:02 PM |
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Damn not much happend till I went to sleep.. Volume - Price ~ Weekend rally or not? |
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deadley
Legendary
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Activity: 2562
Merit: 1064
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June 07, 2014, 01:10:39 PM |
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Damn not much happend till I went to sleep.. Volume - Price ~ Weekend rally or not? Its really hard, no rally this weekend so we have to wait for weekdays. |
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watcoin
Member
Offline
Activity: 70
Merit: 10
I am a watable wat
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June 07, 2014, 01:13:21 PM |
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Damn not much happend till I went to sleep.. Volume - Price ~ Weekend rally or not? Its really hard, no rally this weekend so we have to wait for weekdays. That's what happens when btc goes mainstream. Wall St minions only work/trade 5 days per week and their clients are programmed for that routine. |
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roslinpl
Legendary
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Activity: 2212
Merit: 1199
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June 07, 2014, 01:24:22 PM |
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That's what happens when btc goes mainstream. Wall St minions only work/trade 5 days per week and their clients are programmed for that routine.
So how you explain last weekend when the price ++ around $30? |
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MatTheCat
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June 07, 2014, 01:25:23 PM |
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Its really hard, no rally this weekend so we have to wait for weekdays.
Nope. Just no appetite at the moment it seems. Despite Wall Guy's best efforts to engineer a break out, looks like we are going to have to go back down to test the trendline again, now at $640. This could string itself out for days and even pass through the apex of the pennant without breaking in either direction. |
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watcoin
Member
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Activity: 70
Merit: 10
I am a watable wat
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June 07, 2014, 01:31:57 PM |
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That's what happens when btc goes mainstream. Wall St minions only work/trade 5 days per week and their clients are programmed for that routine.
So how you explain last weekend when the price ++ around $30? holiday geekend erm weekend |
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GreekGeek
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June 07, 2014, 01:35:35 PM |
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what happened to the 1K wall on stamp???
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Poll
