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

[FNG]

Shorts feeling comfortable in your positions?

[PrestonTrader]

Nice resistence (H4) now $390 if break this ....

Market: BTC USD
 
Time Frame: Daily
 
Major Trend = DOWN
 
Resistence =  509.94

img]https://charts.mql5.com/5/984/btcusd-d1-distel-enterprise.png[/img]

Resistence down $1.94 and now is $509.94

Major trend still DOWN and we can see a nice hit price x resistence next month (november).

If price break $410 resistence we can hit $450 next month.

Only above $510 i will change Long Term Trend for UP

I think we'll break $510 soon enough

yesterday you predicted a drop. 

what changed your mind?

See TIME FRAME and TERM.

Short Term we have a UPTREND (M30/H1)  but Long Term (Daily) we still downtrend.

Why have you got a donation address in your sig. ?

Are you begging? or asking for tips from your expert advice that you have been providing since Sept 2014?

I am junior analyst for Forex/Bitcoin and have few bitcoin.
I have a site (portuguese) and make videos/coach (For free)

I hope few donates bitcoins.

And now i am working for improve my wallet and knowledge  

[jonoiv]

Shorts feeling comfortable in your positions?

Sweating like a whore in church I bet.

[FNG]

About time for the huobi whale to move up his bids if he wants any filled..

Market buy a couple of k and set it?

[NotLambchop]

Shorts feeling comfortable in your positions?

Sweating like a whore in church I bet.

Yup.

[mmitech]

 

How do to both:

0. Get a job / start a business
1. Convert all your savings to btc
2. Arrange to have your income paid entirely in btc
3. Every time you receive a salary payment, buy enough fiat to cover your expenses until the next payment. Hold the rest of the bitcoins as savings.

Exchange rate falls from $600 to $400? Congratulations - you just got a 33% pay raise.

Exchange rate rises $400 to $600? Congratulations - your savings are worth 50% more.

4. Laugh at all the daytarders

Yea, what a great idea...for the easiest way to lose money, when we advise people about investing only what they can afford to lose because of the risky nature of Bitcoin, you come here to advise them to put all they've got into it.... the best pump and dump pyramid scheme.

[FNG]

 

How do to both:

0. Get a job / start a business
1. Convert all your savings to btc
2. Arrange to have your income paid entirely in btc
3. Every time you receive a salary payment, buy enough fiat to cover your expenses until the next payment. Hold the rest of the bitcoins as savings.

Exchange rate falls from $600 to $400? Congratulations - you just got a 33% pay raise.

Exchange rate rises $400 to $600? Congratulations - your savings are worth 50% more.

4. Laugh at all the daytarders

Yea, what a great idea...for the easiest way to lose money, when we advise people about investing only what they can afford to lose because of the risky nature of Bitcoin, you come here to advise them to put all they've got into it.... the best pump and dump pyramid scheme.

if only you had bought more when you signed up

[justusranvier]

Yea, what a great idea...for the easiest way to lose money, when we advise people about investing only what they can afford to lose because of the risky nature of Bitcoin, you come here to advise them to put all they've got into it.... the best pump and dump pyramid scheme.

I'm glad people like you are around to make sure the wrong type of people don't become large bitcoin holders.

I don't want the future to belong to you or people who listen to you - keep up the good work.

[ChartBuddy]

Explanation

[Hen0xyd]

Ichimoku cloud : 1pt for you, again.

[inca]

Bitcoin ETF Coming NOV 14
https://www.youtube.com/watch?v=gUhqeMkbo6k#t=1419

Maybe no coincidence that the WinkDex app is just launched...

I highly doubt. Nobody besides the SEC knows when Winklevoss Bitcoin Trust is going to be approved. And if he was referring to Barry Silbert's bitcoin ETF, than we would have heard something from Barry about it on Twitter, etc.

Are you familiar with the concept of front-running?

[FNG]

if only you had bought more when you signed up

So true. People who been around since early 2013 or earlier and still didn't invest much/paid attention to it tends to become pure poison later.

TL;DR - BUY BUY BUY!



disclaimer: mmitech, you're not that bad though, compared to others

Buy and hold is always the best strategy. It becomes apparent when you look at the bears who were here 2013 Q1 and prior.

[WoopDeBoop]

A few minor differences:
1.  I got ridiculously lucky by getting in early.
2.  I don't give trading advice.
3.  I made money, you lost it.

You joined here in March 2014. Sign a wallet address more than 18 months old and post it here to prove you even got in before April 13 bubble.

Or are you full of shit?

[inca]

if only you had bought more when you signed up

So true. People who been around since early 2013 or earlier and still didn't invest much/paid attention to it tends to become pure poison later.

TL;DR - BUY BUY BUY!



disclaimer: mmitech, you're not that bad though, compared to others

Buy and hold is always the best strategy. It becomes apparent when you look at the bears who were here 2013 Q1 and prior.

If you can hold long enough and add on dips then this remains the lowest effort approach, obviously predicated on bitcoin price rising in the future. Hopefully buyers from after the last ATH will be rewarded (and bears realise, again, because bitcoin) soon enough. The market can be a cruel beast though

[NotLambchop]

...
I don't want the future to belong to you or people who listen to you...

[mmitech]

Yea, what a great idea...for the easiest way to lose money, when we advise people about investing only what they can afford to lose because of the risky nature of Bitcoin, you come here to advise them to put all they've got into it.... the best pump and dump pyramid scheme.

I'm glad people like you are around to make sure the wrong type of people don't become large bitcoin holders.

I don't want the future to belong to you or people who listen to you - keep up the good work.

don't worry, the future belongs to me and not because Bitcoin will be in it....

[sporket]

A few minor differences:
1.  I got ridiculously lucky by getting in early.
2.  I don't give trading advice.
3.  I made money, you lost it.

You joined here in March 2014. Sign a wallet address more than 18 months old and post it here to prove you even got in before April 13 bubble.

Or are you full of shit?

You must be new here. 

[inca]

There should be a site with a roll call of fallen bears who got 10x KO'd by bitcoin. Would be quite a list. If bitcoin becomes massive in the future it would be a hilarious list of modern day skeptics decrying the automobile, electricity or the internet as a passing fad.

Some of their entirely logical but wrong arguments against the adoption of btc and crypto could be preserved for posterity. Reasoning why the price is headed to zero. Oops!

[NotLambchop]

There should be a site with a roll call of fallen bears who got 10x KO'd by bitcoin. Would be quite a list. If bitcoin becomes massive in the future it would be a hilarious list of modern day skeptics decrying the automobile, electricity or the internet as a passing fad.

Some of their entirely logical but wrong arguments against the adoption of btc and crypto could be preserved for posterity. Reasoning why the price is headed to zero. Oops!

[PrestonTrader]

Support and Resistence levels.

10/18