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

[FreeBambi]

hi everone, i drawed a thing did i do good?

http://s11.postimg.org/z3fzjixar/Capture.jpg

[ChartBuddy]

Explanation

[Thomas-s]

hi everone, i drawed a thing did i do good?

Well you drew some random lines, why the fuck not?

[FreeBambi]

they tolded me on the internet it meens somethin but i gues i mesed up

[ShroomsKit]

Great. A 1500 ask wall to make sure we won't go up more.
Because that's what trading really means. Pushing the price down as much as possible. Because imagine your coins getting worth more. We can't have that.

[ndnh]

Pics I took right now.

Bitstamp:



Bitfinex:




Now I visited again.



Cool

[Gyrsur]

BULL TRAP ALARM

[bad trader]

The orange line of evil is back!

I don't like Wanderer's trendlines. I prefer these:



They look pretty much the same, though.

[ndnh]

BULL TRAP ALARM

Sorry, bull is too strong.
Bulls are buying up the strong ask orders.

ALARM OFF.

[gizmoh]

ALERT: BEARS ARE STILL SHORTING ! LETS SQUEEZ'EM 

[Gyrsur]

BULL TRAP ALARM

Sorry, bull is too strong.
Bulls are buying up the strong ask orders.

ALARM OFF.

ALARM ON

EDIT: I'm not a BEAR I'm a longtime HODL'er

[NotLambchop]

hi everone, i drawed a thing did i do good?

Well you drew some random lines, why the fuck not?

I read that as a textbook example of declining volume=run losing its legs.  To each his own, I suppose...

[ndnh]

BULL TRAP ALARM

Sorry, bull is too strong.
Bulls are buying up the strong ask orders.

ALARM OFF.

ALARM ON

ALARM OFF.

Don't worry. It is going to catch up.


The chart is unreliable anyway.

[FreeBambi]

hi everone, i drawed a thing did i do good?

http://s11.postimg.org/z3fzjixar/Capture.jpg

Well you drew some random lines, why the fuck not?

I read that as a textbook example of declining volume=run losing its legs.  To each his own, I suppose...

i saw that 2, and im only 9

[jonoiv]

Why does a 1015 BTC short show up here http://bfxdata.com/swapstats/btc.php

but not on wisdom https://bitcoinwisdom.com/markets/bitfinex/btcusd

Any ideas?

[ndnh]

As someone pointed out, the buys made during today and previous days are significantly higher than the sells.

http://bitcointicker.co/

There is around 1.5k sell order at around 330, but the bulls are slowly eating into it. It was around 3k+ before.

Do you think the price crash was intentional to make whales get Bitcoin cheap?

[mmortal03]

It was supposed to go to 270 by all bears here.

I sold a little bit yesterday, so you can all thank me for the inevitable price increase.

[ndnh]

It was supposed to go to 270 by all bears here.

I sold a little bit yesterday, so you can all thank me for the inevitable price increase.

lol.

Sell a little more if you want. I want the price at 350 

[ChartBuddy]

Explanation

[bad trader]

Do you think the price crash was intentional to make whales get Bitcoin cheap?

Not impossible. In addition to the other whales there could be a large hedgefund on OKCoin (and other exchanges) buying bitcoins. Their definition of buying probably entails several crashes.