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Will it go above 80 or shy back to 70?
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Topic: Will it go above 80 or shy back to 70? (Read 1055 times)
ehoffman
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Will it go above 80 or shy back to 70?
July 08, 2013, 10:56:34 AM
#1
Well, I guess it depends if we can crush that 5121.468 BTC (at this time) wall...
I really didn't expect a rise in the first place. Usually, the trend is to rise during the week, and tank during week-end, but we got the inverse situation.
Well, time will tell.
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Inedible
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Re: Will it go above 80 or shy back to 70?
July 08, 2013, 11:04:29 AM
Last edit: July 08, 2013, 12:09:02 PM by Inedible
#2
I've noticed that there are several thousand-Bitcoin walls that magically vanish before prices quite reach them.
You don't know how much of that wall is real.
Edit: Hyphen for clarity
If this post was useful, interesting or entertaining, then you've misunderstood.
sacko
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Re: Will it go above 80 or shy back to 70?
July 08, 2013, 11:25:58 AM
#3
above 80
xorglub
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Re: Will it go above 80 or shy back to 70?
July 08, 2013, 11:27:04 AM
#4
down it goes...
naphto
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Re: Will it go above 80 or shy back to 70?
July 08, 2013, 12:02:55 PM
#5
We can use a plane
ehoffman
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Re: Will it go above 80 or shy back to 70?
July 08, 2013, 12:46:55 PM
#6
Quote from: Inedible on July 08, 2013, 11:04:29 AM
I've noticed that there are several thousand-Bitcoin walls that magically vanish before prices quite reach them.
You don't know how much of that wall is real.
Edit: Hyphen for clarity
Indeed, we often see someone waking up and seeing his wall being eaten, and push it at another point
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Moogle
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Re: Will it go above 80 or shy back to 70?
July 08, 2013, 12:55:36 PM
#7
shy back down to 70. maybe even lower
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ehoffman
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Re: Will it go above 80 or shy back to 70?
July 08, 2013, 01:44:48 PM
#8
The wall has won...
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Frozenlock
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Re: Will it go above 80 or shy back to 70?
July 08, 2013, 03:22:27 PM
#9
Now at $75. My guess is it will venture back to $82 to create something looking like a reverse head and shoulder on the 4h candles.
Walsoraj
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Re: Will it go above 80 or shy back to 70?
July 08, 2013, 03:30:56 PM
#10
Most walls vaporize, propelling price in that direction. So, floor-wall = expect downward price; ceiling-wall = expect upward price.
This last ceiling-wall not rocketing us to da moon has me scared a bit... Why no longer working?
cbeast
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Re: Will it go above 80 or shy back to 70?
July 08, 2013, 03:40:27 PM
#11
Quote from: Walsoraj on July 08, 2013, 03:30:56 PM
Most walls vaporize, propelling price in that direction. So, floor-wall = expect downward price; ceiling-wall = expect upward price.
This last ceiling-wall not rocketing us to da moon has me scared a bit... Why no longer working?
The Bitcoin trading playbook is constantly changing. I'm calling this big sell wall The Tsunami. Watch it suck the price down and then sweep down back to 70.
Any significantly advanced cryptocurrency is indistinguishable from Ponzi Tulips.
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