deepceleron
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Activity: 1512
Merit: 1025
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February 13, 2012, 04:22:18 AM |
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Oops, was gonna make the wall bigger, but now I'm all-in Bitcoin. Now I'm going to find a go go Bitcoin rocket rally time thread!
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RyNinDaCleM
Legendary
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Activity: 2408
Merit: 1009
Legen -wait for it- dary
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February 13, 2012, 04:26:00 AM |
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Oops, was gonna make the wall bigger, but now I'm all-in Bitcoin. Now I'm going to find a go go Bitcoin rocket rally time thread!
Lol! If the 5.21 wall is just there to force volume into the 5.20 wall, then you have the right idea. |
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joulesbeef
Sr. Member
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Activity: 476
Merit: 250
moOo
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February 13, 2012, 04:29:19 AM |
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BUY!!!!!!!!!!!!!!
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mooo for rent
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abeaulieu
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February 13, 2012, 04:29:52 AM |
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Anyone else notice the small wall at $5.42 as well?
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mb300sd
Legendary
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Activity: 1260
Merit: 1000
Drunk Posts
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February 13, 2012, 04:30:56 AM |
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Oops, was gonna make the wall bigger, but now I'm all-in Bitcoin. Now I'm going to find a go go Bitcoin rocket rally time thread!
Lol! If the 5.21 wall is just there to force volume into the 5.20 wall, then you have the right idea. Looks like its having the opposite effect... |
1D7FJWRzeKa4SLmTznd3JpeNU13L1ErEco
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waveaddict
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February 13, 2012, 04:34:16 AM |
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its actually quite obvious what is going on. By not allowing the V-bottom, whoever is shorting and has that wall at 5.21 is forcing a bearish chart in both the daily, hourly, etc ... flatline=continuation pattern=more downside in this case. You gotta have money to make money plain and simple...seen this same crap in penny stocks way back in the day. This will all end badly for whoever is doing this though unless he can break the chart and cause panic selling since without panic selling there is no one for him to cover his shorts into which is probably quite a bit. Both outlooks mean that we either collapse or scream higher depending on how much more money whoever is doing this has. I gotta say though, by breaking the MACD cross at the neutral line on the daily, the charts are not at all bullish anymore, so congrats to whoever is shorting.
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finway
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February 13, 2012, 04:45:05 AM |
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its actually quite obvious what is going on. By not allowing the V-bottom, whoever is shorting and has that wall at 5.21 is forcing a bearish chart in both the daily, hourly, etc ... flatline=continuation pattern=more downside in this case. You gotta have money to make money plain and simple...seen this same crap in penny stocks way back in the day. This will all end badly for whoever is doing this though unless he can break the chart and cause panic selling since without panic selling there is no one for him to cover his shorts into which is probably quite a bit. Both outlooks mean that we either collapse or scream higher depending on how much more money whoever is doing this has. I gotta say though, by breaking the MACD cross at the neutral line on the daily, the charts are not at all bullish anymore, so congrats to whoever is shorting.
exactly, he's dead. |
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abeaulieu
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February 13, 2012, 04:46:53 AM |
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wall fell. new wall at 5.42
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Sysrq
Member
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Activity: 66
Merit: 10
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February 13, 2012, 04:46:59 AM |
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The ask wall is gone !  Where are we going now ?  |
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Electricbees
Sr. Member
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Activity: 322
Merit: 250
We are bees, and we hate you.
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February 13, 2012, 04:48:41 AM |
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It's kind of like watching 300...
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Donations are welcome!
1BEES19ds5gEnRBoU1qNFPfjRXe94trMG3
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adamstgBit (OP)
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Activity: 1904
Merit: 1037
Trusted Bitcoiner
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February 13, 2012, 04:51:15 AM |
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It's kind of like watching 300...
 THIS IS WHERE WE FIGHT THIS IS WHERE THEY DIE |
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joulesbeef
Sr. Member
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Activity: 476
Merit: 250
moOo
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February 13, 2012, 05:01:15 AM |
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and were movin on up ♬
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mooo for rent
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waveaddict
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February 13, 2012, 05:09:37 AM |
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if you are counting the waves here, we clearly broke down out of a long drawn out triangle which puts the target at about 3.8-4.6 before we bottom (which could be very quick if this is just a corrective wave down)
I would not be buying bitcoins until that price range is hit. you would definitely be swimming upstream.
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hiVe
Sr. Member
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Activity: 254
Merit: 250
https://www.soar.earth/
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February 13, 2012, 11:05:06 AM |
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if you are counting the waves here, we clearly broke down out of a long drawn out triangle which puts the target at about 3.8-4.6 before we bottom (which could be very quick if this is just a corrective wave down)
I would not be buying bitcoins until that price range is hit. you would definitely be swimming upstream.
I kinda agree with you here, but lets face it, stranger things have happens already...I wouldn't be surprised if the bottom if far from the calculated targets and actually lands more to the upside, closer to 5. |
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waveaddict
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February 13, 2012, 01:53:36 PM |
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the bottom print at 4.62 needs to be retested or surpassed for this to be a valid correction so 5 is a little high still if you are counting the waves here, we clearly broke down out of a long drawn out triangle which puts the target at about 3.8-4.6 before we bottom (which could be very quick if this is just a corrective wave down)
I would not be buying bitcoins until that price range is hit. you would definitely be swimming upstream.
I kinda agree with you here, but lets face it, stranger things have happens already...I wouldn't be surprised if the bottom if far from the calculated targets and actually lands more to the upside, closer to 5. |
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BadBear
v2.0
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Activity: 1652
Merit: 1127
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February 13, 2012, 02:01:48 PM |
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I agree, we're lookin to see down to ~4 soon.
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abeaulieu
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February 13, 2012, 02:27:17 PM |
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I disagree. There's still a pretty solid buy wall at 5.20.
The market has just been oscillating between the 5.42 sell wall and 5.20 buy wall. The sell wall is weaker, and if that breaks there's not too much sell volume until the 5.70 price target.
but what do i know...
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waspoza
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February 13, 2012, 02:29:54 PM |
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I disagree. There's still a pretty solid buy wall at 5.20.
The market has just been oscillating between the 5.42 sell wall and 5.20 buy wall. The sell wall is weaker, and if that breaks there's not too much sell volume until the 5.70 price target.
but what do i know...
Walls lie more often than not. Either of them or both can be fake. |
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mobodick
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February 13, 2012, 03:05:07 PM |
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35k sell @ 5.21
 LOL Just curious, but does this count as incest? Or would it be a form of masturbation? |
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Electricbees
Sr. Member
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Activity: 322
Merit: 250
We are bees, and we hate you.
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February 13, 2012, 06:13:28 PM |
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35k sell @ 5.21
LOL Just curious, but does this count as incest? Or would it be a form of masturbation? Depends on your point of view. And that is as far as I'm willing to run with that... |
Donations are welcome!
1BEES19ds5gEnRBoU1qNFPfjRXe94trMG3
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