resistance at $5.3 deteriorating

[bitcoinBull]

The wall at $5.3 is withering away (was equal in size to the bid wall. now half).

[zby]

The ask wall is growing not deteriorating - the bid wall was doubled, but it was also moved down.  I personally don't expect much down move - but it is now correction time.

[bitcoinBull]

The ask wall is growing not deteriorating - the bid wall was doubled, but it was also moved down.  I personally expect much down move - but it is now correction time.

Thanks for clearing that up; I wasn't watching closely enough. Bid wall doubled then.

I agree with you; it is time for a correction. An upward correction, before resuming the long-term upward mega-trend!

[Technomage]

It's hard to know anything in this market but I do think that we're in a blatant bear trap right now. $5.5 will be at least tested soon.

[bitcoinBull]

It's hard to know anything in this market but I do think that we're in a blatant bear trap right now. $5.5 will be at least tested soon.

The bear trap would be if we test $5.0-$5.1 one last time before gapping back up. But as of now, it looks like $5.5 is going to get squeezed sooner rather than later.

[bitcoinBull]

That was quicker than expected 

bid wall now three times the size of the asks.

[proudhon]

That was quicker than expected 

bid wall now three times the size of the asks.

When things look like this on the depth chart I get suspicious of an impending dump.

[pcexpress4less]

That was quicker than expected 

bid wall now three times the size of the asks.

When things look like this on the depth chart I get suspicious of an impending dump.

Someone Just did.

[cloon]

was that a sell or just the manipulator pulling of the wall?
it's time, the real investors take up the upward pressure and not let themselves being manipulated

[Mushoz]

was that a sell or just the manipulator pulling of the wall?
it's time, the real investors take up the upward pressure and not let themselves being manipulated

It was a 13k sell into the smaller bidwall. The huge bidwall got pulled.

Edit: And the askwall got a lot smaller.

[cloon]

yes now the 10k bid wall at 5.30 is equivalent to the 10k at 5.17
im not pessimistic right now...

[proudhon]

That was quicker than expected 

bid wall now three times the size of the asks.

When things look like this on the depth chart I get suspicious of an impending dump.

Someone Just did.

<pats self on back>

[SkRRJyTC]

You are patting your self for predicting a dump that didnt move the price...  Good job?

[cloon]

looks like the bidwall's gone too...

[proudhon]

You are patting your self for predicting a dump that didnt move the price...  Good job?

A journey of a thousand miles begins with a single step.  Or something like that. 

[bitcoinBull]

was that a sell or just the manipulator pulling of the wall?
it's time, the real investors take up the upward pressure and not let themselves being manipulated

It was a 13k sell into the smaller bidwall. The huge bidwall got pulled.

Edit: And the askwall got a lot smaller.

Accumulators be accumulatin'...

[SpontaneousDisorder]

More coins needed on Intersango 


https://intersango.com/orderbook.php

[phelix]

the wall is a lie

[adamstgBit]

the wall is a lie

maybe the lack of walls is the lie 

[bitcoinBull]

I scoff at your 'walls'...

The walls set the price.