Post
Topic
Board Speculation
Re: Wall Observer - MtGoxUSD wall movement tracker - Hardcore
by
Traktion
on 16/07/2013, 19:12:27 UTC
Not much longer now. The 12 hour chart is unbelievably bullish. The bears in the low 100s are going to be massacred.

12 hour chart? massacred? really?

I agree, everything thing I have is screaming upward, that this is only just the beginning.

The short term chart does look like there may be a break out. There is a rising triangle, which is pretty bullish.

I'm still not convinced that the breakout will last, but I've bought a chunk of BTC again and may sell into the breakout, should it occur.

[It is also painful not holding much BTC. Holding so much fiat feels... dirty!]

After seeing how the day has developed, I've sold out again (for about the same price as I bought in!).

It still doesn't look like $100 is going to be breached and sustained (or $95 on Bitstamp).