Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
This is not ment to be technically correct TA. Anyways I wanted to share this point ov view. Exchange is 1day @Huobi.
My apologies, but this chart makes no sense.
I believe that he is saying he wants BTC prices to go up.. by wishing such...
we could just hmm, hmmmm , hmmm, hmmmmm , hmmmm prices go up.... hmmmm , hmmmmm , hmmm prices go up... hmmm prices go up.... hmmmm , hmmmmm , hmmm prices go up... hmmm hmmmm , hmmm, hmmmmm , hmmmm prices go up.... hmmmm , hmmmmm , hmmm prices go up... hmmm prices go up.... hmmmm , hmmmmm , hmmm prices go up... hmmm hmmmm , hmmm, hmmmmm , hmmmm prices go up.... hmmmm , hmmmmm , hmmm prices go up... hmmm prices go up.... hmmmm , hmmmmm , hmmm prices go up... hmmm hmmmm , hmmm, hmmmmm , hmmmm prices go up.... hmmmm , hmmmmm , hmmm prices go up... hmmm prices go up.... hmmmm , hmmmmm , hmmm prices go up... hmmm
Does this make more sense?
hmmmmm?You got me. The lines looked somehow funny. Methinks: Even if it will go further down. Before that to happen, it will go up from here at least 100-200$.
Your lines do seem to be kind of arbitrary.. yet, I have NO IDEAS about how to draw lines or to project based on these kinds of lines.... except maybe if the price is stable for a while then probably it is going to break out in one direction or another...
I though that it would just be fun to translate what you were saying into a wish... hehehe... ... And, I share your wish...
NOW.. are you suggesting that we are going to go into the $550 to $650 range within the next few days?... and it seems very plausible that we need to return BTC prices to these levels in the near future... and then soon thereafter go to $650 to $750 and then $750 to $850.. and maybe linger within that price range until about the end of July-ish.. before we head moonwards, maybe to the $1500 price territory... ? If NOT $1500 by July, maybe $1500-ish at some point before the end of the calendar year?