The Bitcoin Thread

[crawler]

What is up with all these gazillion 0.0005 trades?
High frequency trades or what the heck?

Bots normally

 

[carstensdj]

Well, tether is always 1:1 so rarely moves

Love sales days, cashed out my bch when it hit $4k during gdax bugger up a while back and have been sitting on fiat waiting to buy something on 'sale', saw neo below $100 yesterday so grabbed some more, fark me, its already pushing $160... bought more ada too *faints*

Well played sir

 

[*SynergyX*]

feels like another drop is coming....

 

[Zulfi]

feels like another drop is coming....

what makes you say that?

 

[saturnz]

what makes you say that?

because dead cats can only bounce that high

 

[Zulfi]

because dead cats can only bounce that high

ok is this sarcasm or being serious? im sorry, im being genuine, i really cant tell

 

[*SynergyX*]

what makes you say that?

no volume on the big exchanges... when these things move up on low volumes, usually a sign of weakness

 

[Zulfi]

no volume on the big exchanges... when these things move up on low volumes, usually a sign of weakness

you use investing.com bitfinex chart to see this? or numerous?

 

[Kloofvreter]

ok is this sarcasm or being serious? im sorry, im being genuine, i really cant tell

Ignore that guy

 

[Zulfi]

Ignore that guy

thanks Sloot.. any opinion on BTC position?

 

[Kloofvreter]

thanks Sloot.. any opinion on BTC position?

Not at all. I'm not a prophet and certainly no expert. And the advice of ignoring saturnz goes for just about any post in any thread, not just this.

 

[*SynergyX*]

you use investing.com bitfinex chart to see this? or numerous?

investing --- you can add the volume onto the charts also

 

[Zulfi]

investing --- you can add the volume onto the charts also

how do i do that? sorry dude i tried now .. clicked all the lil buttons and icons!

 

[rza]

where is it up 40%

It was at Luno.

 

[rza]

I have added a buy order at R120k. So can we please get bad news so fragile people can sell. :crylaugh:

 

[*SynergyX*]

how do i do that? sorry dude i tried now .. clicked all the lil buttons and icons!

On the interactive chart.

Studies --> Inidicators --> Volume

will add a bunch of red and green bars at the bottom of the chart for each candle.
Look at the volumes on the big up moves and down moves vs the volumes on the last few candles. (longer time frames 5hrs+)

 

[Zulfi]

On the interactive chart.

Studies --> Inidicators --> Volume

will add a bunch of red and green bars at the bottom of the chart for each candle.
Look at the volumes on the big up moves and down moves vs the volumes on the last few candles. (longer time frames 5hrs+)

thanks... so when price goes up on low volumes.. its considered a weak rise?

 

[*SynergyX*]

thanks... so when price goes up on low volumes.. its considered a weak rise?

"A rising market should see rising volume. Buyers require increasing numbers and increasing enthusiasm in order to keep pushing prices higher. Increasing price and decreasing volume show lack of interest, and this is a warning of a potential reversal."

Read more: How To Use Volume To Improve Your Trading https://www.investopedia.com/articles/technical/02/010702.asp#ixzz54cCIrg4I

 

[Zulfi]

whoa thanks man! appreciate it!

 

[carstensdj]

"A rising market should see rising volume. Buyers require increasing numbers and increasing enthusiasm in order to keep pushing prices higher. Increasing price and decreasing volume show lack of interest, and this is a warning of a potential reversal."

Read more: How To Use Volume To Improve Your Trading https://www.investopedia.com/articles/technical/02/010702.asp#ixzz54cCIrg4I

Thanks for sharing