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re: Official CryptoTalk Thread

Posted on 2/14/18 at 5:12 pm to
Posted by Tiguar
Montana
Member since Mar 2012
33131 posts
Posted on 2/14/18 at 5:12 pm to
TA from cointelegraph was predicting 250-300 if ltc broke 175, which it did. If I were you, I'd take profits around there and put into alt coins with news coming up.
Posted by SoulGlo
Shinin' Through
Member since Dec 2011
17248 posts
Posted on 2/14/18 at 7:34 pm to
What happened to make BTC jump around 5pm yesterday?
Posted by Tiguar
Montana
Member since Mar 2012
33131 posts
Posted on 2/14/18 at 8:00 pm to
Lots of FUD alleviated. Korea and US news was positive.

We are at a cross roads. Basically, if BTC breaks 9500 in the next 24h, we could see it climb to 11.5~.

If it doesn't, it might slip back down to 8000~7500 (this is all per cointelegraph TA)

And as BTC goes, so too does ETH generally. I am optimistic but the wall at 9500 for btc is thicc. We all have our opinions but for the next 24-48h, unless you want a marketwide dip to consolidate more, you need to be a BTC fan.
Posted by SoulGlo
Shinin' Through
Member since Dec 2011
17248 posts
Posted on 2/14/18 at 8:24 pm to
I kinda want to buy more in the next week or so. I was only messing around with a couple hundred bucks to see if I could time the buy/sell. So far I'm up so I want a cheap buy
Posted by Tiguar
Montana
Member since Mar 2012
33131 posts
Posted on 2/14/18 at 8:29 pm to
some dude just dropped almost 100k on btc at 9450 on gdax. He is going all in on the 9500 resistance going down
Posted by Tiguar
Montana
Member since Mar 2012
33131 posts
Posted on 2/14/18 at 8:42 pm to
We almost had a dreaded double-peak but the bulls broke through.

I just saw two 20btc buy transactions go through.


We are at the wall.
Posted by Tiguar
Montana
Member since Mar 2012
33131 posts
Posted on 2/14/18 at 8:42 pm to
LOL 330 BTC WENT DOWN INSTANTLY. WALL DOWN
Posted by DreauxB2015
Member since Nov 2015
7913 posts
Posted on 2/14/18 at 8:52 pm to
Im here like - Have a feeling things are about to explode .
This post was edited on 2/14/18 at 8:53 pm
Posted by Tiguar
Montana
Member since Mar 2012
33131 posts
Posted on 2/14/18 at 8:54 pm to
US markets are gonna open tomorrow and I have a good feeling about it. BTC finna eat.

I hope this isnt a fools rally. It feels like that 330 btc wall was manually taken down. It went from 430->330 very quickly and I think the bot/dude was like frick that and took it down. I think they were trying to actively suppress momentum.
Posted by Tiguar
Montana
Member since Mar 2012
33131 posts
Posted on 2/14/18 at 9:23 pm to
just so we're all clear here, the resistance 9450->9500 was 8.5M USD and went down in a couple hours.

The resistance 9700->10000 is 10m USD, and 10k was another magic point some folks were using as a sign of a true recovery. Here's hoping.
Posted by SoulGlo
Shinin' Through
Member since Dec 2011
17248 posts
Posted on 2/14/18 at 9:23 pm to
Pardon the ignorance, but where do you get your info? How do you see and interpret volume and whatnot? Please edjamacate.
Posted by Tiguar
Montana
Member since Mar 2012
33131 posts
Posted on 2/14/18 at 9:27 pm to
I predominately use gdax

LINK

volume is just a measure of how many people are buying/selling in a 24h period.

I look at the order book and max out the spread to reduce spam
Posted by Tiguar
Montana
Member since Mar 2012
33131 posts
Posted on 2/14/18 at 9:30 pm to
TA from coin telegraph

quote:

If the BTC/USD pair breaks out of $9,500 and sustains for four hours, it confirms a breakout and we recommend long positions with a stop loss of $7,800. Our first target is a move to the 50-day SMA, which currently is at about $11,780. Above this, we might see a move to the resistance line of the descending channel. Secondly, if the price turns down from $9,500 and breaks below $7,800, a slide to $7,000 is likely.


we gotta stay >9500 for three more hours.

#believe
Posted by SoulGlo
Shinin' Through
Member since Dec 2011
17248 posts
Posted on 2/14/18 at 9:57 pm to
I don't have enough. I want a drop for a day lol
Posted by SoulGlo
Shinin' Through
Member since Dec 2011
17248 posts
Posted on 2/14/18 at 10:19 pm to
Took a gander... it is fascinating but I generally have no idea how to read and interpret it
Posted by Tiguar
Montana
Member since Mar 2012
33131 posts
Posted on 2/14/18 at 10:56 pm to
I don't wanna jinx us, but barring some "oh shite what were we thinking" reversal of momentum, we might be in shape for a run.
Posted by Clint Torres
Member since Oct 2011
2837 posts
Posted on 2/15/18 at 12:00 am to
LFG!
Posted by Tiguar
Montana
Member since Mar 2012
33131 posts
Posted on 2/15/18 at 12:23 am to
The last FUD hammer to fall is Tether.

That needs to be resolved one way or the other.

If it "resolves" in a negative fashion, the markets are going to blow up in a worse way than we've seen in a long time.

Posted by Bullfrog
Running Through the Wet Grass
Member since Jul 2010
60693 posts
Posted on 2/15/18 at 5:05 am to
quote:

Any predictions on Litecoin over next few days
Litecoin is forking on Sunday. I believe at 5:59 pm CST.

You’ll get 10 Litecoin Cash tokens for every 1 Litecoin you have in a (Litecoin) wallet - not on an exchange. There is a procedure you need to follow to claim your Litecoin Cash tokens.

LTC price will probably be up until then.

How to get your Litecoin Cash Tokens
Posted by Drew Orleans
Member since Mar 2010
21577 posts
Posted on 2/15/18 at 6:40 am to
Oh damn. Didn’t realize that was happening. Wonder if I should sell high or buy more now. Ha
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