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Giant Meme Triangle On BTC

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Thread replies: 33
Thread images: 8

Who else saw it? What's going to happen?
>>
File: Pennant3.png (121KB, 1512x701px) Image search: [Google]
Pennant3.png
121KB, 1512x701px
Ethereum has one going right now as well
>>
It means BUY
>>
File: 1499503448869.png (126KB, 399x388px) Image search: [Google]
1499503448869.png
126KB, 399x388px
>>2738895
I SEEN IT
>>
>>2738895
250 bitcoin wall on GDAX just got taken down. may be happening
>>
Anyone with a brain saw it coming. After every goddamn recent announcement it's obvious people are accumulating.
>>
File: Symmetrical.gif (13KB, 272x250px) Image search: [Google]
Symmetrical.gif
13KB, 272x250px
>>2738895
Spoiler*
>>
why is there a 250 BTC wall that keeps getting put up before rapidly being taken down? it keeps going like $2 higher when its put up briefly
>>
>>2738947
whoever is doing this clearly doesn't want the price to go up. interesting watching one person manipulate the entire market
>>
dont know why you even look at this shit, chart analysis is 100% never correct
>>
Nice, just bought 100k
>>
>>2738906
ETH has that down dorrito pattern, its over for ethercucks
>>
>>2738930
>>2738947
What is a bitcoin wall?
>>
File: Standoff.png (6KB, 228x121px) Image search: [Google]
Standoff.png
6KB, 228x121px
>>2739127
as you can see here someone put up a sell order for 500 Bitcoin or ~$1,200,000. this order would have to get filled in order to move on to the next orders after it and continue raising the value. someone keeps putting this wall, or order up as soon as the price starts surging. people will see this order and say fuck that shit and sell instead. i don't know if he is trying to tank the price or what his plan is
>>
File: 500.png (10KB, 226x214px) Image search: [Google]
500.png
10KB, 226x214px
>>2739152
>>2739127
oops that was the wrong image, sorry. here is the image of the 500 wall
>>
>>2739127
it's a wall made of bitcoin
>>
File: 1498447151560.gif (510KB, 700x827px) Image search: [Google]
1498447151560.gif
510KB, 700x827px
Mfw I bought 1 btc because of this meme triangle.
>>
>>2738997
>has 250000000 to dump into meme money
>doesn't put it all on Bitbean
lol, stay poor faggot.
>>
>>2739180
>lurk more
>>
>>2739240
Either you're hopelessly retarded or this is a 10/10 funpost. It's easier to assume you're just retarded though so I'm gonna go with that.
>>
>>2739248
>lurk more
>>
>>2739164
the breakout hasn't happened or indicated direction
>>
>>2738895
Still correcting. But traditionally I believe it points to a rise.
>>
>>2738947
Please pajeet, 250 BTC is not a "Wall" in BTC/USD market.
>>
>>2739248
lurk more dumbfuck
>>
>>2739304
it was enough to deter the upward movement. once it got put up, the price dropped like a rock
>>
>>2739155
>>2739152
Idk exactly what this means but thanks for the explanation. What site is the pic from?
>>
>>2739408
cryptowat.ch
>>
>>2739429
Stop giving that underage retard easy info. He should do his own research and lurk more.
>>
>>2739310
>more
You need to stop or fuck off back to plebbit.
>>
>>2738895
The crypto bubble is going to pop.
>>
>>2739611
insightful post, thank you
>>
File: thegame.png (149KB, 2297x1219px) Image search: [Google]
thegame.png
149KB, 2297x1219px
>>2739617
I wouldn't get too comfortable. The total marketcap keeps losing volume which means more people are cashing out and staying out. Current price levels can't be sustained for long this way
Thread posts: 33
Thread images: 8


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