/biz/ - Business & Finance

>>13606390
We pulled back to re-test the 200 again, which held again and we began a slow, steady ascent towards and through the 20 week moving average, which had acted as both support for the entire run up, and resistance on the entire way down. Notice how strong the RSI got as accumulation happened at the bottom. We broke through the 20 and on the subsequent week we fell to re-test the 20 from the top. It bounced and closed green, which was the spring for the huge explosion of coiled momentum that had built

>>13260766
Yeah and this is pretty much your last hope, which doesn't really offer much risk/reward on the short side. You're utterly retarded to be anything but bullish here (ideally you should've bought below 4k) - 200wma is and will remain iron-clad support

>>13255122

>>13254019
Utterly and completely wrong, but you go do you I guess. We need all the shorts we can get for the fuel to 6k. This is about the most bearish scenario I can come up with, which is really just another retest of the 200wma before blasting off. At this rate I don't think that happens.

>>13238419
I bet you know all about the art of the squeeze since you got BTFO on one

We bottomed and anyone trying to LARP about a 2k test is fucking retarded. Even if it goes to 2k, just don't be a fucking retard and instead start scaling in, so you leave yourself the flexibility to add more at 2k if we get there.

>>13229759
You're absolutely fucking moronic. Pic related is your best shot, a retrace back to the 200.