/biz/ - Business & Finance

>>7962207
>RRRRRRRRRREEEEEEEEEEEEEEEEE GET OUT GET OUT GET OUT

Jesus christ, I remember when you faggots told me this when I was talking about a correction on the 20th too. Look how that turned out, faggot. I bet you're still in the red.

>You fucking loser
>This forum is for GROWNUPS.

Ah, yes, how very grown-up of you to shut down discussion and honest criticism. Holy fuck, you have zero self-awareness.

>>7954675
>Have fun sucking his dick more, though.

I literally did nothing but shit his threads up for a long time until very recently when he admitted he was wrong. I dislike shhfags just about as much as everyone else who isn't one.

>Did Oracle tell you WHEN to buy and sell?

No, I do my own TA. It would be obvious to you if you looked at my posts. I just happen to agree right now that $9300 is a support line, but I disagree about what will happen next. I think we'll go bearish, see >>7951417, because the market sentiment isn't there. If I'm wrong, I'm wrong, but I'm performing no particular action with regards to BTC until a pattern emerges.

The point I'm making is that TA allows you to find support and resistance points, and speculate more accurately about what the market will do when it reaches those points. You can identify critical regions from resistance and support points, you can identify patterns that typically lead to a particular situation, observe the price action etc. to determine when a trend reversal is likely, and what to do when the market makes its decisions at that point.

I don't need orakek's TA to make an informed decision, I just like discussing the market.

Pic related, speculative TA I did on the 19th that we'd correct, simply thinking about what was most probably. It's not perfect, but it's pretty close to what actually happened.

>>7900608

Are you actually a brainlet? Asking a question to get another opinion on something isn't being unable to use my own brain.

I did use my own brain and posted this shit in these threads on the 19th, then kept posting about the correction until it happened.

>>7892775

Elliott waves and fib retracement can be used together to form a more complete picture, but again, it's still very speculative unless you have an already established pattern to work off.

For example, you have identified some key points of resistance and you have already a good way into wave 3 of an elliott impulse wave. You can speculate with some degree of accuracy what the retracement will look like and what wave 5 will look like by using fib retracement combined with the identified elliott wave pattern.

If you are already a good way into wave 5, you can do the same to speculate what the ABC correction will look like, if you think it'll be followed up by one. Elliott waves and fib retracements are subjective as fuck and can only be semi-reliable if you base it off an existing pattern.

Example of what I spoke about earlier, by the way, with regards to reasoning your way to a correction.

>>7886492

I see your confusion, but that trend line was around from before the fall to 9.6k.

This is what I had a few days ago before I cleaned up the chart.

>>7872191
>Z 14-1
>Z was wrong

Fair enough, but I do want to point out that this was one of my first posts in your thread and it was pretty spot on about what happened afterwards.

It's not perfect, but a fairly accurate approximation of what happened, made on the 19th.

Maybe 14-1 for others, but I never made a claim before this correction to 9.5k.

>>7872198

This was one of my first posts about it, turned out pretty accurate desu

dumb frogposter

>>7800870

I find that very unlikely to happen for the next 3 weeks or so (after that idk). Dropping to 6k was a huge overcorrection in the first place and so recovering to 8.5k was perfectly reasonable. From the recovery we've had a massive pump which needs correction, but I don't think it'll go lower than 9.5k because of what my TA shows.

I expect BTC will trade sideways from then until we start intersecting the trend line from ATH.

Pic related