/biz/ - Business & Finance

>>8209605
Mostly just the cross, but you can also get a feel for when a cross might be due when it gets to the extreme ranges, in which case you pay special attention to price fluctuations or stalls

>all stock indicators are fucking useless
*blocks your path*

Hey, err.. I uhhh.... ha ha saw you over there.... I think... umm... errrr..... do you know anything about how to make money with arbitrage?

I think MACD is the most authoritative my the Fisher Transform is also excellent in how fast it reacts

(No FUD intended.) I believe in the power of charts as a tool. If you care about your investments and use technical analysis, you have reason to be worried about the market as a whole. Basically, if you look at the global market cap over the past 3 months, you can see a huge head and shoulders pattern. For those of you who don't know, head and shoulders patterns are very reliable bearish indicators. The neckline is where we currently stand at around $420 billion. The shoulders are around $600 billion and the head is at the peak of $800 billion. To be blunt, if we don't get above $600 billion soon, we could be facing an actual bear market. And I don't just mean two months, I mean at at least half the year. This is further substantiated by Bitcoin's failed breakout at $11,300.

Negative implications: This looks scarily similar to a possible bubble burst. If this does happen, many of the FUDers in the mainstream news will be proved right. People will lose a lot of money, and even those invested in cryptos with real-world applications will lose a huge portion of their portfolio value. For educational purposes, I would be in fiat or set stop losses underneath Bitcoin's next support level at around $9300. We need a substantial run-up very soon.

Positives: On the other hand, if you look at Bitcoin's (BTC) 4-hour chart, you can see a large inverse head and shoulders pattern forming. If Bitcoin finds support at around $9300 and bounces, we could see Bitcoin return to its former glory of $15,000+. This would also save us from the head and shoulders pattern and lead us to new all-time highs. If we do enter a bear market, you will likely see the end of hundreds of shitcoins.

Pic unrelated.

Fisher Transform

>>7809314
This is the second time you've made this thread. I'll give the same reply:

Fisher Transform

>>7719357
>who else has some cheat codes to share?
Fisher Transform, thank me later

2 words: Fisher Transform

Fisher Transform predicted this. I sold at 10800

Is there a single indicator better than the Fisher Transform?

Protip: There isn't.