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10041558 No.10041558 [Reply] [Original]

We bull now.

>> No.10041566

I'm only seeing red bullfriend

>> No.10041569

>1 minute candle green
>"the golden bull run is beginning guys"

>> No.10041575
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10041575

>>10041558
Might want to check your TA again fren

>> No.10041641

>>10041575
You mean the graphics thing most people use to explain their agenda?

Let's be honest, TA is good to understand POSSIBILITIES, but you retards take it like it's a Nostradamus prediction.

>> No.10041666

>>10041641

because good TA literally is a nostradamus prediction

>> No.10041709

>>10041666
No, it isn't. TA shows the percentage of an occurrence from previous patterns. One thing about economics, no pattern is 100% sure to happen. On the other hand, TA in crypto became a sell fulfilling prophecy since it's a market driven by emotion and not intrinsic value, so most retards follow any TA fed into their brains and act on them while not understanding shit about what they are reading.

>> No.10041775
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10041775

>>10041709
Nostradamus only looks effective in retrospect, if you twist what he says to match the data and ignore everything meaningless and obviously wrong.

Nostradamus predictions are EXACTLY LIKE technical analysis.

>> No.10041778

>>10041709

That's not how it works...

A double top works as a "pattern" because logically, if something fails to break a resistance after 2 attempts, it's probably not worth much more, so it goes down. A bear/bull flag is after a big initial move in the opposite direction, so it makes sense people wait for a dip/pop to buy/sell. A trend line is just that, a line that shows the trend. You learn about trend lines in 7th grade science class. You can determine the trend a security is going using it, and you can decide if you want to be on the long or short side of the trade based on the long term trend

are you just retarded? Most of TA is just common sense. It just takes into accounts that humans are trading, and humans universally abide by the same ideas/thought processes

>> No.10041836

>>10041775
Yeah, a fair point of view, I give you that.

>>10041778
I understand that, but no pattern, resistance or support is sure to hold, there are a ton of different variables that need to be accountable, and TA only shows the technical aspect of a closed system, therefore you can't say that a particular TA is 100% sure to happen, which is my problem with most people since they think it's something completely assured. It's x vs y instead of a proper and healthy discussion about the POSSIBILITIES of the market. Meh, it's 4chan I guess.

>> No.10042233

what a bunch of retards, TA isn't pretending to be what you mock it for, village idiots

and the fucking intellectual complexes shining once in a while when somebody 'rips apart' TA wow we get it, you made it look ridiculous with a bunch of exaggerations w/o understanding it

>> No.10042378

>>10042233
Please do enlighten us on why we are wrong? It seems like you are spewing random shit to look smart, TA is not fucking rocket science, it's easy to understand it's principles.

>> No.10042734

>hurr durr muh bull run
btc hasn't even moved, retard