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2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance


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File: 119 KB, 800x1280, Screenshot_2018-07-18-07-58-36.png [View same] [iqdb] [saucenao] [google]
10314150 No.10314150 [Reply] [Original]

>this reverse H&S with double bottom
How shorters didnt see this comeing?

>> No.10314195

>>10314150
They were high buyers and wanted to emotionaly "get back" at btc.

>> No.10314207
File: 31 KB, 500x396, 1519739854884.jpg [View same] [iqdb] [saucenao] [google]
10314207

>>10314195
This sounds so sad that it might even be true.

>> No.10314285

>>10314150
Because the volume profile doesn't correspond to a real H&S... typically you'd expect to see an increase in volume building up through the right shoulder... but the volume just decreased throughout and then came out of nowhere once we breached the neckline. Looks unnatural as fuck.