/biz/ - Business & Finance

>>10522431
Does it mean we moon now?

>>10522431
tell me more faggot

>>10522431
That's a weak MACD.

>>10522445
Means extreme dump.

>>10522445
If the TA meme is right, then yes. I would wait for a clearer jump of the MACD above the signal line to be sure, though.

>>10522445
its means the bear is tired.

>>10522461
*dumb

>>10522431
I love laggy indicators. They are always telling a stories from the past, like some demented old man in a van

>>10522431
MACD? what is that, McDonald's stock ticker?

what should I do with that information

>>10522506
Print out op's picture and wipe your ass with it.

>>10522491
kek

YEAH YOU HEARD THAT BEARS?!!
ITS TIME TO FUCK OFF

>>10522491
It's almost like anyone smart is shifting the line to its true average and doing a polynomic/fourier prediction.

If it actually stays green, this is a good indicator the momentum is changing. Bullish.

>>10522499
No, that would be SRGY.

>implying everyone won't sell as soon as they can

>muh Maccy Deez
>muh bizonacci
>muh cock and balls pattern

>>10522431
finally

>>10522499
THE NORMIES ARE BACK
HOLY SHIT
THE NORMIES ARE BACK, WE MOON NOW'!!!

>>10522598
you realize the entire thing is a farce right. the republican tax breaks in america for corporations creates artificial growth. but the tax rate was already so low for companies that if they try to do another 15% tax cit bext year when companies can no longer used a previous year same quarter comparison to show good growth that the country will take in negative dollars from companies

the government isnt giving up its military spending either and aluminum and steel make most of the military hardware. the dollar will get hit next year along with companies thanks to the republican tax bubble + trumps tariffs. america only has enough recycled steel and aluminum to last through fall 2018

so bulls just create the next recession is the media narrative because obama supporters and republicans dont want blame for years of QE tax breaks and a lack of understanding of what the economy even is...

*sips absinthe

>>10522676
Is this a copy pasta? What the fuck did I read.

>>10522676
Dude, we are in a twin or triple or quadruple crisis right now.
Currencies, Banks, Real Estate, Bond markets
It's all fake and artificially propped up

That's 99% of the reason I'm here and not on some stupid stock trading board.
Because Cryptos are the most solid thing we have right now. It's ironic, because they're just fucking computer codes traded and created by autistics fucks across the world. ANd they just went through one of the harshest bear markets ever seen in any asset class ever.
But it's still the best we have.

Yeah I know it's all a farce.
Yeah I know it.

But sometimes the old structure has to be held up long enough (artificially) for people to evacuate to a safer one.
Maybe Bitcoin can be that safer one.

I certainly don't wish a crash on anyone. 2008 was hell.

>>10522688
u red absinthe bro

>>10522688
Once you've been on 4chin long enough you learn to not even read bullshit.

>>10522445
Yes.

>>10522791
>Everything is in a bubble.
GUYS...Invest in crypto...very riskfree...Not volatile....and big big adoption coming soon!

Lmao

>>10522841

enjoy 100% annual inflation weimarica. with jews you lose.

>>10522445
I'm ready, frens

>>10522445
yes the bear is finally dead

>>10522445
We are moving sideways. This is just the indicator drifting to zero.

>>10522791
this is the most retarded fantasy land shit i've ever read

you're claiming everythings crashing and people should find save haven in crypto??? I hold some crypto and even I think its a fucking scam, there's no real world use here, at least not for years and years to come, this shits a joke and the only reason that isn't the widespread opinion is because for the better part of a decade crypto was too small and irrelevent to even talk about. Up until 2016 the vast majority of the population didn't even know what Bitcoin/Crypto was, and then the shit in 2017 happened, everyone figured out it was a scam, and now that message needs to be shouted far and wide.

If we do hit another major recession DO NOT invest in cryptocurrency. The central banks will not fail, the recession will primarily hurt real estate and the job market, so keep your fiat cash at home and be frugal.

This is why /biz/ keeps losing money. 90% of us are still in the novice stage of trading where you think the macd crossing is some tell-tale sign the market is changing. Fuck me. I can’t understand why you guys are too lazy to just learn how to read charts properly.

>>10523297
Paul? Paul Krugman?

>>10523297
Lol idiot. The remittance market is being transformed by crypto. Look at the Phillipines and what crypto is doing to them.

>>10523718
you tards always make this claim
>phillipines!
>venezuela!

the only reason its making any impact whatsoever in those shithole countries is because of government/banking CORRUPTION which is not a fear during recessions in first world countries - no government or bank is going to seize your fiat dollars in USA, Canada, or most of Europe so there's no need to hold any crypto for that reason.

>>10523297
I'm betting on maturity of the space in the future.
You're talking about the present ? If so then I agree with what you've said.
But what about 10 years from now?
20?
Will you bet against crypto becoming more stable, more widespread, more professional by then?

>>10523782
If crypto (BCH) appreciate against the dollar during a period of hyperinflation, you can bet that literally everyone will FOMO in.

I'm not saying that this is a certainty, but it's a possible outcome. It's certaintly easier for the average millenial to FOMO into bitcoin with their life savings than it is to buy gold. And double that for people fleeing a sinking ship.

>>10522431
This down trend we just entered on the 1H is unironically, the final squeeze.

>>10523297
all existing paradiigms change or fall. the people who make real money are those who are positioned to exploit things when they do change. smart contrats will change everything.

go all-in LINK.

>>10522445
Pretty much yeah, it might take a little while since its on the weekly but there should be a uptrend soon enough

>g g-golden bull run soon!

>>10522652

>this is a suckers rally

>>10524422

Checkdd those juicy double digits. The BULL is coming.

>>10523297
Lol at your shit
>>Keep your cash at home and be frugal little goy while we inflate your money to absolute shit. Be frugal! The ecoboomery is hurting!

Sub 5k coming!

>>10523297
>managing debt through currency debasement is sustainable
Read a history book retard

My buy orders are set between $5-5.5k and they're getting filled by EOM regardless of how bullish you retards are.

The bear market will last until at least EOY.

>>10522676
>but the tax rate was already so low for companies
lol no, we had the highest in the developed world. 35% + State. Who is educating you?

We just lowered ours to match the EU/Canada/Australia's rate range. We're still 10% above China.

>>10523297
cucked and bluepilled

>>10522628
If.

>>10526654
what charting software is that?

>>10522467
bear took a final dump

>>10525737
You willing to risk missing the incoming bullrun? Bear is out of steam. Good luck.

>>10522598
I find your picture offensive. Pls delet onions

>>10526730
it's the charting software you get when you're a goddamn pussy

Daily candle is currently a Doji, if it closes as one we will be at 9.5k by the end of the next week

>>10522621
fourier prediction is based on given data...

dumby

>>10522647
underappreciated post

>>10522974
Jesus man every single pepe kills me, I must be some huge retard.

Where is PoS/PoL? (Proof of Short/Proof of Long)
Reminder to not trust any TA fag that does not show his LEVERAGED positions that concur with his analysis.
If he doesn't trust his money with his TA it's because it's not worth a shit.
>"but I don't like gambling"
So TA is not that solid if it's a gamble for you then?
Anyone can hold, not everyone can net profits on leverage and avoid liquidation until cashing out, it takes real skills and balls, because you can not afford to be wrong or you'll lose all your money, unlike when you're not on leverage.

>>10526730
its ninjatrader 7
>>10526862
it gets the job done

>>10523930
This is very very true. Another massive spike WILL occur. I'm just curious about when it will actually happen.

>>10523782
>I don't care that the rest 5 billion people on earth live in shit as long as I can get my Tesla and iPhone.
living off from other countries wealth is not sustainable and will turn to a shit storm sooner or later.