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/biz/ - Business & Finance

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10868873 No.10868873 [Reply] [Original]

looks like 6k was the bottom to me

>> No.10868886

and drawing a descending triangle..

The descending triangle is a bearish formation that usually forms during a downtrend as a continuation pattern. There are instances when descending triangles form as reversal patterns at the end of an uptrend, but they are typically continuation patterns.

>> No.10868922

I mean that's clearly a bear flag. Once it completes it will drop to 3k-4k which will be a more realistic bottom.

>> No.10868930

>>10868886
doesnt mean it will break down. 6k was hard support, also showing slower dumps.

>> No.10868976
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10868976

>>10868922

>> No.10868994
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10868994

>>10868976

>> No.10869011
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10869011

>>10868994

>> No.10869677
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10869677

>conformation bias; the thread

yup, time to short

>> No.10869729

>>10869677
Cya after you lose everything idiot

>> No.10869779

>>10869729
you can't lose shit if you use stops with your longs.

>> No.10870429

I think 6k is the bottom as well because so many people are hoping for a lower low. This will cause major FOMO when we start flying past 8k.

>> No.10870461

Where’s that 5800 faggot now

>> No.10870572
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10870572

>>10868873

>> No.10870692

>>10868994
What indicator is in the grey?

>> No.10870789
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10870789

>>10869677
Don’t mean to double post like this, wtf do you think the latter half of 2016 and alllllll of 2017 was??? I’m honestly confused as what you’re thinking this means. Were you not here for the 3000 push?

>> No.10870829
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10870829

Not so fast guys my 4500 target needs to be tested first.

>> No.10870847

All a whale has to do right now is time a bart to get BTC above 7500 and it will cause FOMO.

>> No.10870873

>>10870829
Nice hair m8 is that a 9 count?