/biz/ - Business & Finance

>>11139439
kek. nocoiners grasping at straws at this point.

Nice you saw the chart I posted >>11139346

>>11139439
now put your money where your mouth is and post your liqu price

>>11139439
ok, but it's drawn wrong.
look again

op, ive been waiting on this for months. im a ta expert. it drops 50% when it breaks down at end of the triangle.

>>11139477
post your drawing maybe you're the one that's wrong.

>>11139453
>>11139465
Ill be DCAing all the way down

>>11139439
we are out of that triangle, and moving sideways(as sideways as possible for bitcoin). It's accumulation.

We will enter bull before eoy, I expect in a month or so. And unironically it'll be the golden bullrun. $80k btc end of 2019.

Cap this.

>>11139527
Spotted the guy who got into crypto in late 2017

>>11139493
The difference is that this triangle has 4 points touching the resistance trendline, whereas yours only has 2 touching points, which makes it weak.
But I agree that it's going down, in my case as a continuation pattern.

>>11139539
>which makes it weak.
drawing or trend is weak?

how to find target in descending triangle? previous supports?

>>11139527
>>11139535

>>11139572
See >>11139346

Target Range = Base Range

>>11139616
Ty anon

>crypto is going to zero

>>11139616
wouldn't that make the target range all the way down to zero?

>>11139644
fuck i mean 1k

>>11139644
that's the TA theory then there is the practice that doesn't turn out as perfect as the theory, plus supply/demand > TA

>>11139535
early 2016.
I'm not millionaire yet but I'm probably much better than avg /biz/ autist.

>>11139539
I still can't get over how well Aug and Sep have hit the upper resistance and then dropped.

>>11139527
>>11139677
Where is the bottom?

>>11139826
this is it can't you see we keep hitting it straight on

>>11139826
5800 was the bottom, we are still in bottom(ish) range, for accumulation.

>>11140429
This. It will never go below that ever again and will probably never go below $6k. BTC is hitting higher lows.

>>11139754
TA on macrotrends is not a meme, since the players act acc the TA lines since they expect others to act acc to TA lines. Self fullfiling prophecy.

>>11139499

Fuck, me too man. Are we idiots?

lol idiot bears still think its going down after it hit 6100 and bounced right back up to 6400. its pretty fucking obvious around 6000-6100 is the bottom for bitcoin

>>11139539
it indeed is a continuation pattern

Not with shorts this high

>>11142391
>>11141482
>>11140429
It's for this exact reason that it's not the bottom.

>be me 14 years old 5 years ago
>tfw I told dad to get into it
>tfw he didn't listen although hes the exact kind of guy to distrust governments

Reeeeeeeee

>>11139439
why not 5k?

>>11142827
Its for this exact reason (your post) that it is the bottom

While it could be read as a descending triangle, sorta, I think it's actually forming a falling wedge, which is bullish. This doesn't mean it WILL go up, but it means there's about a 70% chance to go up, if it's really a falling wedge.

http://thepatternsite.com/fallwedge.html

>>11143620
>be me 5 years ago
>tfw i told mom to buy amd at $2.30
>tfw she didn't listen and listened to her friends for stock advice instead
I know the feeling anon

>>11144346
Rip brother

>>11142400
beautiful bullflag. 10k eoy.

>>11139439
heh isnt this like a quadruple bottom. we going up dude not down

screen cap this

>>11139439
are you sure about this bobo?

>>11145200
haha check out my id

TYY B C A GO

thank you bitcoin is a go boys

that shorting at ~5800-6300kish areas worked out very well every time the last 7 times

>why not keep doing it?

>>11139677
If you're here since early 2016 and don't have at least $10 mil, much less $1 mil, you're a fucking failure. Don't ever give advice again.

>>11145242
Took me a couple seconds to figure out that wojak fucking ded

>>11139439
base range, target range

>buying at 4k

bobo.. please.. you missing out on 12k. buy at -8000 pls

>>11139439
bitcoin cash should jump over ripple and eth and cause a head to head with btc.

>>11142391
Except whent it isnt.

>>11141588
I know it's not, but I was only expecting one or two points of contact. September just rides right along it

>>11145302
He already sold and shorted. He will have nothing left when btc goes to 8k.