/biz/ - Business & Finance

>>13265062
so that has war dump in late Nov was all organic market behaviour then

If you haven't sold this obvious bull trap then you're a retard

>>13265062
Has this guy ever been right?
Tradingview guru's just have followers because they post often, not because they are right.

>>13265078

Not really. He was right on some of the dumps last year but was usually way too late or early

>>13265210
He was calling for the dump to $3200 the whole time. It didn't happen until a month later but he was ultimately correct.

>>13265069
you are going to fomo @ 6k

>>13265257
you'll cry at 2k bulltard

>>13265062
A nobody that was wrong many times speaks.

>>13265069
Getting the direction right is half the battle, like >>13265210 said it's pointless to know we are going down if you pull the trigger too early.
Liquidation doesn't forgive timing your entry.

>technical analysis

>>13265062

>giving a fuck about the opinion of a chart artist on tradingview

>>13265062
but that chart says 5600 before the drop

>>13265062
Remember when he posted every day for weeks about a "giant inverse head and shoulders" that would spark the next bullrun? pepperidge farms remembers.

>>13265414
yeah but thats not why it went up. that formation was never validated. someone fomo'd 100 mm into btc. unless he has reloaded, idk man. how can i buy this clown shit. its funny given how much resistance to 4200 there was. if magic is right, we should at least see a drop back down the neckline of the h&s, i hope at least.

>>13265683
the formation literally filled out perfectly... then it fucking DUMPED hard. when will you, and all the retards on tradingview, realize that TA does not apply in an unregulated and heavily manipulated market!?

Only non-biased person on tradingview that has a solid trading plan and does not engage in sensationalistic bullshit is Dimitri Lavrov. Whenever someone, as this guy does, claims to be 100% sure where everything is going, you can be 100% sure they are full of shit.

>>13265721
anyone who has spent more than 6 months here knows this. but (((they))) also know the lcd value TA. blah blah liquidity pools blah blah profit... unless your sophisticated, on long enough time scales, it can serve as a touchstone to organize your thinking. any plan, no matter how shitty, is better than no plan; wo a plan your just cannon fodder. anyways what you say isnt exactly true, anyone trading that big ass triangle last year would've made a tidy sum esp with leverage.

>>13265062
magic poop faggots TA is based on nothing - a bunch of random moving averages plus a lone fibonacci level (why?). "overhead resistance" is only resistance until its not.

ill see you at 20k

>>13265062
I was thinking about this earlier today, but in a different way:

The drop from 6K to 4K never looked natural to me, what if the current jump to 5K is just an extended inverse bart? If the drop to 4K didn't happen in December and the bear market kept going and dropping the price slowly like it was already doing, we would be at around the lower 5K range right now.

>>13266214
i know nothing. but from what i've read, barts are a function of liquidity pools forming above/below a price. in the context of stop loss hunting, rekt long/short positions, and chart painting barts are a natural outcome. taken from magic, "lack of support below 6k, resulted in a rapid fall to 3k. conversely a rise from say 4200 to 5k could happen without much resistance."

>cryptomaniac101

>>13266284
barts are because the market is basically overleveraged

>>13266857
meaning between the two markets, crypto and the real one, small moves in crypto make big waves for leveraged players i nthe real markets? or just the mere fact that leverage in crypto >> available leverage options in normal markets?

>>13265907

During the first two quarters of 2018, Dimitri kept calling for BTC to go past $20,000. He was wrong every time. He kept trying to catch a falling knife, and got his ass handed to him over and over. Don't trust him.

>>13267187
Any of the less popular guys worth following?

>>13267612
https://www.tradingview.com/chart/BTCUSD/6SIl2X3f-The-Holy-Grail-of-Trading-Advanced-Volatility-Theory/
Dad Shark has a unique kind of analysis I’m into

I stopped reading this guys predictions after he commited a major mistake on LTC chart. I even told him he was totally wrong. Pic related

>>13267884
The dude just ignored reason, and went as if nothing happened, which got me thinking if he did that on purpose.

>>13267612
Pentar Udi

imagine unironically following this drooling retard

>>13268025
>Arnold Schwarzenigger