[ 3 / biz / cgl / ck / diy / fa / ic / jp / lit / sci / vr / vt ] [ index / top / reports ] [ become a patron ] [ status ]
2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance


View post   

File: 127 KB, 1816x817, ethbtc.jpg [View same] [iqdb] [saucenao] [google]
15629190 No.15629190 [Reply] [Original]

Downtrend starting from all the way in June 2017 has finally broken.

>> No.15629200
File: 126 KB, 1816x822, ethbtccoinbase.jpg [View same] [iqdb] [saucenao] [google]
15629200

Coinbase view confirming

>> No.15629213

>>15629190
>just redraw the line dude

>> No.15629217

>>15629190
I remember you from last week. You were right, this has become a convincing breakthrough. Target?

>> No.15629227
File: 239 KB, 750x658, C4BCDFF3-9123-460C-81C4-B01512FD40CF.jpg [View same] [iqdb] [saucenao] [google]
15629227

>>15629190
It broke here too and look what happend

>> No.15629234

>>15629227
then they redrew the line lol

>> No.15629267

>>15629217
With such a long trend broken, it will correct at least half way up again. No end target possible to give, price discovery periods are often chaotic.
Bakkt launch and ETH phase 0 deposit contract ceremony are going to be early events to look out for.

>> No.15629308

>>15629267
>thinking ETH will ever reach 1k again

>> No.15629317

>>15629308
The ratio can go up with ETHUSD price stalling.

>> No.15629326

>>15629317
If BTC drops ETH will drop as well

>> No.15629333

>>15629326
ETH is right now showing it can move without BTC

>> No.15629341

>>15629333
that's because BTC stalled for Bakkt speculation
After that it won't be so good for alts

>> No.15629349

>>15629341
Bakkt was supposed to be bullish, not stall the price

>> No.15629355

>>15629341
>BTC stalled for Bakkt speculation
nice analysis you got there

>> No.15629385
File: 228 KB, 1816x817, eth.jpg [View same] [iqdb] [saucenao] [google]
15629385

Sorry to tell you, but if investing were a line fitting mathematical job, it would be a 10 $/h job done by high school graduates.

Please understand that to cut your losses, you must admit to yourself that you are making guesses and observations and taking huge risks, not forecasting anything.

>> No.15629395

>>15629385
your lines have nothing to do with TA
no wonder everyone in here thinks TA doesnt work

>> No.15629408
File: 87 KB, 1474x881, >linear charts.png [View same] [iqdb] [saucenao] [google]
15629408

Not even close.

>> No.15629414
File: 448 KB, 1868x952, Untitled.png [View same] [iqdb] [saucenao] [google]
15629414

oh look, more lines that never panned out

>> No.15629444

>>15629408
log chart is showing us in a good Wyckoff accumulation pattern since beginning of this year

>>15629414
again, some normie tier "TA", stay salty

>> No.15629454

Am off now, until next week, coming to see some even more saltier anons then.

>> No.15629459

>>15629454
Hope I will catch you. Think about that target in the meantime.

>> No.15629472

>>15629227
>look what happend
it mooned? Yeah, that's the point.

>> No.15629488

>>15629454
more likely euphoria bulls get fucked

>> No.15629631

>>15629395
this.
TA is not a science, it is an art, most people here just drew lines on the chart without any respect to image composition..

>> No.15629666

NOOOO I SOLD ONE WEEK AGO AFTER BAG HOLDING FOR MONTHS

>> No.15629684
File: 17 KB, 200x200, 1555067789935.jpg [View same] [iqdb] [saucenao] [google]
15629684

>>15629385

First 2 of 3 lines downtrend WAS inally broken and it spiked 80% up you mongo lol

>> No.15629723

>>15629472
This lmao
>you see it only went up a few hundred percent and then dropped again, so don't bother

>> No.15629921

>>15629190
Had the same TA

>> No.15630016
File: 227 KB, 500x743, the-superlative-laugh-or-highest-degree-of-laughter-55591984.png [View same] [iqdb] [saucenao] [google]
15630016

>>15629921
>TA

>> No.15630934

>>15629190
about time, let's hope you're not wrong about this time like the last 50. ETH was almost at $150, it can't keep dropping right?

>> No.15630948

>>15629213

this

>> No.15630975

>>15629341
LTC will do well

>> No.15630983

>>15629317
not usually
>>15629333
shut up, we don't live off of 1 day of charts
Why would ETH holders fud BTC when they need BTC for gains because vitalik printed too many ethers to hit BTC's price