/biz/ - Business & Finance

>>16956165
fortune favours the bold

Yeah better stay with Federal reserve's USD currency, 0 problems with that one, scarcity, decentralization, 0 abuse, 0 manipulation and a bright future in front of it.

"Safe is a question of time".

what were looking at is a bull trap inside a bear trap inside of another bear trap inside a bull trap inside an even bigger bull trap inside the biggest bull trap (all of crypto)

I'll get all my money on the card tomorrow, then wait and see what /biz/ does...

>>16956165
https://m.youtube.com/watch?v=82e9ItjxS5U

>>16956165
ALL IN SPY

>>16956165
We just had a 12 hour golden cross on BTCUSD.
The last time we had a 12 hour golden cross, BTCUSD was around 3800 on March 1, 2019.

>>16957145
What does that mean?

>>16957157
If OP is larping then it means we're officially in a bull run and this is a bear trap

All in on xrp

Trump gets impeached and bernie will crash the economy

>>16957145
based

>>16957145
Also, the 960 SMA is kinda magical. To the TA folks out there, try looking at the 960 SMA on multiple timeframes. I'm shocked at some of the supports and resistances it finds.

>>16957157
A golden cross is when the 50 SMA (Simple Moving Average) crosses up against the 200 SMA. I've found golden crosses and death crosses on the 12 hour chart to be fairly reliable in the last year for bitcoin.

https://www.investopedia.com/terms/g/goldencross.asp

>>16957188
>>16957145
interesting anon, when do you think we'll bounce?
IMO 8200 earliest

Wait for 7.5k at least. Might go as far down as 7k. Then it will soon never be below 10k again.

>>16957203
If you want a date to make it easier for you to wait, don't buy before February 5th, maybe 15th.

>>16957200
>when do you think we'll bounce?
I wish I fucking knew, but I see a couple of good candidates for support.

* On the 12h chart, the 200 EMA is at 8087 and the 200 SMA is at 7969, so those are two pretty strong supports, but it may not get that low.
* You could draw a horizontal level at around the 8200 area too.
* If you're a Bollinger Band fan (or if you like the 20 SMA), it's at 8316 and climbing.

There's tons of support right underneath us. I'm only looking for long setups now. With that said, I'm keeping an eye on the 1d 200 SMA, because that could be a strong resistance, but it feels like we can break it without too much trouble this time around.

>>16957203
>>16957214
>t.

>>16957145
For the Ichimoku traders, I'm sure you've noticed that both the 12h and 1d charts have done a cloud break, and the cloud has twisted green. The rocket is getting ready to launch.

>>16956165
then dont?

>>16957275
I need to do something.
I am running out of time.

With Cardano mainnet coming up next month, it's going to be the second easiest 2x-5x this year (BSV is a scam but hey, it made a lot of people money). Once the team integrates on-chain conversion to BTC and LTC and ETH, the market is gonna pamp hahd kid

>>16957288
I wish I shorted ADABTC when I had the chance. Now it's flatlined at slightly above 500 satoshis. To be fair, it's above its 1d 200 SMA, so it could pump, but can it sustain? I have my doubts.

>>16957288
It looks like it's going to have a golden cross on the 1d chart soon. Also, in a few days or weeks, the moving averages should be aligned such that 50 SMA > 100 SMA > 200 SMA. You should get a little bull run when that happens, but will it sustain? If the Cardano team could release a string of good news that alludes to something nice happening 2 months from now, that might be ADABTC's best hope for bullish price action.

>>16956165
you're safe for the next 6 months. After that, who the fuck knows.

>>16957770
s- singularity?

>>16957787
only the the link race get to go heaven

>>16957250
thanks anonkun, any way to stay in touch with you?
steam maybe?

>>16956165
now is the time else buy at $9k, faggot.

>>16956165
We are going to dump further, do not buy in yet

>>16957250
Based. I mostly follow Bollinger bands. Glad to see an actual good post. Ty anon

>>16957818
I'm not a great trader, but you can send me a message on TradingView.
https://www.tradingview.com/u/perception88/

>>16957909
The mid bband (aka the 20 SMA) on the 1d chart is being tested right now by those filthy bobos. If this support holds, the 1d chart will also have hidden bullish divergence. We'll see if we're fortunate enough to get it. It's not clear yet if we can reverse from here.

>>16957994
i see it trying to fight back right now. i may throw in a long if it keeps holding for a bit. a safe one, 5x is all i can do on the exchange i use.

i followed you on tradingview also, nice cat lol

>>16957250
I get liquidated at 6800. Am I fucked?

>>16958056
not at all fren if you read the messages above. nearly everyone thinks we are going to shoot up soon.

>>16958056
I'd be shocked if we got down that low. We just broke past so many resistances on the way to 9000. Those broken resistances should turn into support as we pull back right now.

>>16958048
>nice cat lol
\o

>>16958101
my stop loss triggered over night. i didnt lose much (5x leverage). just threw in. i am seeing some serious resistance above. im not sure how much we will gain but liquidation is sub 7k for me. id never let it go that far first tho, stop loss exists for reasons.

>>16957831
how far sir

>>16958101
post cat pls

>>16958179

>>16958193
i get all of my advice from Kitler

>>16957145
>>16957188
>>16957250
based

>>16957011
what a fucktard lol

>>16957250
>>16957909
https://twitter.com/bbands/status/1220377725384282113

> This is a 'logical place' for $btcusd to find support, a pullback to a breakout level and the middle BB.

>>16958854
It's getting tested again right now as price pulls back off of the initial bounce. Let's see if it holds.

>>16958090
>the market performs as everyone expects it to

depressing. crabing all the time. really makes me think the bull wont show up even though every reason for it to begin to at least show a bit. even the tip bby

>>16958854
pfffhahahahaahahahahah

>>16958854
>>16959368
Yeah, it doesn't look like it's going to hold. It was a bit aggressive to use as a support. It did get a little reaction though. Buyers were definitely waiting there, but not enough.

Even John Bollinger can be wrong, but that's why you manage risk.

>>16956165
Buy when everyone is afraid, be afraid when everyone is greedy.

make your choice anon

#xrp