/biz/ - Business & Finance

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Anonymous Thu Mar 26 14:55:08 2020 No.18106456 [Reply] [Original]

Huge dented symmetrical triangle formed on BTC. "Dents" or gals in symmetrical triangles and flags commonly occur when moving average lines are directly above or below.

>>	Anonymous Thu Mar 26 14:58:50 2020 No.18106538 Thanks. Do you believe in horoscopes as well?

>>	Anonymous Thu Mar 26 14:59:44 2020 No.18106561 oh yes venus is shifting

>>	Anonymous Thu Mar 26 15:02:28 2020 No.18106619 >>18106456 Nice meme sticks.

>>	Anonymous Thu Mar 26 15:04:46 2020 No.18106656 >>18106456 >ta on 15m cancles never gonna make it

>>	Anonymous Thu Mar 26 15:04:54 2020 No.18106661 File: 298 KB, 1118x1707, Screenshot_20200326-150427_TradingView.jpg [View same] [iqdb] [saucenao] [google] Zoom out

>>	Anonymous Thu Mar 26 15:06:32 2020 No.18106689 >>18106656 5 tells you which way the 15 is gonna break, 15 tells you which way the 1 hour is gonna break.. etc. Learn to not be dumb.

>>	Anonymous Thu Mar 26 15:07:09 2020 No.18106700 So should I sell or should I buy?

>>	Anonymous Thu Mar 26 15:10:34 2020 No.18106778 >>18106700 Buy if you want to make money, sell if you don't

>>	Anonymous Thu Mar 26 15:15:39 2020 No.18106890 >>18106689 stop trading doofus

>>	Anonymous Thu Mar 26 15:16:17 2020 No.18106911 >>18106890 Sorry, I like money retard.

>>	Anonymous Thu Mar 26 15:17:29 2020 No.18106940 File: 45 KB, 500x560, C47ADFBD-9FC6-4307-9FEF-032F14AA07FA.jpg [View same] [iqdb] [saucenao] [google]

>>	Anonymous Thu Mar 26 15:19:35 2020 No.18106986 >>18106940 TA can be more compared to psychology (a soft science) than astrology. Moving averages are past averages of supports/resistances, breaking through those or being rejected makes people nervous

>>	Anonymous Thu Mar 26 15:20:27 2020 No.18107003 >>18106986 >>>/r/eddit

>>	Anonymous Thu Mar 26 15:21:28 2020 No.18107024 File: 115 KB, 1000x1000, 1528484858791.png [View same] [iqdb] [saucenao] [google] >>18107003 Kek, are you a permanent, or just a retard?

>>	Anonymous Thu Mar 26 15:22:41 2020 No.18107052 >>18107024 *perma bear

>>	Anonymous Thu Mar 26 15:41:41 2020 No.18107515 What does this mean? Likely break down? I'm mostly bearish because of the huge increase in longs without much price increase

Anonymous Thu Mar 26 15:46:00 2020 No.18107628

>>18107515
Symmetrical triangle consolidations typically break upward. The dent is respecting the sma 99, it's going to consolidate smaller candles next 2 or 3 I think.

It's largely up to whales in crypto though. Consolidations of all kinds flags, pennants, triangles are largely just signals to whales that the market has found a price theyre comfortable with, and they can use it a support if they want to buy a large amount.

Anonymous Thu Mar 26 15:53:53 2020 No.18107860

>>18107628
Of course if a whale currently has all liquidity in BTC, and isn't confident based on market sentiment that other whales will use the consolidated price as a support and buy a lot (making price rise) they could dump, triggering others to panic dump etc.

A lot of whales on Twitter still are eyeing 3k, which is why I think a lot still have a ton of liquidity in tether, and this is going to be a buy rally, not a sell off.

Even among whales 80/20 rules persists.

>>	Anonymous Thu Mar 26 16:14:58 2020 No.18108440 File: 221 KB, 568x479, greenwojak.jpg [View same] [iqdb] [saucenao] [google] And Wallah

>>	Anonymous Thu Mar 26 16:19:29 2020 No.18108544 >>18108440 oh my god this trigger me so hard. Fucking retard, it's "Voilà" and not "wallah" as fucking mudskin people say all the time.

>>	Anonymous Thu Mar 26 16:24:22 2020 No.18108665 File: 15 KB, 238x212, wallah akhi.jpg [View same] [iqdb] [saucenao] [google] >>18108544 والله يا أخي

>>	Anonymous Thu Mar 26 16:52:16 2020 No.18109308 >>18106538 I warned you

>>	Anonymous Thu Mar 26 16:57:39 2020 No.18109398 File: 81 KB, 378x357, 1584318447364.png [View same] [iqdb] [saucenao] [google] >>18106456 Are you trying to fool kids? Their lunch money isn't enough to alleviate your bags.

>>	Anonymous Thu Mar 26 17:02:36 2020 No.18109500 File: 23 KB, 653x566, TA retards.png [View same] [iqdb] [saucenao] [google] >>18106456

>>	Anonymous Thu Mar 26 17:03:38 2020 No.18109527 File: 42 KB, 640x633, 1582412930425.jpg [View same] [iqdb] [saucenao] [google] >>18109398 >>18109500 How close are you two to being liquidated, be honest

>>	Anonymous Thu Mar 26 17:04:52 2020 No.18109543 Finna be a reverse bart formation

>>	Anonymous Thu Mar 26 17:06:58 2020 No.18109589 File: 63 KB, 612x612, 11189679_872655492793907_996927611_n.jpg [View same] [iqdb] [saucenao] [google] >>18108440 >>18108544 >>18108665 Squadala! We're off!

>>	Anonymous Thu Mar 26 17:08:17 2020 No.18109618 >>18106456 >tfw my broker has insane spreads on the BTCUSD pair sad because its the easyest pair to trade

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