/biz/ - Business & Finance

>>30073603
Well he drew lines on a chart. Can't really argue with that logic!

You wish. If you think 50k being rejected today along with the GS trading desk isn't extremely bearish, you're going to be very surprised come next week. It will reach a new ATH this year, but it's going to the 35k area first

>>30073603
>uses elliot waves
>thinks he knows ta

Elliot wave your money good bye faggot.

Literally, ZERO professional use Elliot wave, this is just some bullshit that you crypto fags latched onto. The market works off support and resistance trendlines usually based on fibs and moving averages that are set by algos and market making bots.

>>30073603
funny how every bullfag expects us to be moments from a massive reversal that will save the bullrun kek

>>30074629
Damn sick burn

>>30074629
Ouch!

ta expert here. btc will not be breaking above 58k this week or the next, and maybe not even for some time after that. maybe even never.

look at the monthlies and weeklies. it's done.

>>30073603
Not as impressive as my 50k call but we'll see if you're right

>>30073603
no TA of any kind for any kind of security can predict something like this.

>>30073603
fake, im a TA expert and I don't know this guy

>>30073603
agreed. btc is invincible at this point, strongest currency on the planet. $65k end of week, $100k end of month, $1 million end of year

>>30074211
Rejected actually means that resistance/support is broken, not the opposite, look it up
People always use that wrong

>>30075120
When it breaks 50k and establishes a new floor, there will be extreme amounts of buying pressure to push it above the 58k mark. The same thing happened when it retested 20k at the begining of this run.
>>30075144
I think we've met before?

>>30074729

It’s funny how every bearfag is calling for wild crashes when the timetable from
BEFORE institutional buy in and the economic collapse of the entire world doesn’t even fit a wild crash

You’re delusional fucking faggots too enjoy being liquidated when JPM converts 880 billion in silver to crypto you fucking cuck

>>30073603
either it goes to 35k here, or it goes 52k then down to 35k

TA retard here, am i getting the gist of it, support/resistance in red, pink/purple were the flag/triangle thing forming and it broke downward? anything else

>>30073603
I believe you. I’m an empath and the vibes emitting from this post are excellent!
WAGMI bestie!

>>30075316
whos guying to buy 880billlion of silver from them?

>>30075422

All the retards in PMG

>>30073603
Nice chart.

>>30075358
yes, the support trendline in purple was broken, meaning the algo/mm bots are selling.

>>30073603
>> ta expert
Not seeing the book h&s
You have to go back

>>30075616
h&s is pretty unreliable on short timeframes desu

>>30075570
although it broke the purple it didnt move that much overall and hasnt broken the red yet, im assuming until it breaks the red theres still potential for reversal?

ADA/USDT 1hour just incase anyones interested

>>30075723
Time will tell im opening some degenrate shorts lets see your longs if you are that confy

>>30075616
market has already priced it in

>>30074211
Checked and /thread

>>30073603
This is some really good FUD

>>30075993
Arigato gozaimasu!

>>30075316
>this time is different!

Fuckign newfag, "the institutional money" meme also was popular back in 2017

>>30073603
I would add a little bit more of blue, but that's just my tastes.

yep

>>30076211
Your ass on toast playboi

>>30075358
You charted this accurately. I literally sold as it broke below your bottom support line (but shitcoins, not BTC) Right this very moment it is breakout out of the short term downtrend from this afternoon.

>>30073603
You don't need TA. The fact that 50K was denied several times already says it all. We'll touch that again but next time it'll sink real fast since everyone is running low on hopium already.

>>30078543
The short term downtrend breakout did not hold, back below trendline...