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2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance


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50430189 No.50430189 [Reply] [Original]

Did you fall for the fakeout?

>> No.50430236

>>50430189
It's a bear trap nigger

>> No.50430252

>>50430189
its not over bitch

>> No.50430255

>>50430236
It's a bull trap faggot

>> No.50430299

>>50430255
source? theory? reasoning?

>> No.50430311
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50430311

>>50430236
>>50430255
Well which is it anons? I only come to biz for the best advice and this isnt helping

>> No.50430406

>>50430299
>>50430311
There is a 45 degree descending trend line on the BTC daily, we broke through it this time on a green day. However, we didn't reach the 50 ema at 23400 before moving downwards, so I think bull trap

>> No.50430571

>>50430406
yes I see that, definitely looks bearish. On the 4h we had a breakout that seems to be re-testing also.

>> No.50430646

>>50430571
Watch for the retest and see how the stock market moves tomorrow. If they have a red day tomorrow, I would expect BTC to drop below the current range we're in

>> No.50430718

>>50430646
yeah I agree, best to wait for tomorrow. We also bounced off the 200wma. thats the second time we hit it in the last 10 days or so, not bullish for sure

>> No.50430904
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50430904

>>50430311
don't be a retard. up or down just DCA. bull trap or not DCA you faggot.

>> No.50431494

>>50430904
DCA is literally the dumbest investment strategy. Smart investors only buy when the price is down.

>> No.50431525

>>50430406
also bearish div on 4h, also mac d about to death cross again, also bearish div on eth 4h. this shit is a fake pump.