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/biz/ - Business & Finance

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50655747 No.50655747 [Reply] [Original]

OMFG I HATE THIS.

I CANT TELL WHETHER TO SHORT, LONG, OR BUY


IM JUST ON THE SIDELINES. AAHHHHHHHHH

>> No.50655780
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50655780

>>50655747
Have you tried zooming out?

>> No.50655804

>>50655780
Explain this in a manner only a retard on biz can understand.
Such as myself

>> No.50655838

>>50655804
It means the bottom is still far away time-wise and pretty far away number wise. It will be somewhere between 3k and 13k, impossible to know for sure where, but not higher than 13k or lower than 3k -- maybe 8k-10k.

>> No.50655884
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50655884

>>50655747
I would honestly wait now. BTC has broken an upward trendline, which is usually when I GTFO. If it bounces soon(unlikely) we're going to test higher. But the RSI indicates we may be fully exhausted for now

>> No.50655911

>>50655747
I legit wanna kill myself

I lost like 60% of my net worth I have been working for the past 5 years.

Fuck crypto, I should just have invested in SP500

>> No.50655947
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50655947

>>50655911

>> No.50655972

>>50655747
just wait for sub 18k, it's coming.

>> No.50655985
File: 36 KB, 218x232, 1658842845778996.png [View same] [iqdb] [saucenao] [google]
50655985

>>50655838
>Bitcoin will crash 95% just because
>NOO 75% down CANT be the bottom

>> No.50656115
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50656115

>>50655985
>implying having intelligence and knowing history means you're a leftist
That's retarded.

>> No.50656138

>>50655747
I am also on the sidelines, this has SBF jewish tricks written all over it

>> No.50656148

>>50655911
Hello, me.

>> No.50656171

>>50655747
If LINK is over $8, short BTC. It’s literally that easy.

>> No.50656175
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50656175

>>50655838

>> No.50656223
File: 95 KB, 792x469, whirlygoo.png [View same] [iqdb] [saucenao] [google]
50656223

the MACD whirly-boo shows a downtrend a-happen'n soon on a 4hr scale
short 3x for now

>> No.50656226
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50656226

>>50655985
>nooo, it can't go down more than 75%, it just can't because... it just can't okay!? and because i bought at 69k and have hoddeled since!

>> No.50656342

>>50656226
this table with new numbers like from 2019 2020 2021 2022

>> No.50656366
File: 20 KB, 1228x752, 1632044093203.gif [View same] [iqdb] [saucenao] [google]
50656366

>>50656342
Last proper bear market was in 2018.

>> No.50656435
File: 445 KB, 630x615, 1643364677351.png [View same] [iqdb] [saucenao] [google]
50656435

>>50655985
>Bitcoin will not drop to it's bear market average of 80% because... BECAUSE I SAY SO OK???

>> No.50656503

>>50655804
ignore it. i back tested it 100 times. the indicator is garbage. it has a 30% win rate. it combined the stochastics and rsi which are both garbage too so you just get compounded garbage signals on all timeframes.

>> No.50656854
File: 905 KB, 2544x4000, 1650587950235.jpg [View same] [iqdb] [saucenao] [google]
50656854

>>50656503
>failing to understand how to use stoch rsi

>> No.50656914

>>50655780
i salute the creator of this image he is going to fud some many newfags out of buying in, its glorious

>> No.50656999
File: 38 KB, 400x500, 18038500-3537-11ec-a1fc-f37c03fac2bc.jpg [View same] [iqdb] [saucenao] [google]
50656999

>>50656854
>using stoch rsi at all