/biz/ - Business & Finance

Mental Challenge A:

is
> 7.777...
the same as
> 8
or is it the same as
> 7.8
or is it
> neither the same as 8 nor the same as 7.8
?

Mental Challenge B:

is
> 1.111...
the same as
> 2
or is it the same as
> 1.2
or is it
> neither the same as 2 nor the same as 1.2
?

___________________________________________
> (the "..." means the 7s and 1s repeat forever)

>>51330564
*Raises paws*
166 is the resistance so bearish

>>51330748
>*Raises paws*
kys yiffer

>>51330717
Neither and neither

it only works with 9.999 because you can't find a number in between 9.9999 and 10

>>51330564
very bullish

>>51330982
state why

>>51330964
The 9s repeat forever, anon. An eternal nearing towards 10. Hence it never ever reaches 10. Sorry, you have low IQ. A trained monkey.

>>51330564
Looks beary bearish. But I don't know what scale I'm looking at? Is this a 5m chart? a 15m? a weeky? daily? 4h? What?

>>51330564
Yes.

>>51330717
its neither and i dont give a shit if some virgin mathematicians pull some jew tricks out of his ass to convince me its not.

>>51330717
Neither.
>>51330964
NPC detected. What's after 9999? That's right, another 9. And after that, another 9. And so on. Forever.
>>51331406
Accurate.
>>51332532
Based and redpilled.

>>51331406
>>51333883
damn clearly no mathematicians on biz lol. Your answers to the 999... Question is incorrect. I'll let you find out why

>>51330564
Also for op. It is generally accepted among mathematicians that the behaviour of price action is best described as geometric Brownian motion, that is, price action is random and cannot be predicted. Given you determine whether a chart is bullish or bearish based on price action is an indication that you have no background in mathematics, statistics, quantitative analysis, or likely anything to do with finance. You have failed the IQ test with your own post, OP.

Bearish. That MACD is tapering. Asset name?

>>51330564
looks bullish

>>51334009
>>51334356
the duality of /biz/

>>51330748
don't RP ever again on this thread let alone board

Bullish. Literally rope.

>>51335819
>Literally rope.
tf you talkin about fool

>>51330564
neither. a chart doesnt tell whether something is bullish or bearish. reality does

>>51330748
Yiff in Hell furfag

>>51330564
Bullish to around 200
Gigadump to single digits once I buy however
>>51330717
> A
Neither
> B
Neither

>>51330564
There's no way to know 100%. The straightforward assumption would be that it's a nested triple top (or head and shoulders top) and bearish, especially with the most recent rejection candlestick.
But at any time you can get completely BTFO by an unexpected strong second bull leg up.

>>51330564
Weekly higher low oscillators, volume decreasing as price decreasing. Bounce off the 0.236 fibs, signs of seller exhaustion. Macro trend close to reversing what do you think? Zoom the fuck out

There's no earthly way of knowing
Which direction we are going
There's no knowing where we're rowing
Or which way the river's flowing
Is it raining, is it snowing?
Is a hurricane a-blowing? - uh!
Not a speck of light is showing
So the danger must be growing
Are the fires of Hell a-glowing?
Is the grisly reaper mowing?
Yes! The danger must be growing
For the rowers keep on rowing
And they're certainly not showing
Any signs that they are slowing!

>>51331323
Because it bounced strongly off support.

>>51333986
>It is generally accepted among mathematicians that the behaviour of price action is best described as geometric Brownian motion
Stochastic volatility models are much more representative of actual price action. The first trading bot I programmed lost me a lot of money because I made the mistake of assuming sigma was constant. Nevertheless, it's still completely unpredictable in an efficient market. Most of /biz/ cannot into statistics and still believes in magical TA indicators.

>>51330783
>>51334433
>>51336837
he was probably just making a bobo joke...because bobo is a bear?

>>51333986
>It is generally accepted among mathematicians that the behaviour of price action is best described as geometric Brownian motion
False and ngmi.

>>51330564
bullish. Volume action is increasing on the last 3 candles, price struggles to go down from 160.000 to 162.000; that last candle is a wide radio doji, which implies the price will probably crab there since the forces of bulls and bears are basically equals. And lastly, the shadows of the preceding candles to the last are not long enough to make me think that it will be a reversal. BULLISH

the asset is GBPJPY btw

>>51330564
bullish. looks like breakout

No one actually knows because you need to know the future to answer that.

>>51330748
>>51330783

>>51330564
appears to be a bull pennant in breakout area, but just got rejected at most recent resistance... probably going to drop back to 160 range for a retest of the bottom range, but since it was over-extended on its last pump, it might do a small pullback and break through. Volume looks great. Overall a bullish chart with some potential short term pain.

>>51330564
BBLLAAAAAARHGJFPFPFPFPFPDTHRUUUUUUUOPOFJDJJSJAKUHDHAAAAAAAAAAAAAAQWQWQQQQQUUUUUUAKDJEJJAJAJAJJARJARAJRAJRJARJARJAJRAJRJAJRJAJRSNFBDUYEJYEYIIFFFFFTHPTHTHTHTHTRPRPTPPRPRPTPTPTPTPTPTPTPTPTP

bullish af

this has been the worst year for equities in a while
what the fuck do you think happens after that?
it doesn't take 150 iq to figure that out
2023 will be green, we will rally then crash terribly - bullrun starts in 2024

>>51330564
Short term bearish, but will probably bounce off support quickly