/biz/ - Business & Finance

>>54089586
Kike fucking Kike fuckers

>>54089586
Scam wick city.

>>54089586
textbook bear trap at the foothills of a bull market. Funny how many TA retards here fell for it.

>>54089586
LMBTQIKFGRD banking pattern.

>>54089586
get barted

>>54089685
Can't wait for that RSI retard to justify this

>>54089586
the ballsack of doom

>>54089586
The "TA totally predicted this, see I redrew the memelines and reposted to Tradingview idea"

>>54089586
Your last chance to buy under 20k

>>54089586
>always do my dcaing on monday
>see this
dca chads help me
do you still dca when there's a big fat green dildo or no?

>>54089751
Same. Weekly was still at the top when started.

>>54089586
"Okay the idiots sold, let's get back in" pump

>>54089586
I feel kinda dumb for putting most of my shit in ETH instead of BTC during the bottom, though ETH is still doing pretty good right now

>>54089826
Isn't the point of dca to not give a shit about chart?

>>54089586
A Bart followed by a Nega Bart followed by a teenage Bart

>>54089586
The /biz/ special, aka it pumps when /biz/ announce the appocalypse and it dumps when /biz/ announce an imminentent bullrun.

>>54089903
yea but it's not every day you see btc up 20%

>>54089586
https://www.youtube.com/watch?v=dq8YcRi7DD4

>>54089838
>>54089751
daily stochastic RSI signaled btc was heavily oversold, so it justifies this pump t. im not the rsi guy

>>54089586
5 wave up (1) 3 waves down (2)

wave (3) up extremely likely. (likely)

>>54089586
Bear trap deviation into distribution pump. We'll get a bull trap break of 25k and then it'll distribute between 19-25k again

>>54090096

I don't understand what this means... more pump and how much more compared to today?

>>54089883
>he thinks we've already bottomed

>>54090179
Elliott wave you retarded ngmi faggot

>>54089586
You see what happened is I put my green draw 2 on top of your red draw 2 now you draw 4. Sry house rules.

>>54090179
when you find ben you'll know you're welcome

Serious question: there's no way we're going full bull with RSI still that high on the weekly? I'm in profit but I don't trust this pump.

>>54089586
Ultimate bull trap supreme

>>54090226
https://www.youtube.com/watch?v=KcY3UF6_IaM

>>54089586
Overdue

>>54089586
it's called the liquidate the longs before we go to new highs

>>54090286
If you're in profit sell. CPI is tomorrow and a spike candle like this always retests lower

actually more like the liquidate the longs then liquidate the shorts.

>>54090286
We're at key resistances, the 200WMA and the 50MMA. We either break through or not, but anyone buying here and now is retarded because its a 50/50 gamble. This could just be a scamwick to liquidate Friday's doomshorters, which I think it is.

>>54090304
Baby tier TA. Other indicators respond to price change. Why don't people understand this. The indicators don't decide the price direction, you god damn muppets.

It's amazing the veil that lifts when you see and learn to count a chart.

>>54089586
5 wave impulse btw

>>54089751
When one RSI fails, you merely use another time scale to justify the failure.
>>54090093
This guy gets it

>>54090450
>The indicators don't decide the price direction
they inform investors across all time frames and triggers get pulled when they look good. lower time frames get suicided when higher time frames look good and they catch younger guys that way

“The ol’ Fed reach around”

>>54089586
it's clearly consolidating

>>54090603
they're secondary indicators only useful if you know how to use them. Trading just secondary indicators like this and mac is demonstration you have no idea wtf you're doing. EG: Useful for counting and identifying waves. Wave 3 the strongest waves have gaps and a stronger RSI move than wave 5. It's really the only good information it gives. Other applications are unreliable. Trading it solely any time scale is unwise without knowing where you are in the chart. Only clueless retail traders trade "when the rsi look good" The RSI being low a lone means absolutely nothing. Nothing at all. Price can still go down any reason, and RSI keep falling or get pegged to 0 and keep falling. So those traders are dumb af thinking price gonna do something because RSI is "this" and no other info.

>>54090196
Unless we get another black swan like covid, yes we have. First time?

>>54089586

>>54089586
N

>>54089586
>The we are no longer in shemitah so while retarded goyims sell thinking our system will collapse we just buy it all.

>>54089974
Holy fuck you're right

>>54090956
statistic professors say elliot wave is useless. you're better of doing zigzag that approximates elliot wave

>>54090304
What indicators do you use anon?

>>54089586
whale splash

>>54092286
https://www.youtube.com/watch?v=ovJcsL7vyrk

>>54089586
the we're back

It's literally just a shakeout of people with weak hands. I'm excited, now we're just going to have a year of crabbing with almost literally no movement and then boom, back to the moon mission.

$250k BTC EONY.

>>54089586
V-bucks collapse

>>54092087
stay poor

>>54092730
fibs are good

>>54092730
post yacht

>>54089586
the
>going to 12k capo HAS to be right i bet my life savings on it
pattern

>>54089586
OOOOOOOOOOOOOOOOOOOOOOHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHH WATCH OUT WATCH OUT

>>54092950
Fib is beautiful. Everywhere and so known about. It's a tool. Like a hammer, no better than the carpenter building.

>>54093096
fortunes and spent throwing elliot wave traders off the scent which is why statistics professors say they dont work

>>54093164
*are
>>54093151
https://www.youtube.com/watch?v=nQR1NY03zIA

>>54089586
"algorithms wrecking retail"

i bought 30 btc @ 19765 and fomo’d out at 21800
made almost $55k after fees

>>54093278
why not scale out?

>>54089883
6k is the bottom retard.

>>54089586
The /pol/ announced a happening pattern.
It will crash badly tomorrow after the last Zoomer realized the happening is postponed for two weeks

>>54089586
The Road from Tel Aviv to Jerusalem and back

>>54093316
the type of setup i took usually stops hard at what is 21575 (an 886 retrace relative to another level in the pattern) so watching the activity and manually closing at 21800 was exceeding my expectations for a winning trade anyways. sometimes id rather just take it all off the table. youre right tho, being able to monitor what is happening and scale in or out is a good skill.

>>54093164
>everything published for the goys is true
Gee why is it the best trading method I've found? You buy a wave 2, if it's not, you sell, if it is, you sell, reward much higher than stop loss below wave 1.

True in the stock market the waves are very distorted, but it's still possible for the high IQ to read because the waves are still there, the rules are more bent and more 3 way moves, clown market.

The waves are us. The waves are always there. Waves like fib, everywhere. No waves, kek, no chart!

>>54093278
Are you a retard yoloing or are you a whale? I literally cannot tell.

>>54093026
Cars, not boats ;)

>>54093487
i dont yolo
and you can buy 30 btc on 10x leverage with only $60k margin at that price . you wouldnt get it i dont think, barely anyone on this board even understands the basic concepts of good trade management and leverage.

>>54089586
MMT at work

>>54089586
let's dance

>>54089586
Fear of banking collapse followed by the realization that the government would rather choose hyperinflation. BRRRRRRRRRRRRRRR

>>54089586
The Tether Exit Pump.