/biz/ - Business & Finance

>>5450655
You told me to sell yesterday and now I'm at a severe loss anon.

fuck off nigger

>>5450655
Also on the 1d it's actually underbought.

Should I sell all my BTC? What should I put it into?

>>5450655
dont tell them

>>5450655
We already had a higher low compared to that first giant dip, we're fine for now

>>5450669
As if it didn't dip from 13.5k$ to 11.5k$ when I warned you faggots yesterday.

>>5450693
On 1 day... Do you understand how long that lasts and that it can diverge? Put together all the 1h - 6h timeframes and guess what will happen on 1d timeframe retard.

>>5450655
Insider pump and dumps > StochRSI

>>5450655
What period/length are you using for RSI?

>>5450655
You fucked me over with you bullshit yesterday. Please kill yourself

>>5450756
see >>5450743

>>5450743
You said 8k faggot.

>>5450770
see >>5450803

This is where I warned you faggots yesterday, and guess what happened in next 6 hours? 2k$ dip.

The big difference from yesterday and today is that 1h, 2h, 4h and 6h timeframes were still near at the bottom. I thought the dip will diverge them, but it didn't.

These timeframes are lining up for a big dip now lol, ALL OF THEM, but 24h.

Saying I wasn't correct on my call yesterday is pretty fucking stupid, since it dipped 2k$.

>>5450839
You said it'll go back to 8k. It didn't even reach 10k.
GTFO with your bullshit.

>>5450655

>>5450803
I'm still saying 8k$. It's where it is going.

>>5450752
Market Maker is smart enough to understand big dip is healthy for the ecosystem.

I don't believe he will trap faggots in some weird way like he used to.

>>5450869
What kind of timeframe are you looking this at?

RSI and MACD are pretty bad also you know. There are bigger variables than RSI and MACD too look at right now and you should put them into equation if you aren't already.

op is a nigger

>>5450869

>>5450874
Insider's who work at coinbase dumping > market marker

And there's proof of this, and this info is archived. Right before the big crash to from about 20k to 15k

>>5450755
>>5450869
Notice OP didn't answer my question. He's an idiot scaremonger that want to drive the price down buy on a low.

>>5451014
This, chart shows that it's ready to go up at most in 3 days. It might go down after, but it will definitely go up in the near future.

>>5451020
First time that I've heard of this, please link me.

I liked the bull trap from 10k$ to 14,5k$, that was hilarious to watch. Absolute Mad Man, but you could use meme lines and see it coming.

>>5451053
>''Willy is down it must go up''

>>5450864
16k to 10k
its been on low 14k- 13k the whole day

>>5451111
check'd

Man I miss Willy bot. Truly the comfiest pump

>>5451111
this isn't damage control, and i'm not even totally disagreeing with you. I'd obviously buy if it goes down and I'll make money even if it does.

I'm just not some faggot wojak poster trying to trick people who don't know anything about oscillators. Pathetic.

>>5451161
Okay, what do I seem to miss about oscillators. I'm eager to hear your opinion/argument on why I'm wrong.

>he thinks his TA works on crypto

I'm at loss because of your advice yesterday OP Pajeet

>>5450712
JUST

So today I'm gonna do the complete opposite of your advice and buy more

>>5451200
>he thinks TA in crypto doesn't work, because he can't use it and doesn't want to learn it and see it for himself that it works perfectly, yet disregards and ignores it because he is a stupid retard without evidence throwing anger tantrums left and right

>>5451192
>the market can remain irrational longer than you can remain solvent.

There's a chance you could be right, but crypto has a way of doing the opposite of what it should. Bitcoin is the honey badger after all, you kinda want to just be all in and have a short hedge set-up as a stop limit at the bottom of the channel if it breaks. Other than that just trade on overbought/oversold Fibonacci levels, oscillators really don't mean much

>>5451244
Also have a look at the MACD, it's forming a sexy af cross on the 6h, and the RSI is still in oversold territory. That alone is worth 10x what all the oscillators in the world are saying

>>5451218
it dipped from 13,5k$ to 11,5k$

>OP YOU WERE WRONG IT DIDN'T CRASH TO 8K$ IN 5 HOURS

You know market needs time and can't crash in 5 minutes, right?

>>5451321
Hold my beer

>>5451244
All OP has to show is:

1) The periods of his MACD and RSI

2) Show that when it has reached those levels on the respective oscillators, what direction the market turned thereafter.

But he won't because he's an idiot, or wants to make people on /biz/ here to be idiots.

>>5450899
>asking the timeframe when its already obvious
>your ta basics are bad and you should use this!

what?

certain events today will cause bitcoin to drop. possibly to 11k. I suggest caution.

>>5451341
Woah, BTC might go up for next 12 hours, MIGHT.

Guess what's coming after that?

>>5451321
It retested the downmove, formed a nice lower volume higher low double bottom.

You missed the dip. Suck it up and buy back in, we're probably going to new highs by new year.

>>5451369
>>5451384
dude's a total, insecure, imbecile

>>5451369
>he thinks MACD and RSI are everything you have to know to read predict the market

>>5451376
>woooooooooo T.spooky anon who knows more than any of you

>>5450669
Yeah, he got me as well, I'm too gullible and lost thousands from his advice.

>>5450695
Verge and Ripple

>>5451390
it's actually double top forming in 15k range right now and I think it's more or less 12 hours till we see this unfold

Is there time to get gains off my SALT first?

Never trust the faggots on /biz. They're telling you to massively buy BTC so the price will go up and it will reduce their loss.

>>5451433
If this doesn't look good to you then I'm not sure what to say.

Just sell and regret later, it's cool.

>>5451401
>he still hasn't twigged

no one cares
why? because your a moron who wont help yourself - no one is going to trust you friend. - sorry

>>5451398
I hope he leaves or sorts it out. I suspect he's an attention seeking LARPer for whatever reason. probably has a conspiracy channel. hey maybe he's just a Canadian

>>5451433
Yup, you are right. It's not gonna happen in next hour, but most likely in 12 hours..

But you know, people bashed me yesterday for predicting the dip 30 minutes later than I said it will happen and threw tomatoes at me. And then it happened from 13.5k$ to 11.5k$ and everybody ran away and had nothing to say anymore.

But you know, I'm the bad guy.

>>5451414
He fucked you up, how do you feel right now anon ?

>>5451414
The black line is the current resistance level, so it's a good place to sell because I'm sure it will touch 10k in the next 3 days.


The red lines are stop levels.

>>5451449
I'd say biz can't move prices but it seems that together biz actually has a shitload of money in crypto.

>>5450655
stop being a bitch. if the ship goes down, then go down with it. fucking faggots these days

>>5451466
And even if it doesn't reach 10k, selling around the resistance and buying at $11,855 is still decent depending on how much you have in BTC right now.

I haven't held any BTC for months but the last dip left me really cautious. BTC will surely crash again, it's struggling already. Feels bad knowing how alts will go down with it again.

>>5451466

>>5451547
I have a feeling you are TA Fag, not using your trip code.

>>5451584
You haven't replied to any of my posts.

Your trading appears as conformation bias, things don't happen because you want them to.

Do you even have a stop?

>>5451629
Now he's projecting as well. I don't even know who the fuck TA Fag is.

>>5451456
If this doesn't look good to you then I'm not sure what to say

>>5451681
the irony is unending. someone who doesnt abide to his own standards of others. ive no doubt its a kike shill

>>5451629
You know 99% of /biz/ aren't daytrading BTC small dips and rises?

Most of the /biz/ doesn't even know you can make money if something goes down by shorting it.

You are literary speaking as if /biz/ cares about what happens every 15 minutes or 30 minutes to BTC.

All they have to know is it's going to dip and that's it.

And no, I don't believe resistance levels are that high.

Wait, I was AFK that's why I didn't reply. I'll do my charting and resistance levels.

>>5451681
TA Fag is a guy here who does TA for /biz/tards a lot and hangs around /biz/ here and there. He also has twitter and he made a ironical comment of 'do you know what you are doing' 15 minutes ago or w/e.

Thought he might be it.

sec I'll do chart

>>5451779
>99% of /biz/ doesn't know about shorting
oh come on, at least 80% know of it and probably half have done it at some point. of the people in crypto. give /biz/ some credit. the retarded shills aren't all of us

Seeing the same short term pattern but theres no way this is going under 10k.

>>5451690
>literally every retracement/correction

At least it wasn't muh tulips I'll give you that

>>5451779
>All they have to know is it's going to dip and that's it.
Says who? Some anon with (((oscillators)))?

I would love some cheap coins, but you're going to need more than oscillators if you want to see the downmove happen. Most of my indicators have us ranging around here for a while.
I think there's a good chance we could break the channel and head up though, the market is still overall frothy and bullish. The correction was again no news but just a healthy retracement, bounced from the 38.2% fib.

I don't expect anything major within a couple of days. The bottom of the channel has strong dip buying atm

>>5451779
I unironically think you are a sound of reason here. But what about the market? Somehow, against all sense, BTC keeps going up. It seems to have a pretty good psychological support considering everybody still thinks it's the new hot shit, and tons of people are still lining up to buy. The whales make up most of the price, and they are still holding. Crypto as a whole is still in its infancy. So how do we really know anything, even though BTC has been an obvious bubble for months?

>>5450655

I panic sold my position on RCN the day before yesterday and have now missed out on a 2x because of this cunt. Traded all my alts to tether because he and others were convinced this was a bulll trap and btc would dive. It's a fucking nightmare trying to sort the gems from the shit on this board, think I'll stick to my discord group and their signals, the RCN moon was their call and they absolutely nailed it.

>>5451859
There's a decent number of normies that think that btc will stabilize and then start to go up. Risk seeking ones are starting to buy in on the way down.

I will give you the longest and biggest BTC chart with my explanation of yesterday and today happenings. Give me a hour or a little more and I'll be back.

>>5451879
Yeah, and because of those people existing I can't see a huge crash happening. I think the last crash was all whales though, so a big part depends on what they're up to.

Kinda bummed about cashing out part of my alts yesterday, but at this point it's just impossible to tell whether cashing out now is a mistake or the smart non-greedy play.

>>5451866
yeah man thats the game we play. sold ENG and it mooned. Just sold off qtum for btc so i can get liquid and give the mc cafe pump a call

>>5451866
link discord if ya dont mind, is it btc signals?

i think we're at the upper range of the possible correction channel. i'm expecting it to go up overall while bouncing up and down a couple thousand bucks within the correction channel. the correction channel basically being the trend line of the upwards movement before the december bubble.

so i'm thinkning it could go as low as 10k, but the longer it doesn't, the less likely it will. and we'll bounce up and down all day but bouncing up overall most days. and depending on how bullish we are breaking through barrier levels will determine the height and speed of the ascent and a correction will be likely needed. and then finally we'll be a little more settled having finally shaken off some of that volatility. which is when people will feel more confident to invest and we'll go up all year albeit with some corrections of course. and as always a few random challenges and surprises along the way

i've been doing this for like 3 weeks now so i know what i'm talking about

>>5451911
you mean an hour...and to explain things afterwards is called narrative fallacy....dont waste your time...

>>5451911
>more confirmation bias
Please save us. If you want to be taken seriously have an objective view.

>>5451852
>I think there's a good chance we could break the channel and head up though, the market is still overall frothy and bullish.

This, is definitely possible, since bitcoin is still pretty strong. It's simply a much needed retracement.

>>5451911
That's really not necessary man, you've done enough damage to people already.

>>5451866
In all fairness, you should know TA before you take some technical analyst's advice. Same reason you should know javascript before you enact a userscript on a site based on promise.

Here's my amateur TA.

BTC corrects every 2-3 months down to approx 10-15% above the exponential trend (this is a log chart)
This correction took us way above the last trendline, indicating to me that the move is not yet done. FWIW the current "trendline" could put us to 25k by EOY, which I don't really see happening after just 3 days of the correction.

Just my 2c, could be wrong as always, but I would watch BTC very, very closely if you're in a long position

>>5450655
>TA
good goy for listening to this shit
PSA: OP has a position that wants to see the market move in a certain direction, don't fall for it and make your own decisions anon

>>5451950

It's Coin Launcher
https://discord.gg/pSnHGP

>>5451690
:)

since btc evolves at least 1000 times as fast as normal stock markets, we can expect this.. next month?

There is a BTC fork coming in 3 days it's not going down TA fagot

>>5452031
unironically probably yes, but in the next 3 months to be conservative.

>>5450669
Me2, op is as usual a FAG.
KYS

Ok, this is it.

>>5452032
What?
Tell me more"

>>5452337
Please feel to FUD me, as pic name already says so.

The only thing that I can't predict here is what Market Maker/s and whales can or can't do.

This is out of my league, I don't know what's going on behind the curtains.

>>5452337
Yes, you are indeed hilarious.

In definitely kek'd

>>5452337
I stopped at 4)

Literally what the kek man

it will move at around 2pm GMT. probably downward due to stronger, flatter looking resistance on top. although a sub 10 looks less likely than changing its mind and following on with the current uptrend

>>5452429
>I don't know what's going on behind the curtains.
https://medium.com/@bitfinexed/meet-picasso-the-painter-on-gdax-c478ff8f50e5

Check this out. I'm generall of the opinion bitfinexed is a autist FUDer, but I'm certain he's on to something here. Manipulation has a bigger effect on the market than you might think

>>5452434
>>5452479

Well, I gave it a try, we'll see how it plans out :^)

That's my logic and how I see it given what I know, but I'm always happy if someone proves me wrong otherwise with a good argument.

>>5450655

Are you that guy who didn't know what shorting is?

>>5452560
No, I'm the guy that believes 99% of /biz/ don't know what shorting is and that you can make money if stock price goes down.

>>5452337
I don't know much about TA and desu I don't think it explains everything, especially whales since they clearly control everything as the last crash shows. But I gotta agree, this doesn't look like it's more likely to go up than down. And with BTC crashing goes the rest of the market. Maybe it doesn't go like that, but we're struggling already

>>5452577

You CAN make money IF stocks go down BUT you need a good timing. I'm staying away from margin trading. It isn't worth it.

N
I
G
G
E
R

>>5452630
it's the same as buying the dip, I don't see the problem. If you can read the most basic indicators and draw support/resistance lines that shouldn't be a problem. It goes same for buying dip, or selling/shorting top.

You could of predicted the top of BTC quite good in the range of 19400-19800, if you drew fibonaci and sold little bit below it like any reasonable trader does.

>>5452630
Exactly. When market is down literally best you can do is hold and buy more. Timing dips is incredbily hard and stresfull to do.

>>5452731
You should learn about RSI/MACD and support lines.

>>5452762
He wouldn't after you spooked him.

Should he take the advice of someone that cost people thousands w/o margin trading?

>>5452731
In reality he's partially right. RSI, support/resistance and volume are good indicators for trading. BUT I'm not into margin trading BTC right now , mind you.

Sold my BTC yesterday and now I'm at a loss thanks OP

>>5453077
stop looking at 5min charts retard

>>5453052
They are good indicators, yes, but Im not shorting 46k just to get justed. I actually had more success margin trading then not, but risk is too big for me and nothing can make up the feeling of losing like a retard.

>>5453052
>partialy right

crypto is one of the easiest markets to predict, you don't have to know anything almost other than basic stuff to know what the fuck is happening

>>5453172
agreed. most of the time. except when it's being manipulated. seems to be happening less recently. maybe it's becoming too expensive.

>>5453172
>crypto is one of the easiest markets to predict

You're right. But if you're going to employ 5+ indicators then you have to optimize them. I've asked you about 3 times what length you used for your oscillators and you haven't answered. Which leads me to believe you don't entirely know what you're talking about.

If you don't use so many indicators, then using historical data with just one oscillator is enough. There are people that turned chump change to $300k on forex with just RSI as an oscillator, Volume and price action.

>>5453206
This anon has a point to. There has to be a balance between TA and FA. Especially in Stocks, futures, and cryptos

>>5453299
Checked, can you explain more things. I was just here for the wojacks but now it's getting interesting, where would u recommend I watch trading volume and prices in real time covering all exchanges preferably?

Anything you might know to help me level up from wojack larper to being able to make it to lamboville by doing more than just shill watching?

rip to anyone who listened to this TA fag.

see you at 25k

>>5452337
So you connect the bottom points WOW
SUCH TA you did that for an hour OMG !!!
And you warned bizlets to sell at 13,5k , well done, only that now BTC is at 14,6 k

KYS FAGGOT

I bought back in with a loss thanks OP I have learnt my lesson not listening to TA fags ever again

Can someone update the op pic with current value ?
Just interested in seeing what he did wrong or if btc broke a pattern.

Also RIP anyone who sold because of muh TA ad muh predictable market.

Speculative market prices are based on psychology, TA is only good when the majority of the holders have a clue about what TA means, in cryptos this is almost pointless, only a small fraction of the price is based on TA.

>>5452337

BLABLA PLS RAPE MY FACE

>>5453916
I've made a lot of money with TA, more so than my salary for this year. That's an inconclusive point. OP is just an example of an idiot, meme wojak poster that /biz/ always gratifies because it's FULL of idiots.

For months I've been making threads with sensible content and they usually die before 20 posts, look how many posts this thread has. I could only image that the one OP made yesterday probably had >20 as well.

The problem with his TA is that he's an idiot who doesn't know how to use it, and wants to make people believe that it's the only confluence for making a trade. Look at the news too, if there no exchange scam going on, then it's just a simple retracement.

>>5454079
What indicators do you use?

>>5454079
You have my attention, I've only recently started learning about TA. Are there particular resources you would recommend?

>>5451466
>>5454079
Hm, so you see it going down to 10k but not further? Will be interesting seeing how this'll play out, but to me the BTC situation is starting to look really unstable and unlikely to break 20k, and that's just my opinion without knowing any TA and just looking at the market cap development and the general mood

Are there any 24/7 bitcoin trading platforms that have MT4???

Who here watching?

YOU WERE WARNED FOOLS

>>5450839
AHAHAHAHA
>Look it dipped a bit I told you guys
fucking kys you retarded shill.

>>5454412
100k soon.

>>5450669
Yes, same here. I'm literally down $2.5k from believing in the TA memes. I'm just gonna stick to the tried and true method of HODLing the fuck on

>>5454184
Volume and RSI. For everything.

>>5454221
YouTube: trading price action (also check out trading with volume, support and resistance, RSI)

Investopedia: RSI

Check out some guys on forexfactory. There are some absolute legends there, but PLEASE don't shit it up with memes and idiocy. I have a lot of respect for decent forex traders.

>>5454288
My FA opinion, based on news, is that it's fine. Financial experts who have been saying bitcoin is a scam at $200, $700, $1000, $2000 have been wrong before. Hell, they might've just been doing that to drive the price down and are secretly accumulating.

>>5454460
please dont shill forexfactory on here we dont need autist memers

>>5454516
Fuck... I'm deleting mine, delete yours pls.

>>5454460
>My FA opinion, based on news, is that it's fine. Financial experts who have been saying bitcoin is a scam at $200, $700, $1000, $2000 have been wrong before. Hell, they might've just been doing that to drive the price down and are secretly accumulating.
Yep, I know of this ofc, but currently BTC really is pretty high, personally I think ever since it crossed 9k it has been way overvalued. The situation was different way back when BTC wasn't so much controlled by whales (the demo they did a couple days back seriously left me worried), and when it wasn't as shit as it currently is (transaction delays & fees). Alts are so much ahead of BTC now, but I'm afraid BTC will bring them down with it(temporarily).

So I've had GDAX glitch out on me and show me a seriously reduced price before each correction. This is the third time its happened and i was able to screenshot it. Praise kek

TA fags are seriously retarded.

Charts only show you what happened in the past. They cannot be used to predict the future. Any correct call is usually just good luck because really it's a 50/50 shot. It either goes up or down. No TA faggot has ever been correct on a specific call.

>>5454572
I wonder what the consensus was for the NASDAQ and Dow before the crash.

That's what I always say, but too much optimism is always bad. People watching this thread should consider your views too, definitely.

>>5454642

The 4 hour candle isn't looking good. It's downhill from here, boys.

>>5454651
>I wonder what the consensus was for the NASDAQ and Dow before the crash.
No idea. Honestly I have no idea what the current crypto consensus is either. I guess most agree we are in some phase of a bubble currently

>That's what I always say, but too much optimism is always bad. People watching this thread should consider your views too, definitely.
Yeah, the optimism is a bit too much right now. I'm super bullish myself in the long term, but the short term seems like a shitstorm brewing at least to me

Also I gotta add that most of these people who are optimistic right now will change their minds the second we have a real correction. They don't believe in the fundamentals, just the gains, so if the bubble pops, they will turn eventually start selling

I hate being pessimistic but the current situation seems so unstable

>>5454771
>super bullish in the long term, but the short term seems like a shitstorm brewing

/thread

my long term optimism stems from the fact that BTC is still the easiest way to buy shitcoins that consistently give people 300%-400% gains. But people should really look at LTC and ETH during that time frame as well, also ADA and ARK.

>>5454831
Just out of curiosity, what's your strategy for handling the near future? I've left 15% laying on an exchange in fiat so that I can buy back in cheap if a big crash does come. Do you just hold or intend to wire fresh money into the market?

>>5450655
The dip is priced in. If everyone knows it's gonna dip now and then return to an even higher price later the dip is already priced in. Everyone is bullish long term so everyone is planning to buy the dip which raises the value of the actual dip up to an $11k bottom.

>>5452481
FUCK ITS GOING DOWN

dropped 500+ in a minute

>>5454890
Sure, but without the "i mortgaged my house to buy bitcoin" money it will never see the prices it had before. Unless there's some massive market manipulation to make even those people forget about their burns.

ALL
YOU
HAD
TO
DO
WAS
LISTEN

>>5454952
lol you think 20k was much? you seen nothing yet.

>>5454941
People will realise there is no reason for this specific shitcoin to be valued at its current value because the technology behind it is generic, and there are increasingly better implementations.

>>5454882
I intend to wire fresh money into the market at $10k and much more at $5k.

I got in at ~$700 and ~$1200 so if it goes to say $8k-$5k I will probably focus on fiat and go into forex for a while. Like I said before, I've made so much money on shitcoins it's amazing and there are a lot of coins less than $5 that have a lot of promise too which I can trade my BTC for.

>>5454953
take a look at this faggot. Hell, If people had take my advice earlier, based on my resistance, they would've made a little money, but who cares. This is 5min and people here have already lost so much to OPs faggotry.

>big crash starts an literally no pink wojak to be seen.
So this is how it all ends...

>>5454890
That's a good point, the market is kind of red-pilled considering everybody is doing HOLD, but on the other hand nobody knows anything about investing.

>>5455051
Thanks. You are the real TA bro instead of fear-mongering OP

>>5452031
Lmao looks like that thing is about to burst. Artificially pumped stocks.
All gonna come tumbling down, along with housing

>>5455051
i dont understand what is your TA saying?

TLDR When do I buy?

>>5455205
2009

There's always a dip around this time but then it goes back up when Asia wakes

>>5455184
The dark black line is the stronger resistance level.

The current pic, if you look at the time frame at the bottom, is from two days ago. That was when I made the dark and lighter black resistance levels, with the shading showing the strength of them.

The resistance level shows kind of the ceiling of the price per time frame, with a supporting level representing the floor of a price per time frame. It's an assumption that:

a) the price will likely not pass these levels

b) the pair/coin's trend is likely going to change direction (going up or down)

The darker line is the current resistance level unless it passes $11,855 which, from my analysis, is the current support level.

Mind you that I'm not God, I'm making ASSUMPTIONS based on these charts on small time frames.

>>5455298
forgot pic

>>5455321
>>5455298

Do you have discord channel. I know this whole thread might be a bit biased, but I still believe I'm making good assumptions.

I do however like to discuss things in un-retarded /biz/ manner, be it voice or typing and work as a team on predictions.

We are all making assumptions here, given what we know, but it derailed a little bit into stupidity.

Leave your discord link or I can also leave mine. Hit me up and let's make some money together.

I think I've got some very, very good predictions on few shitcoins that are uprising slowly, the same way ICX did past few days.

>>5455616
and good TA (now for you maybe not, but I'd still like to discuss my findings and if it makes sense from TA logic).

>>5454457

Honestly, you deserve it.

OP can fuck off and all the panic sellers too. I've been in btc since late May and I've witnessed multiple crashes. BTC will recover

>>5455616
>>5455640
just keep posted on /biz/, you will probably recognise me from time to time.

I don't want to involve my self with crypto trading too much because I still want to have time studying compsci and math.

I want to automate this shit in the future so I don't have to bother with it. Both programming and crypto trading is making me autistic I swear.

If you want advice, don't listen to discord crypto groups on what to buy. Check coins with low volume and ATL (all time low) price or near it and make simple TA analyses. And be more humble, about everything you do.

>>5450655
This, buy bitcoin cash its way superior.

>>5455640
And don't forget that FA has a big factor too.

For instance, I don't know what the fuck happened here when I was in a margin trade with CLAMS. I mean, I was greedy and missed the initial signal, but I wasn't expecting THIS. It was most likely a news story that fucked me up. Luckily, I NEVER have all my eggs in one basket.

Before placing a trade, check the news (twitter, coindesk, google news idk check around), check your charts and make a decision. Be consistent if you're successful

McAfee caused this dip.

>>5455948

>>5455849
That's pretty much the way I'm going with my studies lol. Compsci and math + I've recently gained curiosity for Economy because of trading.

+ yes, I've spotted out STRAT/SIA few days ago, before they started getting any volume :^)

However, guppy RSI showed nice green zone of accumolation and we all know what that means.

>>5456049
+ look where they are heading.

I still got some other good picks, don't want to shill shit here too much. That's why I'd like people like you around me. + For whatever reason we are both into compsci and math.

>>5456097
Shill away bro, what are you buying?

>>5451461
Oh fuck off you pretentious faggot, you think you're robin hood trying to warn all the normies of dips? Go trade your measley 4 figures and shut the fuck up no one cares about your dog shit analysis

>>5456723
you realize the only thing keeping bitcoin up at this point is spoofed 15M USD buy walls, right? We'd be hitting 11k right now if they wouldn't manipulate the shit out of the price

>>5456723
>Oh fuck off you pretentious faggot, you think you're robin hood trying to warn all the normies of dips? Go trade your measley 4 figures and shut the fuck up no one cares about your dog shit analysis
oooh looks like somebody bought ath

>>5456723
lmao bad loser is mad

>welp

I guess I'm hodling long term.

Bought in at 16200 during the bull trap and I refuse to sell at the floor now.

Also you know posting this shit causes things to dip?

Its like that fucking bit in MIB where she's like I always cry when it rains, and the nigger is like bitch it rains because you cry.

>>5450655
lol all signs point to up, except for anon's doodles lmaok

how can I make sure I never see these stupid threads again?

>>5457247
an hero

if you know anything about btc you should also know very well that it doesnt care about rsi

The price you're seeing is an illusion being kept up by manipulation. A sharp decline is imminent.

You have been thouroughly warned. Proceed at your own peril.

>>5457346
Unfortunetly he is right, the dip was suddenly stopped before we hit support ( see how it stopped in the middle of the cloud). Which is weird, a whale would just let it dip and then buy if he wants to get in

>>5457726
this is what stopped it
>>5456749

Literally someone pushing against the trend with several million dollars until the price moves in his desired direction again. This is absolutely NOT a return back to the bull market. If anything this is a bullshit market right now.

>>5457766
Fack, would have closed my short position if I saw this. Now I'm getting rekt. I might close it and take the loss if it goes above 13750

>muh TA fag still here after humilliating defeat

Seriously, kill yourself.

>>5457938
It's up to you wether you want to hold out until it actually crashes, or to take a small loss now and to short from the peak.

Either way you won't lose money by monday morning.

>>5458009
*wednesday. I should sleep more.

Kill yourself.

>>5451200
>he fell for the TA doesn't work in crypto meme because he's too stupid to use it

>>5451690
>muh bubble

>>5451221
Almost scary how well this lines up

>>5458212
>every idiot doing TA proven wrong
>"TA works, this is why im broke posting on 4chan"

>>5458009
Didn't break 13750 so thats good, hopefully the whale fucks off

>>5458361

>tfw whale saw these threads and is now taking advantage of them

now that'd be a fucking joke right here

>>5458395
they are playing the same game with a 100-200 BTC wall right now that's being moved all the time. From what I could make out this person/group controls at least 20 accounts that simultaneously place or remove ~20 btc orders. They're placing them in a way that not a single coin of it is ever traded though.

They're playing this incredibly well, have to give them that.

>>5458447
which exchange?

>>5458447
Yeah, Market Makers are probably some cocaine fueled class A trolls that know what the fuck they are doing, that's why they are doing it so good.

+ People don't believe there are actually people that control BTC Market.

>m-m-m-muh volume

>>5458513
bitfinex

>>5458515
>People don't believe there are actually people that control BTC Market.
they had to reveal quite the power level to stop the last plunge from going ultra-sonic downward. They showed at least $13M USD of funds on bitfinex, and they probably hold at least that in BTC too.

Just plainly speaking, who on earth even has 13 fucking million on bitfinex, that sketchy piece of shit exchange? I'm almost sure this is bitfinex themselves

>>5458515
A handful of people control the BTC market, they can litteraly write FUCK on the chart if they want to. Thats why wall street cucks will NOT short bitcoin, the only wait for wallstreet cucks to profit from bitcoin is to buy and ride the wave thats it, simple game theory.

>>5458623
well, it's not that hard to imagine really.

Let's say there are few old fags that bought thousands of BTC early in the day.

Let's say some of them have 10k+ BTC. Now let's say they have 2k+ BTC on an exchange -> they can put a 1000 BTC wall to cause panic and drop the price and start to short other 1000BTC with leverage, making them bank.

Same goes for making support and leverage long.

Absolute kings.

>>5458698
>Absolute kings.
just watch this timelaps of the 7th dec GDAX manipulation in contrast to other markets. They made an absolute killing in arbitrage that day.

Insanity right here
https://www.youtube.com/watch?v=r4DvvCWAUEU

>>5458847
u have any discord channel? looking for people to do TA with and make some money discussing crypto. drop ur ID/link

>>5458520
well, half the 100 BTC order @ 13599 got filled before it was pulled, and half of the 88 BTC order @ 13588 was filled before it was pulled... So they are taking hits. lol

now it's gonna drop

>>5459165
I don't have any discord channels except for the snake meme one for stellar. It's all memes and pajeets though, so not really active in that.

>>5459370
They won't be able to carry the trend forever. If real panic sets in they'll have to accept that.

Let me just clarify something for all you fucktards who watched 3 youtube videos and think they now understand TA. TA doesnt mean shit you fuckfaces. Just because the graph appears to be trending one way on a 12h or 1d chart, etc, doesnt mean shit. At any point a whale can come in and buy or sell. And i promise you that chart will change MASSIVELY in a second. And all the "TA" you thought you were doing on said chart no longer applies. So basically what youre doing is nonsense voodoo. Its the equivalent to astrology. Welcome to the cryptomarket noobs. I can tell you guys are all newcoiner fucktards who have no idea and just bought in yesterday.

>>5459503
>compare the RSI to the price graph

Yeah, anon, you totally make sense, kek

>>5459503
That's why u set 5% stop loss or less.

>>5459541
You dont know what youre talking about dumbfuck. Youre gonna be sitting there staring at your dumbass chart going THE RSI IS 99 and the macd d divergence is high ITS GOING DOWN. And then one person buys 1000bitcoin and your graph completely turns upaide down and what you thought you knew was a lie

>>5459503
Youre words are dumb. Yeah shit changes and whales fuck shit up all the time, but plotting data about buying and selling DEFINITELY can help predict the future of buying and selling. I pay more attention to the news and how normies feel about bitcoin to predict its price tho

>>5459627
You just said "youre right but so what you sound dumb".

Whatre you fucking 12?

You sound like the idiot anti-trumpers who didnt even vote. HE JUST SOUNDS DUMB AND I HATE HIM HES MEAN

>>5459605
It rarely happens even on a 15 minute graph.

>>5459652
kek

>>5459652
>You sound like the idiot anti-trumpers who didnt even vote. HE JUST SOUNDS DUMB AND I HATE HIM HES MEAN
your /pol/ juice is spilling mate

People making hundreds of thousands, but somehow still completely retarded. This makes me safe in thinking we are only at the beginning.

this shit is gonna take years to recover :-/

>>5459743
nah. It was going way, way, way hyper-exponential in the end here. We're just going back down to exponential or simply hyper-linear growth. Quadroupling every 4-6 months was just retarded, and unsustainable.

>>5459743
Lol there's hundreds of more companiesand stable currencies. BTC is never going to crash given Market Makers with thousands of BTC.

>>5459714
so much money to be made, cant wait

So, where is the 8k crash?

>>5460458
soon

>>5460458
Another half hour.

>>5451243
>he thinks TA in crypto works

>>5461007
I feel sorry for your ignorance.

>>5461007
>he thinks TA works 100%
feels bad to be you

>>5461096
fact of the matter is, the average IQ and attention span of most posters on this board is fairly low

conversely, there's drawing shapes on a chart (OP) and real TA. the uninformed are not able to discern one from the other which affects TA's credibility

as for its usefulness in crypto, having a good knowledge of it isn't going to hurt

>>5460934
While I do believe in the application of TA in crypto, I can't find a single indicator for such a huge crash within the next minutes. What makes you say that?

>trying to send bitcoin to gdax to set sell limit orders
>about to hit 24 hour pending processing

literally cannot cash out

>>5461366
Oh sorry, was just quoting a TA thread from yesterday. OP said crash to 7-8k within 2 to 3 hours. Then at 3 hours kept saying it'd be another half hour, that he just got it slightly off.

>>5450695
Monero. Go check the current bithumb graphs Monero vs btc. everyone is running for the safety of Monero. Be there by Dec 31st, or you will be given an anal tonsillectomy with a bayonet by The Taxman.

>>5461434
I'm to OP from yesterdays thread and you are completely retarded and pulling shit out of your ass.

see >>5452337

>>5461610
>>5426134

>>5461610
I'm sorry you were wrong, but you should take the opportunity to figure out why you were wrong instead of raging.

That's how you can learn and grow as a person.

StochRSI is a garbage indicator for crypto desu.

>>5461669
Yeah it dipped quite hard from 13,5k$ to 11,5k$ and then somehow found support.

Whoa, it's not like it didn't dip. If you would sell when I told you and bought the dip at 11.5k$ you'd save and make some money.

HMMMMMM

>Its the final dip guys

>>5461733
I know what went wrong.

>raging

yeah right, laughing my ass off here at these retards :D

>>5461772
Absolutely no humility in your soul.

Thank God, for your sake, for cryptos.

>>5461772
look at this
>>5458168
now end your life.

>>5461366
He is just memeing. OP said similar bullshit yesterday.

>>5462109
I'm a very humble and generous person in reality, don't really care what bunch of internet people think about me and if they follow my advice, because they can't use their own brain.

>>5462320
>I'm a very humble and generous person in reality

>>5462320
You're twiddling with people's money.

>Inb4 dude you're on 4chan, morals are moot

I also feel sorry for those irl you construct a facade for.

>>5450655
Same guy again with his dumb ass FUD. There is no fucking dip to 8K you brainlet. You where wro g last time and you are wrong now.

>>5450655

I doubt the price moves all that much around the holidays. Normies are with their families, volume is way down. If there's a coming crash, likely to happen Dec. 27-30, or early January or not at all.

>>5462840
This would only apply to Europe and the Americas, so even if it's true, it applies to only part of the market.

>>5450655
Not sure it'll go down to 8k, maybe to 9k for a few hours.
But yeah you're overall right, and all the hate just proves it right

It is usually profitable to do the opposite of what biz suggests. Classic 4chan

Guys, the fake buy wall is getting close to price, I feel the dump incoming

>>5463648
Either we pump HARD or we DUMP HARD

>>5451879
The last month a huge amount of institutional money poured in. And will keep pouring in in 2018. Upside: Overall market cap might x5. Downside: These guys know how to pump and dump like no other. The last dip was just whales that are slowly accumulating again. They'll keep doing this over and over until the market gets somehow regulated, then they'll start doing it with the privacy coins is my guess...

>>5463825
Trust me, institutional money hasn't fully poured in yet.

t.Hedge Fund Fag.

Can it do something already, I've been sitting on tether for a day now watching everything ( except TRX :D ) moon.

>>5462840
Also, normies being with their families is an excellent time to accumulate through sell orders and bots trading without humans interfering...

>>5463648
these god damn walls are starting to get on my nerve.

>>5463856
I know, it's only the beginning. Professional traders will keep this is up until the market is fully regulated. They will keep squeezing the coins out of the weak hands until only the brave have survived...

>>5450655
I love contratian market indicators

>>5457766
Look fag, somebody might be screwing over everybody else by prematurely ending the bear market. If he can keep the price trend for long enough at at the 10 - 13K level the downtrend will break by itself. BTC and crypto itself is a free market, so everything is allowed. PnD, market manipulation, Insider trading. Because of this TA is a lot less useful if you do not have that information.

So should I be looking at bitstamp more than gdax?

Gdax seems to be the normie squeeze central, so I've been watching the 14400 wall get tested time and time again.

All I see is the ~500 oscillation where there's walls being tested.

>>5464220
listen, fag.
What's happening here is called spoofing and wash trading. Both of which are illegal for ANY financial institution. This includes fucking crypto exchanges.

If this shit ever gets publicity some exchanges are going to get fucked big time. And that may actually spell the end of crypto as we know it.

This shit isn't a joke like you might think

I want to get in on crypto in the next week or two preferably.
What price should I buy in at? Plan to just sit on it and forget.

HAPPENING

>>5463948
Wall dropped

>>5464846
they're leapfrogging them down now. We'll see what happens

>>5464842
Yup, its now

ONE HUNDRED SEVENTY BITCOINS DROPPED IN A SINGLE ORDER

damn sons, it is upon us

Captcha: Wong Entrance

https://www.youtube.com/watch?v=TVA0WMa7ye0

>>5464916
forgot pic, god damn

It has begun, I told you that 12h from starting this thread this might happen. It's exactly that time.

All you had to do was listen.

>>5464916
I have a short opened, lets go boys

>>5464948
guys dont trade bitcoin you fucking idiots, ignore it other than using it to price alts, BTC is a mess dont bother.

>>5464319
Spoofing crypto is not fucking illegal (yet) you retarded faggot

>>5450655
its on its way up now dumbass

>>5465014
Use fucking 1-hour candles

>>5464993
I'm neither long nor short in bitcoin, but you can bet your dick I'm going for the double digit extra special christmas sale on alts

>>5464983
It has begun because of an insignificant $150 dip? Don't you think that's calling it a bit too early?

>>5465096
the manipulators just got slapped for over 1.9 million by another whale. These faggots got cucked, and their scheme is starting to fail.

You can doubt what's happening, but I sure as fuck am not

>>5453299
Can you give us a short tutorial about the optimizing indicators for price action? Books are fine too.

Back down to 11

13300 is the magic number for a technical breakdown. Get your bodies ready boys. The technical traders are just waiting

nice meme lines losers

>>5465211

But we already went below that once today and bounced back.

Kinda feel bad for the ether guys they're mining their own business jerking to their little rally and and of a sudden papa btc falls out of bed

>>5465293
yeah because there was hardly any volume and they put up a 14M USD wall. We got volume this time around and they can't stem the whole tide

I for one welcome our asian bears

Thread Theme Song Has Began Playing

https://www.youtube.com/watch?v=7DljgSrTbNE

>13500
Looks like anon was write

300 down gdax, 400+ down bitstamp

We have volume post-christmas eve

>>5465406
Gonna try playing the BTC crash in LTC, for the faster transaction time + how tightly it's coupled based on the charts.

What's ~$8k in BTC -> LTC? ~$120?

13600 resistance bitstamp, 14000 resistance on gdax

https://www.youtube.com/watch?v=hLTNxuO8-YE
thread theme

I really wish BTC would JUST it's shit already. It keeps bouncing back because retarded boomers are still bullish about it.

>>5465679
do you really think the boomers havent pulled out by now

>>5465679
Give it a little. 2018 is the year of the flippening

meme lines for those who wan't to get in on the fun

Prepare your shorts.

4h and 6h StochRSI on top currently, 6h MACD diverging.

This is last push.

>>5465748
>there must be a way
autism flares
>to understand the market without having to understand people
draws lines on graph
>my eidetic memory is put to use
lines resemble benis
>ah, yes

>>5465817
you can say whatever you want, but trendlines are a fairly solid TA, and this is nothing more.

>>5465748
Why would anyone listen to some brainlet retard that puts an apostrophe in want. How the fuck does that even happen? Where did you go wrong

>>5465748
You can practically see the ABCD buy that started this run

but even if the coin made it past the upper wall, There's gonna be the ABCD sell on the top end

>>5465817
audibly kekd

time to get fucked

>>5465851
>How the fuck does that even happen?
because on german keyboards the apostrophe is an un-shifted character that I fat fingered. hurpa durpa ta is a meme

>>5465148
That's what so funny. Manipulators want to play this game but someone else picks it up, understands their strategy and waits just in time with the necessary resources to sweep all their BTC. They WILL get fucked in the long run by the beasts running this show (the pioneers who are believe the technology - not the faggots trying to centralize the blockchain) and Satoshi's wallet doesn't even need to come into play. It's fucking beautiful.

>>5465916
>german keyboard

Everything checks out.

I'm going to neck this whale and his artificial support lines.

>>5466058
yeah those familiar 100 BTC walls are back lmao

>>5465858
>You can practically see the ABCD buy that started this run
care to share a graphic on that? I'm a complete noob at wave trading

>>5465858
>>5466058
if i win the powerballz i am going to use at least $50 million on a big dick challenger to drive straight through these niggers' walls. i don't care if i lose it

>>5450655
short it :^)

>>5466208
I'm going to neck Market Maker. Mad man did it again with his 100BTC buy wall put up, trapping shorters and mooning BTC up for a brief moment, even though it's completely irrational by all standards and artificial happening.

I mean, it's cute what he is doing, but I still want to neck him.

>>5466259
u mad

>>5462320
Yeah, I bet you are.

>>5466291
sometimes I wish I was this fucking dumb to just not give a shit about what BTC does and blindly hold as if nothing weird is happening behind the curtains

jesus

>>5466394
>implying i own btc

>>5466291
do you understand that if the faggot that is putting up 100BTC buy walls, decides to do suddenly put up 100 BTC sell walls the whole thing dips right?

>>5466446
and currently everything points out towards a dip and downtrend, but this faggot artificially can do the opposite

new bread
>>5466537

>>5466484
You do sound smart senpai, is there any altcoin you see doing well longterm?

>>5466259
your honest opinion:

play in BTC or track BTC and trade in alt (LTC/ETH/???)

>>5466180
I'm a noob too, just been reading since I lost $1k trying to time the market

bought 290, sold 222, set limit buy at 140 on gdax
the second dip was at 145~, missed my buy.
down just below 30% from that shitshow

here's your meme lines tho. Simple idea of abcd is similar pattern in same timeframe indicates a bounce

>>5459627
This is provably false. Any risk analyst who's honest will tell you that there are no models predicting the market, and even less the crypto markets. Nassim Nicholas Taleb has written three books about that subject, proving just that.

It's funny how people shun all logic when faced with things they don't understand, it's like caveman looking at lightning and coming up with voodoo magic in order to stop their fear.

Good luck with all your models guys, I personally trust my chicken bones and coffee grains...

>>5466484
Dude you have no idea what btc is going to do. Shutup

>>5466568
buy ICX, ENG, STRAT, SC, HST, PRL

>>5466572
just fucking wait dummy

>>5466728
I learned my lesson from that. My problem is I promised myself to not put more than 4k in the market, but I wanted liquid/fiat to buy the dip.

So I pulled out to push in so to speak.

This upcoming dip is my shot to undo my error, otherwise it's prob safer to just not put into the current shitshow

>>5450655
Your TA is not welcome here. TA is always wrong in the case of btc. It's witnessed events like these before. You seem like the kind of faggot that bought at the ath and then sold at 15k and think that you're smart because it will go down more. M8 enjoy your regret when the king comes back. Been in crypto for 7 months and have already witnessed worse crashes.

>>5466963
might be true, but there's definitely some fake wall fuckery going on

>>5466963
NIGGER DO YOU EVEN UNDERSTAND WHAT THE FUCK IS HAPPENING RIGHT NOW

>>5466963
>M8 enjoy your regret when the king comes back
The "king" got kicked out of Steam and major stores, LMAO