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

/biz/ - Business & Finance


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File: 129 KB, 1180x647, Screenshot 2023-10-12 at 7.08.18 PM.png [View same] [iqdb] [saucenao] [google]
56352557 No.56352557 [Reply] [Original]

Just wanted to drop this TA real quick. We are 68 % on the bolinger band, meaning we will soon have a breakout downward or upward. However, because the elliot waves have already curved 3 times (phase A, phase B, phase C), it is a statistical likelihood it will be upward. This, crossed with stochostic RSI and golden ratio that is primed for upward motion. This is also why BTC is dumping, but Link is not. All TA points to a breakout up to the $25-$35 range within the next 14 days. The big test will be the first dump around $12. If that dump fails

>> No.56352569

IM WYCKING OFF

>> No.56352578
File: 59 KB, 640x477, survivorship-bias.png [View same] [iqdb] [saucenao] [google]
56352578

AI proves that TA is a complete meme.
If memelines were a skill, an artificial intelligence bot could be built to do it 10x better. AI can use and consider more datapoints more accurately than any human could ever dream to, every action would be backtested from all markets in miliseconds before said action takes place. Hell, even if it was profitable "just" 51% of the time that AI bot would make billions in a single day.
It wouldn’t even be that hard (relative to something like chatGPT) to create a ML algorithm capable of predicting market moves with astounding accuracy given the history of that market IF those moves were capable of being predicted based on past market data. The fact that nobody has built this, the most lucrative ML algorithm that could ever be built, means its likely impossible because TA is 100% survivorship bias.
>but muh youtube guru says it works and he has a lambo just draw a line bro and it's magic lmao
Yes, for a small amount people it will work, based on nothing other than random chance. Thats how survivorship bias works. If TA were a skill, the person who is MOST skilled at it would quickly become the richest person in the world by many orders of magnitude.

>> No.56352586

>>56352557
Check Link/BTC it is in an ascending channel and primed to go. Digits confirm

>> No.56352612

>>56352557
2 weeks unironically

>> No.56352820

>>56352586
Yep it is primed to double

>> No.56352824

>>56352820
Triple primed.

>> No.56352867

>>56352578
this faggot hasn't heard of tg bots, cringe

>> No.56352922

>>56352578
based fishy

>> No.56352966

digits and linkies will forever stink, suck ass and be massive faggots. Link $0.40 2027

>> No.56352976

>>56352867
TG bots that do what exactly? Do you think you have some sort of cool guy secret or what? Kek TG seethe with desperation. Those guys are the true true degen gamblers.

>> No.56353000

>>56352966
checked, it's over

>> No.56353044

>>56352966
>double kill
>>56353000
>triple kill

>> No.56353116

>>56353044
Shit. Fucking funny. Pulling all the dubs, trips, quads, back to dubs. Damn, son.

>> No.56353125

>>56352557
So... hang on I am a little confused here. What you're saying is the price will either go down or it will go up?

>> No.56353147

>>56353044
We’re finished

>> No.56353186

>>56353044
MULTI KILL

>> No.56353193

>>56353125
Lol yep welcome to biz

>> No.56353225

>>56352578
you're right, TA is BS indeed but then what exactly works in the market in your opinion? I mean there's got to be a% of people who have cracked the code and are dominating the markets, what could be their secret sauce or forget about them what do you think works in the current times?

>> No.56353592

>>56353225
what if you could make a digital currency that does something specific which is cryptographically impossible to break? if you knew what it did, could you predict the exact price, general price, or atleast know with 100% cryptographic certainty that it would increase in value relative to how it functions?

>> No.56353873

>>56353044
>killtacular

>> No.56353902

>just 2 more weeks.
This whackoff faggot has been posting this same thread for an entire year topkek

>> No.56353911

>>56353873
Bout time someone said it

>> No.56354033

>>56353911
These youngins don’t know Halo

>> No.56354037
File: 112 KB, 857x1200, 479f55deb5c0e1c90e57a6ffad36f5ce_07a51ea7d3b24ab64cab88208fc1e3c3.jpg [View same] [iqdb] [saucenao] [google]
56354037

>>56352557
Any year now. Trust the plan.

>> No.56354052

>>56352557
>desperate whackoff posting
we're about to dump below the range aren't we?

>> No.56354091

>>56354033
Checked. Those early days of Halo were lightning in a bottle. Very fond memories.

>> No.56354105

>>56352578
this applies to literally anything that defies the odds. luck = skill or rather, you cant tell the difference

>> No.56356298
File: 178 KB, 1175x908, file.png [View same] [iqdb] [saucenao] [google]
56356298

We're past the spring, it's all just test test and then break out from here.

>> No.56356342

>>56352557
Chainlink is obsolete
Sorry cucky but you lost

>> No.56356343

>>56352557
Spring 2024 is gonna be huge! Just a few more 2 weeks!

>> No.56356459
File: 116 KB, 1024x1024, OIG (10).jpg [View same] [iqdb] [saucenao] [google]
56356459

>>56356298
chart definitely looking more bullish by the day. It needs to push past 9$ though to really trend upwards. Otherwise it can always get rejected and crash back down to 6$

>> No.56356524

>>56356298
Thats a sine curve.
squiggly squiggly for infinity

Bagholders will be stuck forever

>> No.56356563
File: 479 KB, 1125x820, C760B56C-5702-4D80-B56E-50E59FE0715C.jpg [View same] [iqdb] [saucenao] [google]
56356563

Ten more years bros

>> No.56356591

>>56353225
>what exactly works in the market in your opinion? I mean there's got to be a% of people who have cracked the code and are dominating the markets

real world insider information that come from connections. this pertains to business/political deals, scientific discoveries, new inventions, etc

this is the reason TA doesn't work because lines on a chart don't dictate real world actions, they only react to them

>> No.56357549

>>56356298
two questions for you:
1) what is stupidy willy indicator?
2) once the range is broken old ATH should be reached, then what? 70$ top?

>> No.56357663

>>56352557
shut the fuck up

>> No.56357714

>>56352578
can someone tell me how the picture relates to the concept of survivorship bias? i dont get it

>> No.56357728

>>56357714
something about how during the war they realized that its not about the locations where the planes that survived and returned to base got shot up, it was more important to figure out where the planes that were going down got shot, to better armor those locations. Or something like that

>> No.56357739
File: 180 KB, 1267x750, file.png [View same] [iqdb] [saucenao] [google]
56357739

>>56357728

This is right.

>>56357549

It's moving averages, signals crosses, and also has a RSI

See attached - essentially a massive golden bullrun cross on the monthly that closed last month.

New all time high is certain but it could take 3+ years to reach. Most likely it will be less time however as the 5th impulse wave is the fastest (and highest)

>> No.56357740

>>56357714
the red dots are where they found bullet holes in planes that returned after missions. presumably the planes that got shot in the engines or tail end of the fuselage blew up

>> No.56357765

>>56352557

worthless centralized premined vc-shitcoin with no liquidity

>> No.56358330
File: 53 KB, 602x709, 1665603339629377.jpg [View same] [iqdb] [saucenao] [google]
56358330

>>56354033
>youngins
>Doesn't know that Unreal Tournament preceded Faglo

>> No.56358552

>>56357765
are you posting about ETH?

>> No.56358651

>>56352557
i needed some hopium..
>All TA points to a breakout up to the $25-$35 range within the next 14 days
>14 days
fuck you asshole.

>> No.56358679

>>56352557
It'd primed to go to $6

>> No.56359062

>>56358679
you mean $3. it's ending its 18 month of wyckoff redistribution pattern

just needs to stop off at $3 for some rocketfuel to make the push to $1

>> No.56359134

It may go up
It may go down

>> No.56359223

>>56358330
I don’t care about your faggot shitty Doom knock off.

>> No.56359309

>>56354037
The twominator

>> No.56360512

GOD CANDLE INCOMING. GET FUCKING READY FOLKS

>> No.56360581

I haven’t felt suicidal yet . So we have many more years under 12 dollars

Sergey doesn’t expect mass adoption for another ten years

You connect the dots

I’m so glad I stopped buying link years ago and I’m so sorry for anyone that has.

T link 2017 og

>> No.56360593

>>56360512
qrd?

>> No.56360607

>>56357739
>it could take 3+ years to reach
why more than 3 years?

>> No.56360677

Is 50K enough to make it?

>> No.56360692

>>56352557
>This is also why BTC is dumping, but Link is not
Link/Btc is actually holding up very well, it looks to be on the uptrend.

>> No.56360704

link wyckoff anon is the most potent shitposter on the board rn

>> No.56360709

>>56360704
Do you think there is any credence to his claims? I notice that link/btc is on the uptrend while other alts hit new lows not too long ago.

>> No.56360840

>>56357728
>>56357739
Its the ones that returned where you could measure the impact of enemy fire. They were fine hence they returned. You need to armor the parts that do not show red dots because those hits were fatal.

>> No.56360843

>>56360709
lol source?

>> No.56360875

>>56352966
Based

Fuck link and fuck the faggots spamming /biz/ 24/7 desperately to try to get people to buy their pathetic bags.

>> No.56360895

>>56360692
Stop looking at it.

>> No.56362584

>>56360692
>Link/Btc
at what sats price to sell link btc?

>> No.56364180
File: 18 KB, 232x226, 1695637623361725.png [View same] [iqdb] [saucenao] [google]
56364180

>>56360895
that's what she said

>> No.56364186

>>56352578
This was posted by a bot.

>> No.56364757

>>56360581
>Sergey doesn’t expect mass adoption for another ten years
Which is funny because by then he'll be done dumping on you morons and have no ability to continue the project

>> No.56366406

wackoff

>> No.56366858

>>56360581
>Sergey doesn’t expect mass adoption for another ten years
not what he said
10 years is when literally everyone is on board
doesn't mean we aren't going to moon before that at various stages of adoption