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/biz/ - Business & Finance

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6796089 No.6796089 [Reply] [Original]

it looks bad, doesn't it? should I sell now and come back later? it is ig going to pick up now and fuck me in the ass?

>> No.6796853

>>6796089
lol using 2 parallel lines to do TA as if it means anything. most of the market flow is artificial so TA isn't reliable. no, i think 11k is our bottom for a while. i think we're going to pick up heavy tomorrow to the next few days.

>> No.6796904

>>6796089
Oh boy. Better join the discord group for some real TAs. And they are indeed reliable, contrary to what >>6796853 thinks.
https://discord gg/Z8P8VJp

>> No.6796928
File: 35 KB, 645x645, IMG_20180120_154659_157.jpg [View same] [iqdb] [saucenao] [google]
6796928

>drawing lines on a chart and thinking it means anything

>> No.6796950

>>6796904
fuck off pajeet

>> No.6797003

>>6796853
well I'm just saying it broke the upwards trend we had going on for good

>> No.6797035
File: 296 KB, 1449x811, btcchart.png [View same] [iqdb] [saucenao] [google]
6797035

>>6796089
btc should be around 12k within the next 2 days according to my analysis, after that a bullish trend should follow with possible 14,5k in approy a week

>> No.6797260

>>6796853
lol no
volume has been increasing during the dips, showing the current downtrend is intensifying

>>6797035
if the downward trend was reversing, there would be a large amount of buy volume
instead, you can see that volume remains low while we are consolidating after a fall

>> No.6797729

>>6797260
it is reversing though, we just hit 11.5k BTC after consolidating around 11-11.3k all morning and afternoon. i highly doubt we'll ever break 11k and 10.5k in the worst case. i think we'll be back to 12-13k by tomorrow night.

>> No.6797744

>>6797260
That means the another drop soon. Because there is no faith in the coin. Nobody is applying an upward pressure.

>> No.6797821

>>6797260
look back at most of the major dips and you will see that volume spikes as price reaches the bottom, then dies down as price increases

>> No.6797855

fuck charts.

buy as many cryptos as you can for another 3 weeks because once chinese new year passes money will flow into this like crazy. Load up now on any project you like because prices will be 40% higher once the chinese join us again.

This is especially true for projects like ven, walton, int, itc, etc.

>> No.6797899
File: 48 KB, 500x361, echo.jpg [View same] [iqdb] [saucenao] [google]
6797899

>>6796089
People draw lines but whenever the trend line is violated they dont know what it means, should enter long or short. Powerful lines

>> No.6797956

>>6797260
>volume has been increasing during the dips, showing the current downtrend is intensifying
uhh no it hasn't