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File: 123 KB, 991x541, btc.jpg [View same] [iqdb] [saucenao] [google]
7198451 No.7198451 [Reply] [Original]

We broke critical support. Blue trend line on the .236 fib is the next support. 7k (red target) here we come.

>> No.7198497

Back up from 7500, yawn... Finally

>> No.7198512

This is looking like some juicy pit of despair purchase op

>> No.7198550
File: 392 KB, 625x393, Nonsensical_Lyrics_The_Killers.gif [View same] [iqdb] [saucenao] [google]
7198550

>> No.7198583

Also Fib is upside down!

>> No.7198598

>>7198451
Can you really draw lines like that on a log scale? Shit gets a little funky. I think you'll find we bounced right off support if you switch to linear.

>> No.7198651
File: 57 KB, 645x588, 1506106841150.jpg [View same] [iqdb] [saucenao] [google]
7198651

>>7198451
>>7198583
>>7198598
>muh support lines

>> No.7198709

>>7198651

You faggots think they're meme lines, but in reality 90% of the trading is done by algo bots... and these bots use fibs as a major part of their algos to chart buy and sell points. Why do you think the charts trace to fib lines... magic? Do you think all this trading is humans pressing buttons? See you at 7k.