/biz/ - Business & Finance

>>7413837

Shorts opened.
What is the bottom indicator?

>>7413837
Not going to happen

>>7413837

what is an inverse head and shoulders on the 4hr chart?

>>7413837
yep already preparing

>>7413918

ADX + DI

>>7413947

What is your chicken bone chart patterns are garbage compared to market indicators tracking trend velocity and actual price support.

>>7413837
aaaand it's happening

>>7413837
This is dumber than muh dead cat bounce

>>7413994

Thanks. I don't know them, will learn.

Pic related is my analysis and position.

>>7413837
Holy shit is that the infamous sick hippo belch followed up by a nagging crow? If the 10.5626 interval doesn't match up to the corellian line in the next 2.5 hours we are screwed.

>>7414110
yea keep trading on your gut feeling and reddit shills you moron

>>7413837
I'm comfy in my little short

Basically the bottom indicator is just showing that this "bull trend" has no actual support and is a completely false breakout, like the other times on the chart that there was no actual price support on "bullish" movements that turned into massive sell offs.

Sorry kiddos.

>>7414204
Happy for this low quality lazy fud :)

>>7414204

I assume that in actual bull trend, the green line would be higher?

>>7414204
What are you saying? Price will continue to fall?
Some papers were reporting yesterday that the "expert economists" had calculated that BTC was worth roughly $4500 without the potential bitfinex fraud.

>>7413837
Look at the volume you fucking retard

It seems to me that some people on /biz/ absolutely refuse to acknowledge that price action moves in impulse - retracement waves. We've reached the retracement.

>>7414149
your life line is very long, you're going to live a long life

but your marriage line is short, you are going to be alone for most of it, sorry

too many longs opened
i don't believe whales will just let them be

YOU DUMB CUNT!

THE USA JUST SAVED CRYPTO TODAY AT THE SEC!

IT GONNA.MOON JARD THEN ILL SELL IBTC AND FUCK A HOT CHICK.

>being assblasted you missed the bottom

US government saved crypto yesterday

We will be 8.5k be end of day screen this

>>7414258

Yes, but most important is the black line, which is measuring market velocity. There's almost no velocity in this "bullish" movement, which means it's a false breakout.

>>7414261

> Price will continue to fall?

I'm trading LTC, for the last few days there is a consistent pattern that each top bounces off at most 76.4% of the previous peak, and most often 50% of the previous peak.

At this the price is flattening out near the 61.8% fib line, so I expect that it will begin sliding at any moment.

Pic related in >>7414094

>>7414277

Yeah, all that volume about to be dumped hard on by the manipulators looking to cash out on another batch of retards.

>>7414400

Double dubs...

>>7414422

Consecutive double dubs...

We're in for some major shit anonbro.

Hold on to your butts.

>>7413837
>still using TA in crypto
kys you fucking autist

>>7414400
>>7414422

What. the. fuck.

>>7414358

Thanks!

FYI I'm a retard who started in December, but my goal is not to get rich but learn trading first.

If Dow opens on a large negative and burgers are feeling scared this is going to be taken advantage of so hard. I think this could be the fake psychological pump necessary for a larger dead cat bounce however. 9k very possible if people don't question this run.

>>7414296
>MOON JARD THEN ILL SELL
that exactly describes current market sentiment
everyone just want to sell higher, especially people who were trapped in previous "recoveries" and above 10k

If I get dubs I will punch my bed head hard.

and we are over 8000
Thanks for playing op

>>7414400
>>7414422
>>7414488

WHAT THE FUCK IS HAPPENING AM I ON ACID RIGHT NOW?

>>7414150
A little less comfy now

>>7414400
>>7414422
>>7414443
>>7414466
>>7414488

What the actual fuck...

Kek is with us. He knows.

>>7414495

That is pretty meaningless if you understand what OP is saying. When actual volume starts to hit the market when people wake up they are going to test this price. If it is fluff like the chart indicates it's back down to prefluff and possibly damaged further.

>>7414400
>>7414422
>>7414466
>>7414488

How do I calm myself down staring into the face of a Chaos God?

>>7414488
Are we going to 6 FUCKING K?

>>7414557
Oh yeah its complicated and stuff

>>7414488
How do I upload a video here. Just punched it at like 80% power.

What the fuck is this the DubbPocalypse?

>>7414516
I appreciate and got a chuckle from your update. However, if you get liquidated, I hope you are OK money wise. Good luck out there.

We've got time until Friday.

>>7414603
liquidation's at 12k, which won't happen right?
RIGHT

>>7414646

lol, fuck no man.

BTC will drop, but utility coins are going to stay up. Watch it happen, screencap. This is the day BTC stops deciding market trends.

>>7414646
My mom said sell target is 9k.

>>7414646
Definitely not. I'm bullish, but watch the RSI to catch the next dip -- whether its above or below current price. Then make your next move :)

>>7414674
Well last night I longed at 7k and got liquidated in the millisecond it dropped to 5.8 so I'm prepping the noose

I don't know shit about market economics, but my gut tells me that these wild variations in volume and the sudden spikes are an indication of something about to go down.

I'm not nervous about selling my meager amount at 6250 and 7350.

BTW anons, actual resistance is $8200, watch for it to stall there. We might poke above it momentarily, possibly as high as 8500, but it will fail to break through. USA is going to wake up and sell into this hard.

>>7414719
HEY. DO YOU OWE TAXES FOR LAST YEARS CRYPTO? CASH OUT THAT AMOUNT FIRST. NOT EVEN FUCKING KIDDING. DONT GO TO JAIL OR BECOME A DEBT SL

>>7414719

Trading margin is a fools game.

Do you faggots not understand that psychology of the market is way more important than technical analysis. The United States just gave crypto the green light, fomo in now before the USA is up or you're fucked

>>7414753
I am leveraged like ~1.5x

comfy being long 10BTC in mar 29 futures, kek

>>7414773
and Robinhood is about to go live with crypto
and Bittrex is adding Dollar pairs
and Coinbase is turning on Segwit

and thats just this week

>>7414773
This. Us burgers aren’t going to sell we’re probably more bullish now than ever before. This shit is going to to fly today.

>>7414753
I got greedy last night and upped it to 10x. I even transferred more btc over before I slept to make it around 5x. I mean the sec reports were out and positive whyyyyyyyyyyyy

>>7413837
Look at the volumes you fucking moron.

>he thinks the crash isn't over
Holy shit this is great. Have fun buying back in at $20k.

>>7414773

> just gave crypto the green light

You don't have any actual clue what you're talking about.

>>7414854

What, in your childish mind, does that portend to? Looks to me like volume is falling off rapidly and that there's no actual price support to this "bullish" movement.

>>7414854
Gee everyone's asleep...
Look at the volumes...
They are going to turn this shit up to 11

>>7414744
They're going to be rounding up bodies if they try this. Also judging from today's hearings, the people in charge barely know what a bitcoin is

>>7414350
We're already at 8100

>>7414886
Just broke $80 over the ma99 1 hour on Binance. We launching!

>>7413941
just like it was never going under 6k,
kek enjoy your giant shit coins

>>7414897
Lemme correct you anon. It's been 30 seconds

8200

I hate all of you so god damned much and I hope you lose as much as humanly possible on this shit. You faggots ruined /biz/.

>>7414928
but the meme lines say it will <5k REEEE

>>7414897
>>7414897
>>7414928

Resistance was always going to be 8200,if you read IM cloud you'd know that, and we're testing it now. It will probably fail 8200.

Which btw doesn't mean it won't go above 8200 you idiots, it just means there's no actual price support to keep it established over 8200.

>Two redditspacing script niggers have spent half the thread jerking each other off.
End your fucking lives you disgusting pajeet discordfags.

>>7413837
fishy cunt TA faggot doesn't know that news and world events control prices, not faggotry like lines on a graph. you are a fucking mongloid op, trisomy 21 confirmed

>>7414982
Eat a dick.. America is running this shit now and the Sec told us to buy!

Let's see where we are next month, while you mastubate over 5 min charts tard.

Guys my dick is hard from cryptosporidium. Is that gay?

Gonna out 1 BTC outdoor and fuck heaps of girls.

>>7414982
>IM cloud
?

>>7414597
POST THE VIDEO

>>7414982
>Ichimoku cloud

I'm so tired but I can't sleep until I see this correction

>>7415025

ichimoku

Rolling to confirm that we're going back to $5k

how do I learn this shit op?

>>7414982
You people are absolute fucking retards. You bullshit on with your technical but seem to forget the price will go up if there are more buyers than sellers.

>>7415160
but then you see it in the charts

after it happens

>>7415160

That was the most retarded analysis I have ever heard. Thanks

>>7413837
Is this a new MS Dos game? What do the lines mean?

>>7415217
It means that the anon has the ability to draw lines.
My girlfriends aunt does the same with tealeaves

the fud is getting more pathetic everyday.

>>7414875
>You don't have any actual clue what you're talking about.
Nice argument just sold 100k

>>7415066
Dont worry anon, Americans will save you soon

>>7415441
They will destroy everything we’ve accomplished over the last few hours

American here, we are ready to grab as many bags as we can. Strap in boys

>>7413837
adx doesnt always mean price going down, retard

>>7414557
>when people wake up
please stop it with this shit

>>7414557
Actual volume catapulted us yesterday to where we are right now.

it's happening, 6k eod screencap this

>>7416062
DUDE!! Shhhh


LINES bro LINES!

eurofag here
I bought a shitton of bluechips on the last crash
if this goes down to 6k Im buying more. get ready to sell me your bags at a discount you cucks lmao

>>7416272
Sir you are not allowed to make salient points in this thread. The OP specifically started this thread to FUD.

>>7414594
HOW?

I'm still new to this, but if I got it right, people are riding the wave of both the dump buyings and the US's "we can't make it go away" Senate hearing. I was expecting it to hold for a few hours at least, what exactly can make it dip?

>>7414149
every major drop in price has coincided with an independent major news story you collosal retard

>>7413941
>>7414897
>>7414928

>>7416623
Do not pass go, Do not collect 1 million Dollars
They rest of you get to be rich