/biz/ - Business & Finance

Prooooove it!

>elliot hulse theory

>>7469157
And BOOOM news fucks up your prediction
Enjoy being liquidated.

Reminder to not trust any TA fag that doesn't not show his LEVERAGED positions that concur with his analysis.
If he doesn't trust his money with his TA it's because it's not worth a damn.
>"but I don't like gambling"
So TA is not that solid if it's a gamble for you then?
Anyone can hold, not everyone can net profits on leverage and avoid liquidation until cashing out, it takes real skills and balls, because you can not afford to be wrong or you'll lose all your money, unlike when you're not on leverage.

so you broke out of your shitty triangle by like 50 pips and you think it means something, look at that triple top you got going on there

>>7470484
not reading

Who the fuck is buying at these prices?

>>7470753
Fomoers who sold at 6k and are realizing that its not coming back down. Whales who sold at 20k and are getting ready for the next parabolic run.

>>7470873
>Whales who sold at 20k and are getting ready for the next parabolic run

This

It's a fucking fire sale - people were just seeing if they could FUD it lower.

>>7470873
This man gets Laid, I'd listen to him

>>7470629
He's right you know

Not so fast, we need to break out of the 8.5k resistance and we won't do that until binance re-opens. Nobody will put money into BTC knowing that there can be another goxxing in 4 hours but at the same time everyone has seen the uptrend and doesn't want to liquidate the position. This results in a sideways movement getting closer and closer to resistance, which will be broken once the news come that everything works to perfection.

Any time there are news coming you'll notice a similar pattern (unless it leaks out or something)

>>7470948

shitheads on reddit and biz say this every single time any coin drops

>>7469157
lolololol... wut thought it broke 9k, it barely went past mid where its been snakey snakey,,,it'll continue that way.../biz-nance/ floodgates hasn't even opened up yet...
>forgets while /biz-nance/ was open down 7k, -> /biz-nance/ shutsdown goes 9k
think about that...

>>7469157

>>7469157
Ok you are crap at counting waves

>>7470873
AAAAAAAAAAAAAAAAAAAAAA HAHAHAHAHAHAHAHAHAHAHAHA

Only skilled day traders or absolute retards are buying over 5k.

>>7471471
>>7471423
@Philakone

>>7471497
>Only skilled day traders or absolute retards are buying over 5k.
I read that as skilled+retards

>>7469157
are you guys serious with these meme lines?
this market is volatile as fuck , every fart creates unpredictable waves gtfo coinstradamus tarot readers

lol no

>>7471128
>>7471326
Binance isn't getting goxxed; one can clearly see their wallets still have funds. They have about 180k ETH and 90k BTC. Only idiots who didn't check the wallets (which are on the first page of both rich lists) fell for the FUD.

TA doesn't work.

Proof: If it did you would be rich by now.

Further proof: Link one of your correct predictions. You can't, because you won't find it among the equal number of wrong ones.

>>7471762
just wannabe traders playing games, crypto currencies come out and suddenly everyone is some kind of hot shit day trader

>>7472844
Ta can work, but most ta is retarded. I predicted the bottom a couple days ago using basic ta.

>>7472984
but that first mark isn't the end of a crash and the sentiment was the exact opposite of how it is now.

I'm not a bear but every time I see this chart I always wonder why people think the two are identical. Comparable? Sure.

>>7473109
That was a 40% correction which many people were calling the popping of the bubble. Sentiment is irrelevant, don't ever mix TA and FA. TA is based on historic price patterns and nothing else. It doesn't guarantee anything, it just provides signals so you can make better than random decisions. Fundamentals can easily change and over rule the signals.

>>7472984
so basically the 300 day moving average was the support?

>>7469157
>Haejin lee

feb 25th, big boom to moon

look at these idiots. all i can say is i told you so.
all i heard was
>weakhanded cuck who sold you can buy back now or fomo in at 10k

now look at you idiots you guys never fucking listen never

>pic related every god damn time

>>7475105
I can't predict the future but what's happening now looks like just a dip. Same as what happened 2 days ago. It's already going back up.

>>7469157

not before retesting $7k first

>>7475299
i can already tell you its not a dip. it didnt even break 8.5k the momentum is over. this will start heading straight to 6k again

It's gonna retest 6k support once more

If you like your money tether up now guys.

>>7475438
But not now, bears are not that retarded. They will let idiots buy some more up to 9k and then just them like germans justed french. It will go straight to 4k

>>7469157
Jesus is this 5 minutes candles? The utter state of /biz/

>>7470629
what they say about american attention spans is real I guess

>>7475528
I revise my guess to 1 hour. Still terribly low timeframe.

>>7475400
>it didnt even break 8.5k the momentum is over.
I doesn't have to break 8.5k to kill momentum. A lot of people were waiting for a dip to buy in. I'm seeing very high buying volume on GDAX.

I could be wrong, though. If this keeps falling for more than 3 hours and if it dips below 7.6k you might be right.

>>7475400
I wonder when all the people who got JUST'd shorting at 6k will finally admit they were wrong

>>7476213
>shorting at 6k
If you short an asset after it loses 70% of its value you don't deserve to own your money.

HEY HEY HEEEEYYYY

>it's going up again

>>7476566

Greed and stupidity is a nice mix

>>7470155
KEk

>>7475400
We've been rejected by the Pink Wojak Line.

>>7475666
>less than 200 BTC
>very high buying volume

>>7475400
why are you still here idiot