/biz/ - Business & Finance

>>8002306
mmm?

>>8002306
>>8002361
who will win?

am i retarded or does it look like we're completing the right shoulder?

>>8002509
i see it

>>8002553
where the fuck do you see it?

its going to crash screenshot this

>>8002716
thanks for the buy signal

>>8002716
Just bought 100k!

>>8002509
>>8002553
you're retarded, but you're also correct

>>8002716
U will cry in your pillow tonight

It still needs to establish a support on 5.9

>>8002361

>>8002509
The oracle was right

>>8002716

>>8002306
delet dis

>>8002716
opening up a long rn

>>8002731
>buys before a crash
Yep this is /biz/

>>8002589

>>8002871
Bitcoin historically has never tested it's base support more than once.

Completion of the dinosour/camel hybrid pattern followed by a time-reversed beall market.

>>8002871
6k seller detected

>>8002980
ow, I have lower back issues, why would anyone post this? You are a sick fuck

>>8003041

Nu-bull detected

>>8002774
>>8002509
>>8002553
>>8002981

You don't call an inverse H&S until it's much closer to completion.

There's a couple possibilities for where we're at right now:
>Wave 2 in a correction down to 8.8k if below
If this is correct, we will fail to break 11.5k within the next few days.

>We are still in a downtrend and are in the 3rd wave of a 3 wave correction upward i.e.
>>8002910
A break above 11.8k would be a sign to buy back in once a correction has confirmed support above 11k. We would probably go to at least 14k, based on how large the first wave was.
>We are in a new uptrend
This would be confirmed by BTC breaking above the high set by the 3rd wave.

>>8002716
you're a fucking retard

>>8002509
you're retarded.

I love you new 'traders' who have been in the game for less than six months. Everything is a head and shoulders, or cup and handle for you.

do u guys not realize whales manipulate the price right before a crash. i mean look at the last crash its fucking obvious. same pattern of rising with single large green candles

>>8002716
kay
time to long BTC

>>8002716
Thank you, just bought 100k.

>>8003097
Still less painful than buying high and selling low

>>8003218
>no date or y-axis
>no visible crash

What is this data?

>>8002361
Bear flag?

>>8002774
some good ole MagicPoopCannon

>>8003258
feb 20th and below

>>8002306
Hmmmmmm

>>8003272
yep, just one of the many inverse H&S charts from the last week

>>8003024
CUTE!!!

>>8002306
ok someone explain the joke to me please. why is drawing lines with paint on a graph mean anything?

>>8003361
Read "technical analysis of the financial markets"

>>8003303
Hmmmmmm indeed

>>8003218
>5min chart

Low iq anon spotted

>>8002716
just opened a 100x long 650btc worth
witness me

>>8003303
lol your line is off.

>>8002306
for the rest of you, it's pretty simple. based on the major downtrend line, in every previous case, when price touched this line, there was a large sell off afterwords. this time, there was only a small dip before a second approach showing strong signs of bullish sentiment at the current time. the duration of this bullish sentiment is indeterminite.
combine this observation with the correlation of large volumes at the bottoms of movements and even larger volume at the last major bottom, it shows that the last bottom is the current floor, and another large bottoming out of the magnitude we saw during the downtrend is unlikely. this is another indication of bullish sentiment, or at least, that there is no longer overwhelming bearish sentiment, which means you can find a good range to make safe trades in, and have a few good points to speculate from.

>>8003024
underated

>>8003162
I regret making my earlier post because it makes it look like TA is useful. Its not and kys

>>8003709
I hope for your mental safety.

Now prove it.

>>8002716
kill yourself Omegafaggot

>>8003709
if you got in at a decent low, that has a decent chance of making you a lot of money, you just need to know when to cut and run

>>8003158
Good info, thanks for writing it up

>>8002361

>>8005034
no no noooo