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/biz/ - Business & Finance

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8090884 No.8090884 [Reply] [Original]

This market is getting on my nerves. Is this gonna breakout or is it going to go back down to earth? Long term show a clear downtrend if you zoom out since last November. Recent price movement shows an ascending triangle however always testing around the 11.5k mark. When will whales stop manipulating the market and let natural price movements do its job.

>> No.8090925

>>8090884

There is no natural market movement. It's all wash trading. We're going up. Way up.

>> No.8090928
File: 103 KB, 1245x542, MEMELINES.jpg [View same] [iqdb] [saucenao] [google]
8090928

>>8090884
I DONT KNOW TO SHORT OR GO LONG IVE BEEN WATCHING CHARTS FOREVER THAT SCARRY ASS MEME LINE AT LIKE 11.5 WILL PROBABLY DETERMINE WHAT TO DO TREND WISE

>> No.8090968

>>8090884
Fakeout, all tards are bullish again, volume is absolutely shit, yet no one wants to talk about it.

>> No.8090996

>>8090968

Another volumetard right there. Volume doesn't mean jack shit. We've seen that before. It's gonna pick up once the uptrend gets more and more confirmed. We finna moon boys

>> No.8091005
File: 17 KB, 400x400, 2932160.jpg [View same] [iqdb] [saucenao] [google]
8091005

Oh look another retard who thinks his crayola drawings predict the future.
>MY MEME LINES AREN'T WORKING. IT'S ALL MANIPULATION GUYS

>> No.8091007

>>8090884
>let natural price movements do its job.
So 6k?

>> No.8091015

are you really that stupid you can't see how it's just smashed an uptrend after a massive wedge....

>> No.8091063
File: 435 KB, 1920x1080, btc rising wedge.jpg [View same] [iqdb] [saucenao] [google]
8091063

Rising wedge means it will probably drop for a bit hopefully bounce off the purple line and stay in the uptrend

>> No.8091079

>>8091063
aka last chance to get your shorts in

>> No.8091109

>>8090996
Moon why? Because bitcoin google trend is at its lowest in a long time? Because btc transactions are at their lowest in a very long time? Because the lightning network messiah doesn't work and won't work? Because many coins have better fundamentals? Because businesses are moving away from btc? Because bots are painting the charts? Because the SEC is subpoenaing a bunch of ICOs? Because the tether disaster is more and more looming? Because there are rumors China is going to ban bitcoin mining? Or just because some meme line tells you it's gonna moon?

>> No.8091123

>>8091063

Rising wedges mean nothing. BTC ate rising wedges for breakfast last year. Buckle up, kids

>> No.8091146
File: 191 KB, 946x863, 1520087918789.jpg [View same] [iqdb] [saucenao] [google]
8091146

Looks good to me.

>> No.8091161

>>8091109
Moon because losers like you will fomo in when they realize they missed out.

>> No.8091170

>>8091123
I think it will stay bullish overall but it needs to come down a bit and refuel.

>> No.8091187
File: 197 KB, 1751x990, RW.png [View same] [iqdb] [saucenao] [google]
8091187

>>8091063
How far down you think we'll go?

>> No.8091203

>>8091161
Wow you totally convinced me I'm going all in now, HODL TO THE MOON RIGHT LOL

>> No.8091211
File: 23 KB, 424x417, 1518783527956.jpg [View same] [iqdb] [saucenao] [google]
8091211

Predictions: mememoney is going up and down in a boring pattern until something happens.

>> No.8091223

We have had so many of these little rallies only for days of gains to be wiped out by one huge red hourly dildo .

I need 12k before I’m even mildly excited

>> No.8091252

>>8091161
>literally no argument

>> No.8091275

>>8091223
This.

I mean shit the drop from 11.7k to 9.6k was only like a few weeks ago

>> No.8091315

>>8091187
nice 1

>> No.8091362

>>8090928
Alts still bleeding, big pump or dump incoming. Strap in boys!

>> No.8091371
File: 101 KB, 1461x893, HODLtard.png [View same] [iqdb] [saucenao] [google]
8091371

>>8090884
This is a fakeout. Not to mention the low volume OP. Whales or whatever/whoever is manipulating the price is painting a picture to lure retards into FOMOing while they dump their bags. Good luck out there. I'm not gonna be interested until we at least see new highs.

>> No.8091412
File: 52 KB, 601x508, 1520051230535.jpg [View same] [iqdb] [saucenao] [google]
8091412

>>8091371
what new highs do you predict. I am holding to buy some BTC but every time I see BTC increase by 500 - I resist my FOMO. :(

>> No.8091413

>>8091187
Hard to say, hopefully not below 10400-10450

>> No.8091414

>>8090996
>Check em

Truth right here. Low volume simply means moves are unopposed - ie in this situation all the supply at a given level is exhausted. The sellers have all sold at this price level. So....up it goes.

>> No.8091417

>>8090884
>long term.

you brainless stupid pice of shit.
You are calling a 2month trend : long term.

a two month trend isnt even mid term, its a short term trend.
How you call the trend begining at 2013, or 2010,

ultra univers trend or what

>> No.8091423

>>8091371
ahahaha, so BTC is in a fake out for a whole month while doing 100% gains?

>> No.8091430

>>8091412
So.....you're waiting for it to be high before buying?

Solid plan anon.

>> No.8091435
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8091435

Monthly and weekly show a reversal though. MA's tell us where the wave is going and it's all pointing up. Decisions decisions.

>> No.8091464

>>8091412
my simple stragegy consist of just buying a little everytime a resistance is passed.

Worked out well so far

>> No.8091466

>>8091315
Why thank you

>>8091413
Thanks. I'm hoping for lower, maybe bounce off the 3 month resistance (now support) line. Between $10100 – $10300

>> No.8091494
File: 5 KB, 211x239, 92d.jpg [View same] [iqdb] [saucenao] [google]
8091494

>>8091417
>all that reddit spacing
Calm down brainlet. A two month trend of 70% down versus a one month trend of 50% up tells us it is still in a downward trend. Until this shit stops giving off mixed signals, I'm staying away from it for now.

>> No.8091504

>>8091435
>No Twist
>No Cross
>No Cloud hoovering

>> No.8091506
File: 6 KB, 180x186, 1518832911112.jpg [View same] [iqdb] [saucenao] [google]
8091506

>>8091430
No I am waiting for a big dip. Maybe I am dumb but I can't believe that in 2 days we saw 9k to 11.4k without manipulation. I am thinking whales are trying to get people in so they dump their bags on them.

>> No.8091512

>>8091466
im serious. delicious charting, puts things into perspective. Thank you yourself

>> No.8091672

>>8090884
>>8091063
>>8091187
>>8091371
>>8091435
This shit is so fake I won't be surprised if those who FOMO in now will hang themselves later.

>> No.8091689

>>8091506
>without manipulation
We would be at 6k without manipulation.

>> No.8091696

>>8091672
FOMO is the only thing keeping it up. Its begging to drop

>> No.8091880
File: 28 KB, 1326x632, tether_stopped_printing.png [View same] [iqdb] [saucenao] [google]
8091880

>>8091109
> Because the tether disaster is more and more looming?
I'll just leave this here

>> No.8092218

It's not a bull trap if it isn't believable.

Until we have a long period of sideways, I'll stick to ETH pairs.