/biz/ - Business & Finance

>>8164007

The price is being heavily suppressed.

it means me buy

>more volume than the 6000 dip
what did they mean by this?

>>8164007
if that is supposed to be volume then it's fake

>>8164007
Downward trend broken. Bouncing off the line shortly. Heading to 13.5k soon.

the price went up and then it went down

>>8164007
were going up to 12k

screenshot this

drop rock, rock go down much more
heavy

>>8164007
>I-IT'S NOT A D-DOWNTREND, OK?
>IT'S COMING B-BACK, DAMN IT!
>IT'S CLEARLY AN UPTREND! THAT'S RIGHT! IT'S GOING UP!

People are seriously this delusional.

I got out months ago and saved thousands of dollars. The "hodl" meme is the most mind-blowingly retarded concept in investing.

>hurr let's hold it as it goes down in value! That's how to make money!

>>8164007
looks like its going down

>>8164110
>>8164089
I'll give you guys a hint. It's volume... but it's not buy/sell volume. What other kind exists for Bitcoin on only a handful of exchanges?

We dump to 9,6k and moon

>>8164007
Inverted head and shoulders. Throwback almost complete.

Double top.

It means reload and max out your credit limit and dump all you got into a diverse top 8 portfolio of ratios 1;1;1;1;1;1;1;1.

Angry lizard giraffe pattern. It's a very rare bearish pattern. Price target for the pattern is the difference between the crossover of the face cheeks and the neckline multiplied by the 3.

>>8164238
longs close to ATH?

>>8164238
People are shorting the shit out of buttcoin

>>8164274
Wrong. Zoom out from your 1 hr chart dicklet
>>8164261
Correct

Whales accumulating

>>8164007
Crashing, no survivors, rising fire

>>8164284
kek'd

>>8164261
>>8164309
>only one shoulder

>>8164238
Wash trading?
>>8164303
Some derivatives are traded without buying/Selling the underlying asset.

>>8164030
What is this from?

>>8164309
I am talking about feb 10th to today. Month not hour. Perfect double top is forming.

I just noticed that the volume between bitfinex and bitmex is inverted. from the 6k dip to present, bitfinex volume decreases while bitmex volume increases... what did they mean by this?

>>8164352
>he wonders why he's poor when he can't into basic chart patterns

>>8164404
Bitmex is not an exchange. Literally.

>>8164420
how do they provide liquidity? gdax?

>>8164408
Where's the left shoulder, smart boy?

>>8164303
>>8164303
You're on the right track. Now I'll let you guys figure out the rest.

The highest volume candle since recording began has barely moved us down $1k. Total volume is now above the crazed gold rush at the peak of December, and is steadily increasing. What happens when the bears decide they like being bulls after all?

>>8164007
I have no idea but volume is looking better.

>>8164440
Left of the head where it always is

>>8164451
Yup, that's what I thought. we're doing an ascending triangle aren't we? blast off past 12k by the end of the week. Marius was right.

>>8164480
Ah the inverse quasimodo pattern.

>>8164007
another small dip coming up and then its gonna be another bull run

>>8164261
How is it still a IHS at this point? Isn't this dip way below the neckline?

>>8164451
alright but where is the floor?

>>8164451
>Total volume is now above the crazed gold rush at the peak of December, and is steadily increasing

>>8164550
(Go back and read through the thread.)

>>8164451
Short squeeze, but what if it's a stop/short hunt?
Bear will bleed.

>>8164007
I own a shit ton (only 10k) of link why do i need to know what the fuck that chart is?

We going down niggus. We will test the top of the downward channel we broke out from a week ago. Resistance turns into support and from there I don't know.

>>8164372
Bitcoinwisdom, Bitstamp all time.

>>8164434
Sort of. They calculate their indexes based on several exchanges, acting as the middleman themselves.

So is this the last short squeeze?

>>8164483
Of course he was right he is our crypto jesus AND YOU WILL PRAY TO HIM.

Also literally everyone who isn't a brainlet is expecting a bull run sometime this month

>>8164238
Maybe its a perpetual inverse swap contract?

>>8164673
I thought it was some prediction/forecast thing

>>8164007

GET THE FUCK OUTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA

volume dried up hard guys.
its over.

>>8164451
What indicator are you using instead of normal volume? All the others I've tried show up as a second window trendline.

>>8164303
>>8164451
>>8164238
Why wouldn't it be:
- Lots of bullish open interest at the sight of the second run for the IHS and the end of the bear market
- Aggressive Whales/Bots with lots of BTC take profits of this liquidity and push the price down just enough to generate long position covering/stop hunt
- Volume skyrockets as longs are liquidated or get their stop losses covered.
I don't think it's necessarily people going short but market makers going short. And I don't think they will be satisfied enough to cover their shorts until we're below 10k

Greetings brainlets
I present you the master call
Predicted days ago

so how far will we go before we go up again? 10.4? 9k?

>>8164030
TRUE IF BIG

>>8165120
this is actually good TA

>>8164007
Bull trap.
Bubble cycle.
See you at 3.5k in a month or so's time

The real oracle.

https://www.tradingview.com/chart/BTCUSD/HIIQLGOd-Try-again/

>>8165298
Thank you Senpai
I just started fucking with it 2 weeks ago, and learned by finding out what bear flags... wedges... channels etc are
Very basic TA but... simple and useful

You will make it

>>8164007
it really does look like a massive IH&S and I'm not even a fan of that pattern

>>8164007
Means we're fucked

>>8164007

>Big red volume bars

Self-explanatory. We are going down. We don't need a mt. Gox. We had an incredible bull run in 2017, 2018 will be the year of the Bear. Take my advice, you can scalp a bit on the dips, but buy and hodlers will get BTFO. Don't buy in until people aren't even bothering with this market anymore, i.e. there is low volume, a low price, and low volatility.

>>8165408
Reverse H&S failed I believe, correct me if I'm wrong, target was 11.6k for a breakout on which it dumped and now we are here.

if we break 200 ema its OVER

>>8164636
No brother. Not yet.

>>8164007
It's a chart that shows the price action like, highs/low of a certain time frame and closing prices between buyers and sellers of popular cyrptocurrency Bitcoin. It is shown on a monthly basis starting from the middle of October in 2017 and shows it's recent all time high and subsequent drop in price.

I'm gonna make it. LINK $1000 EOY