/biz/ - Business & Finance

From here btc can either:
-continue to range in the triangle
-move to the next fibonacci level

If we look at the parabolic growth in 2013-2014 we see alot of similarities:
(tradeview chart):
What happens after a parabolic bull run? Lets take a look (2014)

- crazy bullrun untill end of the year
- then a simmilar bear market with bounces on the fib levels
- death cross on daily
After last parabolic run we bounced hard of the 0.236fib level. Yesterday (29-3) we broke with a big red candle through the 0.382 fib level.
This would give us a short target of 4680 at the 0.236 fib.

Not selling in January was the worst decision of my life

https://www.tradingview.com/chart/BTCUSD/iVksylfk-Support-found-on-trendline-MOON/

lol

>predicted every bottom and top
> first chart i open SUPPORT - MOON
>chart completely wrong

>>8652971
lmfao

>>8652740
Why do all of you faggots make your charts so difficult to read? Would it kill you to have some professional presentation in your work? It's like you're all just kids messing around in mspaint.

>>8653046
This is perfectly readable you dumb normie.

stop cross advertising your thread pajeet.

>>8652924
meh

It was a bad decision but I can live with it

So at what price range short, 7-7.2k?

>>8652971
Yes i made a bad trade also lmao. Thats what happens.
The analysis in the chart i shared is clear as a crystal.

>>8653046
bitch please, you want unreadable google 'philakone'

>>8652740
The upper memeline is all fucky, how did you came up with it?

>>8652740

thanks ranjesh just started using your TA and I’ve already lost 200k

>>8653417
Do you even know how a logarithmic chart y axis works?
This is the chart when its on a normal axis.

>>8652740
>that approximative fib touching
>sometimes mid body
>sometimes tail of wick
Where is PoS/PoL? (Proof of Short/Proof of Long)
Reminder to not trust any TA fag that does 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 shit.
>"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.

>>8652740
>memelines on wicks

>>8653620
>not doing memelines on wicks
what the fuck is the point

most of the important price action and volume occurs on wicks you brainlet.

Ok op, now tell us what the fuck btc is aboutbto do. Also LINK. Thx

>>8653417
>>8653540
This is why i used the logarithmic chart.
It gives another clear support channel trendline(purple) that was broken once which triggered a huge sellof.

Tell me what's gonna happen. I'm not sober right now so I'm gonna short or long everything x50 based on your response.

How come when I click the play button on tradingview nothing happens except a zoom in? I have javascript enabled since I don't fap to TOR CP anymore since 5 years ago but still nothing happens. I don't understand these charts senpai.

>>8654351
you've been backtraced

>>8654492
aaaaaaaaaaaaaaaaaaaaaaaaaaaaaa

>>8652924
me too
from 1 million to 120k
kill me
jobless neet

>>8653231
Holy shit man, shut the fuck up. Stop lying, you didn't 45x your position.

Every TA nowadays. IT can go up or it can go down, Wow what an analysis

>Another fucking oraclefag thinking he has the golden goose by getting lucky
Where do all these larping tripfags come from?

>>8652971
lol

>>8655043
Kek

>>8655043
lmao, hope he got liquidated

How do you not get barted?

>>8652740
i can't wait til it gets to the tip of the triangle so we can either all get rich or shut the fuck up

>>8653046
Not nice looking enough to repost for upvotes, hm?

>log charts