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/biz/ - Business & Finance

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File: 148 KB, 1597x797, Head And Shoulders.png [View same] [iqdb] [saucenao] [google]
9039808 No.9039808 [Reply] [Original]

The chart speaks pretty clearly. I mocked up a possible MACD path as part of the forecast. It is possible that the H&S just formed naturally after the short squeeze and it will drop down on its own. Or could get jerked around by some whales (inb4 TA is worthless). Look for this to break in a day and if it doesn't I'll call myself a fag.

>> No.9039830

Is this a joke? Less than half the pattern is there.

>> No.9039833
File: 41 KB, 256x256, latest[1].png [View same] [iqdb] [saucenao] [google]
9039833

It's called a Lisa, pleb.

>> No.9039840

>>9039808
>I'm going to trade the most popular, highest volume coin with the most popular and used indicators. Certainly nothing can go wrong.

>> No.9039856
File: 34 KB, 500x500, 51aK47dksCL.jpg [View same] [iqdb] [saucenao] [google]
9039856

>>9039808
>I mocked up a possible MACD path

>> No.9039875

>>9039808

so according to your image it is nowhere near a head and shoulders at all right now?

>> No.9039878

>>9039830
It is a forecast. We are not breaking 9k with anything resembling confidence. H&S is a reversal pattern, and we had a huge bump to reverse. There is the MACD and price action bearish divergence that makes it more likely than not (but not a guarantee) that the price will drop.

>> No.9039891
File: 112 KB, 600x800, 1517078974349.jpg [View same] [iqdb] [saucenao] [google]
9039891

>>9039830
>Is this a joke?

>> No.9039896
File: 83 KB, 1024x1017, 1523322737064m.jpg [View same] [iqdb] [saucenao] [google]
9039896

>techical analysis

>> No.9039905

>>9039875
If we bounce off 9k today it will look a lot like an H&S in 24 hours. We have the decreasing MACD with bearish divergence. We have strong resistance as a reason we would bounce off.

Of course, there is a chance we would blow right through the neckline but I don't see that happening.

>> No.9039920

>>9039878

I hope you understand, although Im sure you do not, but hopefully will one day will understand... how fucking stupid this is and how stupid you are

>> No.9039932

>>9039905

see above if you would please

>> No.9039933

>>9039896
What do you think biz should be for? What are the post you like to see the most here? I enjoy the slut posting and the wojacks, and some TA. Almost everything gets shifted through.

>> No.9039948

>>9039920
Do you want to hear the gospel of Jesus?

>> No.9039949

It's the weekend, prices always go down slightly and there is always less volume/price action on Sat/Sunday.

This was evident when we crashed about ~$20bn on Fri/Sat, and now the price is edging back up as Monday approaches and people come out of tether.

Moon tonight or Monday, you can do what you want tho.

>> No.9040007

>>9039949
Prices often go up on low volume as much as they go down so your comment could cut either way depending on what you wanted to see.

>> No.9040035
File: 152 KB, 1597x797, OP.jpg.png [View same] [iqdb] [saucenao] [google]
9040035

Your analysis of your member is incomplete OP. I've completed it for you.

>> No.9040062

>>9039808
I have mocked up the tea leaves and the tea bag should be squeezed because virgo lined up with the sun and moon recently. I recently adopted a dog to shit in my shoe so i can analyze that too, and it says the same thing

>> No.9040731
File: 68 KB, 1024x550, jewinternet.jpg [View same] [iqdb] [saucenao] [google]
9040731

>>9039808

does it have a large nose as well?