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/biz/ - Business & Finance

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9048164 No.9048164 [Reply] [Original]

This rally's reached its apex. $9000 couldn't be defeated despite repeated tries. BTC finally gave up and the ascending triangle accordingly broke downward. Expect retracement to the daily rising wedge's lower support at about $8650 in the short term. If that fails (likely - rising wedges are bearish, and even the nested bullish rising triangle broke downward) then we're going back to the critical support level of about $7950. Better hope that holds.

>> No.9048198

So why do you assume continuous downwards momentum?

I think every shithead who posts TA on this board ought to include a screenshot of his current position. Sick of the shilling disguised as objectivity

>> No.9048215
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9048215

>ta works in crypto

>> No.9048239

>>9048164
Bruh you're supposed to match support and resistance lines to actual prices tested on the candles. You don't just draw lines however you like and call it TA.

>> No.9048250

>>9048198
>shilling
>regarding BTC

Do you want to elaborate because I'm totally confused. Why in the world would someone shill /biz/ about BTC going up or down and think that the result of that shilling would have ANY effect on the market?

>> No.9048292

>>9048164
the fuck is this TA? you've literally just drew two lines in arbitrary places.

>> No.9048303

>>9048292
That's all TA is.

>> No.9048359

>>9048164
>a few artificial bounces against 9k means a crash

Anon, TA doesn't work here. All that matters is spotting manipulative vs organic trading.

>> No.9048402
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9048402

>>9048359
>implying a handful of green dildos are 'organic' trades

>> No.9048423

>>9048250
retards from bitmex believe they are the sole controllers of the market

>> No.9048541
File: 74 KB, 1444x693, ta1.png [View same] [iqdb] [saucenao] [google]
9048541

>>9048164

>> No.9048566
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9048566

>>9048164
-

>> No.9048583
File: 81 KB, 1446x1148, ta3.png [View same] [iqdb] [saucenao] [google]
9048583

>>9048164
--

>> No.9048589
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9048589

>>9048541
>>9048566
kek just kill yourself faggot
fuck your tea leaves reading

>> No.9048591

>>9048303
yup

>> No.9048620
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9048620

2 million dollar sell wall at 8900 have fun!

>> No.9048625
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9048625

>>9048164
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