/biz/ - Business & Finance

Yes. We are in serious danger of a major double top here. If we break through we should see a serious pump and this divergence should disappear, but if we don't, and that's looking likely, it's going way down.

Last time we had a bearish divergence on the daily.

read my hand fucking idiot

>>9250723
I noticed this yesterday too. Be very careful.

Weekly is still good for bulls. We're not crashing like we did from 20k

>>9250723
Another day another retarded TA thread.

>>9250723
bear wick above 10K should get those "breakout" calls

from what ive noticed divergence only has a small immediate effect. like that divergence predicts the dip from 9700 to 9500 or whatever but doesnt really effect future price moves

great for scalping, doesn't mean we're goin down overall

>>9250974
When it happens on a bigger time scale like 1d, you have to be careful.

>>9250941
Another day another retarded TA hater reply.

>>9250913
Even the weekly is bumping into the middle bollinger band.

>>9250723
ETH-USD is looking very similar regarding bearish divergence.

It would require a massive pump to invalidate these conditions.

>>9251151
The best way to determine the direction of the market lately, is to ask yourself who get's fucked the most?

Everyone was shorting, it was a new paradigm. Whales pump btc 1600 in an hour. Everyone is liquidated. Bears continue getting picked off up to 9k. Alts have been popping for nearly a month and there's enough liquidity for whales to exit back into BTC richer than before. Now the question is, do they pump btc before dumping into fiat and taking profit, or do they dump it immediately?

>>9251275
they want that breakout, 11k then create that fomo then dump it. The chart just looks textbook

>>9250723
Divergence on every time frame, 30 min crossing 50 RSI. Thank you kind sir.

biz would be a better place if you TA faggots leave, since 7k you guys predict a major dump. You are pobably the same retards who suggested to sell at 10k before btc hit 20k.

>>9250723
Don't threaten me with a good time.

>>9251340
Let's do this. Just started laddering some sells...

If I had a fucking nickel for every TA retard on this board (they come and go weekly; those "3k, 5k still in play" fags; just lul) I'd be a rich senpai

>hey guys I've noticed a bearish divergence yellow spotted toad pattern forming after my 30 hours edging myself to the charts, I'm pretty sure it will go up down or sideways soon

>BART SIMPSON'D

Get fucked TA fags

>>9251367
Doubt we go that low, just a nice little dip to retest some support then back up. The amount of money that has entered the market recently is a great bullish indication.

>>9251395
what about the "money that entered" last bulltrap to 11.5k?

almost identical numbers, from 250 bil mcap to 500

and a lot of that isnt new money, its just people moving btc to alts which increases total mcap even though theres no new money.

>>9250723
TA fags are the eternal goal post movers.

>>9251765
>and a lot of that isnt new money, its just people moving btc to alts which increases total mcap even though theres no new money.

Only fiat buying coins make the mcap go up.