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2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance

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9259034 No.9259034 [Reply] [Original]

1. The break-out of the $9750 resistance is failing, leading to a clear double top (with which BTC has a very unfortunate history, as we all know).
2. Obvious bearish divergence on daily chart.
3. Entering an area of very high resistance and unable to get past even the very early stages of it; what chance is there at $10,000?

Wake up, /biz/. The writings on the wall. I know "WE BULLS NOW" but can even one of you give me a compelling argument as to why the above three points do not matter (and no, ad homs and "nah" don't count).

>> No.9259896

>>9259034
The next hour is crucial for Bitcoin

>> No.9259908
File: 1.96 MB, 500x282, 1510611783948.gif [View same] [iqdb] [saucenao] [google]
9259908

>>9259034
Ride the waves

>> No.9259912

Three weekly green candles often appear in sets of eight or more than less. We’re at five.

>> No.9259931

>>9259034
You know there has been a double top thread every night for four nights now? I have been keeping track and it's really funny and sad.

Take out a short and leave it overnight.

>> No.9259957
File: 156 KB, 1242x780, download.png [View same] [iqdb] [saucenao] [google]
9259957

This bearish divergence is going up to the daily.

>> No.9259958

See you at 11k bitch when they squeeze your shorts. Oh you wanna try and short again bitch? Short squeeze again when weekly macd crosses over. Thanks for taking us to 20k again. Stay broke muh friend

>> No.9259999

>>9259034
Post shot

>> No.9260158

The next few hours are critical for crypto coin

>> No.9260176
File: 3.23 MB, 237x240, 1521569716436.gif [View same] [iqdb] [saucenao] [google]
9260176

>>9259908
This site loves that pic

>> No.9260188

>Average length of a BTC bear market is 71 days
>Close outside of major resistance on the weekly log and monthly linear chart
>Talk of major institutions entering market after a 68% retracement

Stop looking at 1 minute charts. We bulls now.

>> No.9260341

op's image is him after shorting crypto with 100x leverage