[ 3 / biz / cgl / ck / diy / fa / ic / jp / lit / sci / vr / vt ] [ index / top / reports ] [ become a patron ] [ status ]
2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance


View post   

File: 78 KB, 1558x911, btc.png [View same] [iqdb] [saucenao] [google]
9860613 No.9860613 [Reply] [Original]

>there are actually people trading BTC that don't know about 'THE line' on daily timeframe and why it matters so much

I swear to god the absolute state of this board

>> No.9860630
File: 32 KB, 645x729, 6b7.png [View same] [iqdb] [saucenao] [google]
9860630

what is that? 300 day MA?

>> No.9860638

>>9860613
Ok then faggot tell us why your meme line is more important than the other meme lines

>> No.9860643

TELL US FUCKING NIGGER OR SHUT THE FUCK UP

>> No.9860649

>>9860613
>TA
kek stay poor

>> No.9860660

Who puts volume profile on the left side of their screen, you animal

>> No.9860669

>>9860660
he doesn't know what he's doing, let him be

>> No.9860670

>>9860613
Strong support at 1k

>> No.9860672

>>9860613
What is that green line? Like a ten year moving average? kek

>> No.9860673

>>9860630
Nope, but it is a generic line where all algos from bigger firms jump in automatically (including all other markets and assets), since it is seen as the last support or as the new resistance.

In this case, BTC finally broke it and it will act as a strong resistance from here on. We are going down to 2k$ and then a year or so from now on the new bull rally can begin.

>> No.9860697

>>9860660
>>9860669

I look at it for the region I want to look, not have it on the right side of a screen like a worthless pleb. Fixed range = not being a retard

>>9860672
Green line is line form the Volume Profile and where the most buying happened in this section. You can see how firms accumulated at 1k$ and then sold into your stupid asses lmao.

>> No.9860701

>>9860673
thanks, I learned something. that's comfy as fuck desu, my fiat is waiting. can you imagine? loading up on 20btc before the next halvening and subsequent andromeda mission

>> No.9860745

>>9860613
400 ema

>> No.9860759

It happened at 2 dollars then my Gox
Were done
No more

>> No.9860766

>>9860745
nope

>> No.9860782
File: 87 KB, 1555x909, BTC2.png [View same] [iqdb] [saucenao] [google]
9860782

>>9860660
As said, only plebs use Visible Range and not Fixed Range like a true Da Vinci.

>> No.9860886
File: 141 KB, 1348x698, N1NVxjIT.png [View same] [iqdb] [saucenao] [google]
9860886

>>9860766
if it's not the 400 ema, it's identical to it

>> No.9860899
File: 91 KB, 1687x975, 3xDbKUIo.png [View same] [iqdb] [saucenao] [google]
9860899

this is the future

>> No.9860920
File: 82 KB, 1558x907, BTCweeklyand2014graphover.png [View same] [iqdb] [saucenao] [google]
9860920

it's not, but I guess it works the same.

NOW LET'S SEE WHAT HAPPENS WHEN WE PUT SAME LINE ON WEEKLY TIMEFRAME AND OVERLAY THE LAST BULL RALLY WITH 2014 RALLY?

SPOOKY BTC, ACTING LIKE SPOOKY BUBBLE AND CYCLE

>> No.9861067

So should I get the fuck out into fiat, basically, and how much longer do I have before I lose half my portfolio?

>> No.9861142
File: 8 KB, 250x221, alert animation.gif [View same] [iqdb] [saucenao] [google]
9861142

>>9860899
checked

see this, related: >>9861102

>> No.9861217

>>9860899
Agreed. It has happened once before so it must happen again.

>> No.9861402
File: 330 KB, 1299x628, down.png [View same] [iqdb] [saucenao] [google]
9861402

Yes it is indeed going down.

>> No.9861520

>>9860613
well where am I supposed to learn this stuff?

>> No.9861536

>>9861402
were going down to 8k nice

>> No.9861626

>>9860613
Is it the 180 SMMA?

>> No.9861648

314 day MA

>> No.9861671

>>9861536
It's a new paradigm.

>> No.9861681

>>9861520
You don't, all these ta faggots are wrong about everything. If you don't believe me screencap some of their "ta wisdom" then revisit in a couple months.

>> No.9861703

>>9861681
Yes I know, everything is hindsight bullshit, they're brains are just seeing what works in hindsight and don't see what doesn't work. Most indicators, if not all are absolute bullshit pushed by brokers. I trade naked charts since a few weeks, been doing a lot better already. But there must be something?

>> No.9861833

so when NASDAQ exchange goes live, followed by other exchanges powered by financiall companies, the crypto world will do nothing?

No one is going to invest in crypto?
We will going down even more to the shitter?

Those big guys spending tons of money to set everything up only to lose money?
Nonono, keep telling yourself that crypto is over, this time for sure.

The cycle repeats since in 2018 everything is exactly the same as in 2014!

>> No.9861842

>>9860613
the longer day EMAs are the mean you dumb fucks. You know what comes then, pure despair.

>> No.9861855

>>9860613
>linear chart

Absolute state of this board indeed. Also the lines that matter are the 20, 50 and 200 WEEK moving averages. The 20 was support for the entire bull market from late 2015 to 2018 and as soon as that was breached it was over. We've also since breached the 50 week ma which was the beginning of the end in 2014 and if the analog holds will have us testing the 200 week ma in about 5 months at 3-3.5k

>> No.9861872

>>9860899
Largely how I see things playing out, yes

>> No.9861911

>>9860613
THE LAST SUPPORT

>> No.9861950

thank god i knew about the line back in january

>> No.9861990

>muh mysterious MA line
KYS OP
BTC will drop in the long term but in the next couple of days/weeks will stabilize for a while and alts will pump, that you and like magical line like it or not.