[ 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: 130 KB, 1280x585, 4h rsi.png [View same] [iqdb] [saucenao] [google]
10311549 No.10311549 [Reply] [Original]

presented without comment

>> No.10311596

>>10311549
What time frame is that

>> No.10311615

>>10311549
It's ogre

>> No.10311624

>>10311596
4hr

>>10311549
Yeah OP we know it's going down

>> No.10311627

jesus fucking christ i can't wait to see these do-nothing UBI neets get decimated by whales
plz god plzzzzz

>> No.10311635

>>10311549

HO LEE FUK

>> No.10311647

ITS DUMP TIME

>> No.10311655
File: 241 KB, 890x854, 1531458283424.jpg [View same] [iqdb] [saucenao] [google]
10311655

>>10311624
>4h
Sheeeeeit

>> No.10311657

We can cool off by going sideways. Slightly down.
I'm not expecting a big sell-off.

>> No.10311708
File: 419 KB, 845x637, 1531460773058.png [View same] [iqdb] [saucenao] [google]
10311708

>>10311657
The truth is: Bitcoin might take a slow dump while alts go up. Why? Because most alts are still close to their support.

Let me know if you disagree.

>> No.10311729
File: 2 KB, 161x275, 1 hr.png [View same] [iqdb] [saucenao] [google]
10311729

>> No.10311754

>>10311729
paint a flag

>> No.10311773

>>10311708
Someone spent around 2M trying to move the price below 7,200 and couldn't do it earlier today. I'm not sure what tomorrow will bring but it seems like the price is being held up by invisible walls.
Bears can try but they might get rekt. Not sure though.

>> No.10311803

>>10311708

I'm also thinking that might happen, certain alts will go up regardless.

>> No.10311813
File: 505 KB, 1377x741, 2800DOWN.jpg [View same] [iqdb] [saucenao] [google]
10311813

>> No.10311855

Might go down a little, but don't see it going below 7200. I'm more interested in what eth's gonna do since it didn't pump as hard.

>> No.10311946

We will flag up to 7800-8000, bears will wait and act on that resistance rather risking getting themselves rekt, The IH&S formation still hasn’t completed.

>> No.10311966

Also check the RSI before the pump! It didn’t really give a fuck to many normies flooding in without TA knowledge wanting that position before we get the ETF

>> No.10312016

>>10311946
so itll be like April right? i remember it was a month long bull run but we couldnt get past the 10K resistance and thus the bear market continued.

>> No.10312064

>>10312016
We will be rejected at 7800-8000... And the bear market will most likely continue.

But if SEC actually allow an ETF then 10k will be broken and TA will work less consistently with retail investors market buying at the top... top... top and so on!

>> No.10312108

>>10312064
wtf are you on about such huge rsi is always followed by a drop this is the peak now maybe next time higher but now it a good time to short at least a few %

>> No.10312110

>>10312064
>But if SEC actually allow an ETF

how likely is that? i know two have been rejected already. What is different about btc now?

>> No.10312125

watch this shit wick to 7560 and then choke slam to 7100

>> No.10312132

Give me that 8000. I'll cum ropes.

>> No.10312138

>>10312108
I’m on about the high RSI pump we just had, and why do you think there will be a dump, why not just move sideways for a breather?

>>10312064

Interest = Greed

>> No.10312181

Check social media sentiment too, people are on a high. And again the formation hasn’t finished we are still 7.6% off.

>> No.10312219

And prior to last pump 23.60% fib couldn’t be broken by the bears so far they managed one fake out on the current 23.60%.

>> No.10312223

>>10312181
>7.6% off.
of what target?

>> No.10312240

This dump is going to be horrendous. Litterally people jumping off of building.

>> No.10312249
File: 56 KB, 957x429, Screen Shot 2018-07-17 at 10.44.17 PM.png [View same] [iqdb] [saucenao] [google]
10312249

>>10311549
This chart is better. RSI has more than doubled in the past few weeks. Could either bounce off 70 or commence Golden Bull run.

>> No.10312255

>>10312240
Every minute that passes makes it less likely to happen.

>> No.10312280

>>10312223

So the reason price spiked was due to an inverse head & shoulder pattern that is bullish. That simple once we broke the neckline shorts covered and off we went.

But the projected advance that is found by measuring the distance from the neckline to the bottom of the head has not yet been reached. Looking at shorts they still have a decent way before they are all covered.

>> No.10312360

here it comes

>> No.10312472

Big dick candles.

>> No.10312521

>>10312360
7500... The Chinks are buying.

>> No.10312813

>>10312249
Much better chart desu anon senpai senpai chap lad lass thank you.

>> No.10312841
File: 11 KB, 177x340, file.png [View same] [iqdb] [saucenao] [google]
10312841

>>10312125