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File: 173 KB, 1786x656, Next stp.png [View same] [iqdb] [saucenao] [google]
10416918 No.10416918 [Reply] [Original]

Where are we going next? We're obviously going to reject off the 200 MA. Are we about to enter Crash Phase 2? Honestly though. When that fat slob on CNBC Fast Money is calling for another bull market under 3 months since we've seen the last parabolic move, you know the fake FOMO is back. Can't believe people don't see this. BTC always falls to levels nobody thought it can, and always rebounds before the "best traders" can BTFD

>> No.10416973
File: 285 KB, 854x570, 1532435568776.jpg [View same] [iqdb] [saucenao] [google]
10416973

We bull now

>> No.10417001
File: 132 KB, 1954x675, yyty.jpg [View same] [iqdb] [saucenao] [google]
10417001

>>10416918

bulls hate TA when its bearish but love it when its bullish.

bulls can move the goal posts too. if it breaks it, doesn't mean mega bull run at all. pic related

>> No.10417016

>>10416918
what’s the 200MA? 8637? That’s not impossibru desu

>> No.10417033
File: 189 KB, 1260x800, NVT.png [View same] [iqdb] [saucenao] [google]
10417033

>>10417016
>>10416973

>> No.10417080

I have a feeling this time its just a self fulfilled prophecy. TA always ignores the fact that crypto is a religion and everyone who holds some is part of that cult in some way.

Bitcoin is a pile of worthless 3 tps shit. But its being pumped anyway. At that point we might as well just admit it. Nothing matters, this shit is going to eventually bull even if it makes zero fucking sense.

>> No.10417236
File: 182 KB, 1786x656, ididta.png [View same] [iqdb] [saucenao] [google]
10417236

>>10416918

>> No.10417289

>>10417080

so what you're saying is 100k EOY?

>> No.10417364

>>10417033
Give me a quick run down?
>>10416918
The weekly charts suggest we are swinging up. The monthly charts suggest we are swinging up. I expect we will see a fib retracement of the upswing (50 or 61.8%) and we will continue up This 200 SMA will be raped on the second or third attempt. We might see an ascending triangle or another inverted head and shoulders before we get there.

>> No.10417372

>>10417033
Fuck thank you at least something interesting not some fucking TA. Thanks

>> No.10417376
File: 137 KB, 1593x841, Weekly indicators.png [View same] [iqdb] [saucenao] [google]
10417376

>>10417364
I have been forgetting images a lot. I should check my meds.

>> No.10417634

>>10417364
Thats the NVT ratio. Its like the P/E ratio of Bitcoin. It's MarketCap over USD Volume Transfered using the Blockchain. And it's signalling we're about to shit out bed.

>> No.10418634

>>10417634

kinda means people are trading smaller and smaller volumes? maybe it means changes from few big traders to many normal people trading, getting more mainstream

>> No.10418709

>>10417080
This
2-3 pumps brought us from 6.4 to ~8.5k and the Fomo is back.
Enough fuel for 10-20k? We'll see.

>> No.10418732

>>10417236
I love you

>> No.10419647

wolf of wall street guy says its over - goin down :(