[ 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: 115 KB, 1520x890, pattern.png [View same] [iqdb] [saucenao] [google]
11046002 No.11046002 [Reply] [Original]

What's this pattern called /biz/?

>> No.11046015

It's called "look at that motherfucking volume, holy shit, I'm all in"

>> No.11046016

It's called, "You will never get your money back."

>> No.11046018

Confido Consolidation

>> No.11046026

A textbook example of an AAAAAAAAAAAAAAAA pattern

>> No.11046038

literally the fucking tulip meme coming true
jesus christ how was i so stupid
stupid stupid stupid stupid stupid stupid stupid stupid stupid stupid stupid stupid stupid stupid

>> No.11046149
File: 9 KB, 285x177, 1536276577101.jpg [View same] [iqdb] [saucenao] [google]
11046149

>>11046002
>Using the binance chart for eth

>> No.11046159

>>11046149
as opposed to?

>> No.11046160

>>11046038
SORRY FOR YOUR LOSS

>> No.11046169

>>11046015
Massive red volume signals the start of capitulation, not the beginning of a bullrun, you delusional brainlet.

>> No.11046175
File: 9 KB, 213x237, brainlethelmet.jpg [View same] [iqdb] [saucenao] [google]
11046175

>>11046149
>Using something other than the highest volume western exchange

>> No.11046176

>>11046002
It's the when where you when etherumiumium was kill pattern

>> No.11046186
File: 118 KB, 1197x690, vol.jpg [View same] [iqdb] [saucenao] [google]
11046186

>>11046149
Biggest nonfake volume exchange for the pairing right now. He is absolutely right to use the Binance chart.

>> No.11046187

>>11046002
Depression. Nobody believes the meme chart phases when they actually happen.

>> No.11046206

>>11046159
Bitfinex or coinbase data would be ideal for eth. As you know, binance has existed for just about an year, when eth has been around since 2014.

>>11046186
>Chink exchange
>Nonfake volume
You gotta be kidding

>> No.11046240

>>11046160
you live and you learn i guess :)

>> No.11046248

>>11046206
Your arguments don't hold up.
It literally doesn't matter when the exchange was created. True volume matters.
Coinbase has very little volume at all. Bitfinex has margin traders blowing up volume, with much less actual traders on site as opposed to Binance. Margin trading liquidation also fuck up the charts regularly on Bitfinex.

>> No.11046275

The downward dog.

>> No.11046282

>>11046248
>True volume matters
Which is why binance charts are meaningless. Analysis of the drop in volume over all exchanges 6 months back confirmed about 2/3 of their volume is their internal bots washtrading. Bitfinex is also ripe with washtrading so the other anon is wrong. Proper sources with organic volume would be coinbase, kraken and gemini.

>> No.11046290

>>11046248
You dont know if that volume is true. It blows my mind that people here blindly trust binance (an exchange with a track record of 12 months).

Also, when the volume in one exchange goes up, it should go up in other exchanges as well thanks to arbitrage between exchanges. (That is, if volume is real.) So bitfinex and binance volumes are supposed to be highly correlated.

>> No.11046327

>>11046282
How can you differentiate in-house wash trading from legitimate arbitrage bots?

>> No.11046354
File: 239 KB, 1024x768, 1518858420501[1].jpg [View same] [iqdb] [saucenao] [google]
11046354

>>11046002

The sminem revenge part deux

>> No.11046366

>>11046290
They are I've tracked volumes on all major excanges.

Most organic are bitstamp and kraken.

And the most chaotic, run from place is GDAX ( coinbase )

>> No.11046383

>>11046002
Justin's Unjustified Just

>> No.11046394
File: 452 KB, 3500x3500, areyalovinit.jpg [View same] [iqdb] [saucenao] [google]
11046394

I'm Lovin It!

>> No.11046406

>>11046002
what's weird is that Oct-Nov had much lower volumes but price held at ~300
this seems like a reasonable target for price in the months ahead, especially when inflation gets reduced 33% soon. Probably in Friday we will get a hard fork date.

>> No.11046432

>>11046002
It's called unlubricated anal rape

>> No.11046452

>>11046366
What's the sauce of this nonsense?

>> No.11046458

>>11046452
I'm just getting the date their public api spits.