Everyone chasing 5-15% profits at the bottom when BTC is gonna murder every coin out there

[Anonymous No.11218163]

Prepare for sub 6k Bitcoin soon, faggots.

You are welcome for your daily reminder.

[Anonymous No.11218319]

>>11218163
bros?

[Anonymous No.11218383]

If you think this shit's going near 6k, you're fucking delusional.

[Anonymous No.11218390]

>>11218383
It's nearer to 6k than to 7k

[Anonymous No.11218419]

>>11218163
I'm not a bear and have a leveraged long but looking at the charts I want to be liquidated and go sub 6k. So much Trash is pumping.

[Anonymous No.11218456]

>>11218419
You want to close your position, you mean? Not be liquidated. That would be sad frend.
And yes too much garbage is pumping so whales can gather more BTC to then sell off.
IMO.

[Anonymous No.11218493]

>>11218456
Why would I close my long when its pumping...

[Anonymous No.11218501]

>>11218163

TA fag here,

no one knows at this point. even top traders that have many years of trading experience on institutional desks that I personally know aren't certain

the selling does look like its drying up and the sec news of the etf delay only pumped the markets higher.


OP theres a difference of knowing and wanting a certain outcome. 99% you're the latter

[Anonymous No.11218505]

>>11218390

it literally isn't

[Anonymous No.11218529]

>>11218493
RR ratio ain't good.

[Anonymous No.11218534]

>>11218493
take profit and prepare for a better entry cause patience is a virtue friend

[Anonymous No.11218537]

>>11218390
See you at 6900 tomorrow

[Anonymous No.11218555]

>>11218505
My country's exchange is trading below 6500. Who cares if you burgers are trading literally a couple dozen dollars above.

[Anonymous No.11218558]

>>11218319
Bros!

[Anonymous No.11218573]

>>11218534
My profits and losses are literally $1-5 this long was in at like 6280. It took me 9 months in a bear market to figure out that liquidation on Bitmex doesnt mean I lose my stack. I was worried about a a few dollars on like 3% of a bitcoin. I just keep 100x Leveraged longs going until it bulls or finally subs 6k.

[Anonymous No.11218574]

>>11218501
What do you selling is drying up? I look at charts and am pretty sure I see bigger volume bars under the red candles. Selling still has more volume than buying. Yes?

[Anonymous No.11218575]

>>11218534
Indeed is bro.

>>11218537
Lmao, in your fucking dreams.

>>11218501
I don't claim to know, it's a theory I share with disfunctional autists in an anime website.

[Anonymous No.11218597]

>>11218573
FUCKING KEK
100x longs. NEVER use more than 10x (and only when it's painfully obvious it's gonna pump)

Fucking die poor.

[Anonymous No.11218606]

>>11218597
NO GLORY NO STORY FAGGOT. JUST PUT A BULLET IN MY HEAD.

[Anonymous No.11218628]

>>11218574
Lol. Any brainlet can see that. People are in denial.

[Anonymous No.11218654]

>>11218606
You're long liquidations will thanfully contribute to the dumps.
Many thanks for your sacrifice.

[Anonymous No.11218673]

>>11218558
Bros

[Anonymous No.11218682]

>>11218654
Your welcome.

[Anonymous No.11218705]

>>11218574

look at the daily, weekly, and monthly candles, the selling volume is becoming exhausted

i see too many noobs using hourly and minute charts. and they wonder why they are getting rekt.

[Anonymous No.11218723]

>>11218628
When dump? When purchase?
I'm still sitting with fiat on the exchange waiting.

[Anonymous No.11218728]

>>11218555

>make a statement about usd
>statement is wrong
>it's your fault

shoo shoo back to your 3rd world shithole, pajeet

[Anonymous No.11218759]

>>11218705
Mate monthly charts say we're just getting started selling.
Weekly is suggesting a potential slowing of selling.
Daily daily doesn't show anything obvious other than the tip of the triangle with lower highs which suggests breaking down, but crypto has shown it typically breaks up.

I don't know what the fuck is happening like anytime else but there's not much about bullruns starting charts right now.

[Anonymous No.11218772]

>>11218705
Volume overall is dying out as we close out the triangle, but the dominant volume is bears as obviously seen on the chart, pleb.

[Anonymous No.11218782]

>>11218163
>Muuuuuh sub 6k
I doubt we will see 6300 ever again. We bull now

[Anonymous No.11218808]

>>11218723
I'm on the sidelines as well man.
Patience is a virtue brother.
Any time BTC goes under 5.8 I will watch closely and any indication of a bounce, etc, I will cash in.

>>11218759
Precisely what I said.
Although all logical indications to point out to a break down of the triangle. Log charts at this date and at the speed this triangle is starting to materialize make me think 4.8k is bottom unless we have some serious panic and capitulation very fast.

[Anonymous No.11218833]

>>11218772

yes overall volume is dying down, which includes the selling in a bear market over the past 9 months, what are you trying to say that I am wrong.

I made a call on here for an entry point on xrp at 45 cents a couple days ago. Don't assume I don't know how to trade or work in wealth management for a living.

[Anonymous No.11218836]

>>11218782
everyone has been saying this dogshit for weeks now.
Grow the fuck up and read what the market data is telling you.

[Anonymous No.11218856]

>>11218673
Bros

[Anonymous No.11218983]

>>11218772

and ofcourse volume will be dominated by sellers in a "bear market" you brainlet..
but that volume is dying down

learn to interpret your charts better. and for god sake stop drawing meme lines resistance and support. use fibbonaci for that shit
(pro tip)

>>pleb.

[Anonymous No.11219012]

>>11218983
Post proof that your meme fib retracements have worked in the last 2 months on BTC and I will apologize. FIBs have been the greatest meme since the descending triangle, Mr. Wealth Management for a living.

[Anonymous No.11219044]

>>11219012
fibbonaci works dude

https://www.tradingview.com/u/Technical-Difficulties/

learn to appreciate free advice from people who actually been trading longer than you and not just crypto

[Anonymous No.11219110]

>>11219012

fibonacci works, look up fibonacci retracements and extensions.

test them out yourself.

quants program trading bots that trade on such parameters. youre basically riding with the whales when you distinguish these distinct support and resistance levels and further confirm it with RSI and MACD

you cannot use technical analysis for longer term projections months out. it only works for day trading and swing trading

[Anonymous No.11219135]

>>11219012
>>11218983
>>11219044
>>11219110
((actual)) day trader here.
Memeline traders get fucked on the reg, market makers see everyone drawing the same stupid fucking wedges and triangles, run stops, and fuck everyone.
Fib ext. like .168 are money, and .786 for the end of a range. that is money when buying bottom or selling tops.
Dont use meme line faggots, learn price action

[Anonymous No.11219136]

>>11218163
Bitcoin should die it was first. It served its purpose but its done now.

[Anonymous No.11219153]

>>11218163
Not going to happen fake trump bobo. MAGA will make crypto pump.

[Anonymous No.11219159]

>>11219110
"Once these levels are identified, horizontal lines are drawn and used to identify possible support and resistance levels (see trend line). The significance of such levels, however, could not be confirmed by examining the data.[2] Arthur Merrill in Filtered Waves determined there is no reliably standard retracement: not 50%, 23.6%, 38.2%, 61.8%, nor any other."

[Anonymous No.11219178]

>>11219135

we all have our own ways of determining our trading strategies, and analyzing price action.

price action is completely subjective. honestly you cant even fully rely on trading volume because too many faggot whales are "painting the tape"

this completely illegal on wall street but its rampant in crypto

[Anonymous No.11219219]

>>11219159
Cheers. BTC has not had a single fib work properly in the last 60 to 90 days.

[Anonymous No.11219272]

>>11219219

>>you cant rely on technical analysis or only one set of tools for anything longer than a month out. you extrapolate data as it comes.

[Anonymous No.11219313]

>>11219272
"we all have our own ways of determining our trading strategies, and analyzing price action."

[Anonymous No.11219429]

>>11219313

yes and there are more effective ways to interpret that price action rather than just drawing random lines and triangles, "after" the price has already happened...just saying

trust try using fibbonaci retracement especially fibonacci extensions and youll be in awe how they unironically line up beautifully with major support and resistance levels.


also confirm pivots with daily macd and daily rsi.

very smart mathematicians came up with these tools. they are not total memes and work a majority of the time for "swing trading" primarily when use together. i would not recommend these tools for longer term investing stratgies, fundamentals rather technical analysis should be used for that.

as much as i'd like to see the markets tank and pick up more coins at cheaper prices,

it would take a shit ton of fud to capitulate us lower than 6k rather than just looking at TA meme lines.

best of luck

[Anonymous No.11219580]

>>11219429
Thank you sir. I can tell you aren't a cunt like 90% of people here.

[Anonymous No.11219731]

>>11219580

anon, anytime

[Anonymous No.11219778]

>>11219580

just keep im in mind we are reaching a critical apex point in the price action between a week or 5 days out, well see of 6300 or 6k holds.

whether we break up from your triangle or downward will depend on the news coming out and the sentiment during that time