[ 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: 8 KB, 225x225, froggy.png [View same] [iqdb] [saucenao] [google]
11853144 No.11853144 [Reply] [Original]

Any chance we see a bounce to ~5k before proceeding with the dump? I want to sell my bitcoin I bought at 4400

>> No.11853182
File: 814 KB, 1440x1601, 1542840855798.png [View same] [iqdb] [saucenao] [google]
11853182

>>11853144
you can see Higher pressure from sellers at the end of this triangle we formed since
19nov 23:45 (I use 15m chart)

This is going down ma' nigga.

>> No.11853201

>>11853182
deluded noobie bear, we're so oversold it broke the RSI
there will be a bounce, and shorts will be squeezed. Then we will continue to plummet
OP have a stop loss @3900 to play it safe, sell target at 5200

>> No.11853215

yes, the market will move exactly in your favor

>> No.11853229
File: 266 KB, 973x873, 1542709083291.png [View same] [iqdb] [saucenao] [google]
11853229

>>11853201
Im not a bear, i just put money where my experience says, i hope you go all-in and learn to be a jew the right way.

>> No.11853238
File: 57 KB, 650x650, bearjack.png [View same] [iqdb] [saucenao] [google]
11853238

>>11853229
your hubris will get you killed brother bear! even bears need to be cautious. At least have a stop loss :)

>> No.11853256

bottom is in, now is not the time to be a bearfag you had the last 10 months for that. Remember all bears turn to bulls eventually, at least those who dont get liquidated in the coming bear holocaust

>> No.11853277

>>11853238
Send some facts, pussy ass jew

>> No.11853295

>>11853277
fact: we are oversold on RSI and are nonironically at a strong support level that we will eventually break through, but its more likely to bounce off of it once or twice then it is to plummet through it AFTER a historically and extremely oversold RSI

its all probability, Its just not probably we keep plummeting through 4k at this very moment, but it is possible

>> No.11853316

>>11853144
not gone happen
be happy with 1.5% and cheer at any other profit if you are too scared to naked short

>> No.11853351

>>11853295
If your base is RSI indicators weekly and monthly we have more room down to go, around 20-30% leaving btc at 3.1k-3.6k

>> No.11854469

>>11853144
Extremely high chance we will have a quick spike up before the dump.
Think of all the retail traders who are short right now. How do institutions fill their bags? They're going to trigger shorts stops with a quick spike up to get thr shorts out, followed by a massive dump. If it does quickly spike up to 4700 or 4800 or 4900 I'm unironically going short 50x leverage. Taking half my profit at 4300 and waiting for the rest to dump down to 4k (the previous low) where I will sell 1/4 of my original position, then let the final 1/4 run down to 3500 or wherever I feel we might reverse

>> No.11855169
File: 27 KB, 307x307, buy-sell-bitcoin.jpg [View same] [iqdb] [saucenao] [google]
11855169

Bitcoin will continue to drop, before it is not too late sell bitcoins here https://unichange.co