/biz/ - Business & Finance

[Anonymous No.12694468]

Nothing to get excited about bulltards. Bearish pendant formed, might hitt 4k if you're lucky before contracting further and eventually breaking down again.

[Anonymous No.12694497]

>>12694468
Nope straight to 5k

[Anonymous No.12694498]

Bears are stupid kike faggots and they are about to get the rope.

[Anonymous No.12694548]

>>12694468
Don't help the perma bulls OP. Nothing's changed, we're still heading to at least low 2k's before reversal.

[Anonymous No.12694549]

>>12694497
Fill my short faggot.

>>12694498
>he doesn't want cheap coins
Shortsighted permabulltards like you will never make it.

[Anonymous No.12694558]

>>12694549
Fuck off
>he doesnt want cheap coins
It was just at fucking 20k they're cheap enough faggot

[Anonymous No.12694561]

>>12694468

>purple meme lines

FAGGOT

[Anonymous No.12694609]

>>12694558
>they're cheap enough faggot
Clearly not since it's going lower.

[Anonymous No.12694625]

>purple lines
>no smug anime girl
>talks like a faggot

yeah Im gonna have to say no

[Anonymous No.12694657]

>>12694625
Stay poor

[Anonymous No.12694714]

6000 / 2 = 3000
a) 4200 / 2 = 2100
b) 4000 / 2 = 2000
c) 3700 / 2 = 1850
d) 3000 / 2 = 1500

??

[Anonymous No.12694736]

>>12694609
>>12694549

>Cheap coins
>doesn't realize low enough btc will kill crypto due to all exchanges going broke

[Anonymous No.12694755]

>>12694468
>bearish pendant

[Anonymous No.12694794]

>>12694609
>he thinks the 200 week MA won't hold

Have fun chasing it above 6k lmao

[Anonymous No.12695038]

>>12694794
have fun getting barted lmao

[Anonymous No.12695090]

>>12694657
You're the poor faggot who can't even accumulate now

[Anonymous No.12695148]

>>12694468
actual ta fag here, OP is correct

[Anonymous No.12695204]

i was feeling the pain last night almost sold
>>12695148
where's this guy he made same prediction
>>12695148

[Anonymous No.12695216]

>>12695148
>>12695204
oops i mean >>12631957

[Anonymous No.12695220]

>>12694468
>pendant
>breaking down
what the fuck are you even talking about

[Anonymous No.12695221]

>>12695148
how do you use that indicator and is it useful?

[Anonymous No.12695223]

>>12694468
Problem is, people used to actually look at this as a hedge against normal market fluctuation because of its isolation from normal economic activity. Now it just looks like more of a cruel joke tb.qhfamilam

[Anonymous No.12695245]

>>12695148

[Anonymous No.12695262]

>>12694657
>he's not convincing anybody
you can smell the nervous gambler's sweat from here.

[Anonymous No.12695272]

>>12694736
Please explain how an exchange which makes enough to cover a year of operating costs in a single week will go broke.

>>12694755
The joys of phoneposting

>>12694794
Hmm it might.

[Anonymous No.12695391]

>>12695221
The TTM Squeeze is the only oscillator that gives any meaningful info.
The histogram isn't super important, just shows you momentum direction and sometimes gives you divs/convs to go off of but the core functionality is the little orange/green dots you see. When those are visible it means the BBs are inside the Keltner channel, meaning volatility is "squeezing" in preparation for an impulsive move, typically in the direction of momentum but it can roll over into the opposite direction, check multiple time frames obv...

Pic related. On the 2hr it basically told you this pump was going to happen.

[Anonymous No.12695394]

>>12695245
lol
>200 day Moving Average
Autism

[Anonymous No.12695399]

>>12694468
I woke up in a new bugatti.

[Anonymous No.12695416]

>>12694657
I want that cute anime girl to condescend to me every day

[Anonymous No.12695418]

>>12695391
nice one
thanks anon

[Anonymous No.12695424]

>>12695399
Damn, how much btc you holding now?

[Anonymous No.12695438]

>>12695424
He woke up in 1/62 of a bugatti lol.

[Anonymous No.12695439]

>>12694736
?

Exchanges don't care about price, they collect fees, which are being dumped on a periodic basis for fiat.

[Anonymous No.12695451]

>>12695424
about 180, keep it growing, only had 60 when BTC was breaking 6k.

[Anonymous No.12695460]

>>12695451
That's good shit
keep it up bro

[Anonymous No.12695463]

>>12695451
Teach us senpai

[Anonymous No.12695476]

>>12694558
>>12694497
>>12694498
>>12694558
>>12694736

cringe

[Anonymous No.12695479]

>>12695394
Ok smart guy are you giving a tip here or arguing the merits of ta in general? Because the latter has no real world value so stake a claim or stfu.

[Anonymous No.12695512]

>>12694549
>doesn't appear to even see the irony in calling other people "permabulltards" when you are still unironically bearish 14 months into the longest bear market in crypto history
You perma-bears are about to get wrecked just like late-2017 bulls. But please, by all means, keep posting weeb reaction images

[Anonymous No.12695557]

>>12695479
The most renowned traders and fund managers in the world think in terms of fundamentals.
inb4 south korean quants lurking get pissed off and rage about calculus.

[Anonymous No.12695571]

Wells Fargo being a piece of shit is going to fuel the Golden bull run

[Anonymous No.12695576]

>>12695557
And yet the 2008 crash was an absolute surprise.

[Anonymous No.12695580]

>>12695571
Looks like those faggots on CNBC are going to have to eat shit for saying there was no reverse correlation between equities and crypto.

Muh stocks hurtin but muh crypto is a boomin.

[Anonymous No.12695586]

>>12695576
fundamentally it wasn't

[Anonymous No.12695595]

>>12695512
I'm not a permabear. I see a pattern and I trade it.

>>12695557
>fundamentals
No such thing in crypto. It's all TA and a bit of hype/FUD here and there.

[Anonymous No.12695603]

>>12695576
Well a lot of people knew they were over extending on Mortgages, they just didn't go to jail like they were supposed to.
in 2006 Ray Dalio bought some gold so I think in his case being a fundamentalist in a world where everyone is trying to spend money on math and people and analysts and research to beat the cycle is unintelligent.
this is my $0.02

[Anonymous No.12695605]

>>12695571
lol

[Anonymous No.12695612]

>>12695463
You don't always need to be in a trade, take the easiest and perform them well. People would call this swing trading. 3350 was an easy trade, because it was struggling to make new lows (every dump got bought back up) and yearly lows of 3120 were very close. A crash to new lows was a lot less likely than a bart up, so you had a 200$ loss with low probability vs a 300$ gain with high probability.
You WILL grow your BTC, but slowly because you only go 1x-2x leverage maximum. If a trade doesn't perform well, you accept the loss. I learned this the hard lesson several times. And also don't use stop losses on most of your trades, execute entries and exits manually. This isn't a problem if you use low leverage.

[Anonymous No.12695614]

>>12695603
intelligent*

[Anonymous No.12695736]

>>12695603
Pretty easy using hindsight to looks for those "signs". Difficult to argue though that a you have more market knowledge than the combined forces of AIG, Lehman brothers, fanny mae and Freddie mac combined. Its a shame you didn't submit an application

[Anonymous No.12695799]

>>12695612
Thanks for your time.
Long or short now iyo?

[Anonymous No.12695902]

>>12695391
If you look close you can see divergence before the dump between the 5th and the 6th. Price is going up but the green line is going down.

[Anonymous No.12696131]

>>12695148
No divergence yet on the 15 min but we are overextended. It could just run in a range for a while.

[Anonymous No.12696304]

>>12696131
>>12694468

ta queers always come after the fact to give their opinion, then proceed to take the easiest braindead bet. If you asked these guys 2 days ago they would draw you a chart pointing to 3100. If you asked them when btc was at 3850 they would draw you a chart to 4200.

They literally just go

"hurrr its been trending down expect lower support spiral"
"hurrr it just pumped expect retrace and [insert vague it could go up or down opinion]"
"hurrr volumes dying sell"
"hurrr price is going up and down with higher volume for green than red time to buy"


that's not enough, let me draw you my autistic chart so a simple mind like yourself may understand my 172 iq assessments

[Anonymous No.12696397]

>>12696304
Not reading all that shit

[Anonymous No.12696453]

>this is a suckers rally

[Anonymous No.12696558]

>>12695799
I don't have a position right now, but a small bid at around 3560, to ride the second wave.