/biz/ - Business & Finance

[Anonymous No.13452975]

Look at this chart and tell me it isn't insanely bullish.

Push every last dollar into bitcoin wagie!

[Anonymous No.13452989]

If history repeats itself btc can go to 250k ATH next bullrun.

We are going to make it frens

[Anonymous No.13452991]

What's that chart style all about, then?

[Anonymous No.13452996]

We will make it

[Anonymous No.13453000]

>>13452991
Heikin Ashi is a type of trading chart that originated in Japan, and it's similar to candlestick charts in that the color of the candlestick denotes the direction the price is moving.

The main difference between traditional candlestick charts and Heikin Ashi (HA) charts is that HA charts the average price moves, creating a smoother appearance. Because the HA price bars are averaged, they don't show the exact open and close prices for a particular time period.

Some traders want additional confirmation of trend direction, and Heikin Ashi charts are often used as a technical indicator on a typical candlestick chart, to help highlight and clarify the current trend.

Heikin Ashi charts are sometimes used on their own, especially by swing traders or investors. Day traders tend to use Heikin Ashi charts more as an indicator, as HA charts have certain other benefits.

[Anonymous No.13453007]

>>13452991
It's Heikin candles, the most braindead idea anyone ever had.

[Anonymous No.13453023]

>>13453000
Checked, but you realize that every single use case of Heikin is accomplished by a little something called a moving average - Why? Because Heikin is literally a moving average built into your candlestick computation. Just use regular candles and a moving average on top.
Furthermore, K-line candlestick charts are semantically supposed to represent the open, high, low, and close of an arbitrary number of data points within an interval of time - Look up "box and whisker chart" in statistics. Heikin loses all of this semantic meaning and only becomes misleading.

[Anonymous No.13453071]

>>13453007

looks nice, though :)

[Anonymous No.13453092]

>>13452989
it won't. every bullrun has less % gain than the previous one.
my bet is 50k certain, 150k definitely offload at least 90% of your shit.

[Anonymous No.13453108]

>>13453007
>>13453071
Heikin makes more sense for crypto as it's based off averages. Looking at opens and closes like a normal market makes zero sense as crypto is always open and always traded

[Anonymous No.13453171]

>>13453108
So literally by your own admission the series you are looking for as your indicator is an average, not some Frankenstein abstraction built partially on top of averages that by the way perverts the statistical meaning of a candlestick chart.

[Anonymous No.13453188]

>>13453171
pic very much related.

[Anonymous No.13453201]

you people are fucking retards

at best your little meme coin will go up 5% a week. do you childish niggers realize hundreds of stocks go up 5% a DAY? some even go up 100% in a day

you faggots are wasting your time

[Anonymous No.13453221]

>>13453201
>nibbas id
I can't help but believe you, pill me on stocks and bonds nibba

[Anonymous No.13453231]

>>13453201
t. retard

[Anonymous No.13453245]

>>13452975

im already all in, now what?

[Anonymous No.13453270]

>>13452975
>Your expectations: in 30 min
>real expectations: 4 more years
Stupid you are indeed

[Anonymous No.13453353]

>>13453092
>every bullrun has less % gain than the previous one.

errrrr the 2012 bull run was 20x
the 2013 bull run was 10x
the 2015 bull run was 100x

if you cannot even establish the most basic of facts then why are you even fucking here?

[Anonymous No.13453369]

>>13452975
this looks really bad. That's most catastrophic bear market in whole history

[Anonymous No.13453434]

>>13453231
not an argument

U N H I N G E D

[Anonymous No.13453499]

>>13453092
it did 20x the previous ATH this last bull run (1k to 20k) so if it does 10x next time then we should get to 200k

[Anonymous No.13453508]

>>13453499
it won't breach $20k

[Anonymous No.13453550]

>>13453508
delusional

[Anonymous No.13453577]

>>13453550
you're delusional if you think that Shitcoin can handle an exponentially increasing number of users when mempool was clogged and fees were $35 at $20k
probably won't even go above $10k because nobody is buying

[Anonymous No.13453584]

expecting a bull run just because, now that is delusion

[Anonymous No.13453629]

Oh nice one lads. Wagie here thanks OP. Anyone know a good wallet, or website for Aussie?

[Anonymous No.13453789]

>>13452975

[Anonymous No.13453928]

>>13453201
do you childish nigger realize hundreds of meme coins go up 5% a DAY? some even go up 100% in a day

[Anonymous No.13454266]

>>13452975
You realize the SAR indicator you are using is still showing a downtrend right?

[Anonymous No.13454279]

>>13452975
>caring about charts
>not being able to quantify implied volatility
>not being able to trade derivatives in a zero-sum game

Get rekt crypties

[Anonymous No.13454283]

>>13452975
50k by end of 2020?

[Anonymous No.13454315]

>>13453928
except thats not true

[Anonymous No.13454768]

>>13454315
No, it's true.

[Anonymous No.13455310]

>>13454768
>Zero with 100% increase
>MAYBE 20 that have increased 5% judging by the trend

thanks for proving my point retard

[Anonymous No.13455699]

>>13455310
What stocks increase by 100% a day, other than some low-volume penny stock garbage?

[Anonymous No.13456056]

>>13455699
>besides some low volume penny stocks
>literally every '''''''coin'''''' he posts as evidence for his rebuttal is under $1.50 with a mean price of less than 50 cents
pffttthahahaha STRONG moving goal posts. are you a teenager? I know you are. no adult would be that retarded

[Anonymous No.13456168]

>>13456056
>are you a teenager?
I wish I was.

[Anonymous No.13456241]

Next bull run will line up with the next financial crisis Q2 2020 in which half of America's banks go insolvent and the world looks for an asset to move their shit around. It will hit $250k easy. Screencap this.

[Anonymous No.13456445]

>>13456168
yeah because at least then you'd have an excuse to be a total retard.

[Anonymous No.13456464]

Bitcoin will hit 250k because USD will weaken significantly.

[Anonymous No.13456481]

>>13453577
You realize that bitcoin is handling more volume now than it was at the 20k ath, right? Systems get more efficient. In 1996 if you told someone you'd have millions of people waching 1080p movies on Netflix simultaneously they'd send you straigh to the nuthouse.

[Anonymous No.13456520]

>>13456241
Ngl I'm worried that the next economic downturn will negatively effect crypto
Bitcoin and crypto as a whole seem to have been driven by mostly speculative investment over the last 10 years
The only ONLY hope I really have is that bitcoin rallied in 2011, the same year as other hedges rallied like that big bubble in gold
But to me that's a thin hope, I rather hope I'm just wrong on this front

[Anonymous No.13456530]

>>13456464
t.

that ship has sailed. go get a fucking job

[Anonymous No.13456542]

>>13456530
T. Triggered liberal

[Anonymous No.13456557]

>>13453353
>2010-2011 bull market was 307,000% increase
>2012-2014 bull market was 38,000 % increase
>late 2015-2017 bull market was 9000% increase

all according to BLX

[Anonymous No.13456618]

>>13456542
t. an actual nigger

post your hand with timestamp

[Anonymous No.13456661]

>>13456557
Taking that as a geometric function gives a 925k peak from a 4700% increase.

[Anonymous No.13456680]

>>13456618
I know you have a nigger fetish, but I'm going to have to disappoint you.

[Anonymous No.13456781]

>>13456680
>not a nigger but as dumb as one
that fucking sucks man

[Anonymous No.13457343]

>>13456481
Nice try corecuck. ATH daily confirmed transactions was on 12/13 right around the time we were at 20k.

[Anonymous No.13457360]

>>13456481
Also just wait until the mempool gets clogged up like it did back in Dec 2017. Good luck sending any BTC without ridiculous fees.