[ 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: 74 KB, 1497x660, bull pennant.png [View same] [iqdb] [saucenao] [google]
15269690 No.15269690 [Reply] [Original]

It looks like BTC at 10k has been one big fuck off bull pennant. If it doesn't break out this next moon it's over until the halving. Prove me wrong.

>> No.15270544

No, this actually makes sense

>> No.15271161

To early. Its going down

>> No.15271180
File: 176 KB, 1691x772, lines.jpg [View same] [iqdb] [saucenao] [google]
15271180

>>15269690

>> No.15271430

>>15271180
Line of best fit. You get 3 touches of the bottom line so its not bad, and that huge daily wick ytd is pretty bullish for a support bounce

>> No.15271510
File: 43 KB, 489x766, 1539099233131.jpg [View same] [iqdb] [saucenao] [google]
15271510

>doing TA on anything but candlestick charts

its a descending triangle retard

>> No.15271538

>>15271180
Yea I mean in that chart it would be stupid as fuck to try to draw a bull pennant. But OPs is pretty decent even if he is a fag. I give it 65% over 35% we go up but I'm ready to sell if we start going lower

>> No.15271559

>>15271510
We're seeing higher lows and lower highs, not a descending triangle by any stretch of the imagination.

>> No.15271565
File: 326 KB, 1100x450, farmers.gif [View same] [iqdb] [saucenao] [google]
15271565

>>15271180
based horizontal boys

>> No.15271611

>>15271559
maybe open a candlestick chart once in your life instead of looking at garbage charts like the one OP posted. its a descending triangle with a horizontal line at 9400, but if you wanna think that its a pennant be my guess. the more people think its going up the higher the chances of it going down.

>> No.15271614
File: 120 KB, 1479x873, itsogre.png [View same] [iqdb] [saucenao] [google]
15271614

f

>> No.15271787
File: 334 KB, 1920x1080, file.png [View same] [iqdb] [saucenao] [google]
15271787

>>15269690
haha no
zoom out

>> No.15271800
File: 334 KB, 1920x1080, file.png [View same] [iqdb] [saucenao] [google]
15271800

>>15269690
lmao

>> No.15271819
File: 88 KB, 1000x1000, 1541571127011.png [View same] [iqdb] [saucenao] [google]
15271819

>>15271559
>We're seeing higher lows
not in the short term

>> No.15272162

Still early to buy u think?

>> No.15272390
File: 150 KB, 550x550, reerser.png [View same] [iqdb] [saucenao] [google]
15272390

>>15271800
that actually look really bad

>> No.15272403

>>15269690
why not actually do TA with the tools that tradingview gives you?

>> No.15272411

Is this thread "most retarded TA competition?"

>> No.15272431

>>15271787
how about zooming across more?

>> No.15272496
File: 81 KB, 1409x767, bitmex-btcusd-perpetual-futures-Aug-16-2019-3-13-7.png [View same] [iqdb] [saucenao] [google]
15272496

oh look, we're absolutely fine

>> No.15272512

>>15269690
Miners will stair step up their prices as we get closer. The market is planning on the halving this time like never before

>> No.15272543

>>15272512
That’s retarded

>> No.15272555

>>15272496
zoom in less