/biz/ - Business & Finance

[BasedTAnon !!uTzZdan+bu3 No.22804424]

bottom is in bros, thank me later

[Anonymous No.22804477]

>>22804424
Thank you ta anon

[Anonymous No.22804691]

[BasedTAnon !!uTzZdan+bu3 No.22804810]

double bottom is in, literally last chance to open your longs

[Anonymous No.22804928]

>>22804424
>>22804810
Your liquidation will be so funny.

[BasedTAnon !!uTzZdan+bu3 No.22804952]

>>22804928
i'm a professional trader, i will never get liquidated because i'm not a degenerate gambler

[Anonymous No.22804964]

>>22804424
What the fuck even is that thing, so retarded

[BasedTAnon !!uTzZdan+bu3 No.22804973]

>>22804964
it's the btc chart

[BasedTAnon !!uTzZdan+bu3 No.22805051]

here's my position to prove i'm not larping

[Anonymous No.22805099]

>>22805051
> makes TA on BTC/USD graph
> opens ETH/USD long
wisdom of /biz/

[BasedTAnon !!uTzZdan+bu3 No.22805112]

>>22805099
that's how retarded crypto is, not my fault.

eth anticipates btc movements and amplifies them

[Anonymous No.22805135]

>>22805112
ETH/BTC ratio doesn't look too healthy though. i mean i am not pushing against your TA, it would be good for my portfolio, but idk if i would bet on any direction right now.

[Anonymous No.22805151]

>>22804952
>i'm a professional trader,
Do you not see the inverse cup and handle or what?

[BasedTAnon !!uTzZdan+bu3 No.22805173]

>>22805151
price patterns are a meme 99% of the times, at least when used on crypto

>>22805135
eth/btc looks to pretty pretty stable, but once btc shoots up, eth/btc will follow and amplify, as i've said before.

[Anonymous No.22805363]

>>22805173
i mean if you're looking for maximal amplification then you should unironically look into UNI/USDT on binance. it's the market with the highest volume after the ETH/USD and BTC/USD markets there and full of emotional traders who multiply every little spike that ETH and BTC are doing by a factor of 10.

[Anonymous No.22805377]

price target for Link, professional trader?

[Anonymous No.22805393]

>>22804424
what program do you use for charting?

[BasedTAnon !!uTzZdan+bu3 No.22805415]

>>22805363
i know, but bitfinex doesn't have margin trading enabled on uni. they've added it to polkadot tho, might try trading on that one instead of eth

>>22805377
no idea, i just follow the trend, and it looks like another green wave has begun, with this latest bottom being the dip you should buy

>>22805393
i have a tradingview pro plan, it's more than enough desu

[Anonymous No.22805444]

>>22805415
bought some more yesterday at around 8 usd so comfy rn
What else do you trade?

[BasedTAnon !!uTzZdan+bu3 No.22805463]

>>22805444
i only trade high-cap crypto, but i put all my profits in sub 1b shitcoins and use them as margin

[Anonymous No.22805543]

>>22805415
thx
can you tell me what those indicators are that change from red to green?

[Anonymous No.22805592]

>>22804424
What do you think about this >>22803274? Looks to me that everyone has a secret technique they hold on to

[BasedTAnon !!uTzZdan+bu3 No.22805672]

>>22805543
i wrote it myself, it's kinda a mix between moving averages and bollinger bands. if the price is above both then it's usually trending upwards, it's it's below both then it usually trends downward, and while in between they show the tops/bottoms of the crabbing action

now for example the price close below, but the color says we are in uptrend, so i expect this to be a dip and not a reversal.

>>22805592
the "ta" there is garbage, but i'm very bullish mid term (3-6 months at least), that's why i'm accumulating low/mid cap shitcoins

[Anonymous No.22805747]

>>22804952
If your a pro then you would know the bottom was 2 weeks ago

[BasedTAnon !!uTzZdan+bu3 No.22805783]

>>22805747
no, the real bottom isn't in yet, and it will be below 10k. i'm talking about the bottom of this dip, the uptrend should last for a few days at least

[Anonymous No.22805806]

>>22805672
do you know any place to improve ones TA skills? any memberships that are worth it? how did you become a pro?

[BasedTAnon !!uTzZdan+bu3 No.22806097]

>>22805806
read about all the indicators you can and learn how they work, then write you own and backtest them

[Anonymous No.22806128]

>>22806097
yeah that is what i was already doing. thx
i have yet to see a site with TA discussions that are not incomprehensibly stupid

[BasedTAnon !!uTzZdan+bu3 No.22806129]

eth is leading again, we pump now

[BasedTAnon !!uTzZdan+bu3 No.22806147]

>>22806128
the point of learning ta is to understand how the indicators work, so you can use them as building bricks of something written by yourself

all the publicly available indicators are priced-in

[Anonymous No.22806260]

Its also important to realise that TA isnt a predictor of price, but more of an indication of probabilities to help you formulate a trading plan. If A happens Execute plan A, if B happens execute plan B.

[BasedTAnon !!uTzZdan+bu3 No.22806297]

>>22806260
exactly, my point was that it's extremely probable that the dip is over and that we pump now. if that won't happen then i'll go short, but so far looks like my memelines are holding

[Anonymous No.22806334]

>>22806297
what would you say is your average trading frequency/time scale? are you really trading the ~5min scale as seen in your pics or is that just OCD waiting for the perfect entry when in reality all decisions are being done on the larger scales?

[Anonymous No.22806343]

>>22806297
Do you use harmonic Patterns? Gartley, Cyphers etc?

[BasedTAnon !!uTzZdan+bu3 No.22806430]

>>22806334
no, perfect entry is a meme. i just wrote my indicator on the 3m chart and made it capture all the significant btc moves , i could've easily rewrite it to make it work on 15m-1h but i won't fix what's not broken.

as for the frequency, it's more or less like a normal swing trading strategy on 30m chart, i get like 1 trade every day on average, but in reality it's like a couple of inversions during 1 day and then it right for 4-6 days

>>22806343
i tried, but with btc they are only good on daily timeframes, so you make like a couple of trades a years. i wanna exploit this next bullrun full of sharp exponential price rises (and later falls)

[Anonymous No.22806485]

>>22806430
What are your longterm predictions?
Where do you think we will peak in this bullrun? When do you think said peak will happen?

[Anonymous No.22806510]

>>22806430
thx for all the good info

[BasedTAnon !!uTzZdan+bu3 No.22806614]

>>22806485
something batshit crazy like 30 trilion total crypto mcap? in a year or 2 max? i marked it on my chart but i don't remember why, lol

i honestly can't predict it right now, but i have a couple of methods to understand when the top is coming in, so i'll just ride the waves until then

>>22806510
np

also pic related is my long, feels good

[Anonymous No.22806672]

>>22806614
Talking BTC price, not market cap
Do you think BTC dominance will grow or fall?

>i honestly can't predict it right now, but i have a couple of methods to understand when the top is coming in, so i'll just ride the waves until then
Mind sharing those methods?

Thanks a lot for taking the time to answer those

[Anonymous No.22806676]

>>22804424
They can work on shorter time frames as well, this on SRM for example. The only thing that grinds my gears is BTC needs to behave for these things to really take off. Otherwise instant invalidation

[BasedTAnon !!uTzZdan+bu3 No.22806743]

>>22806676
4h is still way too low frequency for my taste, but i'm pretty sure the hit rate isn't 90%, unlike on most other boomer assets

>>22806672
high but not as high as everyone expects, i wouldn't bet on anything above 200k desu, but i'm expecting at the very least 80k

>Mind sharing those methods?
find a dead shitcoin and wait until it's 100x from now, that's pretty much it

[Anonymous No.22806751]

Basics are reliable on shorter term trades though, wedges and japanese candle patterns.

[BasedTAnon !!uTzZdan+bu3 No.22806784]

>>22806751
for day trading yes, but i got justed way too many times with that so i decided to stick with swing trading where the entry doesn't matter much, as long as my direction is correct

[Anonymous No.22807004]

>>22804424
what are those meme lines?

[Anonymous No.22807022]

>>22805173
>price patterns are a meme 99% of the times, at least when used on crypto
why?

[BasedTAnon !!uTzZdan+bu3 No.22807028]

>>22807004
see >>22805672

[Anonymous No.22807057]

of course it'll pump

imagine shorting the weekly 20ma

[Anonymous No.22807090]

$1 billion in Bitcoin contracts set between $11,000 and $12,000 expire today and you're long.

[BasedTAnon !!uTzZdan+bu3 No.22807099]

>>22807022
because from experience they don't work most of the times

>>22807057
it will definitely break the meme triangle upwards

>>22807090
priced in

[Anonymous No.22807443]

>>22807099
>because from experience they don't work most of the times
ok... any logical reason why they don't work?

[BasedTAnon !!uTzZdan+bu3 No.22807462]

>>22807443
maybe because crypto is too low mcap and too manipulated? too low timeframe?

[Anonymous No.22808107]

>>22805051
PnL 0.12 , based larper playing with very small positions
>>22805672
>i wrote it myself,
no you didnt, i know what indicator it is

[BasedTAnon !!uTzZdan+bu3 No.22808134]

>>22808107
>PnL 0.12 , based larper playing with very small positions
based retard

>>22808107
>no you didnt, i know what indicator it is
i LITERALLY wrote it myself, lmao

[Anonymous No.22808137]

>>22807462
you are about to learn a hard lesson

[BasedTAnon !!uTzZdan+bu3 No.22808244]

>>22808137
if by hard lesson you mean a huge green dildo up my ass then probably yes

[Anonymous No.22808522]

>>22808107
What indicator is it then

[BasedTAnon !!uTzZdan+bu3 No.22808563]

>>22808522
see >>22805672

[Anonymous No.22808593]

>>22808563
Give us a spin of it

[Anonymous No.22808631]

what the fuck are these lite brite TA indicators

[BasedTAnon !!uTzZdan+bu3 No.22808660]

>>22808593
what spin? i wrote above how it was made

>>22808631
stop bullying my indicator

[Anonymous No.22808825]

is it safe to put $10k on UNI now?

[Anonymous No.22809170]

>>22808825
yeah, i'm putting my profits in uni among other shitcoins

[Anonymous No.22809312]

>>22809170
what timefram are you expecting to sell these? would you be so kind as to post another thread if we're trending the other way?

[Anonymous No.22809347]

>>22809312
yeah sure, i guess i will close sometimes between 2 days - 1 week, depending on how long it will trend

[Anonymous No.22809461]

>>22809347
im deciding if i should just keep the 1k link or convert it to just under 2k uni right now but if everythings pumping then i might just keep my position

[Anonymous No.22809515]

>>22809461
yeah, whatever since everything not dead should follow btc. uni's mcap is smaller tho so there's that

[Anonymous No.22809535]

>>22805377
Checkarooni papapooni haha wow wow now those are some digiterinos if I do say so myself.
Link will surly profit off this digitised numerical fantasy

[Anonymous No.22809609]

>>22804424
I don’t even know what coin this is retard I’m not psychic

[Anonymous No.22809641]

>>22809609
btc, aka literally every other crypto

[Anonymous No.22809667]

Why aren't you in on LINK?

[BasedTAnon !!uTzZdan+bu3 No.22809882]

>>22809667
mcap too big

[Anonymous No.22809939]

>>22806297
>it might go up
>it might go down

[BasedTAnon !!uTzZdan+bu3 No.22809959]

>>22809939
>>it might go up with 95% chance
>>it might go down with 5% chance
really makes you think

[Anonymous No.22810274]

Chainlink leading the market again
Chainlink will top 12 with a possible liquidation event to clear out early shorters then the final ride will begin to sub 7 with a possible nasty liquidation wick to clear out longs after this we bull for the rest of the year

[Anonymous No.22810304]

>>22810274
>clear out longs
pls no

[Anonymous No.22810337]

>>22810274
100% agree. Anyone who thinks this is THE reversal is going to get absolutely BTFO.

[Anonymous No.22810359]

>>22804424

Oh noes..

Lines on a fucking chart


T/A is fake and gay

.

[Anonymous No.22810588]

>>22810359
Enjoy getting rekt

[BasedTAnon !!uTzZdan+bu3 No.22811493]

bump

[Anonymous No.22811915]

>>22804424
Multi year bull market incoming

[Anonymous No.22813230]

bump until we get a green dildo

[Anonymous No.22813762]

bump

[Anonymous No.22814562]

here we gooooooooooo

[Anonymous No.22814597]

>>22808563
any thoughts on RSR?

[Anonymous No.22814610]

>>22807099
can you analysis RSR TA pls?

[BasedTAnon !!uTzZdan+bu3 No.22814667]

>>22814597
>>22814610
i like it, will start accumulating if it gets listed on bitfinex before dying. for now looks like it's doing absolutely nothing on the rsr/btc chart, so i can wait

[Anonymous No.22815530]

>>22814667
Thanks based TA anon please post when approximate local top is in

[Anonymous No.22815582]

>>22805051
Shouldn't you open longs on something more volatile like ADA if you want to make real gains?
I can understand longing BTC and ETH only if you have 1M USD and bought during the corona crash.

[BasedTAnon !!uTzZdan+bu3 No.22815808]

>>22815582
>Shouldn't you open longs on something more volatile like ADA if you want to make real gains?
yes, but eth is the best one among the 5 coins who have 5x leverage available (even if in practice it let me use only 2x since my margin is made of shitcoins)

>>22815530
sure, definitely not today tho, lol