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/biz/ - Business & Finance

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26209504 No.26209504 [Reply] [Original]

The triangle. It's going to Mars soon isn't it? Buy buy buy.

>> No.26210632
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26210632

Waiting for it. If it doesn't, don't care because i'm holding for 50 more years

>> No.26211222

look at that giant bull flag

>> No.26212135

>>26209504
Straight to $3.5k

>> No.26212186

>>26209504
bull trap

>> No.26212223
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26212223

>trangles

>> No.26212244

>>26212186
Jackie's Wacky Bull Trappy. "You've never seen a bull trap like it!"

>> No.26212548

>>26212223
Wedges and triangles are unironically extremely likely setups. However, you don't buy now as per the chart in OP, you buy when it just misses the lower band and clears the upper band. Alternatively, you can buy when it clears the previous high on the triangle (the former has higher likelihood of success but happens less often, the latter happens all the time but has more likelihood of fakeout). Eitherway, if the criterion is achieved, the likelihood it turns against you is extremely low. I invite you to backtest this.

>> No.26212640

It might go up a bit. It seems unlikely that it'll double yet again.
Or it could fall back down hard. I'm not risking it

>> No.26212741

>>26212548
>>26209504

Nice meme lines.
What's your horoscope for today saying?

>> No.26212792

well, it could go higher or it could go lower.
My opinion though is that it will at some point go lower, and at some other point it will go higher.
Some of the best analysts are are saying it's totally undervalued, and at the same time overvalued, but there's also a chance the current value is correct.
In the future I see it being pretty stable really, but there will also be instability at times.
Something you can always count on though is that when the price goes up it means the price hasn't gone down.

>> No.26213053
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26213053

>>26212792
every ta guy on youtube sounds like this

>> No.26214007

>>26209504
Ah thank God, shitty meme lines. Now this is the biz I know and love.