[ 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: 40 KB, 530x486, Screen Shot 2021-02-24 at 13.44.18.png [View same] [iqdb] [saucenao] [google]
29561300 No.29561300 [Reply] [Original]

>unbreakable resistance at $51.4k

>> No.29561382
File: 845 KB, 3200x1801, 342342.jpg [View same] [iqdb] [saucenao] [google]
29561382

>>29561300
GO DOWN AHHHHHH

>> No.29562273

>>29561300
I mean its called a wedge but sure....

Maybe learn about TA a little?

>> No.29562315
File: 27 KB, 343x301, 1611535994134.jpg [View same] [iqdb] [saucenao] [google]
29562315

hmph

>> No.29562417
File: 170 KB, 600x375, 1613943882830.jpg [View same] [iqdb] [saucenao] [google]
29562417

>>29561300
>doesn't know that the more times a resistance gets tested the more likely it is to break

>> No.29562721
File: 11 KB, 441x452, grade7-rising-wedge-continuation-after.png [View same] [iqdb] [saucenao] [google]
29562721

>>29562417
Its 50/50 honestly.

>> No.29562791
File: 24 KB, 336x188, bobodumpit.jpg [View same] [iqdb] [saucenao] [google]
29562791

https://www.youtube.com/watch?v=Ji1gLZPeVpU

>> No.29562902
File: 23 KB, 1149x348, 18T.png [View same] [iqdb] [saucenao] [google]
29562902

>>29561300
lmao, imagine being bearish on BTC after seeing this

>> No.29563032

>>29562902
What does that have to do with anything?
Inflation still at 2% unless I'm mistaken, yet BTC has 500%'d

BTC is entirely speculative and frankly inflation is already priced in.

>> No.29563057

>>29563032
That inflation metric is bullshit.

>> No.29563158
File: 51 KB, 712x580, Screen Shot 2021-02-24 at 14.20.22.png [View same] [iqdb] [saucenao] [google]
29563158

>>29562273
care to explain what kind of "wedge" this is, anon?

>> No.29563216

>>29563158
>29563158
my sides

>> No.29563226

>>29563057
Says some zoomer internet nerd trying to get jewish wealth transfer using internet money cheat code because he doesn't want to work for it.

I'm gonna listen to economists with masters degrees instead of Herbalife reps.
I don't know if you were around for 2008 but this is all same shit different day.

>> No.29563229

>>29563032
>Inflation still at 2% unless I'm mistaken
>$12 trillions printed in 1 year
https://fred.stlouisfed.org/series/M1

>> No.29563279

>>29563229
$14 trillions*

>> No.29563287

>>29563158
see >>29562721
>>29563229
Yeah so? Inflation still 2%. Maybe you don't know what inflation is?

>> No.29563294

>>29563158

That's called the "some dumbass market sold their stack and freaked everyone the fuck out" flag

>> No.29563362

>>29563294
This. Was literally one boomer selling and people panicking

>> No.29563369

>>29563287
Lmfao fucking brainlets. Did the ZOG pay you to come on here to shill their talking points?

>> No.29563440

>>29563294
>>29563362
Cope.

>> No.29563498

>>29563369
Everyone went bull on Gold in 2011 and I shorted the top. Made a killing.

Everything is fine until it isn't. If you're smart you'll know exactly when that point arrives and how to position yourself if it does.

But yeah, your doomer hopium makes more sense.

>> No.29563582
File: 493 KB, 712x745, 1614023284636.png [View same] [iqdb] [saucenao] [google]
29563582

>>29561300
It's happening Bobros, we won.

>> No.29563610

>>29563362
>>29563294
>Dude like its a boomer panicking
>Because panicked people sell right at the breakout point because they know they will have access to the most liquidity there
>Totally not a bunch of people scaling out there positions systematically or anything

>> No.29563653

>>29563440

Already took my insane profits this run, anon. It could go to $0 for all I care now. Be mad you lost your $50 "investment* swinging this shit.

>> No.29563669
File: 173 KB, 1920x1080, 1604108364555.jpg [View same] [iqdb] [saucenao] [google]
29563669

>>29563582
RIKA-CHAN PLEASE NO

>> No.29563908
File: 811 KB, 2077x1491, its okay dumbfuck.jpg [View same] [iqdb] [saucenao] [google]
29563908

>>29563669
Better luck next time, faggot.

>> No.29563973

>>29563369
You're a massive brainlet

>> No.29564114

>>29563610
>> Thinking everyone holding a coin that does wild 20% swings in a week is some kind of bigbrain.
>> This is all calculated because everything is crashing and 'they' already know
>> gameovermangameovermangameoverman

Ya'll are soft

>> No.29564192

Hrm, all alt coins just took a massive dip at the same time. Looks like bots retook some positions. this should shake them out for nice cheap coins

>> No.29564213
File: 244 KB, 727x868, 1613987220580.jpg [View same] [iqdb] [saucenao] [google]
29564213

My wife let me put my life savings in at $51k this morning because OP said it had resistance.

>> No.29564236

>>29564114
Mostly because of the rotation currently happening in financial markets where capital is flowing out of overvalued assets and going into overlooked assets that could be a good hedge against inflation that may cause stocks/commodities already in massive bubbles to merely stagnate.

>> No.29564741

>>29564236

Which is fine. Rates low, housing market about to go to moon this spring, big fat stimmy coming...

Comfiest motherfucking recession ever right now and crypto is barely even noticing.

>> No.29564864

>>29564741
I'm starting to think we fell assbackward into finally beating the business cycle once and for all.
Maybe all we needed was memes all along.

>> No.29564920

>>29564213
It'll be back, just not any time soon senpai

>> No.29565000

>>29564920
Just wait 10 years like for Gold.

>> No.29565445

>>29564213
>my wife let me
you shoud kill yourself