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51090532 No.51090532 [Reply] [Original]

it's different this time?

>> No.51090579
File: 693 KB, 1662x794, 1649970886937 (1).png [View same] [iqdb] [saucenao] [google]
51090579

>>51090532
bottom is in. crap is soon over. curve starts to bend.

>> No.51092173

>>51090532
It probably is different this time. It's very rare for things to happen more than two times in a row. After the second time, everyone sees the pattern and will sell out on the downfall. As we rebound up to the line, already being sold pretty heavy, any hint that we aren't bouncing down again will cause fomo and essentially a short squeeze. Not saying it's impossible to go down again, but usually you only see the repeat action once, not twice

>> No.51092202

>>51092173
you can only draw a line with 2 points, retard. it's the first time it's happening in the graphs (not talking about the indicator).

>> No.51092243

>>51090532
is the stoch rsi correct?

>> No.51092307

>>51092202
Right so you shouldn't take a downward trade here. You see the line you've drawn with your two data points, and see both times we bounce down and away from a trend line.
This means as we approach the line again, you should look for a break in the pattern. You should watch as we approach the line for a breakthrough of the line and then buy in after confirmation. You shouldn't be looking at this as an opportunity to short

>> No.51092323

Yes

>> No.51092329

>>51090579
>big honking double top
>it's not over
lol

>> No.51092345

no, it's going to 7.5k
then it will never reach its ath again
its over, the bubble has burst

>> No.51092362
File: 60 KB, 500x296, 1585198181.jpg [View same] [iqdb] [saucenao] [google]
51092362

>>51090579

>> No.51092369

>>51090579
>Entering into worse recession since the 30s
>The bottom is in lads!
Bitcoiners are delusional if they think they are immune to reality lmao

>> No.51092429

>>51090532
is this real?

>> No.51092456

>>51092362
literally 1 line and you cant follow?

>> No.51092473

>>51090532
no because it needs to reach the median with is 14k. then idk what will happen, probably a long crab (depression phase), for a year or so, slowly rising, then the bull run.
also consider the possibility of a 2008 crash which could create a sudden drop under 10k but only briefly imo

>> No.51092499
File: 334 KB, 240x138, NegligibleGrizzledBasil-max-1mb[1].gif [View same] [iqdb] [saucenao] [google]
51092499

>>51092369
Only a few understand

>> No.51094192
File: 243 KB, 680x709, yes.png [View same] [iqdb] [saucenao] [google]
51094192

>>51092362
>Can you see it?

Yes.

>> No.51094216

>>51090579
i think bottom is in, around 17k but i'm not sure if we retest it this year again or until 2023

>> No.51094297

>>51090532
According to your graph it can cross and keep going up.

>> No.51094352

>>51094297
sure it can, that's why i'm still holding like 60% crypto and 40% cash in case