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2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance

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51576728 No.51576728 [Reply] [Original]

>> No.51576752

kys

>> No.51576761
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51576761

>>51576728
Waiting for the happening

>> No.51576788
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51576788

>>51576728
>deciding based on TA
>in fucking 2022

>> No.51576808

I'm touching cloth.

>> No.51577043

>>51576752
>>51576788
Keep seething all the way to the bottom, brainlets.

>> No.51577099

>>51577043
stochRSI is alright but stochRSI dickriders are gay and cringe. it can stay topped or bottomed for dozens of candles, it can reverse at any time, price can stay pretty much flat while RSI swings wildly. it's not the god-tier indicator "stochRSIchads" like to pretend it is. I've gotten fucked on plenty of leverage trades when stochRSI made it look like I was choosing an optimal entry on the 1hr, 4hr, daily, and weekly.

>> No.51577125

>>51577099
its about probabilities. better to short at the top with a 1% loss than any other time

>> No.51577172

>>51577125
well I have an open short with entry at 19250 so let's hope it plays out on the 1hr and 4hr before it starts pumping on the daily again.

>> No.51577220

>>51577172
closing at 11.9k sounds good

>> No.51577282

>>51577220
Kek I wish. I think we revisit 20-21k before retesting 18000

>> No.51577302
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51577302

Ichimoku bobo here. Feeling quite smug.

>> No.51577316
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51577316

>>51576728
About to roll over on the Monthly. Last bear market both lines hit 0.00 together. And the bear market before that, the lowest the two lines got together was down to 1.10. In the current bear market the lowest they've hit together yet is 2.17 -- and in a completely different manner of meeting (the angles), than the previous bear markets. So yeah, that coupled with the incoming roll-over (blue going under orange), hence the incoming dump, it's quite a while until this bear market is over. Likely will last into early 2023.

>> No.51577673

they're about to cross on the 1hr and 4hr. let's see how this goes.

>> No.51577851
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51577851

>>51577282
> Translation:
> "I wish I had listened to the Stoch RSI chads warning me of the dump. I wish I had sold at 21k. I want another chance. Please pump to 21k so I can sell."

>> No.51577867

>>51577851
lol I already said I have an open short you dumb nigger. I'd love to see it.

>> No.51577978

>>51577282
20-21k is possible. The resistance band in that range is indestructible though and there's no support beneath.
This week is going to be historic in bullbreaking.

>> No.51578113

>>51577978
I have never seen brainlets make such false statements so confidently as I do on /biz/

>> No.51578159

>>51578113
Well at least post your own TA you faggot
>>51577978
I would like to know what resistance you're talking about though. It green dildo'd into 22k like it was nothing on the 8th, and support around 18k has seemed pretty firm for months.

>> No.51578258

>>51578159
Source: his bobo wetdream

>> No.51578297

>>51578258
Ok bulltard. Just insult bears - wouldn't want to post your own predictions and get laughed out of the thread, right?

>> No.51578349

>>51578159
>I would like to know what resistance you're talking about though.
The 50D MA has been resistance since the 19th. The price crossed it on the 12th and then dumped hard on the 13th. The 50D MA is currently sitting at around 21.3k and pointing down.
On the lower end, I'm Ichimoku bobo as I said. The base line is at 20500 and that functions as resistance. The price is also below the conversion line and barely clinging to it.
There's no substantial support above 10k.
Mumu retards can certainly say that it's all going to magically flip around. But until BTC shows a daily candle can close for more than one day above the 50D MA, there's zero reason for them to be optimistic.
They're talking out their asses. They have no reason to be confident except "well, the price has fallen so much, it just has to go up now!" This is pure Gambler's Fallacy.

>> No.51578384

>>51577851
Trend lines that touch nothing are literal meme lines.

>> No.51578567

>>51578349
>The 50D MA has been resistance since the 19th OF AUGUST.

>> No.51578948

>>51577673
well, so far so mediocre. starting to think 1hr is about to reverse and 4hr is going to linger near the top while the 1d starts to pump

>> No.51578978

>>51576788
Using indicators isn't TA. Indicators are like training wheels for people who can't read price charts yet.

>> No.51579136

>>51578978
>Indicators are like training wheels for people who can't read price charts yet.
I am very guilty and self-aware of this. But I have a large watchlist I swing trade off of and it's nice to be able to run down the list everyday and just glance at every chart going "crap, crap, buy, crap, oh that's promising, crap, crap, buy..." by looking at a couple of indicators.

>> No.51579239

>>51578978
I'm cool with training wheels that mean my stay at home wife and myself don't have to touch anything from my paycheck with two paid off cars and three air conditioners going