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What does this huge long red wick mean? Anonymous Mon Mar 13 21:41:42 2023 No.54099233 [Reply] [Original]

Eth 1 Hr chart.
Is the uptrend going to continue or is it finna dump

>>	Anonymous Mon Mar 13 21:44:13 2023 No.54099282 finna?

>>	Anonymous Mon Mar 13 21:45:21 2023 No.54099304 >>54099233 if it touches it it will trade it

>>	Anonymous Mon Mar 13 21:45:48 2023 No.54099313 >>54099233 its gonna go up. that wick got bought up, but if it keeps getting tested and BTC run's out of buys its gonna dump

>>	Anonymous Mon Mar 13 21:49:13 2023 No.54099397 >>54099233 1488 is the natural price

>>	Anonymous Mon Mar 13 21:55:07 2023 No.54099505 File: 1.86 MB, 1872x1492, Screenshot 2023-01-26 at 7.41.34 PM.png [View same] [iqdb] [saucenao] [google] >>54099397 Based.

>>	Anonymous Mon Mar 13 21:56:23 2023 No.54099538 >>54099313 That's what I was thinking. Happened right at 4:25, probably boomers closing their positions before going to happy hour.

>>	Anonymous Mon Mar 13 21:57:54 2023 No.54099571 File: 208 KB, 372x474, Pep_zoomer.png [View same] [iqdb] [saucenao] [google] >>54099282 'bouta

>>	Anonymous Mon Mar 13 22:02:21 2023 No.54099654 File: 2.32 MB, 2064x1620, Muntjac.png [View same] [iqdb] [saucenao] [google] >>54099304 I've noticed that when there is a big isolated wick like this it tends to mean whales are positioning for a major move in the opposite direction.

>>	Anonymous Mon Mar 13 22:34:00 2023 No.54100266 >>54099233 >uptrend zoom out. then check eth/btc ratio. eth is dead. and gay

>>	Anonymous Mon Mar 13 22:35:57 2023 No.54100295 >>54099233 It means that someone tried to open a short position and the buy orders ate it in the time period of that candle.

>>	Anonymous Mon Mar 13 22:37:47 2023 No.54100322 >>54100295 Ohhhhh

>>	Anonymous Mon Mar 13 22:40:12 2023 No.54100353 File: 92 KB, 356x340, 1678707053465885.png [View same] [iqdb] [saucenao] [google] >>54099397

Anonymous Mon Mar 13 22:41:33 2023 No.54100372
File: 3.12 MB, 1252x1632, satoshi-knew.png [View same] [iqdb] [saucenao] [google]

You guys are too paranoid, there are only 21,000,000 Bitcoins ever.

There are 27 trillion dollars in existence and they just printed hundreds of billions of more dollars in the last few days to bail out the rich that would have lost money in the SVB collapse.
You place far too much weight on the USD as a source of value, its a failing currency.

>>	Anonymous Mon Mar 13 22:42:12 2023 No.54100381 File: 133 KB, 820x711, 790-7908294_sticker-de-krankin-sur-other-wojak-rage-rekt.jpg [View same] [iqdb] [saucenao] [google] >>54099233 it means that market makers liquidated my long position

>>	Anonymous Mon Mar 13 22:42:48 2023 No.54100387 >>54100381 Good.

>>	Anonymous Mon Mar 13 22:43:28 2023 No.54100398 PoS = Piece of Shit Simple as

>>	Anonymous Mon Mar 13 22:49:07 2023 No.54100484 >>54100387 Never cheer when others lose money. Bad luck

>>	Anonymous Mon Mar 13 22:50:07 2023 No.54100499 File: 10 KB, 500x500, Pepe_EyeCYclops.jpg [View same] [iqdb] [saucenao] [google] >>54100398 This.

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