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/biz/ - Business & Finance

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5571112 No.5571112 [Reply] [Original]

/biz/, in the next 2-4 days we will know where this market is going. TA is a self fulfilling promise, even more so in crypto because bots look for certain indicators like RSI.

I'f bitcoin drops below this long term trend line then we are all fucked. If it bounces then its ghoing to be Crypto Season for BOTH BTC and ALTS.

>> No.5571168

you don't

>> No.5571201

>>5571168
gtfo pajeet.

>> No.5571269
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5571269

>>5571112
what now, faggot?
>muuh meme lines

>> No.5571320
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5571320

It was yesterday

Bazinga effect is over

>> No.5571351

>>5571112
one line is not technical analysis.

>> No.5571377

This is what stop loss orders are made for

>> No.5571412

>>5571112

"self fulfilling promise" wtf, you mean prophecy.

You fags are retarded with your triangles and lines and shit, you still haven't noticed how obvious it is to basically predict the move of any market.

LOOK AT THE CHARTS
NOTICE ANYTHING?

Look at where something bounced, then look to the left of the chart. Notice the price action.

>> No.5571432

>>5571269
TA is an art, not a science.
Bull trap + H&S. There's a very good chance this is going to 9000 within a week

>> No.5571441

>>5571269
Top kek

>> No.5571487

>>5571112
TA is a meme
accumulate, pajeet

>> No.5571511
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5571511

>>5571432
>TA is an art, not a science.
yeah, yeah. You know what's also an art? Pic. related.

>> No.5571991

>>5571432
if it was a head and shoulders it would have kept falling on dec 25th

>> No.5572065
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5572065

>>5571991
Maybe it's some puking animal again?

>> No.5572083

>>5571991
this

its now an upwards channel

>> No.5572135

>>5571991
no... there's no law that H&S has to break the bottom. If its a good H&S pattern, there's a good chance the price will drop by the size of the H&S IF the bottom is broken.

>> No.5572347

nicely summed up

>> No.5572382
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5572382

>>5571112
get out tax free tho
>>5554083
fuck yeah niggerdicks

>> No.5572414
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5572414

>>5571112
Yup. I've been looking at the same chart for the past 2 days. I have it set to buy back in ladder steps. 13k, 10k, then 8.5k.

>> No.5572427

>>5571432
9000 would be the next support.
Sorry for all you LOW IQ street shitters who arent able to understand such intricacies.

>> No.5572803

>>5572427
If this wasn't one of the best investment opportunities of the past 50 years you morons would be broke already. For one your dates aren't optimal, TA is basically worthless when combated with big news stories, and this market is both global and largely unregulated which is going to let it do things that wouldn't be possible in traditional markets (those things where your TA info comes from). I hope you make fuckloads off crypto. You'll need it to survive if you continue to think you know anything

>> No.5572985

>>5571112
who would have thought BTC going down would be what raised the SAT values of alts the most instead of alts catching up.. funny, if you're in BTC you're deflating.. if you go all in alts you're inflating fiat and sat value just sitting there while BTC goes down