[ 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: 28 KB, 810x382, Untitled.png [View same] [iqdb] [saucenao] [google]
7643856 No.7643856 [Reply] [Original]

$9100 resistance broken, faggots.

Reminder that next resistance level is $9400-9500 range. Don't go crazy until we get a daily close above $10,700. Still high potential for bull trap. Cautious optimism, /biz/raelis.

>> No.7643885

>>7643856

if we remain over 9065 at close of week then we have first positive week-to-week since december

>> No.7643939

>>7643885
Here's hoping. I don't mind if it breaks down further, honestly. I'm just tired of the horizontal movement.

How long until ((Merika)) comes in taking all the credit? It's 8AM EST, after all.

>> No.7644023

>>7643939
CFTC’s Technology Advisory Committee Public Meeting Rescheduled to February 14, 2018

US has pumped price again for you ungrateful faggots.

>> No.7644339
File: 38 KB, 619x421, rick_perry_shoots_some_rounds_by_rickperryicon-d4epxac.jpg [View same] [iqdb] [saucenao] [google]
7644339

>>7644023
>>Ungrateful faggots
I'm from Texas. The rest of America might as well be Africa compared to my glorious state.

>> No.7644345

>>7643856
>OP gives a good take
>barely any replies.
Comeon /biz/

>> No.7644357

Beautiful 1h doji trend reversal pattern forming

>> No.7644430

>>7643856

Nigga the resistance is 9.3k, if we close above that welcome the bullrun.

>> No.7644447

>>7643856
Yes its still bouncing

>> No.7644509

>>7644430
>>Implying there's only one historic resistance level.
>>Implying it's 9300 based on nothing but the past hour.

>> No.7644586

TRTL on The same trend buy early or pink woj all the way down

>> No.7644618

>>7643885
Right on schedule with the Chinese New Year shuffle.

>> No.7644631

>>7644430
Nigga the resistance is ~11.8k, if we close above that welcome the bullrun

>> No.7644657

>>7644509

I have known and said the big resistance would be 9.3k to confirm a trend reversal since before we even hit 6k on the V bounce, be quiet faggot.

>> No.7644670

>>7643939

I'm american - sold everythig to BTC last night and stay up through all of it. It spiked at exactly 6:50am east coast

>> No.7644694

>>7644357

what exchange?

>> No.7644719

>>7644631
this is the longterm resistance yes, but shortterm we have 9.5k and then 10k coming up.

>> No.7645115

>>7643856
How dare you posting anything relevant on biz? BRAAAAAAAP.

>> No.7645144

>>7644631
That's -a- resistance point, maybe. So is 12,8. There are multiple resistance levels to be watching out for, though. IMO, 11,8 is a very late "confirmation."

But whatever is comfy for you. No sense faffing about 1k in something that's going to ultimately be worth 50+.

>> No.7645172

>>7645115
I'm sorry. I lost my way and sold LINK, then started making real posts. My power level is dropping by the day.

>> No.7645179

Are we out of the meme bubble chart already?

>> No.7645197
File: 1.23 MB, 912x905, 1433477724321.png [View same] [iqdb] [saucenao] [google]
7645197

Expect lots of butthurt from people who sold.

Remember to laugh at them

>> No.7645330

>>7645197
I pity them, anon. But I enjoy taking their money.

>> No.7645409

>>7645330
Also except some LARPs and gamblers who say they sold at 15-19k and bought at 6-8k

This is the most volatile and insane market for so many reasons (tech, regulation, 24/7/365 trading, etc) - trying to time the market is basically just gambling. "selling high" could have made you liquidate at say, ~2000 in july and force you to buy back at 3000 or higher

>> No.7646337

>>7643856
>look at 3 month graph
>still no clear indication the 3m downtrend is stopping
nah... just wait it out! it may be slowing down, but i doubt it's done yet.

>> No.7647239

>>7645330
>We're in a bubble
>Bull trap
>Dead Cat bounce
>Just the last bounce till the "big crash"
>"Big Crash" coming soon

etc etc etc

The reality is that crypto has been over-fudded, and essentially we're going back to the true state of crypto which is a full on bull market. BTC to $100k this year, it can't be stopped no matter how hard to gets fudded.

>> No.7647279

>>7646337
TA doesnt really apply to crypto. YOU STILL DONT GET IT

Applying TA to crypto doesnt work. So many people are trading and investing yet dont see the forest for the trees and dont see the bigger picture - that crypto is a REVOLUTION and not just a fad, tulips, or a stock. You're applying trends to outrageous, ridiculous explosive growth. IT. DOESNT. APPLY.

>> No.7647379

>>7647279
Revolution implies we're returning to something. What are we returning to, anon?

>> No.7647541

>>7647379
are you retarded?

>> No.7647628

sold at 9.3k, now i'm going to work and i'm not going to check it until I get home tonight.

hopefully we end the day back between 8900-9300, because if not I'm basically done with crypto until the next dip.

>> No.7647646

>>7647628
>next crash dips to 19k
>i'd rather buy at 19k than at 9k
lol

>> No.7647651

>>7647379
pedantry it seems

>> No.7647664
File: 331 KB, 1017x1323, alex5.jpg [View same] [iqdb] [saucenao] [google]
7647664

>>7644339
>I'm from Texas. The rest of America might as well be Africa compared to my glorious state.
Succession when?

>> No.7647684

>>7647646

If it never dips back to at least 9.5k I'm just taking my profits and walking away, I'm not going to buy back in no matter how much I'm fomo-ing.

>> No.7647721

>>7644345
/biz/ doesn't like good advice, they like shitcoins and buying high/selling low

>> No.7647740
File: 34 KB, 408x450, dumbshit.png [View same] [iqdb] [saucenao] [google]
7647740

>>7647664
>Succession

>> No.7647804
File: 31 KB, 295x262, notamused.jpg [View same] [iqdb] [saucenao] [google]
7647804

>>7647740
>implying the secession wouldn't be successful

>> No.7648180

>>7647279
crypto is just tiny part of internet revolution
it just turned into a giant speculative bubble because it can be traded, while more important things that will be really used in the future are ignored

>> No.7648372

>>7647740
I mean.. they are one of the states that could actually manage to survive if they left the US.
But it wouldn't really benefit them at all economically, obviously.

>> No.7648465

>>7643856
It's barely making it above 9300, which is a bad sign. The bounce at 9400-9500 might actually push it under 9k again.

>> No.7648562

>>7648465
>It's barely making it above 9300, which is a bad sign.

Stop talking out of your ass. 6 hours ago we were below 9K. There's nothing wrong with having some minor sideways movement after jumping ~9%

>> No.7648565

>>7648465
>It's barely making it above 9300, which is a bad sign
apparently the pump started right after a fake tweet that tether printed $60mil

>> No.7648830

>>7648465
December children are truly insufferable

>> No.7649313

>>7647279
Even as a TAfag, I agree TA doesn't work on most alts. They're even more volatile than BTC and more easily manipulated.

TA is valuable for things like BTC that have been around forever, have huge volume, etc. Specifically, historical resistance/supports show up over and over with BTC charting. I'm not much for meme triangles head and shoulder bullshit in crypto, but horizontals and fib waves have been operating through this whole crash with surgical precision. That is, of course, if you correctly identified them in the first place.

Applying this shit to 5 minute charts on alts is retarded, but to day charts on BTC, very useful.

>> No.7649708

>>7643939
>I'm just tired of the horizontal movement.

We need the fucking horizontal movement for a few weeks, or even months. The market can't be a never-ending rollercoaster of bullruns and crashes.

>> No.7649761

>>7645409
not that many people sold in that range
most traders sold at 13-14 because that was right after the altcoin boom ended and because failure to stay above 14 was a very bearish sign

>> No.7650003

>>7649313
well, if you can predict what happens to BTC, you also know what's going to happen to 99% of alts...

>> No.7650032

>>7649708
Somebody that actually makes sense. Shocking

>> No.7650064

carashing aaaaaany minute now

>> No.7650102

>>7650064
I need to buy some btc to buy alts so I expect it to start crashing the moment I do

>> No.7650143

>>7650102
Bogdanoffs on speed dial, anon.

>> No.7650193

Thanks just shorted 100k x10

>> No.7650221

>>7647239
t. Someone who bought at ATH

>> No.7650293

>>7650032
Return to mean at 9-10k would look good for the future. Be nice if we reached the end of the corrections. Btc had a ton of money put in during November into December. People cashed out yes, but more and more people are piling in. plus the coins are releasing their products and services on the blockchain soon. Good news all around.

>> No.7650500

>>7650102
Don't touch ANYTHING!!!! This shit is a delicate flower!!!!

>> No.7650622

Why are there lots of asks that are lower than the bids on Bittrex? what the hell? Am I losing my mind? That's backwards right?? Am I going fucking crazy?

>> No.7650794
File: 7 KB, 255x197, download (6).jpg [View same] [iqdb] [saucenao] [google]
7650794

>>7647684
>>HE CAN BE FUDDED OUT BUT CANNOT BE FOMOED IN.

PUMP IT! MAKE HIS GRANDKIDS DESPISE HIM.

>> No.7651352

>>7649708
Untrue. You can have a healthy slow climb with plenty of selling going on without being totally stagnant.

>> No.7651466
File: 27 KB, 400x400, Rzs7rY8__400x400.jpg [View same] [iqdb] [saucenao] [google]
7651466

>>7650003
Somewhat. But you want to be charting BTC on daily candles, not alts on 5-15m.

Any alts in lockstep with BTC aren't worth investing in anyway. Better off just keeping the BTC. You want an alt you believe will outperform it if you're an investor.

>> No.7651525

I swear to god I'm never doing this to myself again. I'm never buying crypto again.
The fomo is verys trong since yesterday but I won't do it. No fucking way.

>> No.7651583

>>7651466
every coin that is in lockstep with BTC outperforms BTC in percentage gains.