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8461509 No.8461509 [Reply] [Original]

What does this pattern mean?

>> No.8461528

>>8461509
what pattern exactly?

>> No.8461533

WAKEY WAKEY BTC SNAKEY

>> No.8461534

>>8461528
The M shape

>> No.8461561

>>8461509
The W shape

>> No.8461562

>>8461509
Double top

>> No.8461578

It doesn't mean anything

>> No.8461589

>>8461534
It’s called a double peak. It means strap in anon Elon musk built the rocket that’s about to start this bull run

>> No.8461635

>>8461509
It's the ongoing double oddshaped tit pattern. This means we will push 14k in ~3 weeks.

>> No.8461673

>>8461589
that drop already happened, isn't very relative anymore.

>> No.8461703

>>8461509

BEAR FLAG
BEAR FLAG
BEAR FLAG

>> No.8461917

>>8461703
someone sold the bottom lmao

>> No.8461982

>>8461917

This is 2013/2014 all over again, friend. This bear market isn't over.

>> No.8462046
File: 110 KB, 1236x975, S M I N E M.png [View same] [iqdb] [saucenao] [google]
8462046

>>8461509

>> No.8462049

>>8461673
What drop dude we are on the rise now

>> No.8462070
File: 83 KB, 576x1024, IMG_9785.jpg [View same] [iqdb] [saucenao] [google]
8462070

>>8461509
Double bottom
W shape
Extremely bullish

>> No.8462439

>>8462049
double top, as I said it isn't relevant anymore so I don't understand your reaction.

>> No.8462528

>>8461509
It's called a martingale

>> No.8462547
File: 1.22 MB, 680x491, DenshaDeD_ch01p16-17.png [View same] [iqdb] [saucenao] [google]
8462547

>>8462070
>>8461509

It's the double bottom death cross bull pennant descending triangle!!!!
Strap in for whatever the fuck, you ain't trading stocks anymore boyeee!!!

>> No.8462578

>>8462070
>Double bottom
retard alert
there is 18% price difference between them, so it's not double anything

>> No.8462713

Who knows. Crypto right now is little better than gambling. Might just as well play dice or flip a coin.

>> No.8462772

>>8462713
That’s definitely what it feels like

>> No.8462779

Closest I can think of is 3 soldiers.

>> No.8463193
File: 34 KB, 600x343, eyeballz.jpg [View same] [iqdb] [saucenao] [google]
8463193

My personal oracle has determined this run tops out at 9800.

>> No.8463209

>>8461509
If you guys are serious about TA and crypto, join Xaviers chat.
its 4chans stock/crypto/programming room.

Speak up though cause they kick lurkers
https://discord.me/xavier

>> No.8463221

>>8461534
Well M is for moon.

>> No.8463272

>>8461509
It's called a W bottom. Usually when a stock or a market corrects, we tend to visit "V" bottoms or "W" bottoms. Most often, before an asset can properly recover, the market needs to experience a W bottom first. First, to hit a low, in this case, the first time, BTC visited $5.9k, we tested a low point once more in the low $7s, forming a needed W bottom before recovering. Most often, when the W bottom completes, it visits the same low, we experience a lower low, or a slightly higher low. It looks like we experienced a slightly higher low. Basically, we should be recovering from hear on out. We couldn't otherwise without this W bottom. A V bottom wouldn't have worked in this scenario because BTC rallied so hard. If you would like to see a proper V bottom, take a look at the charts during the China FUD last summer around the end of August/Early September 2017. That is a V bottom.

>> No.8463309

>>8462070
this anon is correct

>> No.8463521

>>8463221
If you take it upside down its W for wambo