Cup and handle forming, blue candle indicates reversal

[Anonymous No.8736744]

very interdasting

[Anonymous No.8736766]

What?

[Anonymous No.8736775]

>>8736744
is this really a cup and handle? looks to me like descending resistance line rejecting the advance twice.

[Anonymous No.8736785]

>>8736766
you're right, I just realized that I was on the 5 min chart and not the 6 hour chart. I am high as fuck my bad, false alarm folks.

[Anonymous No.8736800]

>>8736744
And the pink candle reps the wojaks.
I get it. TA is simple.

[Anonymous No.8736809]

>>8736744
>low volume pumps vs big guy volume dumps
you are gonna get M A R G E D

[Anonymous No.8736818]

>>8736744
cup and handles only count when the movement before the cup was upward. this would be a ski-jump, which isn't a thing.
cup and handle:
./U''
/
what you're pointing out:
\
.\__/


that being said, I'm pretty bullish in the short term, sidways in the mid term, and bullish as fuck in the long term. but I don't even like TA and i keep raging at all you tards that try to see a "cup and handle" right after a crash.

[Anonymous No.8736838]

it'll be a "cup and handle" when we get back to 18k and go sideways for a couple months

[Anonymous No.8736856]

>>8736744
Inverse Sideshow Bob

[Anonymous No.8736869]

>>8736744
That isn't a cup and handle you fucking idiot.

[Anonymous No.8737014]

[Anonymous No.8737072]

>>8737014
he's always wrong. do the opposite

[Anonymous No.8737090]

>>8737072
wait but isn't it "do the opposite of what biz says"

[Anonymous No.8737094]

we are going up all this bla bla bla and read tarots is useless even a blind could tell you this.but ofc nobody on /biz/ bought the reversal muh 4k

[Anonymous No.8737113]

>>8737094
This isn't reversing anytime soon. No, I'm afraid bitcoin has a ways to fall. $4k was always the minimum it would fall. Many believe thr true bottom is $2,000.