[ 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: 147 KB, 1920x1080, rip SPX.png [View same] [iqdb] [saucenao] [google]
52217062 No.52217062 [Reply] [Original]

complex double top with a 20k neckline in BTC. if confirmed, minimum target is 18940$~18970$ (H2-L2 or H2-L1 projected downwards from the neckline).

>> No.52217075
File: 1.05 MB, 3024x1740, Screenshot 2022-11-03 at 11.44.39 pm.png [View same] [iqdb] [saucenao] [google]
52217075

>>52217062
nice

>> No.52217182
File: 1.32 MB, 1024x1280, Jerome_H._Powell,_Federal_Reserve_Chair.jpg [View same] [iqdb] [saucenao] [google]
52217182

>>52217062
>>52217075
BEARS, SAY IT! "THANK YOU, DADDY POWELL!"

>> No.52217232

>>52217075
ive seen you post this on other threads what the fuck does this have to do with anything
your 1 min chart is useless and all i can imagine is your tab of "No fap strategy" is there to bait people

fuck you

>> No.52217246

>>52217062
Nice.

Send my regards to Francis

>> No.52217257

>>52217182
YOU BITCHBOY CALL HIM L O R D POWELL! AS WE LIVE BY HIM AND DIE BY HIM

>> No.52217269

>>52217062
Oh and it’s a H&S btw but that’s a technicality

>> No.52217316

>>52217269
yeah, we can kinda see the shoulders there
>captcha: 0Y HRT N

>> No.52217407
File: 164 KB, 1920x1080, HnS.png [View same] [iqdb] [saucenao] [google]
52217407

>>52217269
I didn't say it was a HnS because the left shoulder was pretty much made of wicks, but we can see the price-volume action can be seen as that of a HnS

>> No.52217661
File: 118 KB, 1920x1080, faking.png [View same] [iqdb] [saucenao] [google]
52217661

>>52217062
faking a recovery for more morons get trapped

>> No.52218071

>>52217075
>1m
>NoFap Strategy
Either a well formed piece of bait or you're just retarded.

>> No.52218165
File: 31 KB, 465x383, 1665401999329148.jpg [View same] [iqdb] [saucenao] [google]
52218165

>>52217661
LOL
it could just as easily be a bear trap

>> No.52218362

>>52218165
did you watch the FED meeting yesterday? lmao, JP single handedly destroyed any ounce of hopium that bulls still had.

>> No.52218483

>>52218362
the game isn't in favour of retail
watch what spx does

>> No.52219241
File: 512 KB, 1000x1000, dark bobo.png [View same] [iqdb] [saucenao] [google]
52219241

>>52218483
retail is WAY overbought, mainly in crypto.

https://www.lookintobitcoin.com/charts/wallets-greater-than-1-btc/
https://www.lookintobitcoin.com/charts/wallets-greater-than-10-btc/
https://www.lookintobitcoin.com/charts/wallets-greater-than-100-btc/
https://www.lookintobitcoin.com/charts/wallets-greater-than-1000-btc/
https://www.tradingview.com/chart/gxdje86h/?symbol=BITFINEX%3ABTCUSDLONGS
https://www.tradingview.com/chart/gxdje86h/?symbol=BITFINEX%3ABTCUSDSHORTS

rip all mumus.

>> No.52219582

>>52219241
i don;t deny we are in a bear market anon, but spx probably needs to climb back up at least half way before it goes down further
also those charts arent public.

>> No.52219717
File: 1 KB, 66x125, 1663949136350513s.jpg [View same] [iqdb] [saucenao] [google]
52219717

>>52217182
thank you daddy powell, feed me more cheapies!

>> No.52220112
File: 484 KB, 1920x2026, DJI.png [View same] [iqdb] [saucenao] [google]
52220112

>>52219582
SPX had space to go up, but DJI is pulling it down.

>> No.52220183
File: 512 KB, 160x160, 1666571440781801.gif [View same] [iqdb] [saucenao] [google]
52220183

>>52220112
t-thats your meme chart r-right?

>> No.52220359

>>52220183
nope, and it's all based in the first book of technical analysis ever made: Technical Analysis of Stock Trends by Robert D. Edwards and John Magee

>> No.52220419

>>52220359
ah, that would explain it
i use supply and demand
i mean i use trend lines some of the time but that many just looks ridiculous,
if you make money, with it, can't go wrong really

>> No.52220515

>>52220419
it may look goofy, but you really would be surprised how many times the candles perfectly touch (0 to 0.1% variation) even in the 1 min chart support/resistance lines made with bottoms/tops with months apart between them. it's fucking absurd, but it happens ALL THE TIME.