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57202764 No.57202764 [Reply] [Original]

>> No.57202775

>>57202764
$1 on black
$1 on red
I'm hedged

>> No.57202805

You're not supposed to draw these from wicks and you're not supposed to draw the top trendline from a red candle. No one else on this board would have told you this. They're all fags. Good luck.

>> No.57202832
File: 45 KB, 649x445, meeeeep.png [View same] [iqdb] [saucenao] [google]
57202832

>>57202805
>not supposed to
>not supposed to
guess what, if people see the pattern, it works and doesn't matter what your CT twitter fag tutorial says

>> No.57202851

>>57202832
You know what this was a mistake, you're the fag and so am I for trying to give you some genuine advice. You fucking retard.

>> No.57202857

its obviously gonna break down
source: im in a short right now

>> No.57202864

>>57202851
love u stupid nigger

>> No.57202865

>>57202764
Probably going to break down to nuke a couple longs and then produce a huge green dildo to rekt shorties. Would be rather typical.

>>57202805
I can see the point about the wicks, but what about the red candle stuff?

>> No.57202868

>>57202764
Given how hard they tried to tank the price just a week prior to ETF, you just know it's going to be approved.
Inside her trading.

>> No.57202906

>>57202764
Is going to pump. No source other than my intuition.

>> No.57202929

>>57202805
Where can I learn more about patterns and shiet? You seem like a cool guy please tell me.

>> No.57202938

>>57202764
Betting on breakout to the upside, then down within three days.

>> No.57202943
File: 54 KB, 727x475, brave_lk95FRuyZp.png [View same] [iqdb] [saucenao] [google]
57202943

>>57202764
My bet?
>captcha S0Y0RP

>> No.57202957

>>57202805
>50% of the times my lines are correct

>> No.57202971
File: 198 KB, 1000x1000, zmvn8d9imvp41.jpg [View same] [iqdb] [saucenao] [google]
57202971

>>57202943

>> No.57202989

Crab to milk all the interest from leveraged positions.

>> No.57203013

>>57202805
>You're not supposed to draw these from wicks
Says who? Didn't the price go there? Do you actually think wicks are not part of the price action? LMAO

>> No.57203033

>>57202805
I've read the first technical analysis book ("Technische Analyse von Aktientrends") and you're full of shit.

>> No.57203046

you're charting short term price action retard. I bet we flush to 43k again then test the highs. we are playing the 40-45k range until an actual eft announcement

>> No.57203220

>>57202764
We need to see if BTC crabs up higher but we might actually be in an ascending triangle.

>> No.57203284

>>57203033
oh really explain to me how the charting itt isn't just arbitrary fag shit then
pro tip it is

>> No.57203286

>>57202764
12k

>> No.57203325

>>57202943
its always like this, triangle retards just stop responding when it happens

>> No.57203331
File: 70 KB, 1578x1024, ta.png [View same] [iqdb] [saucenao] [google]
57203331

here's my honest attempt at it, using my understanding of trendlines

>> No.57203337

>>57203284
you're dumb, and OP is retarded
>using anything below 1D

>> No.57203376

>>57203337
>>using anything below 1D
i don't..
except this >>57203331
because that's the timeframe op was using

>> No.57203438

>>57202764
AAAAAAAAA STRESSSSSSS

>> No.57203439

>>57203376
Ok, long explanation. OP is trying to find pattern in very small timeframes, which, generally, are only the noise of bigger movements. That makes him a tard. But you're saying that you can't draw resistance lines from red wicks, which is not true. Support or resistance lines can be drawn even from extreme wicks, and they're valid if they're accurate in predicting future movements - the more the price behaviour touch a support or a resistance, the more reliable it is.

>> No.57203452
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57203452

>>57202775
it's gween!

>> No.57203479

>>57203452
ITSNGONNA RUGG OR PUMP ANY MINUTE NOW

>> No.57203483

>>57203284
That's not what you argued. You argued that he did it wrong.
Also this is just TA for a breakout and not some retarded shit like Massive up or dumb.
This is matching in line with the SPY.
Yeah no one knows but is coming soon if you want to place your bets.

>> No.57203515

>>57202805
Fuck off to Turkey and fix your hairline finally, Benjamin

>> No.57203518

>>57203479
crab moment

>> No.57203549

>>57202764
Ok now we pump, got my long in

>> No.57203569

>>57202764
>The thing gets approved
We pump to 55k, then correct and crab for a while into giga bullrun
>The thing gets rejected
We dump to 30k and bounce back to 37. Then a slow bleed to 33-34, a retest dump to 30k. Then we slowly rise and in march the giga bullrun starts.
But only if the world economy doesn't shart

>> No.57203578

I'm up 5% niggers god candle now

>> No.57203614
File: 25 KB, 511x310, mooooop.png [View same] [iqdb] [saucenao] [google]
57203614

>>57202764
wowow, look at that backtest of my incorrect meme lines >>57202805

>not supposed to
>not supposed to

>> No.57203638

and now.....DUMP IT

>> No.57203659

I care much more abouth whath ETH/BTC doesth desu

>> No.57203677

>>57203483
yep, just a contraction pattern that could go legit either way kek

>> No.57203746

FAKEOUT WE'RE DOOMED

>> No.57203835

>>57203439
Trendlines ≠ support/resistance lines though? I was taught you're supposed to draw trendlines from closes, not from wicks.
>>57203483
>You argued that he did it wrong.
He did it wrong because it was done arbitrarily. The way he drew it you could literally just fucking refit it anywhere, which is what pisses people off about TA fags. And that is what I'm arguing.

>> No.57203868

>>57203614
you're using like 1 min candles there you fucking retard

>> No.57204137

>>57203835
You're not wrong in saying they must be drawn from closes, that's a possibility in the classic theory. But markets don't really work like that anymore. Crypto is even more schizophrenic, so DO consider scam wicks. About trendlines and support/resistance: every trendline is either a support or a resistance, but not every support/resistance is a trendline. Why? Because trendlines are inclined, while support/resistance can be horizontal.

>> No.57204319
File: 179 KB, 2922x1455, chart.png [View same] [iqdb] [saucenao] [google]
57204319

>>57204137
Ok then, I understand and have been wondering if classic TA even applies to crypto like that or how strict those rules are...the way that crypto is, for instance how you need two candles to form a leg but we see 20+% scam wick candles all the time...

Anyways if you're so smart, which of these are useful/correct, or are either of them correct?

>> No.57204335

>>57204137
>>57204319
I mean if it's me it's respecting the support/resistance at the closes and I would just discard the one drawn from wicks, right?

>> No.57204344

>>57204137
Also it looks like it's gonna fucking dump soon, doesn't it? That must be why my fucking alts are getting wrecked, because it's printing a fucking rising wedge...

>> No.57204348
File: 58 KB, 628x500, PANIC.png [View same] [iqdb] [saucenao] [google]
57204348

AAAAAAAAAH FAKEOUT AND NOW TEST BOTTAM OF MEME PATTURN

>> No.57204355
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57204355

>>57204348

>> No.57204372

I'm bored just give etf

>> No.57204445
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57204445

>>57204344
It's difficult to draw something decent recently - by decent I mean "not tryharding to find a pattern". It could either be an ascending wedge or an ascending triangle that "failed" its first breakout. This is the best I could do, using some price behaviour volume study from the 40k and up - Fixed Range Volume Profile btw. I've left only the lines that, accordingly to the theory, couldn't be ignored. For now, it's above 43700$: a ~floating~ support generated by the FRVP- which can become a resistance if the price falls below it again.
btw my ip changed but I'm 'hWhV5dfv'

>> No.57204622

>>57202943
Sensible Chuckle

>> No.57204631

>>57202764
Gongo dow.

>> No.57204664

>>57203677
It almost always breaks the way the flag pole is pointing… in this case, down. It’s a small timeframe pattern though, like I said, so a break down not means 43k in this case. Larger timeframe pattern looks very different

>> No.57204861
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57204861

>>57202764
If it takes a nosedive, I'm gonna snag more QANX, WAM, and TIA bags. If it moons, my bags are gonna moon too. Either way, I ain't losing a damn thing. HODL on

>> No.57204883
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57204883

>>57202764
Down to 35k on ETF delay.

>> No.57204906

>>57203452
I hate that so many severely ugly people are able to get huge followings on YouTube.

>> No.57204914

>>57204861
That is what i do to ease the pain in the nerves, have a stack and tether, so you are more calm because you can profit in both scenarios.

>> No.57204917

>>57202851
>n-no you aren't reading the tea leaves right!
Faggot

>> No.57205237

>>57204445
Yeah that's the other thing, there is like NO fucking market structure anymore. I'm not familiar with the ins and outs of FRVP, at least not as anything but something ancillary to other indicators. But shit I'm realizing I should have just fucking sold at the end of the year.

>> No.57205911
File: 31 KB, 736x492, bloop.png [View same] [iqdb] [saucenao] [google]
57205911

>>57202764
won't get to see the conclusion of this meme cuz gotta sleep, blueballed

>> No.57206005

>>57204917
>>n-no you aren't reading the tea leaves right!
Yes, and?

>> No.57206151

>>57205911
how long until it decides? by monday?

>> No.57206430

>>57206151
Sometimes it does an early frontrun on Sunday nights GMT time, but yes - by Monday it should be p clear.

>> No.57206452

>>57202764
It's going down as always to $42-$43k range. $44k is a fucking resistance.

>> No.57206591
File: 518 KB, 1194x1200, 1696574791872949.png [View same] [iqdb] [saucenao] [google]
57206591

>>57206452
Just cleared that resistance and NOT LOOKING BACK.

>> No.57206605

>>57206452
Not really. The real resistance is between 44.5K and 45K - the old top. If it struggles, but can't clear that, then the dump is pretty much confirmed. If it does blast past that welp - I guess 47-48k is happening after all. Or it really is the bullrun, tho I still don't see how dafuq that happens with retail normies still utterly unwilling to jump onboard.

>> No.57206741

>>57206430
k thanks.

>> No.57207896
File: 21 KB, 372x383, Snibs.jpg [View same] [iqdb] [saucenao] [google]
57207896

>>57202943

Based.

>> No.57208166

>>57206605
48k is key fib ret. fakeout to 50k area then 30k crash.

>> No.57208192

>>57208166
48k is too obvious, we wont pump that much

>> No.57208379

>NOOO YOU NEED TO DRAW THE LINES THIS WAY
Kek

>> No.57208479

$51,500. +17% day of approval.

>> No.57208504

Debating on whether to sell now or wait to see how it performs after ETF

>> No.57208541

network highly congested right now, lol. i'm saying it goes higher.

>> No.57208724

>>57208504
>trying to swing something that will do a 3x at least
zoom out

>> No.57209385

>>57202805
>uhm actually the EXPERTS SAY

>> No.57209968

>>57202764
$44110, Seems like it broke to the upside, hm?

>> No.57210042
File: 204 KB, 1187x1052, snibs.png [View same] [iqdb] [saucenao] [google]
57210042

>>57202943
winner