/biz/ - Business & Finance

Hi guys. New to TA. Why does pic related looks so much like link-btc on the 4h?

Thanks

For all the linkies wondering if they should sell. Please refer to pic related.

You're welcome

>>14897120
nah don't do that, do some working out
freebie - apply this to the weekly chart

>>14665432
almost textbook so far
2nd leg up to the UT

link has completed it's distribution at the top and is going back to where it belongs soon

>>12064067
I'm not surprised. But I feel like this bear market made a lot of anon change their mind regarding TA and they're more open to it now as they're trying to understand what the fuck is going on. Maybe displaying the whole pattern could have helped?

These patterns work pretty well for stocks but I often have a hard time seeing them clearly in crypto with all the huge wicks. Also, bigass dildos coming out of nowhere due to little liquidity. That's why I 'm not 100% sold on this accumulation pattern and might wait for a break out to take a momentum trade.

Consensus is just a big sells the news event brainlets. Me being big brained tethered yesterday.
Also Wyckoff. We are in phase D.