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/biz/ - Business & Finance


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10661611 No.10661611 [Reply] [Original]

does 4chan do TA? im trying to learn which candlestick formation is this?!
what do they mean by this?

>> No.10661624

>>10661611
heartbeat pattern
btc is coming back to life soon

>> No.10661631

It's the Cheyne–Stokes pattern.

>> No.10661637

the P&D pattern, mostly seen in pajeets coins such as Bitcoin since Bitmex is the biggest exchange by volume.
Fuck degenerate gamblers and their x100 leverages

>> No.10661638

>>10661611
huge buy with a tight stoploss getting triggered?

>> No.10661678

A nice double top to add to shorts

>> No.10661711

It's the log out of bitmex pattern. Also anyone shorting here, especially with high leverage, is a fucking moron

>> No.10661714

>>10661611
Bags unload.

>> No.10661727

>>10661611
saj candle

>> No.10661735

>>10661631
>Cheyne–Stokes is an abnormal pattern of breathing characterized by progressively deeper, and sometimes faster, breathing followed by a gradual decrease that results in a temporary stop in breathing called an apnea

>Apnea or apnoea is the cessation of breathing.
bitcoin nooooo....

>> No.10661745

>>10661611
it's called the electrocardiogram formation, and occurs when Bitcoin gets a much-needed shock to the heart.

>> No.10661756

This is very well known pattern in India

Dodge the pit, step in shit

>> No.10661767

>>10661611
this was a lower high - bull move without enough strength behind it. A lot of people set their sell limit orders just below the 6485 resistance, and the bulls didnt get through it. same thing happened on the other side, with the 6190 support, bulls managed to form a higher low to maintain the trend. TA is not just cups and handles, it is trend analysis mostly, augmented by indicators

>> No.10661794
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10661794

>>10661611
ah the classic bitfuck formation, caused by the new paradigm of leveraged traders

>> No.10661796

>>10661611
Looks like the fucking Facebook crash chart.

>> No.10661828

>>10661794

God sure has a fucked up sense of humor