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/biz/ - Business & Finance

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16904136 No.16904136 [Reply] [Original]

Up or down?

>> No.16904142

Down.

>> No.16904143

yes

>> No.16904144

TA is obviously saying yes.

>> No.16904150

>>16904136
that is obviously a continuation pattern

>> No.16904156
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16904156

UP UP UP

>> No.16904165

Pump to 9100.6 then violent rejection. Bottom will be 7980.8 and then continue to 260k in 2022 screencap this

>> No.16904168

>>16904150
>>16904156
Volatility is extremely bearish.

>> No.16904188
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16904188

>>16904136
Momentum is upwards. But we need to cool down first.

>> No.16904190
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16904190

>>16904136
Isn't this also a rising wedge wedge?

>> No.16904198

>>16904165
under 8.4 we would be back at the bear market faggot. but there will be no drop but a run to 11k

>> No.16904204

>>16904168
Volatility is the only thing that makes this market valuable. Cryptos are useless

>> No.16904206

>>16904190
Also symmetrical triangle can breakout to any point up or down as i know. I think it will dump desu.

>> No.16904207

>>16904143
>>16904144
this
it's either up or down

>> No.16904268

>>16904204
Upward volatility, yes. But look at that chart in the OP and tell me if it looks like a coin that's mooning.

>> No.16904282
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16904282

>>16904206
>Also symmetrical triangle can breakout to any point up or down
That's why I asked.

>> No.16904286

go to deribit, and buy a stradde on options.

>> No.16904299

>>16904268
Direction doesn't matter, that's the whole point of margin trading. Regarding your question I'm baffled this shit hasn't crashed and burned yet, 9k is technically rejected at this point

>> No.16904309
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16904309

>>16904282
There is a rising wedge so probably dump is imminent

>> No.16904322

>>16904136
A bull flag never drops 50% below its pole. Thats going to be a down for me dawg.

>> No.16904334

>>16904309
Looking at higher timeframes, the daily candle is actually looking like a spinning top.

>> No.16904342

>>16904309
Plus, BTCUSDLONGS are at 32k while BTCUSDSHORTS are at 6k. A squeeze might happen too.

>> No.16904430

So, reading /biz/‘s common thinking should be down but then up, not breaking the major uptrend.

>> No.16904495

other than the 9k meme its natural path is to trickle downwards which may/may not turn into a waterfall depending on sentiment. investors will wait to buy, they aren't going to get front-run because there's not enough consistent volume to pump it. traders are busy with alts which are more profitable atm. literally the only people who want it higher are late to the party BTC longs on high leverage, ie /biz/ pajeets

>> No.16904690

>>16904495
uncle whale predicted 10-11k before the next correction.

>> No.16904694

>>16904136
Up!