[ 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: 241 KB, 890x854, bobo-reads-newspaper.jpg [View same] [iqdb] [saucenao] [google]
23514954 No.23514954 [Reply] [Original]

the weekly just closed above 13k

>> No.23514977

Yeah I'm thinking we might have a new bottom at 13k. At least until the inevitable 2021 financial crisis.

>> No.23514990

Unironically sell signal.
Everybody is bullish

>> No.23514992

>>23514977
$14k next week

>> No.23515007
File: 828 KB, 607x608, pepexmas.png [View same] [iqdb] [saucenao] [google]
23515007

>>23514977
we are approaching uncharted territory

>> No.23515041
File: 290 KB, 624x557, 1602904126798.png [View same] [iqdb] [saucenao] [google]
23515041

>>23514990
jokes on you, i have nothing to sell, im short since 10k

>> No.23515070

>>23515041
lol based, post short

>> No.23515093

>>23514954
failed a 13k support retest but theres still fuckloads of buying pressure

id say it still looks bullish

>> No.23515114
File: 90 KB, 700x518, 1596920149179.jpg [View same] [iqdb] [saucenao] [google]
23515114

>>23515041
Based. The correction shall come and it will be beautiful

>> No.23515152

>>23514990
Why the community is pretty euphoric, I think thats mostly hodlers who aren't buying or selling.
Many 'traders' are underwater on shorts and desperately hoping to cover while more and more big money is increasing positions. We might see some more squeezing before the a correction.

>> No.23515291

>>23514990
>Everybody is bullish
one big shakeout to cuck the newfag bulls and we'd be good to go

>> No.23515352
File: 94 KB, 1314x765, beardiv.png [View same] [iqdb] [saucenao] [google]
23515352

Permabulls: do you know what a bearish divergence is? cuz this shit is fucking ogre

>> No.23515445

>>23515352
i actually didn't know about this. im still learning the finer art of technical trading. thanks anon. this is pretty bearish but regardless i think it'll come back to retest around the 13k level again within the next few months even if it does dump hard in hte next few days

>> No.23515460

STF

>> No.23515491

>>23515445
I mean I don't really care about drawing memelines but oscillators are pretty good indicators of whats about to happen when they show such obvious signs.

Long term it could hit 50k, 100k or even 1M, but short term it is going to fall and it's gonna fall hard

>> No.23515554

>>23514990
You think people weren't bullish when we went to 20k? lul. go ahead and sell bud