/biz/ - Business & Finance

>>51710604
this is exactly what it was like before the cliff to 3k

>>51710630
No, it wasn't. That was a descending triangle. That dump was also not in an October. It was november. That was also 11 months of a descending triangle. This time it looks more like a giant falling wedge that is now entering the 12th month. Last time in 2018 was also after a blowoff top.

>>51710630
Also I have indicators hidden, but there was an extra push in the tail end that sent it to 3k. It wasn't just "a descending triangle". That same indicator has been flashed this time while in 2018 it flashed at the tail end of the pattern.
Completely different structure

>>51710630
that was smaller and smaller pumps as we kept hitting "support" again, while OP is talking about smaller and smaller dumps while we keep hitting resistance again

>>51710630
Also even if you want to argue it's in a small descending triangle within the falling wedge, that's a 4 month pattern, not 11 month descending triangle like the 2018 one. It technically could take it to like 13k even. The target is technically 6k, but there is too much support at 9-13k for that to even be a possibility.

>>51710604
yep. we're fucking back bullbros!

>>51710753

>>51710759
Your post neither proves nor denies anything. Low effort af

>>51711001
>af

>>51710604
>>51710691
i guess well soon see, my dear

>>51711112
->
>>51710768
>>51710703

>>51711112
If you open your eyes and look more closely, you will notice that what is happening is the opposite
Take the triangle and flip it upside down, idiot

>>51710691
LMAO, tilts the screen and puts it on monthly candles to hide the recent price action and make it look worse than it is.
>Line has to keep going down

>>51710604
>Dumptober is notoriously bullish as shit

>>51711320
It's tilted because I was too lazy to go on my app and screenshot, nigger. Learn to be resourceful. You literally could have verified it manually

>>51711374
Retards. All of you

>>51711320
Also falling wedges are bullish, retard

>>51710604
op is a fucking retard. close longs and open shorts asap, see you at 13k

How do you know how much support there is at levels below 17.7k? The other day a bear said there was no support above 10k below 17k so I asked him how he knew and he just kept saying I was too retarded to understand so he wouldn't answer, which makes me think he was a retard pulling shit out of his ass.

>>51711537
Indicators I am not wiling to share. Even ignoring that, you can also look at where most of the resistance was/was of the trading ranges were at i.e. about 12kish
aka VPVR

>>51711537
i don't know the exact distribution right now, but there are sites where you can see how many buy/sell orders are placed at which price ranges. this is a good indication of support/resistance, also prior price action, there wasn't much resistance/support there before, price shot right through it either up or down.

>>51711587
>was of the trading ranges were at
*where most of the trading range was at below us

>>51711508
I literally pointing this out here, monkey: >>51710768
>>51710753

BUT ALSO this: >>51711412

>>51711618
you're straight delusional. i give it one week until we break 17k again and continue free-falling

>>51710604
lengthening cycles and stock to flow are dead as a doornail. learn from last year.

>>51711651
Are you illiterate?
>It technically could take it to like 13k even. The target is technically 6k, but there is too much support at 9-13k for that to even be a possibility.
Can you not read? Even a break down from the smaller descending triangle wouldn't cause the falling wedge (nearly a 12 month pattern) to fail.

>>51711674
Couldn't care less about that.
1. Bear markets typically end after a year
2. Recessions typically end in about 10-11 months post ww2 putting the end of the recession at about December or January
3. When recessions end are when the hyper bullruns happen

>>51711712
*btc bear markets

>>51711688
you can stick your wedge up your ass. it will be simple invalidated by btc crabbing through it after the final dump. there won't be any huge pump in nov as your pattern is calling for. accumulation until at least the beginning of 23 is far more likely

>>51710604
I don't see any signs of a bullish trend, but I'm preparing to buy more Xpress since I like the way their bank metaverse is developing. I also kept some backups of REEF, VET, IOST, IOTX, ZIL, and BEL OP.

>>51711747
Couldn't be any more wrong. Ignore the wedge if you want, but breaking that monthly resistance is beyond bullish when it eventually happens. It's called a Bump and Run reversal

>>51711806
>it's called bump and run reversal

>>51711856
This, but unironically

>>51711887
touch some grass op. also stop using monthly candles for drawing patterns

>>51711914
Grow a brain
Also higher time frame > lower time frame
You can also draw it out on the daily/weekly

>>51711803
The bank metaverse is intriguing. I'd think about checking at the xpress debit card because I've heard it has good benefits.

>>51711803
Anon, you are not adding privacy related projects to your bags ? ngmi, XMR or RAIL should be a good pick.

>>51711412
Shit on you panties pajeet

>>51711412
This is why I'm waiting till Oct.1st to buy back in and plan to sell the week of black friday and swing back up