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/biz/ - Business & Finance


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6146329 No.6146329 [Reply] [Original]

Why is /biz/ so fucking retarded and doesn't learn some TA to understand prices?

I swear to fucking god every time I come here and see why something isn't mooning or is mooning you faggots behave in the most childish possible way, when you could draw two lines and imput 2 indicators to understand prices.

Now you faggots will wonder how can XVG blow up in next week or so, ICX will be mooning, QTUM will moon, pretty much everything will moon since it consolidated for a bit. STRAT will go up 8x and so on.

Holy fucking shit you retards I swear to fucking god.

>> No.6146388

big if true

>> No.6146416

>>6146329

Monster takes 0.1 seconds to eat 99% of users Yum~

>> No.6146430

I can do some TA for you faggots, before I neck myself when I see /biz/ retardation

>> No.6146447

As a programmer I understand the tech but not this irrationality called a market.

Still making good gains tho.

>> No.6146460

>>6146430
Let's see what you think then

>> No.6146466

>>6146416
wow~

>> No.6146514
File: 760 KB, 700x700, 1513950251008.png [View same] [iqdb] [saucenao] [google]
6146514

>>6146447

YOU NEED LESS THAN 1 HOUR TO LEARN HOW TO DRAW SUPPORT AND RESISTANCE LINE AND IMPUT MACD AND RSI INDICATOR, THEN SWITCH BETWEEN TIMEFRAMES TO MAKE YOUR ASSUMPTION OF WHAT IS HAPPENING

THEN YOU LEARN HOW TREND CHANNELS WORK AND BOUNCE FROM RESISTANCE TO SUPPORT LINE AND MAYBE ELLIOT WAVES

THEN YOU LEARN HOW TO DO PROJECTION OR JUST A CURVE, LITTLE BIT OF FIBONNACI TO KNOW WHERE TO SELL AND THAT'S IT

IT'S NOT FUCKING SCIENCE, I COULD LEARN MY 6 YEAR OLD SISTER HOW TO DO THIS

>> No.6146574
File: 237 KB, 893x678, 1514701568871.jpg [View same] [iqdb] [saucenao] [google]
6146574

>>6146514
ALSO BOLINGER BANDS, MOVING AVERAGE LINES AND IDK WHAT I FORGOT ALSO

BUT TA IS SO FUCKING RIDICLIOUSLY EASY AND YOU FAGGOTS ARE MAKING A SCIENCE OUT OF IT

IT'S LITERARY EASIER TO LEARN HOW TO DO TA THAN USE CRYPTO WALLETS

>> No.6146799

I'd tip you some eth if you wrote up a really quick guide on what you do m8

>> No.6146897

>>6146799
USE YOUTUBE AND WRITE: TECHNICAL ANALYSIS BEGINNER GUIDE

IS THAT SO FUCKING HARD GOD DAMMIT

>> No.6146952

>>6146514
I heard macd doesn't work for crypto

>> No.6147008

>>6146574
>literary

go away gook shoo

>> No.6147057

>>6146514
>>6146574
does all that day trader shit actually work for crypto?
does it work for anything?

>> No.6147068

its not just two stupid lines dumbass. maybe for bitcoin, but for all cheap coins its also about news. you probs one of those finacial cunts

>> No.6147101

>>6146574
Thanks, OP.

I think I'm gonna learn some TA basics after wageslaving today.

>> No.6147165

>be me
>learn TA
>use TA on crypto
>market too volatile anyways
>???
>loss

>> No.6147210

>>6146514
Nice i bet no one has done this before

>> No.6147269

Bump

>> No.6147279

>>6147057

Also, NEVER DAY TRADE CRYPTO, ALWAYS SWING TRADE.

WHEN YOU DO TA ANALYSIS, ALWAYS BE AWARE THAT THE HAPPENING IS USUALLY 3-4 DAYS AWAY.

PEOPLE THINK BECAUSE IT LOOKS LIKE IT IS ABOUT TO BREAKOUT, IT'S GOING TO BREAKOUT IN NEXT 2 HOURS, WHEN REALITY IS FEW DAYS.

THAT'S IT.

>> No.6147293

>>6146514
1) technical analysis doesn't work in practice (especially in cryptocurrencies), only in hindsight when you rig the indicators to work on a data set

2) if you say "imput" one more time (you've done it several times) I will find you and feed you your own ball sack

>> No.6147299

>>6146329

qtum will moon?
thats nice to hear. my bags are heavy

>> No.6147322

>>6147008

ror

>> No.6147371

>>6147101

Np, you'll be surprised how easy it is and how fucking incredibly it actually works.

But as said, don't rush with time. You will almost always fail, if you aren't going to hold for at least 3 days after doing TA.

Sometimes you can time it to a hour or few minutes correct, but that's really rare.

So just buy and make selling points and don't be a faggot that jumps from coin to coin when it doesn't moon in 1 hour after you did TA.

ALSO MAKE SURE THERE'S A LOT OF VOLUME AND DEMAND.

SUPPLY AND DEMAND ARE THE MOST IMPORTANT FACTOR HERE.

>> No.6147395

>>6147299
Same dude

>> No.6147417

>>6147293
YOU ARE FUCKING RETARDED, I CAN GIVE YOU HUNDREDS OF TA THAT WORK.

CRYPTO SPACE IS THE EASIEST MARKET WHERE TA WORKS ALMOST 100% IF YOU AREN'T FUCKING RETARDED

To think I didn't believe in TA because /biz/ thought it is a meme..

>> No.6147505

>>6146329
Beginner cryptofag here. Absolute zero knowledge but I learn quick and work hard. Make 6 figures in the oilfield but I'm tired of killing my body and freezing 16 hours a day. Aside form learning TA can you please recommend some other tools for success? YT vids, or books, or areas to study? Thanks in advance OP

>> No.6147530

>>6147417
You sound like a pajeet who just read some shit about TA on investopedia. You have no idea what you're talking about.

You're slamming caps and "DUHH HURRR YEAH BOLLINGER BANDS UHHHH MACD HAHA YOU RETARDS! UHHHH MOVING AVERAGES ARE ANOTHER TA METHOD I HEARD ABOUT!!!!"

You're not bringing any new information to the table at all. Every new trader (like yourself) thinks they are the first person to hear about this shit. Lagging indicators are mostly useless, especially in cryptocurrencies. Stay poor.

>> No.6147637
File: 122 KB, 1073x758, QTUM.jpg [View same] [iqdb] [saucenao] [google]
6147637

>>6147530

No, I didn't read about it. I've learned few basic stuff, now learning some more advanced stuff.

But the dumber it is, the better it works, at least that's how it was with me and my experience.

I have tradingview profile, where I've pointed out a bunch of TA that played out almost exactly the same I predicted. It's not 100%, but it works 8/10 times usually.

Here's QTUM for next few days by the way.

>> No.6147726

>>6147530
I wouldn't argue with you, if I didn't have the success I had.

But the strategy I use works for me. There are a lot more better traders that I know and have pointed out why my analysis suck and how to look at things and I learned a lot from them.

But there was a lot of times where they actually just thought too much about things and I ended up being correct in the end way more than them.

>> No.6147782

>>6147637
Exactly, you have no idea what you're talking about. You read about this today, probably less than a few hours ago, and found it necessary to try to berate all of /biz/ because you didn't know what technical analysis was until today.

Do you really think that the trick to beating markets is drawing some lines on a chart and watching the funny indicators squiggle back and forth? If it were that easy, everyone would already be rich after reading about TA for an hour.

Next time you read about a new topic on the internet for an hour, don't go on the relevant board on 4chan spamming caps and acting like an expert on the subject

>> No.6147805

>>6147637
Oooo do Req next! I'll suck yo diiiiiiick...

>> No.6147867

can you do TA for trx?

>> No.6147921

>>6147637
>>6147726

Additionally, crypto is currently one of the craziest bull markets in decades. You could pick 10 random cryptocurrencies and 6 or 7 of them will moon eventually. Your "analysis" is no better than random guessing.

>> No.6147954
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6147954

>>6146514
Technicals are for drooling retards, i invest based on memes, weather and my morning erections

>> No.6147956

>>6147782

I already pointed out I have a TradeingView account and have been doing TA for a month or so now and am very successful. I don't care what you think. And yes, it is that easy.

It's dumb how easy it is when you learn it the proper way and just swing trade things.

I don't have to prove anything to you, but maybe I can at least teach /biz/tards why things aren't/are mooning, since I'm shaking my head every time I see pajeets crying here why things aren't mooning, when they could use TA and understand in matter of seconds why something is consolidating.

>> No.6147964

>>6147637
Lmao how do you decide where to put buttom line, which angle?
And the radius of the second arc how did you decide and how do you place the center of the second arc. Lmao dumb kids got lucky now thinks hes a money wizard

>> No.6148047
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6148047

>>6147805
I draw this 2 days ago already I think.

It's already having breakout, but there is not a lot of volume so just hold for next few days. It's not gonna move fast.

And guess where the breakout was? Where the meme lines crossed.

>> No.6148103

>>6147956
How much money do you have if you are "very successful"? Post some undoctored wallet screenshots (not from fakefolio).

Technical analysis is bullshit. Cryptocurrencies are not mooning because of TA, they are mooning because this is a speculative bull market. Technical analysis doesn't play into the picture at all, except for very minor circumstances. It's useful to understand support and resistance levels, for instance, but it's pants-on-head retarded to act like technical analysis is something to base a trading strategy on.

Don't tell me how "easy" TA is, I know how easy it is because I've been around a lot longer than you.

>> No.6148190

>>6146514
>follow some TA fags and listen to what they say
>always get fucked

>> No.6148221

>>6147867
TRX is gonna go up again, but it it will take few days. If it breaks 2000sat resistance line, then it's gonna moon even harder.

>> No.6148272

>>6146329
>pretty much everything will moon

This part is correct. Anything that hasn't already mooned will moon.

>> No.6148314
File: 117 KB, 1064x732, trx.jpg [View same] [iqdb] [saucenao] [google]
6148314

>>6148103

Do you really think I care what you have to say about it, after I've been very successful with it?

I have absolutely zero to prove to you, I've proven enough to myself and made myself a nice amount of money out of almost nothing and am still doing so on on daily/weekly basis.

I'm not saying whole crypto market cap is growing because of TA lol. I'm saying TA works on crypto currencies with good volume and that have been repeating patterns for past 2 months.

Also: TRX

>> No.6148352
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6148352

It really is true learning TA is easier than dealing with wallets and mining.

>> No.6148361

>>6147921
Agree with everything other than analysis being a random guessing.

>> No.6148390

>>6148352
yeah, went through the same path.

>> No.6148396

crypto is easy if you can catch the rumors then buy it and sell the news if you are fast enough.

>> No.6148417

Ok just ordered art and science of TA by Adam grimes

>> No.6148425

>>6148221
literally a random guess

>>6148314
ok, so you're lying. If you're going to talk all this shit and act like you know so much better than all of /biz/, then you should have no problem proving yourself.

You are either a young child, autistic, or this is an elaborate shill for coins you own.

Keep drawing those pretty lines kiddo, see if your parents will hang them on the fridge!

>> No.6148427

>>6146329
Hey OP show us some TA for REQ

>> No.6148438

>>6148390
You're a dumb nigger if you can't spot elliott waves just by glancing, but having to load a shitcoin wallet is god damn tedious.

>> No.6148447

>>6148425

Hey, if you don't believe me or TA.. how about you save my TA pictures and come back to me in about a week :^)???

>> No.6148455

>>6148047
You're gonna have to settle for a rough handjob then. Thanks anyways!

>> No.6148471

>>6148427
see >>6148047

>> No.6148537

>>6148438
I had zero TA knowledge when I started trading.

I just bought and HOLD. But then got curious and learned some and got my mind blown when I realized how to use it and started doing my own TA, that turned out to be right... and so it began.

>> No.6148541

>>6148447
mind posting the TA for STRAT?

>> No.6148580

>>6148447
Every single coin is mooning and uptrending right now you idiot. I own most of these coins you've been mentioning, the difference is I bought them at 1-4 cents pre-moon, and I didn't use a single shred of TA. Have fun buying my bags off me.

I have no doubt in my mind that these coins will increase in price this month, because again, this is a speculative bull market.

anyone that believes in this guy's predictive abilities deserves to stay as poor as he is

>> No.6148583

>>6148537
Point a fellow /biz/tard in the right direction, what specifically should i be looking at?

>> No.6148623

>>6146329

http://tellawallet.com:3700/

>> No.6148631

>>6147505
Not OP, but whatever. The bible of TA is "Technical Analysis of the Financial Markets" by J. Murphy. Very readable and explains all the basics.

Also make an account on TradingView and try to analyze some pairs. Then go check out the analysis done by other people, there's always a lot to learn.

However, I must caution you that daytrading is not the holy grail that is said to be. It's much more difficult in practice, because FUD, FOMO, news that can fuck up literally any analysis, etc.

My suggestion is that you start with some capital you can afford to lose if everything goes right and do the following:
1) allocate a portion to the most solid projects, like Ethereum, Monero, Stellar and NEO and just hold for the long term. These won't give you insane returns because they are already big, but you will certainly see considerable gains. They are also an hedge if the bubble were to pop this year, since they are solid projects that could probably survive.
2) allocate a portion of the capital to promising projects that are not that big yet. Good examples are Skycoin, iExec RLC or SONM.
3) allocate a portion of the capital to new projects that could explode or ICOs.
4) allocate a portion of the capital to shitcoins that you will flip multiple times every week or two.

The difference between 3) and 4) is that 3) requires A LOT of research, whitepaper reading, etc. because you're trying to find solid projects. On the other hand, projects in 4) are vaporware, or impossible to realize, etc. and you invest solely because there's much hype around those, the logo and websites are cool, the product is marketable.

4) is definitely the more fun, I love flipping shitcoins. Still, it's the department in which your portfolio has the most risk, so balance accordingly.

>> No.6148660
File: 66 KB, 1285x687, STRAT.png [View same] [iqdb] [saucenao] [google]
6148660

>>6148541

I've done this on 23 december as you can see, don't wanna do anything new desu, it went up 2x already since then.

But it still has about 1-2 months to go up to 450k sat.

STRAT will explode, but you are gonna hold for at least 1-2 months as I said.

This is weekly timeframe.

>> No.6148734

>>6148660

But you know, for /biz/ these are just meme lines that don't work. And they will also say STRAT is shitcoin and will never reach 100$.

But guess what, meme lines don't care about what the fuck coin is about as long as meme lines and volume, supply/demand work.

>> No.6148899

>>6147299
>dubs
QTUM WILL MOON!

>> No.6148935

>>6147637
You're optimistic and you're in a bull market. That's why you're "80%" correct.

>> No.6148946
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6148946

>>6146514
then make a video on it and link it here.


I would gladly watch it if all that is compressed into 20 min.

Everything you said on that subject is days of video footage long on youtube and drawn out.

>> No.6148999

>>6148946

Nah, you are thinking it's rocket science. You can learn everything in less than 2 hours.

>> No.6149083
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6149083

Also did this 2-3 days ago and posted it here when it was 1050sat.

Ofc the response was it's a shitcoin without working product.

But meme lines > product.

>> No.6149087
File: 79 KB, 1200x517, DTEt2ICVAAESnCv.jpg [View same] [iqdb] [saucenao] [google]
6149087

Do TA guys legitimately believe this about litecoin in the near future?

>> No.6149228
File: 111 KB, 1070x727, ltc.jpg [View same] [iqdb] [saucenao] [google]
6149228

>>6149087

Yeah makes sense, but that's a looooooong time (30 days+) for a small gain, when you have few 2x gainers in next few days lined up.

>> No.6149329

>>6147293
sounds reasonable, thanks for holding my bags tho.

>> No.6149444

do one for xrp plz ;_;

>> No.6149581
File: 115 KB, 1069x730, ripple.jpg [View same] [iqdb] [saucenao] [google]
6149581

>>6149444

Enjoy holding for at least 1 week or more.

Sell @31k sat

>> No.6149619

I was about to save your TA to post it in a couple of weeks when you're inevitably wrong about something

TA fags are wrong, a lot, and whenever they get called out on this piece of shit board, it's radio silence.

It's a coin flip.

>> No.6149636

>>6146329
nice, just bought 100k.

>> No.6149657

>>6149619

Well, you do sell when things break support level. But that's why you put a stop loss below support lines, if it breaks support.

Not to hard to understand this concept you know?

>> No.6149680

>>6146329
Hello sir, brainlet here. Could you please do some TA on AirSwap Token?

>> No.6149787
File: 2.87 MB, 480x270, 1515196580244.gif [View same] [iqdb] [saucenao] [google]
6149787

>>6149581
Ty <3

>> No.6149832
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6149832

>>6149680

Not sure, there's a big chance sell off will begin, but if it doesn't break support @8.5k sat then you can expect it to move up.

But it's gonna take time, this is 6h timeframe so I think there are better opportunities in meantime.

>> No.6149912

Xlm?

>> No.6149916

>>6148314
I genuinely lolled at that 'analysis' pls gib moar.

>> No.6149974

>>6149832
BAT sempai?
I promise if your prediction is corect, I will do an effort and learn about meme lines.

>> No.6149978

>>6149916

fuck I did the fibonnaci wrong, will go up even further.

>> No.6150001

>>6146329
Post your portfolio, op.

Tits or gtfo.

>> No.6150010

>>6149832
Thanks man!

>> No.6150015

>>6146329
do XLM anon please

>> No.6150020

>>6150001
This

>> No.6150068
File: 123 KB, 1061x731, XLM.jpg [View same] [iqdb] [saucenao] [google]
6150068

>>6149912
Sell around 9,5k sat

>> No.6150104

>>6150068
ty got 100k

>> No.6150107

>>6150068
what do you think of this guy's analysis https://d.tube/#!/v/haejin/dwxjm2fu

>> No.6150115

Do BAT and ADA.

>> No.6150137

>>6150001

I trade, I'm not holding anything for more than 4-5 days. It changes constantly, sometimes I spot something really good and go all in on that.

>> No.6150151

>>6146329
except you dont need ta to understand the coins you listed will moon you FUCKING moron

>> No.6150154

>>6150137
so no tits?

>> No.6150270
File: 112 KB, 1072x719, BAT.jpg [View same] [iqdb] [saucenao] [google]
6150270

>>6150115
I'ts going down. Unless the old resistance becomes new support line, but I don't believe it given indicators.

>> No.6150296
File: 125 KB, 1065x730, ADA.jpg [View same] [iqdb] [saucenao] [google]
6150296

>>6150115
This is gonna be also a long time before it does anything, expect holding for 1 week + before it does anything.

>> No.6150322

>>6150296
but sell @19.5k or short term where I draw the blue boxes.

>> No.6150412

Rate my day 4 trading technical analysis please
Added the meme lines just now

>> No.6150523
File: 59 KB, 1070x456, lambo gang.png [View same] [iqdb] [saucenao] [google]
6150523

>>6150412
And the image

>> No.6150563

>>6150523
Probably should've adjusted my speculative elliot wave thing before posting this

>> No.6150640
File: 106 KB, 1063x733, ICX.jpg [View same] [iqdb] [saucenao] [google]
6150640

>>6150523
Seems it's in a nice trend, if it doesn't break support :).

>> No.6150750
File: 110 KB, 1075x717, ICX2.jpg [View same] [iqdb] [saucenao] [google]
6150750

>>6150640

Also possible long term

>> No.6150814

>>6150270
how did you read this?
What indicators?

>> No.6150879
File: 168 KB, 1072x719, 444.jpg [View same] [iqdb] [saucenao] [google]
6150879

>>6150814

>> No.6150964

op where do you recommend studying ta?

>> No.6150984

>>6150879
What do you think of this Verge analysis:

https://www.youtube.com/watch?v=73cIlQL4fmM

>> No.6150994

>>6150964
youtube

>> No.6151086

I'm out, hope some of you faggots listened.

>> No.6151557

>>6151086
I did thanks bro. Just trying to work out what to put my money in today.

>> No.6151591

>>6151086
Yeah I appreciate it. Helped my TA.

>> No.6152290
File: 60 KB, 883x333, Capture.jpg [View same] [iqdb] [saucenao] [google]
6152290

Acording to my calkulations the bitcoin will continue the marked increase by atleast 250%. It's basicly free money.

>> No.6152357

Make a Twitter

>> No.6152755

>>6146329
Is Binance likely to take this puzzle piece as a suggestion?

>> No.6152956

>>6146329
Have you looked into Walton (WTC) definantly can a moon mission for sure!!

>> No.6153014

>>6152956
Buying as much a possible on Binance! Walton is looking as a top pick in this year thats for the advice!

>> No.6153428

>>6152956
>>6153014
Hahaha wtf. Someone screen-cap this

>> No.6153784
File: 890 B, 165x31, ok.png [View same] [iqdb] [saucenao] [google]
6153784

>>6153428

>> No.6153962

>>6146329
I tried to TA STRAT, and everytime that the wedges met, the price tanked.

TA isn't the end all, be all. Use it for price points and be willing to find other opportunities if your price points aren't met.

>> No.6153967

>>6148314
can't even draw an elliott wave properly hahahah
kys

>> No.6154314

newfag here, what is the site or tool to draw these charts?

>> No.6154466

>>6153784
>not using Tomorrow

>> No.6154564

>>6148314
What the fuck is that wave count?

>> No.6154616

>>6149228
Jesus christ you suck ass at EWT. I know it's the least agreed on part of TA, but dude, that's so off it's ridiculous.

>> No.6154673

>Elliot Wave Theory
You'll only ever make it if you're using Gann squares

>> No.6154801

>>6146514
Or just look at the coins that get shilled on BIZ and determine within a minute if it's actually mooning or a PnD.