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File: 49 KB, 846x454, btcdc.png [View same] [iqdb] [saucenao] [google]
20614510 No.20614510 [Reply] [Original]

what happens when it crosses the line?

>> No.20614533

nothing

>> No.20614564

>>20614510
BREAK OUT

>> No.20614572
File: 48 KB, 677x482, comrade.jpg [View same] [iqdb] [saucenao] [google]
20614572

relax

>> No.20614573

>>20614510
the same thing that always happens: line gets adjusted

>> No.20614587

>>20614510
If won't

>> No.20614660

>>20614510
Everyone dies, game over.

>> No.20614664

>>20614510
weekly candle to 15k

>> No.20614705

>>20614510
20% cuck down then crab for another year

>> No.20614724

just redraw the line

>> No.20614782

It's literally the very last line of trend resistance, if if breaks and holds, go long as fuck

>> No.20614856

>>20614510
all hell breaks lose
society breaks down
demons swamp the earth
usd will not be used for toilet paper

>> No.20615068

rdraw line

>> No.20615241

We go back to $3k.

>> No.20615292

these meme lines are just-so stories. You can draw lines on anything after the fact. And when the TA fails and future movements don't fit your meme lines, you just draw new meme lines. It's all complete bullshit. TA is astrology for neckbeards

>> No.20615455

>>20615292
No, it works on probabilities and self fulfilling prophecy

>> No.20615474
File: 154 KB, 1382x1809, meme-lines.png [View same] [iqdb] [saucenao] [google]
20615474

>>20615292
you don't say

>> No.20615480

>>20614510
Draw a new line

>> No.20615485

>>20615455
No, it doesn't work at all. You're just looking at made up constellations in the graphs.

>> No.20615644

>>20615485
Yes is does work. It's clear that it works go to any chart of fucking anything and draw a trend line, you see there's multiple points on that line the price has touched and pushed off from, if It didn't work the price would simply ignore the lines, but it doesn't, it clearly fucking doesn't

>> No.20615670

>>20614510
Then you adjust the line.

>> No.20615696

>>20614573
kek this. That line has been breached many times already and it just keeps getting moved

>> No.20615761

>>20615696
But this time is the last one. If the price moves above this time, any upper trend line will only have two points of contact, which is invalid. This line is the last trend resistance as i've said before and very significant

>> No.20616009
File: 76 KB, 960x720, dyatlov delusional.jpg [View same] [iqdb] [saucenao] [google]
20616009

>>20615761
>>20615644
Listen to yourself. Next you'll be talking about star alignments and horoscopes

>> No.20616047

BREAK OUT

>> No.20616102
File: 33 KB, 600x600, 1551377597261.jpg [View same] [iqdb] [saucenao] [google]
20616102

>>20615474
While obviously a parody, the point where all lines converge in your image was unironically very critical for BTC. It dumped 50% shortly after

>> No.20616119

They draw a new line

Literally that's it. That's all TA is.

>> No.20616130

It will go up, down or sideways.

>> No.20616236

>>20614510
It has already crossed the line, wicks don't count.

>> No.20617295
File: 40 KB, 749x824, 1593615979805.jpg [View same] [iqdb] [saucenao] [google]
20617295

>>20615761
keep drawing lines retard

>> No.20617365

>>20614510
it literally can't. that's what TA is newfag. it bound by the lines. physically impossible to cross those boundaries. BTC will never be above $10k again

>> No.20617520
File: 177 KB, 680x406, 1595388333658.png [View same] [iqdb] [saucenao] [google]
20617520

>>20615761

>> No.20617555

>>20617520
saged, redpilled and /thread

>> No.20617667

>>20615761
One thing is for sure. If bitcoin doesn’t hit 20k this year it will be the first time since it’s creation that it’s happened to be this low in a three year period.

>> No.20617981

>>20616009
it's about getting an edge over pure random chance trade. if you can spot a trend, your trade success increases. it's not about predicting the future moron.