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29554667 No.29554667 [Reply] [Original]

this is the classic bull trap

>> No.29554759

>>29554667
But what about the green numbers

>> No.29554852

>>29554667
I can't even tell who's baiting anymore. If you've been here longer than 6 months, you know that BTC is now on the next leg up.
We will have a new ATH by next Monday. Screencap this.

>> No.29554942

>>29554852
If you've been here longer than 6 years, you know that this statement is conditionally true until it's not and there's blood in the streets.

>> No.29555020

>>29554942
I've been here 5 years and trade forex it looks like a bull trap to me.... unless we follow a very similar pattern to the previous correction in which case we are going for a slow decline before the next leg

>> No.29555026

>>29554942
Indeed, it will be false in about 4-5 months. We are gearing up to go parabolic until then, with 1-2 more 25%+ corrections along the way.

>> No.29555029

>>29554667
Nice! Got liquidated on my big fucking short, as well as the long I was using to cover it. Thanks scamwick!

>> No.29555130
File: 138 KB, 1024x977, 1589752415730.jpg [View same] [iqdb] [saucenao] [google]
29555130

>>29554852
I'm here since 2016
this weekend is gonna be a fucking bloodbath

>> No.29555202

>>29555020
You are the same fucking retard who posts in every thread you trade forex. Fuck off, larping faggot.

>> No.29555395

well here go

>> No.29555428

please no

>> No.29555467

I’m a nocoiner so my opinion means nothing, but I thought it was the top at 58k and you’ll see the bottom at 21k in less than one months time

>> No.29555570

yep volumen is low dump incoming

>> No.29555611

i think btc looks like shit. that just doesn't look like a bottom to me. good chance i'm wrong though.

1. btc recovers and alts recover very strong. then btc drops to 40k and sharply recovers setting a real bottom. altusd makes a higher low and remain stronger than btc.

2. this was the bottom and everything goes up

3. btc recovers then drops and alts make a lower low and the whole market is fucked until 20k

three options i see. i think 3 is very unlikely. so it's between 1 and 2.

>> No.29555834

>>29555611
Yeah 1 sounds very plausible. Afterwards bitcoin will probably crab for a month because Elon started the previous leg up too quickly, so it has to spend some more time consolidating for now

>> No.29555889

>>29554852

Maybe, but if it is so it will be a double peak and come crashing down.

>> No.29555929

>>29554667
God, please. Please dip. I didn't have my monies yesterday, fucking accountants delaying my paycheck payments

>> No.29555971

>>29555029
Based

>> No.29556047

There was a lot of potential for it to keep going down yesterday, but the 20/21 day the moving averages acted as support/resistance as they usually do.

We'll probably bounce off them a couple off times before something big (up or down) happens again.

Nocoiner opinion. Won't be buying back in until I see the right chance.

>> No.29556055

>>29555611
Go back r*dditfaggot

>> No.29556086
File: 70 KB, 452x363, 1613666324276.jpg [View same] [iqdb] [saucenao] [google]
29556086

>>29554667
>it could go up, it could go down, or it could go sideways

>> No.29556094

>>29555130
>>29555020
>>29555029
I like going against the common narrative. It seems people think we're in a bull trap so Im buying more. When people think we're too high i sell

>> No.29556157

>>29555202
I too trade forex. WIth a paper trading account I've had for 3 months

>> No.29556192
File: 58 KB, 803x412, 234545629.png [View same] [iqdb] [saucenao] [google]
29556192

How is this week any different than the little dip around Jan 9 or so? The low is just below the EMA 12 and then goes back up.

>> No.29556198

>>29555020
>trade forex

retard boomer. fuck off.

>> No.29556264

>>29556192
look at the volumen

>> No.29556265

>>29556198
forex is easy if you live in Singapore

>> No.29556318

>>29554667
Dubs say it was bear trap

>> No.29556361

>>29556264
We're screwed.

>> No.29556377

>>29555020
crypto is more like pennystock anon

>> No.29556396

>>29556047
Also, IF history repeats itself, there will be at least a couple more runs. I'm bullish, just don't want to FOMO back in.

>> No.29556408

>>29556264
This. 40k EOD.

>> No.29556421

>>29556157
>how do you do fellow bigtime traders? I wear a casio and took a vacation near nyc, once

>> No.29556431

>>29556264
I'm a retarded faggot. explain this please.

>> No.29556435

>>29556264
The red high bars?

>> No.29556488

RIP to anyone who didnt sell

>> No.29556495

tell me what this means should i sell i just bougth please what do i do

>> No.29556563
File: 2 KB, 102x103, frg.jpg [View same] [iqdb] [saucenao] [google]
29556563

>>29556435
before a big dump the vulomen goes down, it is same now

>> No.29556578

can larpers and troll post their shorts? it's a big opportunity to make money if you think that we're in a bear trap innit?

lmao please kys, btc is going to new ath next week

>> No.29556652

>>29556563
Post your short

>> No.29556720

>>29556578
Well when people talk bear here are they thinking giant dump to $20k or just crabbing around for a month around $40k?

>> No.29556751

>>29554667
no wonder people in here say TA is astrology nowadays when all you faggots are so fucking clueless in your TA posting

>> No.29556867
File: 143 KB, 1124x1134, 1613216742568.jpg [View same] [iqdb] [saucenao] [google]
29556867

If BTC can't stay above $50k when NYC wakes up right now it's screwed. Then NYC needs to keep it alive until LA wakes up 3 hours later and checks their phones.

>> No.29556927

>>29556867
never trust burgers they always brap all over the market because these faggots cannot conceptualise what long term means
disgusting mutts

>> No.29556944

i think it could dump right now. corrective action on btc, the lower diagonal boundary broken, no impulsive action, no bull flags. also alts have bounced really well so they have room to fall safely. twitter is euphoric and patting themselves on the back, and my boss messaged me half an hour ago saying 'well that recovered nicely'.

>> No.29557236

>>29556944
Bruh its going up

>> No.29557315

>>29554667
Looks like a W

>> No.29557374

>>29556264
Who?

>> No.29557464

>>29554667
Bulltrap takes longer than a few days, look at the daily 2017 chart

>> No.29557590

>>29556192
Its not saved by a fat reddit and elon musk pump

>> No.29557654

>>29554667
I was scared af last week, as people were saying their shitcoins would keep mooning forever. I was so scared that I panic sold at almost the top, as soon as the green candles started turning red. I thought this could potentially evolve into an end of the bull run (if the prices fell below the 35-40k support area). Now as everyone panics, I bought back at the discount. I'm no longer scared about the bull run and I believe this correction has extended it by couple weeks, although it didn't hit my target of 42-44k. Am I the only one here? I don't even know TA, it's common sense.

>> No.29557668

>>29554667
Retard. Thats a 'w' pattern ptherwise known as a double bottom. See you next 35% dip after a moonshot bobo

>> No.29557750

>>29555029
same. I missed longing 10k to 42k. After that it's just been bear market tier trading aka no longer easy mode

after this bull market, I'll never touch trading again

>> No.29557830

>>29557668
You're the only person ive seen other than myself to notice this. Are bobos in a telegram trying to fud?

>> No.29557835

Bros, I think this moment is pretty fucking critical.

>> No.29557896

>>29557830
bobos are mad because they didn't buy the fucking dip

>> No.29557962

>>29557835
>that pump on ETH just now

Bobos seething

>> No.29558057

>>29555202
kek first time I've mentioned it in a thread kys projecting faggot

>>29556094
You like to go against the common narrative but when people say its too high you sell, what nibba brain logic is this

>>29556198
kys poor fag, crypto makes up 10% of my portfolio (well not anymore since it did a 6x) but even previously I probably have more in either market than you

>>29556377
I'm well aware, I was here since 2016, its all vapourware hype with tasty gains

>> No.29558134
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29558134

>>29557668
>>29557830
I'm still holding, and ofc it could be a W. All will be decided as burgers wake up in 2-3 hours

>> No.29558193

>>29558057
>when people say its too high you sell,

I meant when people think its going to keep getting higher . Im tired faggot

>> No.29558199

Sorry guys I bought, it's only down from here

>> No.29558212

>>29558057
No I've seen you before, homo.

>> No.29558279

>>29558134
>>29557668
>>29557830
Actual stock TA is used only on weekly charts, that's an hourly chart.

In crypto because people don't understand TA, that means when they see a double bottom they usually buy- creating the self-fulfilling prophecy that double bottoms go up. Especially because BTC bots will also buy at that moment. Pump is imminent.

>> No.29558307

>>29558134
I swear the wya you faggot do "TA" genuinely piss me off
Its not even remotely fucking close
>>29558279
You're a faggot, TA is done top to bottom always, there's no right chart period for it as long as someone consolidates from top to bot over bot to top

>> No.29558408

>>29555130
>>29554667
Remember lads, buy the bottom and keep buying until the next bull run. I sold everything at almost this peak and now I'm going to retire in the South Tyrol Alps. If I see a Chainlink Marine in Bozen I'll invite you back to my pool side chalet for some fine wine.

>> No.29558415

>>29558199
Just woke up and don't feel like fomoing in while sleepy, thanks for your sacrifice.

>> No.29558471
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29558471

>>29556192
>>29556264
can someone check and cap the OBV and post it? i’m in bed and don’t want to. if the OBV is dumping or even declining yea we’re going to hell

>> No.29558775
File: 68 KB, 1205x733, btcobv022421.png [View same] [iqdb] [saucenao] [google]
29558775

>>29558471

>> No.29558816

This shit better go down. I bought then sold the dip yesterday thinking it would keep going down. I'd be up 30% right now =(

>> No.29558977
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29558977

>>29558775

>> No.29559201

Should I sell, anons?

>> No.29559452

>>29554852
....6....months....
Who the fuck is this newfag????
Fucking hilarious someone who's only been here for the 6 months, post summer alt run btw, is claiming its only going up. Pathetic.
The absolute state of biz with these normies.

>> No.29559499

>>29556192
>uses line chart
>tries to make a sense out of it
ngmi

>> No.29559535

>>29559201
No. Bobo is schizophrenic

>> No.29559573

>>29559201
I'll tell you a secret most of these faggots are too retarded to understand
If you're unsure, by literally just holding across 5 years you beat almost everyone's returns

>> No.29559606
File: 13 KB, 575x443, f2pool022421.png [View same] [iqdb] [saucenao] [google]
29559606

>>29558977
Yep. It also looks like F2pool is just increasing the pace, but there hasn't been any short market sell trick in a while.. might be a a bull trap.

>> No.29559619

>>29554667
>reading charts
This is like astrology and 'whats your sign' for men. You can't really predict things reading patterns in charts.xD

>> No.29559635

>>29558279
Based correct retard.

It is a self fulfilling prophecy but I cant even call you a midwit if you even mildly believe what you said is true about weekly charts being the only viable TA point even in stocks.

>> No.29559705

Chart patterns are myth and mean nothing

>> No.29559746

>>29557830
Yes. And i promise we're not the only ones to notice. If you have an IQ above 95 you noticed and chose purposeful FUD or just to straight up state the obvious.

>> No.29559798

>>29559746
My FTM bags are pumping hard btw

>> No.29560520

>>29555611
Instead of 20k it'll be more like 28k. We aren't touching 20k until a bear market.

>> No.29561284

>>29555611
>3. btc recovers then drops and alts make a lower low and the whole market is fucked until 20k

Retarded

>> No.29561564

>>29559452
> reading comprehension

>> No.29562042

its going to go back down to around 42-45k near the weekened and then next week we begin the golden bull run full alt season special

>> No.29563086

well here we go to new lows

2b or not 2b?

>> No.29563527

>>29554667
Look out

>> No.29563646

Go back to 45k I'd like to refill my alts while retards are panic selling, pretty please

>> No.29563664

lmao the market is twitchy as fuck right now, at the first sign of a down trend everyone panic sells everything into tether.
We need at least a week of price consolidation before the next leg up

>> No.29563694
File: 11 KB, 441x452, grade7-rising-wedge-continuation-after.png [View same] [iqdb] [saucenao] [google]
29563694

>>29554667

>> No.29564081

>>29563646
Make it 40

>> No.29564523

>>29556431
>>29556488
>>29556495
it means the price is tanking in the near future. you better sell now and buy back in 7 to 31 days from now when it's at least 30% cheaper than what it is worth today

>> No.29564660
File: 151 KB, 1080x2280, Screenshot_20210224-074640.png [View same] [iqdb] [saucenao] [google]
29564660

>>29554667
Honestly idk, there doesn't seem to be a lot of selling pressure

>> No.29564781

>>29564660
>he believes in buy/sell wall meme

ANON
There's a reason that Robinhood is the only broker that does this for LVL 2 .

>> No.29564959

>>29556192

This.

Minor speedbump.

>> No.29565062
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29565062

>>29554852
>>29556094
>>29557315
>>29557654
>>29557830
>>29558279
>>29558307
I warned you faggots

>> No.29565085

>>29564781
Well the rsi is also in the 40s across all candles

>> No.29565089

OH FUCK EVERYTHING IS DUMPING
RUN

>> No.29565356

>>29565089
told ya so yesterday

>> No.29565567

>>29554667
Nah we bounce now

>> No.29566285

>>29565567
>Nah we bounce now

>> No.29566354
File: 83 KB, 875x568, 0qNOmbBd5-JXxybzNKs0Y8PVd-ZPW0qfwtxW8BzlN6E.png [View same] [iqdb] [saucenao] [google]
29566354

>>29566285

>> No.29566368

>>29566285
Well it's not dropping below 49k

>> No.29566715

>>29566368
cope

>> No.29566899

>>29566715
But it's going back up though

>> No.29566926

>>29554667
Yup, and uhhhh now we having double bulltrap right?

>> No.29567090

>>29566899

Don't bother, they don't speak english.

>> No.29567796

should bears be hanged?
getting enough of retarded doomsday posters, it's been like this since 20k
>the top is in
>sell signal
*drops 10% after x2*
>I warned you, why didn't you listen
>just like that, btc will never be above 25/30/35/40/50/55k
fuck you

>> No.29567966

We broke support on the daily by about 50% of the avg trading range, I'm pretty sure that would qualify as a real breakout, right? Any TA anons here care to verify if this break out is legit?

>> No.29568106

>>29554852

woah 6 whole months
> get out of hs for summer
> lurk /biz/ and hold 100% btc
> Guess I’m /oldfag/ now

>> No.29568203
File: 3.24 MB, 442x628, B5638A37-ABCA-472A-94D8-3BE295C266BB.gif [View same] [iqdb] [saucenao] [google]
29568203

So where’s the crash bull trap retards? Oh that’s right. There wasn’t one. Btc going straight to 73k from here. Screenshot this fags.

>> No.29568257

fake breakout, unlocking max pain achievement

>> No.29568293

AHHHHH IT WAS A BULLTRAP

>> No.29568425

>>29567090
dilate

>> No.29568501

>>29568203
ANON I GOT SOME BAD NEWS FOR YOU... CHECK THE CHART

>> No.29568512

>>29568293
>+-1% the entire night
>Americans wake up
>crash
is it ever not a bulltrap?

>> No.29568579
File: 43 KB, 1024x473, 39B5BE69-FB58-46A4-B0B0-B12BFD59681A.jpg [View same] [iqdb] [saucenao] [google]
29568579

>>29554667
shut the fuck up

>> No.29568657

>>29568579
What a god green candle . Imagine the euphoria jesus

>> No.29568677
File: 148 KB, 2021x1083, Eu9RRepUYAM4SkV.png [View same] [iqdb] [saucenao] [google]
29568677

>>29555130
>Cant remember a month ago

>> No.29568798

>>29568677
when are we going to bottom out again? I sold at the top but we've been crabbing the last two days

>> No.29568812

>>29555202
he's not the only forex trader here, some of us actually can predict market movements and make an excellent living off of it, at home in our underpants

>> No.29568847

My balls are itchy

>> No.29569211
File: 233 KB, 372x395, btcf2poolpinkwojakd.png [View same] [iqdb] [saucenao] [google]
29569211

massive btc dumplings are back on the menu