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2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance

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52413941 No.52413941 [Reply] [Original]

There are really people who think $15.5k was the bottom, HAHAHAHAHA.

We're definitely testing ~$10k.

>> No.52413973

>>52413941
I'm always amazed by the power to predict future that straight lines hold.

>> No.52413979

>>52413941
Uh..bros? I unironically bought $100k worth of crypto two weeks ago
Figured FTX was just a flux anyway

>> No.52414027

>>52413979
F

>> No.52414045

>>52413941
Nope. We will test $15.5k again then crab and moon violently next year.

>> No.52414063

>>52413941
It's a bit higher because covid crash doesn't count

>> No.52414069

We're testing $9k

>> No.52414092

Cme 3k gap still needs to be filled

>> No.52414113
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52414113

>>52413941
>that low volume
>Phase C: It is in Phase C of the Wyckoff Method that the stock price goes through a decisive test of the remaining supply, allowing the “smart money” operators to ascertain whether the stock is ready to be marked up. As noted above, a spring is a price move below the support level of the TR (established in Phases A and B) that quickly reverses and moves back into the TR. It is an example of a bear trap because the drop below support appears to signal resumption of the downtrend. In reality, though, this marks the beginning of a new uptrend, trapping the late sellers or bears. In Wyckoff’s method, a successful test of supply represented by a spring (or a shakeout) provides a high-probability trading opportunity. A low-volume spring (or a low-volume test of a shakeout) indicates that the stock is likely to be ready to move up, so this is a good time to initiate at least a partial long position.

>> No.52414117

If it breaks, I break.
It won't break.

>> No.52414181

>>52413979
what coins did you buy? besides btc/eth?

>> No.52414238
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52414238

god help us

>> No.52414286

>>52414069
this, look at gbtc
>>52414092
this, i think it's in the cards

>> No.52414314

>>52413941
10k? Nope. Sorry kid best you'll get is like a red candle down to 13.4k and then it goes back up to 15 intraday. Cap this if you want

>> No.52414399

>>52414181
BTC and DOGE (because elons buy of twitter)

>> No.52414922

>>52414314

likely, 9k to 10k it will touch for a day or two. Seems that is the order number for many.