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

/biz/ - Business & Finance

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55400161 No.55400161 [Reply] [Original]

this isn't gonna hurt

>> No.55400166

>>55400161
this is going to feel good

>> No.55400167

>>55400161
Fucking do it already you nigger I'm holding for 8 hours now

>> No.55400171

>>55400166
Settle down big guy, for me

>> No.55400195

>>55400161
Don't normally check biz.
Why are you all posting bulls? What's going to go up. I have 10k to put into shitcoin speculation.

>> No.55400296

I'm a bear and I'm gonna close my short from 31k. All that 4hr candle did was sweep the lows and made a new range. Fuck this, I'll enjoy this 3% scalp and get out.

>Next imbalanced price gap is at $35k
Those who know, know.

>> No.55400318

>>55400296
Smart. You would have gotten liqd if left open

>> No.55400398

>>55400318
my $4TOKEN bags about to moooon

>> No.55400465

>>55400318
I'm not degen enough not to use stops. I just know what happens after the chart drips down and pushes hidden bullish divergence on the 4hr on weekends, kek. Probably a fairly safe low lev long for it to at least tap the next swing at $32.4k

>> No.55400475

>>55400195
AI shit like GRT and Agix, do your research before just aping into something though. Think about this, every time some new video or revelation about the advancement of AI comes out these assets will pump. It's going to be the running theme for the next decade, get in or get rekt nigga

>> No.55400476
File: 281 KB, 696x623, 1687745157869955.png [View same] [iqdb] [saucenao] [google]
55400476

>>55400465
>fancy words
Explain like I'm retarded (because I am)
Are you saying Monday = pump?

>> No.55400611
File: 72 KB, 1814x817, divergence.png [View same] [iqdb] [saucenao] [google]
55400611

>>55400476
No problem fren! Hidden bullish divergence is when the price makes higher lows, but the oscillators make lower lows (Like how we're aggressively downticking oscillators, despite only slightly moving downwards). This indicates that the bears tried hard to push the price lower, but are losing momentum. Normal bullish divergence is when the price makes lower lows in a downtrend, but the oscillators start making higher lows, indicating a good chance for a trend reversal (as you can see from our reversal last week, there was lots of divergence). For reference, a swing is when you get a local bottom or local top wick.

Of course the price can do whatever whales want it to do, but all these strategies ever do is give you an edge. Most important of all is that the tren is your fren. When I first started trading, I was obsessed with always trying to time tops and bottoms (It's fucking orgasmic when you actually do this lol), but it isn't a consistently winning strategy.

The trend is up right now, and the price is currently testing the resistance that was made from that swing in April. If the price reclaims 31k and supports, there's nothing to slow it down until 35k. Never try to predict, just react to the information that's given to you when we reach important levels on the chart. That's the difference between being a TA fag and a trader. You don't need to know what the market is gonna do 4 months from now to make profits.

>> No.55400645
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55400645

>>55400611
>>55400476
And if you want to know what a price gap is (Called "fair value gap" in "Smart money concept" trading) - It is when the price moves aggressively in one direction (Mega pumps or dumps) and leaves gaps between the highs and lows of the previous and next candles.

When this happens, a lot of orders are left chilling in the order book that get left behind, and the market tends to fill these gaps in at some point in the future with very high accuracy. I recommend you test out the reactions around these gaps (rejection vs hard close through them), because they give you pretty accurate hints at what the market is trying to do

>> No.55400657

>>55400611
>>55400645
Ty fren. Do you want some effereum?
JANNIES THIS DOES NOT CONSTITUTE BEGGING IF HE REPLIES WITH ADDRESS KILL YOURSELF AND DO IT FOR FREE

>> No.55400699
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55400699

>>55400657
My brother in Christ, your frenchip is the ultimate gift a man could ask for, I could never ask for more! Take the ETH you were gonna give and make a small backtesting account to play around with. I can tell by your winning attitude that YGMI. Good night and good health to you my bro.

JANNIES IF THIS MAN GETS BANNED TAKE ME DOWN WITH HIM YOU FUCKING TRANNY LOSERS AND ACK YOURSELF

>> No.55400715

>>55400475
>AI
>GRT

Parsing blockchain data doesn't require AI

>> No.55400721
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55400721

>>55400699
Based, fuck jannies
And thank you for explanation

>> No.55400795

>>55400161
Bulls can be quite dangerous. Don't mistake domestication with passiveness