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/biz/ - Business & Finance


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55782963 No.55782963 [Reply] [Original]

>> No.55782980

>It won't go under this line because I drew it
Cringe

>> No.55782994

>>55782963
So …number go up?

>> No.55783016
File: 35 KB, 725x636, IMG_20230808_102602_619.png [View same] [iqdb] [saucenao] [google]
55783016

Kaspa

>> No.55783020
File: 84 KB, 1080x1266, 1565575072636.jpg [View same] [iqdb] [saucenao] [google]
55783020

>It won't go under this line because I drew it

>> No.55783036

Tell me when it's above 30k

>> No.55783039
File: 1.09 MB, 220x230, 1613020378547.gif [View same] [iqdb] [saucenao] [google]
55783039

>The line I drew prevents it from going under it

>> No.55783055
File: 139 KB, 1015x1310, FDnzX3ZXEAw6i84.jpg [View same] [iqdb] [saucenao] [google]
55783055

>just as scheduled

>> No.55783116

>>55782963
That trendline has nothing to do with the price going up
Read about Payment For Order Flow (PFOF)
BTC is traded like that on exchanges, on all time frames price goes for orders/areas of liquidity
Only whales can truly influence price

>> No.55783122

>>55782963
Massive red candle incoming before we leg up again

>> No.55783149

>>55782963
Imagine looking at that chart and thinking its not gonna get a correction

>> No.55783162
File: 82 KB, 1249x590, Screenshot (4205).png [View same] [iqdb] [saucenao] [google]
55783162

>>55782963
Nice chart, but cmon show us the real $Bitcoin

>> No.55783173
File: 10 KB, 804x743, 1690307335623117.png [View same] [iqdb] [saucenao] [google]
55783173

>>55782963
I cannot replicate this ta. What kind of jewish trickery did you employ to get the last low to hit your meme line?

>> No.55783190

>>55783173
The trick is to calibrate the line after the fact

>> No.55783327

>>55783149
well. when?

>> No.55783346
File: 67 KB, 931x850, Bullshitt.jpg [View same] [iqdb] [saucenao] [google]
55783346

>Coin follows a pattern for months
>I finally buy
>Suddenly decides to break the pattern

Not falling for this shit again.

>> No.55783394

>>55782963
Is it going down?

>> No.55783530
File: 101 KB, 2048x1024, 1581364873851.jpg [View same] [iqdb] [saucenao] [google]
55783530

>>55782963
>i drew a line that can predict the future

>> No.55783651
File: 84 KB, 1280x697, tonight.jpg [View same] [iqdb] [saucenao] [google]
55783651

>>55782963
A lot of people fail to realize the key to good financial predictions is always context. It's completely useless to just grab a chart and draw a straight line in it, even more if you don't know if you're seeing tesla stocks or fucking harry pottter shiba inu.
Take for example this chart, sure looks bullish but if i tell you it's $X and you're watching the potential growth of a stealth launch that has no real devs pulling the strings it becomes far more of a potential pump right?
On the other hand if i just grab $DOGE and predict some wild price you will know it's most likely that it won't pump because its been crabbing for months now.
Context is key

>> No.55783717

>>55782994

always

>> No.55783974
File: 315 KB, 655x599, 1674685429201704.png [View same] [iqdb] [saucenao] [google]
55783974

>>55783173
>>55783190
if you cannot replicate trend lines the first thing you should check is the y-axis, if it has different sized increments it's on a log-scale - right click the price axis and tick "Logarithmic".
works best on longer time frames, for example on BTC you can draw an uptrend from the beginning of the chart till now which acted as support in pretty much every bear market.
same thing as drawing a parabola just a lot easier / consistent to apply

>> No.55783995
File: 81 KB, 1428x669, 1667679287295672.png [View same] [iqdb] [saucenao] [google]
55783995

>>55782963
Zoom out. BTC is currently about $7000 below the long-term support that turned into resistance (the support which the global market has traded as THE support since 2015 and which failed in September 2022 and has since been traded by the market as resistance). To get back up above this giga resistance BTC would currently need to get to $37.5k or $38k.

>> No.55784044
File: 577 KB, 1200x640, 1663403957524792.gif [View same] [iqdb] [saucenao] [google]
55784044

>>55783530
>t. low IQ
Picrel chart was posted in April 22.
https://www.tradingview.com/chart/BTCUSD/r6ubBUgm-Bitcoin-and-cryptocurrency-bear-market/

>> No.55784086

>>55784044
In April 2022, to be clear. Over 6 months before the bottom, and ~1 year before BTC hit the rightmost red box (within which it has been for the last ~4 months).

>> No.55784087

>>55783651
Can't believe I almost fell for this trash.

>> No.55784176

>>55784044
>a broken clock is right twice a day

>> No.55784207

>>55783346
kek
hello, literally me.

>> No.55785840
File: 114 KB, 1194x634, bear.jpg [View same] [iqdb] [saucenao] [google]
55785840

>>55784044
>>55784086

>> No.55786074

>>55784176
Pathetic cope. You know you're a seething low IQer.

>> No.55786348

>>55786074
You literally believe in palm readings, bro. The only pathetic one here is you.

>> No.55786456

>>55782963
I was thinking it would be soon too OP. I loaded up. Im feeling 42k by Nov.

>> No.55787183

>>55783346
hahaha @ me next time :crying_emoji: baka fr fr

>> No.55788070
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55788070

>>55783346

>> No.55788075

>>55782963
>how could you even fail at this
It's simple, whichever way I choose it will go the opposite

>> No.55788514

>>55783190
>after the fact
lmao

>> No.55788933
File: 52 KB, 964x662, gongo.png [View same] [iqdb] [saucenao] [google]
55788933

>>55782963
stairway to heaven

>> No.55788948
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55788948

>>55782963
Looks like where going back to 30k and then right back to 29k and then we'll be well on our way to 30.4k!