Trend line broken. Its official

Where does this testing meme come from, its pure uncut faggotry.

The bull run doesn't start until there's a reason for it to start. Nothing is different between today and yesterday to cause a bull run. There needs to be some major event or announcement or something that rocks the entire industry to cause the real bull run.

What is coinbase pro nigger.

>because i don't know why the bullrun has started it means it hasn't started.
solipsism the post

This. Stop believing in arbitrary numbers and lines. Start thinking in probabilities. It doesn't NEED to do anything you want it to.

It's called TA, it exists because it works (on large scale)
Fib retracement 0.764 is at 4600

A name change and UI upgrade doesn't rock the industry

sorry astrology is not real

>fibs
>not magic arbitrary numbers

Attached: IMG_0494.png (260x238, 138K)

Show me the TA that predicted 3 giant green dildos faggot. Ill wait here.

He's got to redraw his lines it'll be a while. Toss some fibs on. Label some waves. This is technical stuff boyo.

This whole thread needs to ZOOM OUT

For that matter someone show me the TA predicting Bitcoin going from $100 to $20,000

just draw a new line bra.

Why did it start in May? We're oversold as fuck, that's why

This. When in doubt, ZOOM OUT!

TA: i fucked your mum.

KEK this is how they react most of the time.
>I C-CALLED IT OUT ON T-TWITTER
>heh, I dont have time to p-prove it works
>s-shorting is so easy to m-make m-money
>heh, Im not going to show you my balances heh

Attached: 1509952879300.png (392x427, 167K)

don't forget to garnish with some ichimoku clouds

Oh my sweet summer child.

Attached: nope.png (973x864, 46K)

reuters.com/article/us-usa-fed-stresstests/deutsche-bank-fails-fed-stress-test-while-three-us-lenders-stumble-idUSKBN1JO33U
how about fears over the bank that holds by far the most amount of derivatives going under?

lol

dumbarses like you are what makes Jow Forums fun

Just in time

I wont be happy until we have a whole green candle above the log resistance line. Hell, I won't be happy until we have a higher low outside the channel.

Bruh it was all us TA fags talking about bullish divergence becoming visible on higher time frames.

>"oh my sweet summer child."
The faggot incel signal.

wow, an actual non-retard on Jow Forums. nice

2 tops doesnt make a trend line. 3 does.

I called the bottom and my order book proves it.

>sweet and spicy monsoon season pajeet
99% Rebecca.

I know some fag who insists on using the full name of the clouds to sound clever. His ta hasn't yield him any profit suffice to say.

That's why I said large scale u nigger, the pumps & dumps dont matter on the large scale we still going to 5k

you drew the trend line on a non-log chart. nothing wrong with that, but it just so happens that when you draw it on log, the pump is rejected off the line perfectly.

Attached: trend line intact.jpg (791x478, 58K)

see

DELET THIS

Did somebody say derivatives? Never fear!

Attached: 00A2F96E-74BD-43C5-A02B-8BA42DE687EB.jpg (602x800, 142K)

thanks just sold 100k

Day 1 got us to the arithmetic resistance line. The pump on day 2 got us to the log resistance line. Soon we will get a candle over the arithmetic line, then sideways, then above the log resistance line.

Then the artificial pump stops and it up to use to make it go up or down. I think we have at least a week of uptrend and I will be moving my stops every day.

A candle trendline is only as good as its last candle. Does anybody ever post any good btc FA.

We might bart down once more on a short timeframe, but the downtrend is over. We are going to 8k. TA is trash mostly, but the longer the timeframe is the more reliable TA is.

Attached: TA.png (2790x1963, 416K)

The Chicongo Projectile is nigh.

SHOW ME THEN FAGGOT, ILL WAIT HERE NIGGER

seems to be going up RN

Why would you use a log chart

>Meme line broken
Ftfy

APOLOGIZE

Attached: Called the bottom.png (1115x731, 48K)

Because that is the scale at which Bitcoin fundamentally works

Attached: 1527335703.png (1200x676, 240K)

Why? It might look that way because of the exponential gains bitcoin made during the moon-phase but that doesn't mean that it should operate on a log chart.

HAHAHAHAHAH YOU DO REALIZE THAT TREND LINES DONT MATER IN A MANIPULATED MARKET YOU RETARD

Attached: 1530191220019.jpg (960x960, 97K)

So long as adoption is exponential we should view the log chart. IQ is basically Netflix for CHina and they went public in April. I put my normal IRA in there based on the idea I was buying a netflix like stock within the first 4m it came out.

Metcalfes Law

Seriously, if you are in normie stocks I think IQ just hit a relative low (its only 4 months public) and it will basically go up like netflix

>The price action happening now is singficantly more important than the price action in December.

Explain this. Why?

Playa I am a swing trader. I see a chance the stock will go up for 1 to 30 days so I take it. I see it will go down and I take it.

BUT, he had bullish divergence clearly visible on ETH and BTC on some high time frames for the RSI and MACD. When the price broke down in late december there was clear bearish divergence but that was the end of a x10 run.

This is the beginning of a x2 or x5 probably. And if it isn't I will see the price action break down and flip position.

What are you talking about? This is a Balinese bitcoin board

What does this have to do with using an a log chart

The log chart is a useful way to look at exponential growth.

Things grow exponentially for different reasons, metcalfes law is one argument for why Bitcoin price grows exponentially, speculative frenzy is another, the truth is probably somewhere in the middle

You need to look at first the arithmetic resistance and then the log resistance lines or support lines. We cleared the arithmetic but we won't be out of the arithmetic resistance until we have a relative low outside that line.

We won't be clear of the log resistance line until we close a relative low above that channel. But there is still money to be made between the various conditions but you have to watch your trades a lot more when they are young.

So I am babying this trade a lot right now. I am going to be constantly fidgeting with my stops to make sure they are close but not to close.

That was one of the gayest things ive ever read.

Finally tried to clap back and that is all you got?

Stay salty and poor.

>it exists because it works
>works as well as a coinflip, often times worse

could just be a wick, wait tell the end of the day to get a sold conformation

I want to believe.

I invested $800 in April 2017. While I'm by no means a daytrader (it honestly scares the shit out of me) I made a few coin swaps here and there and got damn lucky. Dec 2017 my portfolio was worth ~$68k at peak.

It's currently worth ~$10,500 - and while still up 1,300% from my original investment this downtrend has been fucking brutal.

litecoin to 109 so i can have my gains back pls

storm will last til july/august

I keep getting numbers when I post this, must be true

Witnessed.

bullstorm confirmed

HAHAHAHHAHAHAHAHA fucking TA coping fag

why would you disgrace those dubs with a blatant lie

>intentionally crops out the timeframe

strap in boys, we're about to blast off :^)

Attached: 1528907107520.png (736x901, 451K)