There are (((people))) on the board who are telling you to short any break out you see. They are not to be trusted, they just want more money to fuel the pump that happens when the suckers get short squeezed out.
We have 4 historic points of contact in addition to our current point of contact. We have hidden bullish divergence on the monthly time frame from the last point of contact and the current point of contact. The monthly volume continues to drop as we get against support and soon it will turn green and we are out of here.
Go long now, and go big. When we get up to the red resistance line if you see bearish divergence it will be time to short biggly. But that can be a long way away, like three years from now.
So you're saying I shouldn't kill myself yet? Big if true
Caleb Bailey
kek
Jace Gray
I like it
William Wilson
Not only should you not kill yourself, you should take out a massive personal loan with zero interest for a year and throw it into BTC (stop loss at 5,400( or ETH (stop at 170) leveraged to the hilt.
Xavier Williams
So your basically saying $50,000 BTC by 2020
Parker Martinez
i could never take out a loan to buy crypto. i lost a ton in crypto the past year but if i ever got placed into debt because of crypto, fuck that
Josiah Ortiz
Where is this hidden bullish divergence? Is it so hidden because it doesn't exist? Everything points to shorting down to 4k, just look at that botched pump earlier today. Everything screams bear right now.
Jeremiah Hill
Here's your rebuttal
Hundreds of billions aren't going to flow back into the market because a memeline exists, especially after the market recently just plowed through the 6k ultra support.
You're in a new dynamic now, and 6k is going to be the absolute ceiling for a very, very long time.
Brody Bell
We will be at 17k minimum on Jan 1, 2018, and max 87K.
What crack are you smoking? We are literally standing at a lower low on price. We are at around the lowest price all year. Bulls are absolutely delusional.
Ian Robinson
friendly reminder that the bottom is where you sell,
sell at 0 ? yeah that's the bottom
Adrian Torres
There are (((people))) on this board that tell you TA is viable in an unregulated market. You have to be absolutely fucking ignorant to believe any crypto TA. You'd have better odds flipping a coin to determine your buys/sells, because a coin doesn't have an agenda. Fucking idiots.
Yep, Bakkt and Fidelity did nothing to pump BTC The dump wasn't caused by any FUD, BTC just collapsed under its own weight Those factors show just how truly weak bulls are right now
Owen Price
TA is gamblers tool
Mason Williams
The absolute state of your despair pleases me. The money is going to come from the normie markets, flowing from areas with bearish divergence on the monthly chart to places with hidden bullish divergence on the monthly chart.
The big whales are not going to market sell their whole stock market position and market buy into crypto with their whole stack. They are going to unwind their stocks slowly and slowly enter the crypto markets to keep the prices down.
It absolutely is not viable in crypto. Y How many coins post balance sheets, forecasts, Liabilities, etc? None. All of that data is crucial to TA. Dont assume I'm some retarded teenager like 90% of this board. Crypto TA is utter bullshit. Nobody has shown their analysis to be reliable over an extended period of time. You either have inside information on the movement of whales or you dont and that's the bottom line.
Angel Nguyen
After 2 months of sideways, id say we are nowhere near anything
Wyatt Johnson
>How many coins post balance sheets, forecasts, Liabilities Thats FA (Fundamental Analysis), you retard. TA (Technical Analysis) doesnt give a fuck about FA, TA is just lines that form into patterns that are either bearish or bullish.
Kayden Nelson
You have more sanity than 99% of Jow Forums users, congratulations user
Jeremiah White
And TA relies on FA. Your meme lines can show very bullish patterns but if the FA foundation isn't there you're flipping a coin. The abject retardation and cult-like religious belief is fucking appalling. Show me 1 person who has had reliable TA for a period longer than 6 months. You cant.
Dominic Price
We had two months of consolidation. Now we had our last capitulation of 10% and we slammed right against a long term support with three historic hard points of contact in from October to November of last year, confirmed by VPVR and if you throw that on a daily or weekly chart we again have bullish divergence.
Listen, asshole, FA tells you what to buy and sell and TA tells you when to buy and sell.
And without both TA and FA you have no proper analysis for investment. The market is unregulated, whales can pump and dump you at will and your meme lines will be 100% inconsequential. You can keep your faith all you want, it's your money to lose, but you cannot show me ANYONE who has had consistently reliable TA for crypto for 6+ months. Keep on justifying your delusion but you have no evidence to back it up.
Landon King
the same goes for the world outside of crypto. i don't understand how people can take out loans to buy cars or other frivolous things and swamp themselves in debt. boggles the mind
Thomas Gutierrez
>the money will come from normie markets
The normies came and went (after getting just'd extremely hard) late last year. Perhaps you're too dumb to realize that. They're not coming back, and neither is a potential bull market for several years (if Ever)
If you weren't a baby TA-let, you would know that indicators are supplementary to analysis, and not prophetic lines that never fail
