Bottom held again

lol just keeping lower the line

not true
the daily volume is increasing

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Bullish

Check the weekly you dumfuck fren

yes, from people selling. lmao

Thanks fren, you seem to have called the exact bottom of the bear market and the only way from here is up! Just bought 100k.

I legit keked

"And then, in their darkest hour, Bobo had hatched a plan. An absolutely evil plan. An awful, terrible and downright devilish plan. After all, it's what Bobo loved to do."

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Suicide

Based

Bitcoin will NEVER go below $5450 again.

It's all uphill from here boys!

IT JUST DROPPED $60 IN A MINUTE
WE'RE DROPPING BELOW 5300
AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAHHHHHHHHHHHHHHHHHHHHHH

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5250
IT'S ACTUALLY GOING TO HAPPEN!
BITCOIN'S SMASHING DOWN UNDER 5000

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>increasing volume as we sell off is bullish
This is not selling exhaustion lmao. Selling exhaustion happens on gigantic volume and recovers quickly on large volume too, like Feb. This is just plain bearish.

>momentarily dumped to 5200
>pumping back to 5300

sactotrans activist's virtual boyfren detected

Increased volume on a selloff is bearish

WE'VE JUST BROKEN 5200
I REPEAT WE'VE JUST BROKEN 5200
5100 OR BUST

This is not good frens... best case it gets anally destroyed right now or in the next week...

worst case it picks up and keeps doing 300$ drops for 6 months... then consolidates... then picks up

I mean, the thing that is bad is that bullrun might only come in 6 months 1 year.. 1.5 years

uuuggghh

that's what brainlets think, green dildo to 10k incoming eod

lol

now watch this user!

It's dumping so fast. 4k soon

nah, you still don't get the game do you?

AAAAHAHAHAHAHAHAHAHAHAHAHA

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I like your sarcasm fren.

I hope you have studied the Security Token Offering bubble that will emerge in the next months.

Mother of all bubbles...

mucho ruppees to be designated

don't miss it reatards,

protect your BTC... go USD on Bittrex.. not USDT

When Tzero launches all of us will make it

alright hands up who sold at $5200?

EXPLAIN

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smart people. this shit is going to double digits at this rate

buy the dip

>op is a trans activist

Thankyou forn the lols fren

post yfw ameripoors wake up to the justing
wagie Monday too
Happy Thanksgiving

Ethereum is the real winner in all this.

>he doesn't know how td sequential work
nice larp, but not this time user

>getaloadofthisgoy.jpeg

People around here will tell you that TA is garbage because they are 66iq edglelords.

Reality is that TA is the only tool adult traders have to determine the price of an asset.

TA says if the last support does not hold the price... the price will fall to the previous support line.

previous support line is 4650

it won't fall in a straight line.. it will bounce a bit from now, then from just above 5050.. then from 4900.. you get the picture.

really, the next real support line is 4650

who keeps putting up 80~ btc buy walls as the price moves up on coinbase pro? they keep getting bought up

>what is false breakout

in an asset like bitcoin that isnt goverened by the board of directors, ceo, there are 2 ways of determining the value for the asset.

- The use of an asset. (like adoption or lack off)
- TA

In times where there are no news or lack of intrest in coin, market is strongly affected by traders that only use TA as guidelines.

But TA gets broken on news, intrest, etc.

So TA is fine, but never underestimate that TA gets broken because of this or that.

you get screwed big fish eat small fish.
that's the game. unless you stop fucking panicking and stop being reactive to price movements.

how many exemples of faild TD seq do you want me to post

a) 10000
b) 700000
c) 1000 EOY BRAPS

one can have hope... I'm in USD breh I just want a clear signal to buy back in fren

no postive signal anywhere to be found atm

I'm just waiting for a "good" entry price ;_;

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divergence on hourly chart with pretty much every indicator. i'm waiting for the price to go above 5400 on bitfinex, then i'll open my long

Oh father, spare this kid as he's genuinely retarded

Are you PTSDed?

Any asset , AND SPECIALLY AN IMAGINARY COIN, is governed by the principles of OFFER and DEMAND.

BTC is dropping for ONLY ONE REASON: no one is buying and some are selling.

WHY NO ONE IS BUYING is because CHARTS look like garbage... YOU DO NOT BUY a coin that is in a down trend that is going down.

You BUY an assest once THE CHARTS tell you to buy it... this is when WHEN PRICE REVERSAL HAPPENS.. because you don't want to be CATCHING A FALING KNIVE

>BTC is dropping for ONLY ONE REASON: no one is buying and some are selling.
confirmed 100% brainlet and larper

the number of buyers and sellers is always the same, it's the agreement on the value of the asset that changes

>the number of buyers and sellers is always the same
uh... no only the amount traded is the same

>the number of buyers and sellers is always the same
i'll take "what is volume" for 200, alex.

yeah, i meant that if somebody is selling than somebody is also buying, there is no such thing as "no one is buying"

brainlet

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My retarded friend...

people have buy orders under the trading price.. they get filled.

the price goes lower.

FOR THE PRICE TO GO HIGHER... people need to start buying the ASKS,,,

in simple words.. if NO ONE clicks on BUY (no buyers) then the PRICE CAN NOT GO UP.

The VOLUME comes from PEOPLE CLICKING SELL (dumping) on the buy orders BELOW THE PRICE

Jow Forums gets btfo by the basics

it's literally 5250 right now and has been holding under 5400 for an hour, have fun with that

>go to sleep
>btc ~$5600
>wake up
>btc ~$5300
>wojaks everywhere

Gotta love this market

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>people have buy orders under the trading price.. they get filled.
so you mean, those who place the orders SELL? and those who fill it BUY?

woah

I'm saying that SELL ORDERS CAN NOT PUSH THE PRICE UP

SUPPLY AND OFFER

jeeeeeeeeeesus I'm trying to help here op

Supply and demand*

Wrong. A sell order at 6k would push he price up.

Last chance to buy above 5000.

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a SELL ORDER can't push the price down too, unless somebody fills it by BUYING

FU .........................its 5292 on binance !

Me and you should have babies

My gosh user...

IF SOMEONE BUYS A SELL ORDER (WHICH IS ALWAYS EQUAL OR ABOVE THE PRICE) THEN THE PRICE GOES UP.

Fuck man,, go to bed... you either dropped out in kindergarden or you need some rest. Still love you fren. Take care.

Always remember than as long a TOKEN or COIN is not a REGULATED SECURIRY, you hold wind,

very sad larp user, try harder next time and good night

>Drying volume for months since we were at 6,5k

guess what happened

user, you are a piece of anthology of stupidity, almost like a masterpiece of ignorance.

You pretend to trade coins and you don't even understand the most simple, basic, infantile, principle of why price goes up or down.

2 fricken variables... buy and sell.

Good night fren.. still a fren to me, even if you are a dumbfuck.

have you read the lawsuit against this guy? it is insane to think he is funding his holy war with coins stolen from a dead man

you spelled "sell" wrong

faggots

no you

your mom and her mom

I'm shorting ETH to the double digits oblivion it deserves, my only concern is whether I should short BTC and for how much time

user... please.

You shouldn't short either.. both are super risky trades. Why are you in a rush to make a trade?

Let the shit resolve itself... new bullrun, 1000s of opportunities. Still goes down, you lose money.

wake up brainlets look at the chart, we will go down to 1 or 2k

>not buying the sweet dip
youre not gonna make it

There is nothing about this chart that says we're going down

There are also no signs that it will go up, but to conclude that it does "down to 1 or 2k" is retarded.

And so did 6000 on 3 separate occasions! and look where we are now.

>being this retarded

the most predictable dip ever. banks scooping up cheap corn before ETF

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>tfw banks = always right
>tfw 2008
>tfw 2011

>banks scooping up cheap corn before ETF

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looks like some brainlets are still in denial, wait till fear kicks in and than finally capitulation

imagine there won't be sideways anymore and we start real down trend, like in the down channel

No buying pressure whatsoever. Everything below the red candles just looks like empty spacr with nothing.

Blame bcash manchildren

cycle is ending fool
no one is calling normies to buy crypto
msm are silent
moonboy gains are gone from the headlines

Dumb faggot.

Thats only for contracts dumbass