I warned you

But you chose to not listen. Bears have the next few days.

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Can you do this for LINK?

it was rather obvious, does your "indicator" provide support / resistance levels? Or just general direction?

Peaks and troughs are usually good indicators of resistance/support areas.

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Yeah that's more/less what I was expecting, roughly $3900 USD is the average support across all exchanges. If that doesn't hold, bears can move to mid $3,500's

Yeah. Feels good to make a super on point call for my first trade in 8 months. Waiting now to see what happens at $3,800.

Take a look at the 1D though. Notice the past trading in the current range. Very heavy trade volume between $3.5k and $4.4k. Also note that we just had a 40% dip, which so far on this bear market, has been the interim bottom. This makes me think that we might range a bit here. If this happens, I could see it breaking past $4.4k too and heading up to $4.8k. That would be a 25% bounce and a good stopping point, but the low trade volume from $4.8k to $5.5k suggests that if we do go up to $4.8k during ranging, then break it, it could moonshot all the way up to $5.5k, which would be a 40% bounce about peak, as I'm rather certain it will not break $6k.

Note also the very low volume from $3.5k to $2.8k. This indicates that is $3.5k is broken, $2.8k will be the next stopping point. Right now we're in the middle though, so I would just wait and see how today weekend plays out before opening any new trades.

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Short squeeze
Bear trap

Basically this. Expecting a bounce of some magnitude, not above $6k, before resuming the dumperino and capitulation down. Question is, how low can we go before the real bounce up. Maybe today we will hit below $3800 before bouncing. CME futures expire in 15, maybe some point today or Monday we see some serious volatility..

Cme futures expire at 11pm UTC, after that btc is gonna crash

Why would it crash?

$2.8k is a -85% dip an a likely bottom. If that breaks, $1,800 (-91%), then $1,350 (-93%). At some point, either along $3.5k or $2.8k I think we'll go back to slow bleed, like at $6k though. Enjoy these big movements while you can.

It wouldn't. CME futures are cash settled.

Because the futures expiration is/was the only reason ((they)) „pumped“ btc above 4k

Btc usually pumps when cme expires

Dumps first, then's allowed to pump after expiration.

Going with either coincidence or there's enough idiot bulls in the market that don't understand how futures work.

The last futures expiration of Cboe was on the 19th, go look what happened.

Take a look at the last friday of every month on a BTC/USD chart, seems like the dates do line up too well coincidentally. Seems more likely we will see a big pump if we follow those trends. Then again, past 2 days could of been a bull trap and now the price will be allowed to dump to the bottom until the end of Dec, where we may see a pump up.. Though this is literally conspiracy level of speculation

The last two Fridays were duds (never jumping more than half a point). August 31st saw no rise on the day of, but then jumped a few points over the next few days.

>he "discovered" the weekend dip by creating a convoluted custom algo

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Its literally putting in a higher low you immense faggot. The bottom is in. The bulls are taking over soon.

Nigger, I'm no bear, but pic related is not a higher low. I can't see this not breaking downwards.

Have you seen the amount of shorts that need squeezing?

I don't care. Read the chart. We're testing previous low.

It can still go down further before pumping back up, shorts can go a little higher before it tests the ATH trend line.. Probably 100% incorrect but just a thought

>s-s-short squeezing!

Awwww, baby learned a new term! How cute!

Also I'm retarded and forgot to include the actual pic.

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No he hasn't because he is a giant homosexual. If it was going to collapse it would have already, his chart proves we are at a higher low but permabear shits are to retarded to realize this.

Please come back in 2 hours so all of us can laugh at you.

Higher low until it crashes to the low in a few hours

Just watch

It would seem we are all watching, and half the people here will be wrong, which half is the question

I will come back in 2 hours when nothing has happened.

I will come back and see that something happened and it was nothing but also possibly something

Bump

Please frens, no fight.

The fact of the matter is that we're right in the middle of a range between $3.500 and $4,400. The time to buy was on the wicks under $3,600. The time to sell was on the way up to $4,400 resistance .

Buy low, sell high, frens. Don't open new positions when we're sitting indecisively in middle support of the current range. Be patient. Wait for a better position, either a higher sell or a lower buy. It's better than trying to guess in the middle when a short term direction has yet to become clear.

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>L. L.
w-why did you leave us ;_;
why did you close your twitter
where can we find you?

waiting patiently

8% drop followed by no bounce, fren. Good odds we'll go to 3.6k. I like the risk:reward ratio here.
Lain was too pure for this world, we didn't deserve.

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I sure hope so, my exchange transfer is waiting to register, another dump before it clears and I buy would be great

4 weeks of chop, then we drop to 2.5-3.5

you've been warned. merry christmas.

I didn't leave; I've been here the whole time as user. I just haven't been trading, and instead focusing on re-building my health, social relationships, etc. that such a long time of sleepless day -trading took away from me.

I don't think this bear market will be over for awhile either. I'm using my time now to prep for new dev job by learning some new languages and doing projects to add to my resume. The idea is that, come late winter, I'll start applying for jobs, and by late spring, I'm working, making >= $80k (my last tech salary). Then, I use some of my gains from work to buy back into the market at $2,800 to $1,800, and start trading again.

Maybe I'll bring the twitter back then, but IDK. It was a bad ego trip. I like Jow Forums more and Jow Forums has always been my home.

Do you honestly think this will go below $3k and even stay there for extended periods of time?

chop = sideways ?

What Who?

its been over 3 hours

Time flies.

Yes, definitively. I think the bottom will be at least $2,800 or maybe lower, with a lot of flatline sideways at those prices like in Sept/Oct. Don't think we go bull until Q2 or Q3 next year.

That is quite the bearish outlook, though I certainly wouldn't mind another 6-9 months to DCA at such prices. I however don't think that will happen, because permabears are getting euphoric.

should we laugh at you now?

If anything, we should be laughing at you.

But as of now everyone is safe from being laughed at as BTC is chilling.. but don't worry, we will be waiting

You can, but I think it would fall flat, considering I'm still in green since my short entry point at 4015.

Back test it for the history of Bitcoin and post results you faggit

>I'm still in green since my short entry point at 4015
>current price: 3970
yeh bro totally so much green lol

what's your liquidation price

I dont need this guys I bought at 4200

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Liquidation price? What's that? I use stop-loss.

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so whats ur stop loss

OP how can I add this indicator to my charts?

It's tighter than your sister for sure. Why do you care? If you see a green dildo, then I was probably stopped out.

u scared of something? just wanted to know when i can laugh at you

Do you have trouble comprehending written English?

Its over 2 hours from your post. Where is your crash you faggot.

Fortunately me being wrong about the timeline has no bearing on my position.

i dont have any position open but i believe we will crash, have a order set under 3800

Jow Forums needs flags urgently

might be about to dump now 3916