TA guy, taking requests

Hello. I've been in crypto for 4 years now. Made some good money. I know that some of you think TA is a meme, but those people are brainlets. TA works and is a valuable skill to have since the market doesn't matter, the chart stays the same.

This ofcourse doesn't mean that FA is not important. FA is just as important as TA, but since crypto scene is usually speculation and internet money, TA works spectacularly.

Taking TA requests for your coins, here's LINK since most of you love that shit. LINK had a great run but I got rid of most of my stack at 9k sats. Watching this chart right now for a possible re-entry, but doesn't look that good imo.

Made 38% off of POE today. Posted it here yesterday but nobody seemed to care.

Attached: linkbtc05122018.png (1508x747, 59K)

Other urls found in this thread:

investopedia.com/university/technical/
youtube.com/watch?v=LgI0liAee4s
youtube.com/watch?v=-14SllPPLxY
twitter.com/SFWRedditGifs

Here's the $POE chart. Literally market bought this and sold most of my stack at 210.

Attached: poebtc04122018.png (1508x747, 67K)

used to think TA is a meme but have since thought twice. What would be a good book/YT channel to browse?

investopedia.com/university/technical/

Is a good place to start. I didn't read any books, all online and just xp after years of trading.

God Jow Forums I swear you are all just a bunch of brainlets. Why do I keep on coming to this board I don't even understand. Literally none of you will ever make it. You are just a bunch of "believers". You just believe that you'll somehow make it and take 0 action to ever better yourself. Just change this board name to /neet/ already.

TA works because many people use it at the same time. Read history of japanese rice market.

U are whalecum

gimme a book for this shit.

Alright TA fag, give us a good chart to trade this week.

Let's see DGB

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Oi, m8 i trade like a whale i only make 3 good trades a year with a huge pile of cash, watch yeee language.

How about ETH?

I'd take profit at 1390 since we had a long ass wick touch that range before, but if we break through that aswell I'd set up leveling bid @ 1650. Smth like 10% at 1500 10% at 1520 10% at 1540 etc. until 1650.

However if you look at daily RSI it doesn't look good. You don't want to see a decreasing RSI when you're making new highs. That's hidden bearish divergence. So I'd be doubtful for it to hit 1600 range. Probably just put up a stop loss at 1390 if it gets there.

This is all if the pennant on the hourly chart I posted earlier breaks bullish. It might not.

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Stoch rsi has been my most valuable indicator. Aside from reading flags and general sentiment.

xlm?

also some people trade on different strategies. I've been working on qfl using only horizontal support/resistance and trading safe panic drops and bounces.

Link pls

Can I get a TA of ICX/BTC?

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OP do you think we're in a falling wedge reversal right now for BTC? I think we're about at the apex of it so it is either going to fall or have an upwards trend (unlikely).

Bchsv please, bteakout imminent?

you're a moron, TA works because it shows repetitive human psychology in markets. Formations and patterns show people's beliefs in a market, its psychology on a graph. TA doesn't work cause ta is a meme and enough people believe in it. Dumbass brainlet

Here's XRP. It had a great run a couple of months ago where I made 200%. Reason was the bullish breakout of green trendline. Right now what I see is some undecisiveness in the market. Bollinger bands are getting tighter on the daily chart which means a big move is coming either way. You'd really want to see bulls hold 8788 range since it was the peaks of the last few runs. If that breaks down I'd expect a fast bearish rally to 7k ish sats. Wouldn't buy right now, more like wait and see.

Attached: xrpbtc06122018.png (1508x747, 87K)

Hydro

exactly what I said you curry nigger

$ETH looks like utter poop right now. Can't find support on any MA's, will try to find support on any of these green boxes with prior history. I'm almost certain that 2 digit eth is very soon. Might be interested at around 80$

link chart is at the top, really want that green line to hold or we're going to test some prior supports and be bearish for a little while.

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What do you think about this chart? I don't want to give away the name of the coin, but by looking at this, do you think it's getting primed for a mega moon?

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$ICX doesnt look that good either. I would only be interesed in buying after the green line is broken. Meanwhile you really want 577 sats to hold or this coin just goes into depths of hell.

ICX has really been struggling lately and a lot of bag holders have sharted blood I'm sure

Attached: icxbtc06122018.png (1508x747, 48K)

wow a 3 dollar drop what a brave prediction

Can you take a look at DCC? It's on kucoin.. thanks OP!

Here's BCHSV. Even though I really hate this coin cause I hate craig wright, had a really good run lately. Weird coin for sure, but have this one under my radar aswell.

Basically you want that green line to be broken bullishly, but this is a descending triangle and rather is bearish. Constant lower highs and knocking on the door of support at 85$. If 85$ doesn't hold I'd evaluate for an entry at 72-76$ range since that range has a lot of prior history. I'd only entry if green line is broken.

Attached: bchsv06122018.png (1508x747, 48K)

Do XLM, and LTC. Especially wondering if I need to sell the latter for a bag of shit.

just because a coin is bottomed out doesn't mean it will have an insane rally soon. just means that it might be a good time to accumulate incase of a bullish rally.

Look at ICX, Look at NEO, both are very similar to the graph u posted but are on their way to the cemetary. As a trader there's a thing called opportunity cost. You dont want to park your capita incase of a rally, you want to buy confirmed bullish breakouts or trends for low risk gains.

eth is 100$ right now, a drop to 80 is a 20% drop and is quite important. Stop being dumb. If eth was still 1k and dropped 20 bucks it would only be a 2% drop, but right now a 20$ drop is a 20%.

Here's XLM, will post LTC next.

$XLM doesn't look that great right now either. Notice the bearish breakdown of greenline and the free fall that commenced afterwards. Daily RSI still hasnt bottomed yet which means bearish rally will go on for a little longer. I'd evaluate for an entry at 3320 sats and if that is broken at 2940 sats.

The reason why I pick these targets is because of prior history at this prices. Notice how many times these prices have been touched meaning these ranges are important.

I bought a fat bag of xlm a couple of months ago at 3320 and sold at 4500. Was a nice 35%. Reason why I bought was the purple line.

Also heard some bad FA about XLM lately, so yeah.

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thanks man, nice TA :) what about an EOS chart? it's looking really bad right now, not sure when to try to catch that knife

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Thank you senpai. Bad FA, huh? I’ve heard good things, rumblings about Cuckbase, though that clearly doesn’t matter much these days.

Here's LTC. Before I start I have to say that I love Charlie Lee (creator of ltc) Motherfucker was the only guy with the balls in the scene to publically announce that he sold the top. It was in a way a warning actually to the investors, some caught on, some didnt.

Many of the ICOs that received ethereum for their tokens have actually held onto their ethereum for all this time and are broke as shit since eth is soon double digits. Shouldve sold at 1k+ eth noobs.

Back to LTC, I made a lot of money off of this coin. And dont plan to stop anytime soon. LTC is in this huge falling wedge play which is VERY bullish when its broken. But for now, it doesn't look that great. I'll accumulate whenever it gets close to 18 bucks. Might not hit that exact price, but I'm sure that we'll be in this 18-34$ dollar range until this falling wedge is broken.

So yeah, I'm gonna accumulate everytime its close to 18, market buy a bunch once this falling wedge is broken bullishly and sell between 40-100 bucks. That's my gameplan.

Am I buying this RIGHT NOW? No. Do I have plans to buy in the future? For sure. This falling wedge is very well defined and will be very bullish after broken.

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does anything look good atm?

care to do
xmr and xrp?

Xmr seconded. Xrp can eat a dick

Nice. That makes a lot of sense. Much appreciated OP. Great job. I will do as you suggest.

Coinbase only leads to a small bullish rally, maybe a 2x and than instant dump once its finally on there. Look at BAT, look at ZEC, look at ETC.

Although I do have plans for ZEC in the future .. hehehe.

Here's EOS. Looks baaaad. Seems like it wants to test 5000 sats. Weekly chart RSI still hasnt bottomed out which means its still bearish. However 5k sats might be a good entry. Notice how it wicked it at march and started an insane rally. We might have a bounce at 5k, but if that is broken bearishly, it probably goes down to 4k and will have to test 5k as resistance instead of support.

I'm not a big fan of catching knives. You don't have to catch the exact bottom. Just buy the confirmed trend divergence and you'll make good money with low risk. That's what I excel at as a trader, notice trend divergences, find good entries and execute my gameplan well.

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What do you think is gonna happen to BTC? Is it done for?

Here's XMR. Gonna post 2 charts for this one. I was really looking forward to get an entry around this price range after a bullish confirmation of this almost year long line holding. but unfortunately it doesn't seem to be able to right now. Which is sad because I really like the project and feel like privacy coins will get some love very soon.

So I didn't entry at this range but plan to do soon and I'll explain where at the second post.

Notice how many good rallies started after touching this line, but as you can see the last rally was rather weak compared to the other ones, and this time it seems as if bears have control.

Reason why its a bittrex chart is cause bittrex has more history.

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Thanks, looks like we're getting a little bit of a bounce right now

Quant please

Now where I plan to reevaluate for an entry for $XMR is between 0.0116 and 0.013. Why? Because of that purple line. That purple line is 200 moving average for the weekly chart of XMR. These MA's are very strong support and I really expect it to hold. I eyeballed that after this bearish drop the 200MA will be around the ranges that I mentioned earlier. I picked those prices because of bounces after it hit those points.

But honestly, knowing XMR, it seriously might regain control of that year long trendline and start a rally. but like I said, I'll only entry after I've confirmed my observations, otherwise its just gambling.

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MKR please. Also I saw your POE call the other day and didn't trade it because I am afraid of pajeetery. Forgive me.

RAVEN COIN.

I THINK THAT SHIT IS GOING TO GO UP NEXT YEAR.

No. I really think cryptos are the future. Bitcoin might have hard times ahead and might not be the ultimate crypto in the future, but it surely is the godfather of the scene. The current monetary and economical system is corrupt and done for. Bubbles everywhere, real estate, credit, college tuition, car loans etc. etc. 20$+ trillion dollars of debt only in the US, constant criminal bailouts for fucker banks. Printing money is stealing from the regular people's pockets. Everytime they print money and give to their criminal friends at wall street, they devalue the money in ur pocket and just give it to ur friends.

Thats why BTC is AMAZING. You always know how many bitcoin is getting printed everyday, its decentralized, its 10x better than gold and fiat.

Why was gold the standard? Cause it was a scarce resource. Well there will only be 21 million BTC, EVER. I'm sure that we'll find more gold in the future, but $BTC will always be hard capped at 21m. So that makes it deflationary which is so valuable in an economic system its unbelievable.

Along with the fact that transfering BTC is so easy. You literally can transfer millions of dollars for a cost of less than a dollar. Do you know how much money governments spend when they try to transfer their gold reserves from country to country? Literally millions of dollars. Gold is heavy and not ez to transfer. BTC? Just a line of code and after a few confirmations you're all set.

BTC poses a threat to every centralized being. VISA, Mastercard, Paypal, Western Union, Moneygram, Governments, Bankers. These beings are literally the SCUM of earth. Fuck all of these motherfuckers. All they do is leech off of the people. They will all burn to the ground.

I could yap about this all day, but basically long term I'm insanely bullish on BTC once people understand the true potential that it holds. Not because of TA, but fundamentals.

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BSV gonna fuck everyone up, Craig does not care what you think of him

tldr BUY BUY BUY

continued rant, when I used to stream on twitch whenever I got a 5$ donation paypal would get 30 cent fixed fee and than 3% off of the total.

I'd get around 4.55. Do you understand how ridiculous that is? That's literally close to 10% of the donation just taken away by paypal.

When I used to try to send money to my family at my home country, Id try to send it with western union and pay close to 80 dollar fee when I send 1000 dollars. That shit is fucking INSANE and makes me furious.

I send thousands of dollars to my parents now via btc and you wanna know how much I pay per transaction? Less than a fucking dollar.

Decentralization is the future. People in power of such organizations, businesses and industries will always abuse their power. But a thing like BTC doesn't have emotions, it based off of math and technology.

BTC is the start of a decentralized revolution. I'm sure that 5-20 years from now we're going to have a lot more decentralized technologies that will give back the power to the people.

based op. Can you do me a chart for AE, it keeps going down and down. What if i can find support with one of those lines does it means its going to ico price?

can't*

back to TA, Here's raven coin.

Bulls really want to hold 379 sats. If that breaks down not interested until a confirmed trend divergence. RSI actually bottomed out and perking up on the daily chart, but that doesn't necessarily mean an insta-buy pointer. It's not bad though.

Where I would look for an entry is take a risk and buy right now, or buy the retest of 444 sats after a breakout.

Oh and tight stop loss under 379 if u buy right now, cause that shit will just rip.

Upto you. Im a low risk kind of guy and BTC is acting up so not that interested in many alts right now.

Hehe. I'll try to find MKR on cointrade.signals since its not on tradingview. Next post

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Do King shitcoin (BTC)

craig is a brickhead moron. all he'll do is take down both bch's with him which is great cause both of those coins are absolutely fucking shit.

hes a fraud alcoholic moron who knows nothing about the technology and only rants about communists or liberals at any of his interviews.

a purge is necessary for the crypto scene unfortunately, but the phoenix will rise from its ashes stronger than ever.

i dont think its that good of a time to entry mkr user, there were better opportunities for sure. It seems to be kinda bullish but like I said im a low risk trader so i wouldnt buy it for a 5%

Here's AE. Lol. Shit is dead. I wouldnt even get close to this coin until it somehow finds a support. It's at an all time low and I'm not a fan of catching knives.

Only good thing I see is a double bottom of RSI, so bottom might be near, but I would only entry after a confirmed trend divergence.

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I'll post 2 charts for BTC, short term and long term.

Here's the short term one. Hourly chart. This is the channel that I see right now. I actually drew these lines a few days ago, nice to see that theyre still respected and btc actually bounced a bit few minutes ago. (I wasnt even aware)

Short term, we're in this downtrend channel. Not really bullish until upper green line is broken which is around 4180$. Bulls should really want to hold 3680$ which theyve managed to do so far, but the more you knock on the door, easier it gets for it to be broken.

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yeah its weird cause 1/3 of supply got moved to mainnet and its one of the few legit projects out there. I guess the market just doesnt give a shit. Whales are buying like crazy now though

unironically neat TA, thanks for sharing, but would like to question one thing about deflationary nature of BTC
1) as you know, there are halvenings
2) right now roughly 85-90% of all BTC in existence are already mined and (((distributed))) (if you know what I mean)

now look
1) let's say right now bitcoin is 10k$
2) John Smith buys a house for 25 BTC (250,000$)
3) X years later BTC goes to million, now John Smith's house is worth 0.25 BTC
4) John just wasted 24.75 BTC

project this thing to whole world and look where we are heading
majority of all crypto is already in hands of (((right))) people, rest 10% will be sold to plebs like John who will drive price up to get breadcrumbs for their life savings while (((right people))) will simply do nothing but buy whole world material goods for pennies again

what do you think? what kind of game is this?

i bought in at 790 a month a go before shit went to hell. but i know that i can easily do 20 sat moves and get 100 dollars each time because my stack is big enough to do fast trades and make wage cuck profit just waiting around.

Now here's the long term one. If 3680 is broken as I've mentioned on my previous post, I'd be looking for entries in this greenbox.

From 3k to 3.5k. I really really think this range will hold. I don't think we'll see sub 3k, and even if we do I think it'll only be for minutes.

I have tons of fiat ready to buy at 3k. Prices may vary from exchange to exchange, but this is bitfinex chart since they have relatively high volume even though they use usdt so premiums are higher.

So yeah, short term I'm not that bullish on $BTC, but long term, My target is still 20k+

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it broke out of the boilinger bands on the week chart so that means we are headed for 3k and below before we have a reversal. plus the rsi on the weekly is way way down so reversal in like 6-7 months from now.

a game where you dont spend your btc

gg / Xhk7Af

Charlie Lee you CUNT

Based ta user: what should we read to learn and think like you? Your analysis rings true on many lvls

yikes brother, not that good of an entry.

heres what I think. Have you heard of the 1 btc = 1 btc meme? Well what does it really mean? It means that for bitcoin to have the upperhand to fiat (aka dollar) we need to stop evaluating its value by dollar. Right now global adoption of cryptos is difficult with a volatile price, and especially difficult when everything has a dollar price. Clothes, food, houses, cars, loans, etc.

So the real perspective to have shouldnt be the volatile price of btc paired with dollar, but what would it be like if BTC was the global currency instead of the dollar.

Right now the global economy is in shambles. Stocks are plummeting (bitcoin wasnt the only bubble, some of these stocks like sp500 dow have been in a bubble for YEARS) inflation is crazy, jobs are getting shittier with low pay, debt is at a ridiculous level where it simply cannot be managed anymore.

We really are at the brink of recession, and it will be bad.

But how did it get this bad? Well, unregulated money printing, banks creating ways for them to create money out of thin air (like collateralized debt obligations) where they turn 20million dollars into a billion dollars via some stupid loops in the system. Truly criminal shit, and what happens when shit hits the fan? Regular people, middle class low class lose their homes, pensions, savings.

What happens to the banks? The true reason why all this horrible shit happens?

They get fucking bailouts and move on as if nothing happened.

The current economic system is FLAWED. and its designed to fuck the average person over by keeping him running in the hamster wheel with a carrot on a stick while these fuckers run away with billions of dollars everyday.

Here's a great speech, listen to it when you have time.

youtube.com/watch?v=LgI0liAee4s

Thanks user. I'll be honest, you have to hate the current situation of the world. Cause I really do. I went to a high school with a lot of wealthy kids and my parents were doing ok but we were no way near as wealthy as them. I'm talking about yachts, only designer clothes, 4-5 holidays in a year, classic cars lambos etc. rich. And that shit really traumatizes a young kid. I mean, I'm there trying to learn some stupid fucking shit so I can have the possibility of making a good living at high school while there are motherfuckers sitting next to me who literally will NEVER have to work for a day in his/her life.

and that shit got me fucked up. and it got me thinking. and that thinking has never stopped. I question everything. I don't give 2 shits about the norm. The average person is dumb as fucking rocks, cause he was designed and organically programmed to be dumb. Not his fault, just the way the system works.

Honestly, George Carlin summarized the whole situation under 5 minutes. I don't think I could do it any better.

youtube.com/watch?v=-14SllPPLxY

I'm usually at a mental unrest, but when I'm happy, I'm much more happier than most of these morons will ever be. Sometimes I lose hope, but never my vision.

You're literally just drawing lines nigger

A break of bollinger bands only explains the trend, doesnt necesarily mean where itll end up. I don't think the reversal will happen in a day either, but we'll for sure have a "disbelief" phase.

This is a suckers rally. --- or not?

I don't think we'll see below 3k, but we could. Still I'm buying the shit out of 3k

drawing lines and making bank

feelsgoodman

Based user you are speaking a load of truth in this thread that I appreciate greatly. Would you be able to give your opinion on a long time hold of mine Bitbay (BAY). Thank you.

Post screenshots of your trades
I'll wait

Hey user do you use tether when trading?

At what point did you know to start drawing a green line? When did you buy? When did you sell? You can't answer that without showing that it doesn't work.

Thank you, here's what I see for BAY.

It is currently in a rising wedge channel, which looks bullish but can turn bad real quick. However this looks like the MCO chart I posted earlier which had a very similar setup. Rising wedge into a long trendline that was actually broken bullishly and had a nice rally. RSI rising and has room to work with which is nice too.

You mentioned that it was a long term hold user, so you've probably bled quite a bit. My advice would be (and rarely is) just hodl. Chart really doesn't look that bad but don't hesitate on taking profits. 203 seems to be strong support for now.

What you should have done is actually buy more at 203, which seems funny but is actually true.

So yeah, just hodl, see what it does between 270 and 340 sats. This shit just might moon too when you see the prior rallies it had.

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Based user how can I repay you?

I'll only share the most recent one, cause I dont have to prove anything to your broke ass.

I market bought this btw, cause fuck you.

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Here's my LINK trade. You can see my target at 9200 havent even been reached yet and can see the date of my graph from the image name and at top of the graph.

30/10, so approx 40 days ago. My entry was 3766 after resistance turned into support.

If you check the dates on my chart (which is in my native language) I saw that at "Nis" 3766 was support, following that it was broken bearish. When we got to "Eyl" (Check dates again) I saw that it was finally support again and bought a fucking bunch.

Started taking profits at 6200, sold majority at 9200. I averaged out a %230.

Stinky linky

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SHITTY TRADE LMFAO muh 35 percent trades
learn to trade like a real man. I can tell you're a brainlet because all your "TA" are basic simple lines. You're just mad because I'm better than you and make more money than you without ever using meme lines.

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Are your charts public on trading view friend?

give me you fake mail OP, so me and other anons can ask TA related questions later

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Here's my btc adress: ahdhuashd

im jk user, just be happy and dont let consumerism define wealth in your life.

SHINE BRIGHT

The sad part is you actually think this pretty impressive

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So, the holdings I am currently most worried about are RLC and CAPP. I have no clue about TA and would love to know what you think about it. Bought RLC at 550 sat and CAPP at 200 sat. Also, REN, but could be hard after todays pump and binance listing in 2 hours. Do you think it will dump?

Sorry if it's to much just pick one you like to do

Pleb all my trades mog you

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Such a true sentiment

>It will go or down

I've been in crypto for 3 years so I understand what you are talking about; have read aantonop books, other peoples books, watched many videos, forums, been to conferences, etc

Thing is, basic game theory: if it's possible to get advantage by abusing rules there WILL be people who play dirty. This is why gold standard was abandoned and we came up to verge of next crisis, however at same time, there are same jews who came first in crypto ponzi and now only increasing their stake as we speak. There is zero guarantee that it will end up in fair perfect world, you can't overcome human nature. Sure it has big promises and perspectives, but just think of how things could be if it ends up dirty, like meme "reddit time traveler" told us in 2013. Being born in '93 and watching how things evolve is kinda sad if it will really end in 10 years, and things are looking bad now. If bitcoin will make it's designed move there will be very short time to enjoy life before end of the world. Things came too far, it's too late to give up and cancel this thing

I don't trade futures regularly. I closed my short from 18k just a week ago.

10 bitcoins, thats not even 40 grand

move on kid, not here to have a piss fight

but if that is indeed your trading shit, from 1 btc to 10 btc is quite ok under a month.

how did that bch short go? that was like the easiest trade ever wasnt it

>Most of you love that shit

If you're so intelligent at doing TA how are you not intelligent enough to recognize bots and discord spammers?

This is some shit tier LARP. You went from sounding so "wise and smart" to a angry street shitting pajeet in denial. You honestly make me laugh just like all the tryhard TA fags.

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