Only TA autists allowed

BTC broke through 200 EMA. Holding solid on 200 MA. Next most recent MA is the 370 week. Will BTC break down to this?

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I hope so. But a lot of people are waiting for the "bottom" so I kinda feel like we won't go back to 3150 or below.

lmao 200cucks just now realizing it can and WILL do this

2k here we come

Look around, few people in Jow Forums care about grandpacoin anymore

not 2k that's retardet to think
it will regress down to 3.2k-ish and than climb slowley towards 4.6k

just cap this
t. tismnigger

lots of people also said BTC would drop soon when it was doing the 6k sideways movement, and it did

Most recent MA is 394. It's at 1816. I'm setting buy orders to $2000 with x20 leverage.

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just for this post, i've lowered the floor to 1.9k

BTC didn't hit the 200 weekly MA at 6K.
Fractals are all there are in this market.

It will surely go to $2k, I've said this in another post and it's obvious, but first it's gonna climb to get the short stop losses in $4.3k and it may go higher than that if there's a lot of money shorting

the only time the 200 weekly MA was of relevance was in the *last* bubble.
in the one before it was the 100 weekly
guess which one will be relevant now
hint: its the 300.

>memeline niggers get it wrong again
I'm so sick of these reruns

TA unironically holds, as long as you stick to very longterm trends

more like the 350.

we arent increasing by a set amount, it's getting increasingly larger

nope, only the stupid memeniggers did. plenty of people called this. the ones with 50 likes on their twitter posts instead of 500. makes one think...

true, there is no reason to assume any linear functionality behind it, i was merely making the general statement that as volatility keeps shrinking with the amount mined, the relevant averages also get longer

in 15 years or so it will be very stable and nocoiners will experience existential dread when they think about how many times they had the chance to get in

>in 15 years or so it will be very stable and nocoiners will experience existential dread when they think about how many times they had the chance to get in

agreed, my fellow long-term bull

Nobody gives a flying fuck about BTC anymore, it's all just being desperately wash traded to seem like it is still alive. Every 0.5% scalping opportunity is now exploited to the max, no more bullruns for grandpa...

cant stop gramps

>The stupidity of using 200 instead of 199 or 201

You should try ALL THE NATURAL NUMBERS INSTEAD BECAUSE THAT'S THE WHOLE POINT OF TA, WASTING TIME BELIEVING IN BULLSHIT

where do you get the 370MA from? "most recent" ?

yeah it will go to 0

TA works because it's a p/d that enough people follow to self fulfil. Problem is with ta fags in crypto, they think the tiny amount of day traders swinging their 5k stacks matters at fucking all when all movement comes from whales moving several million in under an hour followed by teether peasants fomoing in or out so they can jack off to 1 percent scalping

As long as we keep holding the 50 day EMA as support we should be good.

Why do retards like this guy here always get frustrated when people are talking TA? Just because you can't understand TA doesn't make it incorrect

Probably because every ta thead here the last three months has been wrong and the ta fags disappear until btc stagnates for a week

TA isn't as reliable in the crypto realm. I thought most people understood that. Crypto has shitty ass volume. Plain and simple. TA in crypto is like trying to predict what the fuck a monkey is going to be doing 10 minutes from now.

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So then why are you asking if you already knew autist

fuck you

>The the 1000 MA will hold

Is this whole thread bait? I've never seen so much insane nonsense. 370 ma? What!?

>why are you asking
What the fuck did I ask, you autist?

Pee pee poo poo

>>> Mmmmm mmm
>>> Uuuuhhh
>>> Mmmuhh muhh

Btc will hit 3987 end of day

>>>Babab ababbabbaba
>3
>2
>1
> No take backs

*I cast a spell to reflect all other mememagic in this thread*
>>Mamamamma


>> Ooooo
Reply to this with
>> Ooooo
To amplify this spell

>> Oooooo

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TA is simple in this bear market. Follow the crypto fear and greed index and make longs on extreme fear, and shorts on greed/neutral. And in general, do the opposite of what all the most popular TV authors are forecasting.

The sample size is too low for an indicator with this many periods to be reliable.
Using lagging indicators to pick entries and exits is newfag tier.

shorts are low af right now though

Here

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Forgot to mention 50MA support as well, seems to me the 5k target lines up well with the 200 MA as well so look for a retracement to that.

wow you're still trying it

so you like getting liquidation e-mails when you don't expect them?

nice digits

>t. btc-fund-manager

rate my TA and/or my paint skills thanks

fuck

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here is my ta first and only

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EZ right?

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100% this. At 20%, your liquidation is $1914.5, theres going to be some major action when we do hit the bottom because of really easy stop loss hunting. Greed will be the absolute JUSTing of those that try to time the bottom. Remember, bitmex insiders have access to what's called Level 3 data, which can provide access to calculate if it's worth it to short the market to a certain point, immediately buy back in and cause a cascade of of stop losses. Both directions. You've been warned.

All these useless TA's in here, still 9 months of bear to go.

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do you know what happened the last three times shorts were this low??

>370 MA
> call yourself a TA autist

haha based

look at longs too tho