MASSIVE RESISTANCE LEVELS COMING UP (5500-6000), IF THE VOLUME WE ARE SEEING PERSISTS, THEN WE ARE OUT OF THE WOODS.
OTHERWISE, YOUR A TOP BUYING FAGGOT, BEARISH ELLIOT COUNT ATTACHED (GIANT BEAR FLAG).
REMINDER, YOUR A FAGGOT.
MASSIVE RESISTANCE LEVELS COMING UP (5500-6000), IF THE VOLUME WE ARE SEEING PERSISTS, THEN WE ARE OUT OF THE WOODS.
OTHERWISE, YOUR A TOP BUYING FAGGOT, BEARISH ELLIOT COUNT ATTACHED (GIANT BEAR FLAG).
REMINDER, YOUR A FAGGOT.
we're definitely moving soon from this weird 5000 level. We never resided here at all, literally at the cross roads to either 6000 or 4000. crabs about to get rekt
Imma need a cooler looking chart with more colors and a gradient
based CAPS LOCK user
He's gone. This is one of his disciples who will also be gone once we break 6k.
How you figure that?
By smearing his own shit over his tea leaves and taking a big sniff
>imagine the smell
IF**
what are those lines
red
look at the yearly chart... there is no support nor resistance here
sad thing is i can totally see this happening. the next halving is coming soon but if we only start to ramp up on october then we got time for visiting hell after purgatory.
Moron
This. There's no historical precedent for BTC resting in the 5000 range
>muh charts
>muh tea leaves
>muh hard work and effort in making money
history really does repeat itself
anyone else remember 2016 when it was so easy to say bitcoin is dead itll never reach 1000 again check out these wyckoff lines I cum on cat she hiss at penis
>muh empiricism
Humans participate in these markets retard. If the result of reading tea leaves plays enough of a role in the majority of the participants in a market then it becomes real.
>paint a giant bear flag
POMP EEEEEET
The only humans participating right now are bulltards. You can’t deny that. There’s no volume, news, or product advancement now or in the near future. There’s a time and place for some tea leaves, but not now.
>I cum on cat she hiss at penis
Great point you make there. Is that bullish or bearish though?
bruh...i think we're actually going bull again
>The only humans participating right now are bulltards.
Don't forget the bearish short sellers who go all in shorting this thing and cause squeezes
>There's no volume
> 2 days ago we had the largest volume surge in crypto history
Gotta wait until we hit U$20k just to make sure am I right user?
kek
>There’s no volume, news, or product advancement now or in the near future.
It doesn't fucking matter.
It's pure speculation.
If a bull run starts everybody jump in, and normies will fomo right after.
Probably we need to wait other 6/7 months to see some real legs up, but who fucking knows, maybe tomorrow morning Trump will buy half of BTC supply and this is it, nobody has a crystal ball...
I'm betting on BTC retesting its low by October and then shooting up from there
It should be a Merry Christmas.
You can find technical arguments for the bear and bull case both, but just because you choose to ignore the bull case doesn't mean the bearish case is the only reality.
It's going to be a miserable Christmas user
We shall see user
We shall see
whatever it does it's gonna screw over the maximum amount of market participants. just chart that and there's the answer.
imagine if it goes from ~1k to 16k in a year, not once, but twice
hello faggots. former caps user here. now lower case user. we are going to dump hard but at least we will have a sick alts season first.
and this is roughly what i expect of the rest of the cycle
NO ONE IS RETARDED ENOUGH TO FALL FOR THIS JUST SO THEY HAVE TO FOMO IN LATER.
YOU THE FAGGOT
You and a bunch of other idiots are the reason they were able to create that short squeeze. Your fud got people rekt. You're essentially incriminating yourself with this "analysis".
:)
fair enough. it probably wouldve happened anyways though. i was under the impression that biz was just a bunch of pajeets with no money. i really didnt expect anyone to actually care what i was saying so i suppose i added some fuel to the fire. still doesnt change the fact that a short squeeze in a bear market is not a trend reversal.
BASED
FIRST: WE HAVE BEEN IN AN ASCENDING TRIANGLE PATTERN SINCE THE DROP IN NOVEMBER, ON DECLINING VOLUME. IT IS LAUGHABLE TO THINK ONE LARP ON BIZ WAS ABLE TO MANAGE TO "create that short squeeze". MANY BEARS WERE SHORTING $4200 EXPECTING IT TO BREAK. WHAT THEY DIDNT EXPECT WAS THE HIGH VOLUME BUYS.
SECOND: ANYONE WHO GOES ALL IN ON A GAMBLE IS MENTALLY RETARDED. EVEN CAPS GOT REKT, THATS ON THEM FOR POOR RISK MANAGEMENT. I TRIED TO WARN HIM IT WAS AN ASCENDING TRIANGLE THE NIGHT BEFORE.
THIRD: CAPS user WAS TOO HASTY. HE IN ESSENCE KNEW A BEAR FLAG WAS FORMING, ONLY MISTAKE HE MADE WAS ASSUMING $4200 WAS UNBREAKABLE. THERE IS A POSSIBILITY THIS BEAR FLAG IS INVALIDATED ABOVE $6000 ON HIGH VOLUME, $6000 IS THE IMPORTANT LEVEL TO WATCH.
**FOURTH, AND MOST IMPORTANTLY, ESPECIALLY FOR THE BRAINLETS: BTC IS GOING TO $100K+ IN A FEW YEARS, THE CURRENT PRICE +/- %20 IS PEANUTS IN COMPARISON. EVERYONE HERE SHOULD BE ACCUMULATING, AT THE BARE MINIMUM DOLLAR COST AVERAGING. UNLESS YOU HATE MONEY OF COURSE.
FIFTH: YOU ARE A FAGGOT
I'm not gonna read all that shit retard
literally one hourly bar of volume and that's it. That's not real volume, that's a few whales.
READ THE FIFTH POINT AT THE MINIMUM
Imagine actually thinking anyone is going to read that all caps horse shit post. Fucking mouth breather
Capslock user is fucking hot and based. Please fuck my ass capslock
Proof? 99% ppl here are retarded neets
I wouldn’t overdo it but on average bears probably have a better chance of gaining.
We’ll see if that trend continues. Doubt it...
Nobody cares a thing about any coin except Chainlink, what does this mean for Chainlink?
Its literally just going to go sides ways between 4800 and 5200 for 6-12 months then randomly pump to 6.5-7k.
What’s the matter, too stupid to reply in words so hide behind a picture?
You know in kindergarten when kids argue and one kid sticks out his tongue? You’re doing the same thing lol
So you drew a fucking bear flag with 2 points of contact and youre saying that there will be a third? Son you miss the point of TA. What youre doing is called talking out of your anus.
Ok Im sorry Ill stop... This seems to trigger you way too much lol. Have a good one and GL with future trades.
I’m not triggered and I don’t trade. Was hoping you’d contribute or say something meaningful
I was really about to say this.
inb4 FUD. Link is literally about to change the crypto ecosystem and will have no dependency on BTC's price. We will literally have cash in/out for the first time ever, fuck going through BTC ever, to hell with what its price is. My guess is it will tag along like with ETH's run that paired with BTC halving, which is happening again in 2020. Seriously guys let's not meme out for a second, I think Link is going to save BTC's from wall street shorter hell.
if we don't have a new stimulant to the ecosystem btc will be crab market forever as only the real users like dark nets keep will keep BTC's value afloat.
The charts have so many potential outcomes, it's foolish not to consider that the most important bridge to crypto of all time is about to launch this year. If Link proves useful and valuable, which it will, how will BTC not follow?
>bears probably have a better chance of gaining.
You mean near term bears?
Long term. Best case scenario we have at least 1 more year of bear/crab
So $2k is inevitable?
My name is Elliot and I say we're back in a bull market so fuck off
When I look at LTC, I just don't see it going below it's December low. If you wanna short it then go ahead. Near term I could see it coming down a little bit or going sideways.
I always thought ta stood for talking anus
LTC AND BTC'S HALVING ARE ALMOST A YEAR APART. LTC'S HALVING IS 4 MONTHS AWAY. IT MAKES SENSE THAT LTC DEVIATES FROM THE TRAJECTORY OF BTC AND OTHER ALTS SLIGHTLY AS WE APPROACH BTC'S HALVING. I CANT SEE IT FALLING BELOW $40 EITHER. THAT IS WHY IT, "LEADS THE MARKET".
>I CANT SEE IT FALLING BELOW $40 EITHER
**THIS CAN ONLY HAPPEN IF BTC DROPS SIGNIFICANTLY**
I think it’ll slowly bleed like Dec’s ATH, but what do I know
I predict the price will crash immediately after halving as whales “sell the news”
You are such a fucking pajeet Jesus Christ shut the hell up. This shitstainlink cancer is trying it's hardest to be obnoxious and it's working
Yeah it's hard to say. If I had a larger networth, I'd probably have a 5% hedge on my positions for now.
Hahaha
The low was like $23 but whatever
It doesn't matter what the volume is when it doesn't grow. One whale's pump isn't enough to sustain the market.
Another beartard cope thread
Post your short position or gtfo.
Oh wait you can't short anymore because yall liquidate from that 4.2k bart.
How fucking destroyed to you have to get before you stop. Asking for your girlfriend’s son
Actually someone was saying the "whale" was China. If it is China then it would be in America best interests to counter their attempt to crash btc by dumping. Maybe some us Gov artificial support. Maybe why we're at this weird 5k support level
$5,000 is a round number. Coming off of a bear market/still in one it shouldn't be such a surprise that we are taking stops at each $1,000 increment.
Is this the argument TA fags make now? “If enough people believe my meme lines they become true”. Yah okay faggot
i hope so
i would buy so much btc at $2000
SEETHING. I DONT MARGIN TRADE, AND WILL BE ACCUMULATING AS MUCH BTC AS POSSIBLE THIS YEAR. JUST POINTING OUT THERE IS A POSSIBILITY OF PROLONGED BEAR MARKET IF $6K+ ISNT BROKEN ON HIGH VOLUME.
SEE
I am sure you are not the only one to feel that way. Hence why if BTC drops to those numbers, I don't see it staying there long. It's like that one .gif where someone dumped ETH to like pennies or some shit and all the bots/buys ate it all up and it went back up like nothing.
>YOUR A
Why would I listen to somebody who can't even write on a 1st grade level?
neither I'm human
>reddit spacing
>claims bear market
this is a buy signal
you sketched the bottom around 1k? that's very hopeful, I hope you're right, but all of my indicators are saying you're wrong.
What do your indicators say the bottom is?
2k at lowest. i do have some reserve to buy more at 1k if it goes that low though. we're heading to the next bubble in 2020, that much we know.
look at volume, look at shorts to long ratios, look at liquidations. look at rate of change.
I'm listening. But how could we go all the way from 19k to 2k? It doesn't seem possible when you look at the past drops from new highs.
So far, whoever posted this prediction is the most credible person on this whole board.
>elliot wave
by far the most retarded form of market divination
>dismissing an actual technical indictator
What?
>drawing arbitrary lines on a graph as 'waves'
>technical indicator