TA-nonbielevers, give us our safe space..
So it broke the lower edge of the triangle, went bellow and retested it from from bellow and got refused (hard), the same zone it was refused in is where the 50h sma and 100h sma are located...
The stoch is about to do a bearush cross over...
Only thing that could make btc pop through all this resistance is the dangerously high level of shorts....
> is the dangerously high level of shorts....
And there you go
We are due for a short squeeze so I wouldn't be surprised to see a nice pop in by end of today or tomorrow.
also maybe this triangle is better?
its "botje11" on TV, he has been pretty good in the last months...
>t. Flood / ThinkingUSD
Bullish crossover divergence 20k next week
>I drew some gay rockets on the chart
>it means that BTC will go up
The absolute state of TA brainlets
im bullish.
if look back to the april lows, we saw a low of $6438, then a bunch attempts to break that low, and all of them getting rejected.
now this dip looks the same.
a low of $6284, (you could use the wick low of 6108) and now we have attempted to break that low about 5 times now, with no success.
Please crash to the ground, i’m Getting heaps of cash in the next 2 weeks
Need cheap shit... please crash to $800
the difference is that around those times there was volume and things were actually moving....also it was due for a squeeze and it was the same pattern from 2014....
i mean it could easily make a squeeze here too but i wouldnt expect it to be epic....6900max
you might be right but i dont get why people draw lines in souch a way...on the upper side its mostly on the wicks (but it touches a body too).....on the lower side....well its complete chaos.....im relatively new to trading (started doing real TA only like 4 months ago) so i might be completely wrong but when i see something drawn like this i just think its someone reassuring himself his theory is correct....
Fuck me that bottom triangle is so arbitrarily drawn on that it's irrelvant
the TA in this thread is so bad. kys.
The only TA that matters
If brokes 6-6,2k were are in serious troubles
Bring it on, some of us are waiting for the true bottom to buy in
>arbitrarily drawn on that it's irrelvant
Just like every TA ever drawn
Mooning soon. 20k next week. Hold
it is hard to draw lines more arbitrary than he did
I just made computer assisted ones. Same
...
The sooner we go under 6k, the sooner the new bull market begins. If you want another fake bullrun with even lower high, be my guest.
Yep, its definitely going under 6k, a lot of people agree with you, we're all betting on it :)
>falling for bulltraps
so every time a commodity or security goes up in value it's a bull trap? is that how basic your understanding of markets is? how binary is your view exactly.
Every time it does so during a 99% crash
you think btc is going to 198 dollars? lol. maybe i misunderstand, if not, then im not falling your your shitty troll.
of course it isn't going to crash that low, but I really can't see BTC to mantain itself higher than 6k for a while. In the next month we will be hitting 5k levels
for that to happen in 30 days, its gonna need to create a new paradigm in the short side. so i doubt that very much. give it 6 months and i'd agree that 4-5k can be reached.
its delusion to think it can happen that fast right now after recent events. maybe we will reach new paradigm on the short side though, its not impossible, i wonder what the catalyst will be? i suppose f every normie and their mom like on here is bearish it could.
OH NO NO NO
bring it down