Apply TA to this chart and guess where it's going.
Apply TA to this chart and guess where it's going
Looks like a Winking Harambe formation to me. I think it's going to swing around and go to the left.
This is a serious thread.
last red is the new ceiling.
will rise through that and have a breakthrough in another cycle.
too short of a time line to see. but it will platau and probably correct downwards before moving up higher than last peak in a year or so.
is this a tech/internet company?
they probably were in the red for a few years and just got in the black .
down baby down to the ground
Literally put a gun in your mouth and end your life
it's the monero chart and it went down
Is that the infamous "smoking duck" pattern?
volume is insuffecient ta won't work.
can i borrow your gun pham?
statistically it's more likely to make a new high than a low
taking that, we would want to get in to make profit above the new high and a stop loss below the recent low
lol no these are 15-30 min candles over like a 5 day period for XMR.
so its like,raw internet tech....
but since its meme coin , then its probably gonna sit in the shitter for the majority of its lifetime, with random pumps inbetween till its eventually discontinued.
I think we have a support level at the 205, bringing down to the 99 and forward. A 7-9 on the left turn and a branch on the right 4-9. Consolidated, it's clear we have a double win-loss and a 3 strike upwards.
Statistically, it's more likely that you know nothing and nobody should listen to you.
tech analysis in a chart greater than intraday.... EWWWWWWWWW
statistically, 99 is closer to 100 than 90
'That was a serious post.
Don't overlook the significance of the Winking Harambe.
Also your time frame is too short to apply TA.
uses moving averages and a derivative of moving averages
Simple. However I don't ever use TA alone. That takes some serious autism.
That last taller red bar + (.25%) would be my stop loss and I would short the stock at current levels.
not using mechanical analysis
...could it be?
Down, to the second highest dip.
Cherry pick one chart with minimal information to "prove" TA doesn't work.
This isn't even bait. TA doesn't work 100% of the time, one chart means shit.