This shooting star

>this shooting star
are you ready for the cryptocalipse?

$700 by end of year screencap this

Yes. Just wired $5k to Kraken, will be there next week.

Yeah, this is how it's going to be:
>go to sleep
>hehe, btc is going to crash; time to buy
>wake up the next day
>btc at 7k

YEAH

IVE BEEN WAITING FOR THREE FUCKING WEEKS

BUT IT STILL HASNT COME AND I CANT BUY IN UNTIL IT DOES

>A shooting star is a type of candlestick formation that results when a security's price, at some point during the day, advances well above the opening price but closes lower than the opening price.

>For a candlestick to be considered a shooting star, the formation must be on an upward or bullish trend, and the distance between the highest price for the day and the opening price must be more than twice as large as the shooting star's body. The distance between the lowest price for the day and the closing price must be very small or nonexistent.

>Shooting stars indicate potential price tops and reversals. The shooting star candle is most effective when it forms after a series of at least three or more consecutive rising candles with higher highs. As the price rises, buyers get impatient waiting for a pull back, and leap frog over one another to purchase shares. Eventually, the buying frenzy hits a peak as the last of the immediate buyers jump into the stock (or any financial instrument) in a greed-driven panic to mark the highest high of the preceding series of candles.

>The earlier buyers eventually begin to take profits, and short-sellers enter into the stock, causing an immediate price drop after hitting a new high. The candle closes with a wick or shadow that is at least twice the size of the body. The wick or shadow represents the buyers who are immediately under water as liquidity starts to dry up. This is the potential shooting star candle. The very next candle will confirm whether it is a shooting star or a continuation candle.

A shooting star at the very beginning of the Dow Jones crash last decade

last century*

>muh TA

I'm a firm believer in applying TA to cryptos, but you would have to be a special kind of retard to apply candlestick patterns. They are based on opening and closing prices, which cryptos obviously do not have.