BTC: EXIT ALL ALTS

see

True, no action on sundays.

Is ETH a safe haven or nah?

no it has to make a decision at the end of the triangle

then alts reach new ath and 90% of you get rekt trying to time it correctly.

*prints another trillion tether*

Volume has dropped significantly today, I'll be shocked if it doesn't breakdown.

>more than doubled in Satoshis this month
Yeah, it doesn't work like that anymore.

Stay tunned with their TA gg/raAudb9

Why?

because its a point where support meets resistance so there is no support or resistance at the apex

Don't doubt the king kid. You must be new.

Just set trailing stop losses on your alts and relax

So in other words it will definitely go up as people exit alts and then go down immediately as people buy cheap alts? Stfu

As soon as it dips below 10000 Bitfinex will pro t so.e more tether within the day.

>just purposefully throw away your money when you could avoid losses through attentive trading.

People like you sicken me.

Volume was like 30b a few weeks ago. Somehow BTC still keeps going. I'll be shocked if it doesn't go under, but not surprised

Triangles usually break to about half of their height, right? In this case it would be 13k-13,2k which happens to be a resistance or 8,3k-8,5k which happens to be a support. So when it breaks you should be able to safely ride it up or down with at least 15% gain (if you margin trade of course)

>Two months downtrending
>A few weeks shitting the bed like a madman
>There are literally no news this year for BTC

zoom out the charts for support & resistance

what the fuck are you talking about? a trailing stop loss goes up with the price. it's not a fixed limit

according to abitrary TA lines that literally account for nothing more than patterns people like to pretend to understand.

There's been a kajillion of these threads this month all with different TA, obviously they can't all be right and when it breaks one way or another someone is right and someone is wrong. It can easily trade sideways, just drawing a triangle on a graph doesn't mean that the price will break up or down significantly

> TA
> Good advice
Surely not

ur a giant fag

>exit all alts

its k I got XLM im fine

If you stop thinking about things from a purely TA standpoint you'd realize holding BTC is a great idea right now because Robinhood will open up trading to the normie market very soon.

tethered up just in case
better safe than sorry

Can you tell me more about it?

no they break to ruffly their size at the width of the triangle

that's what retards on Veeky Forums and retards that I know IRL never seem to get. Everyone seems to think it goes like this:
>whales sell their alts and go BTC
>BTC goes on bullrun while alts get BTFO
>biz virgins buy alts for BEFORE whales and the whales end up holding BTC bags or forced to buy back their position in alts at a higher price

This never happened and will never happen. No whale or group of whales will leave their position in alts and then buy back at higher price AFTER dipshits on biz already bought it

They way it really goes is like this:
>whales sell alts and jump to BTC while alts get BTFO
>biz fomos and does the same
>whales buy back alts at a cheaper price
>biz ends up holding BTC bags and they either
a) keep holding these bags while they go sideways and alts reach new ATH
b) sell BTC bags to buy back into their alts at a higher price

This happens every fucking time and it will happen again and again. Everytime I see a dipshit trying to time the market he maybe is succesful 1 or 2 times but eventually gets BTFO.

tell me more about how the price must follow your arbitrary rules

Should I go tether/BTC 50/50? Can't lose that way right?

Geez, I wonder which way btc going to break....

btc couldnt even break the 10k support after news of the biggest hack in crypto history

lmao.. this is going to 13k EOW, and has almost no chance of breaking down

>nothing personnel kid
>u must be new, not like me im oldfag from December

Lmao we're using google trends as a financial indicator now?

literal brainlets

yeah, it only predicted every bull run the last 6 years.

>Tether implodes making both USDT and BTC worthless forever
Nah, you're totally safe brah.

this, down to 7.5-8.6 we go then breakout and bullish through the next month

...

A trailing stop is more flexible than a fixed stop-loss order as it automatically tracks the coin's price direction and does not have to be manually reset like the fixed stop loss. Most exchanges haven't implemented this, but you can get around that limitation using bots or marstrades.com (if you're on bittrex)

>Price rises
>News reports it
>People google how to buy.

The trend in that graph is a consequence of a bullrun you potato not a cause.

Holy shit that's the worst metric possible

That's the worst prediction I've ever seen.

>If BTC hits this point, it might go up or down within the next 2 days.

Bravo m8, you are truly a genius.

>symmetrical triangle
That’s a continuation pattern! It’s going down!

I like the idea but google trends probably lags behind BTC though

BTC goes on bull run > News reports on it > people google it

2/3 to 3/4, not half. In crypto, usually more like 9/10.

>they don't understand that emotional and psychological indicators in the market are just as important as other indicators

this is to shitty for even reddit. please go back to facebook.

Anyone who does TA and makes prediction using only trend lines is a moron

anyway, i'm looking to buy sub 9k.

gl with your trades.

No one can predict the direction. All we can tell from the graph is BTC will explode up or tank this week. That alone is huge information because you can teather up and buy the breakout or wait for the bottom. Also RIP alts

I'll go with the direction we are currently on since the top at 20k.

Just stay in ETH, it's gonna go up in sats and/or fiat value no matter what happens to BTC.

The hilarious part about TA is that the only reason it works is because other people think TA works. It's a self fulfilling prophecy.

Good Luck to you but seriously that's a terrible metric to use please reconsider in the future

>poorfags are coming
yeah, no

Meh, nothing will happen if it rises. It will not reach 20k anytime soon. Best we can hope for is a return to 13k, maybe 15k after a few days, the area it hovered around in the second half of December. This will actually help the alts recover to previous heights as well.
If it drops, you should exit all crypto, including BTC, ETH etc.

oh wow
op was wrong...

Btc will continue sideways for a while since it’s been internally correcting. Stop fudding

bitcoin just hit 11500, you are off by one digit op

so it's breakout?

Why are OPs always wrong?

BUT IT SURE AS FUCK IS BREAKING OUT. YOU WERE RIGHT, OP. EXIT ALL ALTS AHHHHHHHHHHHHHHHHHHHH

THIS IS NOT A DRILL, EXIT ALL ALTS. I REPEAT, THIS IS NOT A DRILL!!!!!

Too early to tell, could be a fake breakout followed by a dip.

it's a fake breakout to make people buy back in, crash to sub 10k later today.

>tfw too scared to daytrade

I'm inclined to agree, the volume is really really low. I think we might see a dip in 12-24 hours depending on how long this rally lasts.

>my FUN and XLM mooning too

Nah I'm good

Bitcoin to the moon

I don't own any but it's nice to see nonetheless

mfw pink id was not a coincidence

biz is a real shithole ... how come there weren't more threads about the coincheck hack - JAPS lost 500 MIL - trading suspendend ... guess what faggots ... many are going to pull out in addition to the downtrend until at least april or so - or if shit goes south (bad regulations) to kill this crypto-coin game for good ... THEIR blockchain will prevail but coins? you niggas be tripping

Well, this is the largest green candle I've seen in a while. And this time it wasn't caused by tether printing.

OP was wrong with the time but it does look like a solid breakout for now.

breakout confirmed

BTC to $15k in about 24 hours

First we should dive to 9k mate

Good decision anyone on biz who encourages or glorifies daytrading is just trying to troll you

It isn't going to happen. BTC us moving SLIGHTLY up in order to shift the charts on other coins. BTC isn't the king anymore, it's the bitch.

100% never going to 15K ever again.

time is the hardest and almost unpredictable in crypto

put more lines there faggot

Oh look it's literally nothing. You fuckers realize if you do the opposite of what Veeky Forums says, you'll be rich as fuck

Boring post

that's why we tethering

TA is a meme, it's probably way more precise to take the floating mean over the last week

everything in crypto is a meme DESU

This fucking low volume is killing me...

because it was in no mans land

targets are 11700 and a solid close above that price and we go to 14k and then 17k in the coming week/s

I don't get it, why should people start buying or selling just because it crosses some arbitrary lines

>What are continuation triangles? - OP
A continuation of the previous trend.
BTC previous trend: Down

this