MACD Death Cross on 4h BTC Chart

This is it. Prepare the wojaks.

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yep

NO bitcoin gonna go up not down.

how are you shorting this op?

Come on down to daddy

...

I'm tethered. Not going to lose all my money.

i want to short so bad but i always get rekt
only have luck calling the bottom

looks pretty chill to me lol
not sure if u know what to look for
in the MACD
it's a bunch of stuff dude
lol

ELI5 that MACD/RSI Cross?

although its undersold it will see $9800 or a bit less. "Tether" to Digixdao DGD you fools.

It's because the dip won't last long.

investopedia.com/terms/m/macd.asp

short
liq above 11.2k ( the long wick)

trust me on this

read my hand plz

It shows that you like mens

Yep. Stoch RSI indicates that the right time to buy will be soon. Same as MACD.

what exchange do you use user? I want to short BTC/USD but i can't on poloniex

I'm looking at he 4H stoch RSI and this is pretty much buying time. I think shorting right now is dumb, the dip already happened.

holy shit retard using 1min timeframe

4h chart, best for swing traders

bitmexicano hombe

Let's do it lads

>each coin backed by 1 gram of gold
>price of a coin is 10x+ price of gold
yeah go ahead and buy that shitcoin which is backed by under 10% of the total worth

What are the differences between RSI and Stoch RSI?

I think it will get to 11.3k before another major move down.

Friendly reminder that we are dangerously close to forming a death cross on the 50/200 day MA. Our 50 day MA sits at about 10k or so and our 200 day MA sits around 8k.

time will tell. it failed to break out from the down trend and is still heavily overbought in 12h chart, not enough steam to break the bearish trend. it will dip once more to under 10000 before bullrun starts.
screencap this

...

On the 4h chart, it's at the middle of the Bollinger Bands.

I believe it will bounce up over the next few hours.

So what youre saying is get those shopping bags ready..

i want to buy at 5k when dip??

propably not going under 8200

Stoch RSI is the opposite, it will dip, but not much.

>p-probably

I'm not actually aware of anytime btc has formed a death cross without some ungodly event happening. If it does happen we could have an entire year to baghold/buy cheap, or it could be nothing.

user I can only get so hard

Nah, it's nothing. It's just whales desperately trying to push BTC back into the downward channel.
Delaying the inevitable breakout.
It's won't go below $10,000.

Exactly the same conditions predicted the 6k dip.

forgot pic

>Nah, it's nothing
>It's won't go below $10,000

The price was going from the bottom band to the midpoint that time.

This time, we're coming from the top band, and we've met the midpoint after a decent bullish run since the 6k bottom.

I want to believe in at least one more upward bounce past 11k before heading down.

as much as I want this shit to continue decreasing, we just had two bullish hour candles

wait, ascending wedge on 30min

Yeah, very bearish

If we have a strong dip to 6k then it's probably game over and we'll drop a lot lower.

Can't believe I missed the bear flag.

show leveraged short or kill self

...

I'm tethered. I told you before.

I'm mirin that short my dude. Unless Satoshi himself calls a press conference offering your dick sucked by Eva Longoria for .1 btc we are going heavily downward this week.

What are the differences between RSI and Stoch RSI?
What are the differences between RSI and Stoch RSI?

that was incredibly sweet of you to say, thank you

the difference is google it faggot

damn user. good on ya

>you can deny it all you want, but the fact is that Gj7tFsoy is the top1 alfa on Veeky Forums
teach me

abandon all ye racism

Excellent not just another pajeet. goodluck user kun desu

What are the differences between RSI and Stoch RSI?
What are the differences between RSI and Stoch RSI?...
What are the differences between RSI and Stoch RSI?.
What are the differences between RSI and Stoch RSI?....
What are the differences between RSI and Stoch RSI?.....
What are the differences between RSI and Stoch RSI?.......
What are the differences between RSI and Stoch RSI?..........
What are the differences between RSI and Stoch RSI?..................What are the differences between RSI and Stoch RSI?.
What are the differences between RSI and Stoch RSI?................

thank you

why tether short this fucker were going dwn hard

potential falling wedge (bullish)

bitfinex seems to be leading the larger trend-breaking dips. if you see a dip being lead by another exchange, you might assume its just a dip within the trend line.

I don't gamble

IF I KEEP SAYING IT LOUD IT'LL COME TRUE LALALALALALA

new hour candle in 7 minutes. possible movement then

there is some bullish divergence in the 1hr RSI

under 10k soon?

there is a cup and handle in the 1 minute chart
15k confirmed

>not using millisecond charts

Sad

idk. london began the dump at 6:30am their time yesterday. we will see in 3 hours if they resume.

say that to my face not online see what happens

doesn't matter as long as the death cross is there on the 4h chart

my wojaks are ready, when this thing crashes to sub-8k, you are gonna see some serious pink shit.

what do you think about the 4h macd and possibly going through the middle bollinger line?
12h still a bit overbought.
Im thinking little dip under atleast 10000 before trying the breakout again.

but what do I know, im newfag when it comes to TA

My TA technical analysis says that it will wither go up OR down.

Just because macd Crosses doesn't mean it's a death cross. It simply crossed nothing more nothing less.

You might be joking, but right now is not a good time to make an entry. It would be prudent to wait a few hours to see which way it breaks.

sorry, I don't have much to add as I'm hitting my limits with knowledge. I appreciate you sharing your observations :)

One of them is an indicator and the other is an indicator of an indicator.

Buy high, biz. Never change.

mfw I havent sleeped in 42 hours because I have been analyzing charts. now I need to wait few more hours for eurofags to wake up and make their moves

I'm awake. We are dumping.

How do the whales coordinate with each other for the dumps?

sometimes you wish you could just fast forward the market a few hours/days/weeks

sonar

with big red candles

> soy
> abandon racism

Typical. There's nothing wrong with pattern recognition

bump. is this thread dead? i'll post some TA of some meme lines if anyone is interested.

post em

Hello again friends.
I have observed the charts and I came to a conclusion, that we will drop all the way to 9600-9800 zone and bouncing off to breakout and confirm bullish uptrend. and all this happens inside 8 hours.
screencap this

ask and you shall receive. I'm open for criticism on this. I just short the tops and long the bottoms, especially look for when the stochastic diverges when the price nears a line

im stoned and forgot the image.

any thoughts about my conclusion?

>you in 3 days

Look at the bollinger bands on the daily chart too. That one already bounced up off of the middle band, and it has room for a little more upside.

we're going up faggot

it's called sleeping

ICHIIIIMOOOKUUUUUUUU

Niggers keep selling at 11k. Stop that shit, you fucking idiots!!!

cringemax